Ganesha Ecoverse Rights Issue Date, Price, Allotment, Entitlement

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Ganesha Ecoverse Rights Issue

Ganesha Ecoverse Rights Issue is scheduled for 2024

Ganesha Ecoverse’s innovation and sustainability are revolutionizing the textile industry. The company offers an unparalleled offering of cutting-edge technology and the highest quality sustainable materials to produce textile yarns and garments to meet the growing demands of an ever-evolving market.

Weaving/Knitting Yarns – The company’s weaving and knitting yarns are versatile and reliable, suitable for a wide range of textile applications. Whether it is creating beautiful woven fabrics or knitting comfortable garments.

Specialty Yarns – These carefully blended yarns are perfect for creating unique and eye-catching textiles and garments. Whether it is looking for texture, color, or special properties, the company’s specialty yarns offer endless possibilities to bring your designs to life.

Sewing Thread – Producing strong, reliable stitches, their sewing threads ensure a flawless finish. Made from high-quality recycled materials, these threads meet the company’s commitment to sustainability while ensuring the durability and longevity of their products.

Ganesha Ecoverse

Promoters of Ganesha Ecoverse – Does Not Have an Identifiable Promoter


Ganesha Ecoverse Rights Issue Details

Ganesha Ecoverse Rights Issue DateComing soon
Ganesha Ecoverse Rights Issue PriceINR 35 per share
Issue Size (in Shares)1,34,15,280 shares
Issue Size (in INR)INR 46.95 crore
Issue Entitlement6 equity shares for every 5 equity shares held on the record date
Terms of PaymentFully payable at the time of application
Ganesha Ecoverse Rights Issue Record DateComing soon
Face ValueINR 10 per share
Listing OnBSE

Ganesha Ecoverse Rights Issue Calculation

Rights Issue PriceINR 35 per share
Market Price on Rights Issue ApprovalINR 67.42 per share
Dilution Factor (X)2.2
Fair Value After Dilution at Prevailing PriceINR 49.74 per share

Ganesha Ecoverse Financial Performance

 FY 2022FY 2023FY 2024
Revenue23.100.105.93
Expenses23.493.467.07
Operating Margin (%)(1.69)(2,440)(1.52)
Net income(0.38)(3.24)4.23
ROCE (%)(1.51)(10.19)
Figures in INR Crores unless specified otherwise

Ganesha Ecoverse Rights Offer Objectives

The company intends to utilize the Net Proceeds from the Issue to augment the capital base of the company.


Ganesha Ecoverse Rights Offer Documents


Ganesha Ecoverse Rights Issue Dates

Rights Issue Approval Date30 May 2024
Rights Issue Record DateComing soon
Credit of Rights EntitlementComing soon
Rights Issue Opening DateComing soon
Last Date for Market RenunciationComing soon
Rights Issue Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Ganesha Ecoverse Rights Allotment DateComing soon
Credit Date Coming soon
Listing DateComing soon

Ganesha Ecoverse Rights Offer Lead Manager

Coming soon


Ganesha Ecoverse Rights Offer Registrar

Coming soon


Ganesha Ecoverse Contact Details

GANESHA ECOVERSE LIMITED
P3-211, Second Floor, Central Square, 20,
Manohar Lal Khorana Marg, Bara Hindu Rao, Delhi-110006
Phone: +91 9415108158
Email: 
[email protected]
Website:
www ganeshaecoverse.com


Ganesha Ecoverse Rights Offer FAQs

What is the Ganesha Ecoverse Rights Issue Price?

The issue price is INR 35 per share.

What is the Ganesha Ecoverse Rights Issue entitlement ratio?

The eligible shareholders are offered 6 Equity Shares for every 5 Equity Shares held on the record date.

What is the Ganesha Ecoverse Rights Issue Record Date?

The Record date is Coming soon.

How to Apply in Ganesha Ecoverse Rights Offer?

The best way to apply in Ganesha Ecoverse Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.

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