Growington Ventures Rights Issue dates 14 May – 12 June 2025.
Growington Ventures India specializes in the export and import of premium-quality fruits from India. The company offers a diverse and extensive range of fresh produce, including Apples, Green Apples, Oranges, Mandarins, Pears, Kiwis, Dragon Fruits, Avocados, Red Globe Grapes, Plums, Nectarines, Peaches, Cherries, Blueberries, Grapefruits, Mango Stem, Ram Bhutan, Longan, Dates, Tamarind, and many others.
Over the years, Growington Ventures has established a robust procurement and distribution network, efficiently operating across domestic and international markets. This strong foundation is the result of dedicated effort, strategic foresight, and a deep understanding of the global fruit trade.
With a comprehensive product portfolio that features Apples, Oranges, Kiwis, Grapes, Dragon Fruit, Avocados, Berries, Mango Stems, Dates, and more, the company consistently delivers fresh, nutritious produce that adheres to the highest standards of quality and safety worldwide.
Promoters of Growington Ventures India – Vikram Bajaj (HUF), Vikram Bajaj, and Vinita Bajaj
Table of Contents
Growington Ventures Rights Issue Details
| Growington Ventures Rights Issue Date | 14 May – 12 June 2025 |
| Growington Ventures Rights Issue Price | INR 1 per share |
| Issue Size (in Shares) | 49,75,00,000 shares |
| Issue Size (in INR) | INR 49.75 crore |
| Issue Entitlement | 3 equity shares for every 1 equity share held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Growington Ventures Rights Issue Record Date | 29 April 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Growington Ventures Rights Issue Calculation
| Growington Ventures Rights Issue Price | INR 1 per share |
| Market Price on Rights Issue Approval | INR 2.81 per share |
| Dilution Factor (X) | 4 |
| Fair Value After Dilution at Prevailing Price | INR 1.45 per share |
Growington Ventures Financial Performance
| FY 2023 | FY 2024 | |
| Revenue | 19.63 | 34.30 |
| Expenses | 18.68 | 32.71 |
| Operating Margin (%) | 4.84 | 4.64 |
| Net Income | 1.26 | 1.14 |
| ROCE (%) | – | 11.69 |
Growington Ventures Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet the working capital requirements of the company
- General corporate purposes
Growington Ventures Rights Offer Documents
- Growington Ventures Rights Issue Application Form
- Growington Ventures Letter of Offer
- Board Meeting Outcome
- Growington Ventures Draft Letter of Offer
- Rights Issue in 2024
Growington Ventures Rights Issue Dates
| Rights Issue Approval Date | 23 April 2025 |
| Rights Issue Record Date | 29 April 2025 |
| Credit of Rights Entitlement | 13 May 2025 |
| Rights Issue Opening Date | 14 May 2025 |
| Last Date for Market Renunciation | 6 June 2025 |
| Rights Issue Closing Date | 12 June 2025 |
| Finalization of Basis of Allotment | 17 June 2025 |
| Rights Allotment Date | 18 June 2025 |
| Credit Date | 19 June 2025 |
| Listing Date | 25 June 2025 |
Growington Ventures Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Opp. Kasturba Hospital Lane
Lower Parel (E) Mumbai – 400011, Maharashtra, India
Phone: +91 22 3522 0056 / 4961 4132
Email: [email protected]
Website: www.purvashare.com
Growington Ventures Contact Details
GROWINGTON VENTURES INDIA LIMITED
Shiv Chamber,4th Floor ,Plot No 21, Sector 11
CBD Belapur Navi Mumbai – 400614 Maharashtra
Phone: +91 22 49736901
Email: [email protected]
Website: www.growington.in
Growington Ventures Rights Offer FAQs
What is the Growington Ventures Rights Issue Price?
The issue price is INR 1 per share.
What is the Growington Ventures Rights Issue entitlement ratio?
The eligible shareholders are offered 3 Equity Shares for every 1 Equity Share held on the record date.
What is the Growington Ventures Rights Issue Record Date?
The Record date is 29 April 2025.
How to Apply in Growington Ventures Rights Offer?
The best way to apply in Growington Ventures 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.