Integra Essentia Rights Issue Date, Price, Allotment, Entitlement

0

Last updated on June 11, 2024

Integra Essentia Rights Issue

Integra Essentia Rights Issue is scheduled on 11 – 25 June 2024

Integra Essentia manufactures and sells clothing and textile products and specializes in trading agricultural produce, essentials, basic human needs, organic and natural products, processed food and other essentials, energy, and infrastructure products.

As of 15 February 2023, the company acquired the winery’s holdings for INR 40 crore as part of its predefined long-term business growth strategy.

The state-of-the-art processing facility is spread over an area of ​​4500 square meters. It is equipped with state-of-the-art equipment from Japan and the U.S. Its installed capacity allows for processing 21,000 tonnes of export-quality rice per year.

Integra Essentia

Promoters of Integra Essentia – Vishesh Gupta


Integra Essentia Rights Issue Details

Integra Essentia Rights Issue Date11 – 25 June 2024
Integra Essentia Rights Issue PriceINR 3.25 per share
Issue Size (in Shares)15,36,24,538 shares
Issue Size (in INR)INR 49.93 crore
Issue Entitlement20 equity shares for every 119 equity shares held on record date
Terms of PaymentFully payable at the time of application
Integra Essentia Rights Issue Record Date1 June 2024
Face ValueINR 1 per share
Listing OnNSE, BSE

Integra Essentia Rights Issue Calculation

Integra Essentia Rights Issue PriceINR 3.25 per share
Market Price on Rights Issue ApprovalINR 3.86 per share
Dilution Factor (X)1.17
Fair Value After Dilution at Prevailing PriceINR 3.77 per share

Integra Essentia Financial Performance

 FY 2022FY 2023FY 2024
Revenue68.53241.41277.27
Expenses67.52238.33272.94
Operating Margin (%)1.662.998.38
Net Income1.096.6015.38
ROCE (%)–14–
Figures in INR Crores unless specified otherwise

Integra Essentia Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • To meet the working capital requirements of the company – INR 36.60 crore
  • General corporate purposes – INR 12.18 crore

Integra Essentia Rights Offer Documents


Integra Essentia Rights Issue Dates

Rights Issue Approval Date28 May 2024
Rights Issue Record Date1 June 2024
Credit of Rights Entitlement5 June 2024
Rights Issue Opening Date11 June 2024
Last Date for Market Renunciation20 June 2024
Rights Issue Closing Date25 June 2024
Finalization of Basis of Allotment28 June 2024
Rights Allotment Date29 June 2024
Credit Date 2 July 2024
Listing Date5 July 2024

Integra Essentia Rights Offer Lead Manager

FAST TRACK FINSEC PRIVATE LIMITED
Office No. V-116,1stFloor, New Delhi House,
27, Barakhamba Road, New Delhi -110001
Phone: +91-11-43029809
Email: [email protected]
Website: www.ftfinsec.com


Integra Essentia Rights Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area,
Phase-I, New Delhi-110020
Phone: 011-40450193/97
Email: [email protected]
Website: www.skylinerta.com


Integra Essentia Issue Contact Details

INTEGRA ESSENTIA LIMITED
607, 6th Floor, Pearls Best Height -II,
Netaji Subhash Place, Delhi, India – 110034
Phone: +91 80762 00456, 76692253-10/11
Email: 
[email protected]/ [email protected]
Website:
www.integraessentia.com


Integra Essentia Rights Offer FAQs

What is the Integra Essentia Rights Issue Price?

The issue price is INR 3.25 per share.

What is the Integra Essentia Rights Issue entitlement ratio?

The eligible shareholders are offered 20 Equity Shares for every 119 Equity Shares held on the record date.

What is the Integra Essentia Rights Issue Record Date?

The Record date is 1 June 2024.

How to Apply in Integra Essentia Rights Offer?

The best way to apply in Integra Essentia 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 out an application form and deposit it to your broker.

LEAVE A REPLY

Please enter your comment!
Please enter your name here