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.
Promoters of Integra Essentia – Vishesh Gupta
Table of Contents
Integra Essentia Rights Issue Details
| Integra Essentia Rights Issue Date | 11 – 25 June 2024 |
| Integra Essentia Rights Issue Price | INR 3.25 per share |
| Issue Size (in Shares) | 15,36,24,538 shares |
| Issue Size (in INR) | INR 49.93 crore |
| Issue Entitlement | 20 equity shares for every 119 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Integra Essentia Rights Issue Record Date | 1 June 2024 |
| Face Value | INR 1 per share |
| Listing On | NSE, BSE |
Integra Essentia Rights Issue Calculation
| Integra Essentia Rights Issue Price | INR 3.25 per share |
| Market Price on Rights Issue Approval | INR 3.86 per share |
| Dilution Factor (X) | 1.17 |
| Fair Value After Dilution at Prevailing Price | INR 3.77 per share |
Integra Essentia Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 68.53 | 241.41 | 277.27 |
| Expenses | 67.52 | 238.33 | 272.94 |
| Operating Margin (%) | 1.66 | 2.99 | 8.38 |
| Net Income | 1.09 | 6.60 | 15.38 |
| ROCE (%) | – | 14 | – |
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 Application Form
- Integra Essentia Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Integra Essentia Rights Issue Dates
| Rights Issue Approval Date | 28 May 2024 |
| Rights Issue Record Date | 1 June 2024 |
| Credit of Rights Entitlement | 5 June 2024 |
| Rights Issue Opening Date | 11 June 2024 |
| Last Date for Market Renunciation | 20 June 2024 |
| Rights Issue Closing Date | 25 June 2024 |
| Finalization of Basis of Allotment | 28 June 2024 |
| Rights Allotment Date | 29 June 2024 |
| Credit Date | 2 July 2024 |
| Listing Date | 5 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:Â [email protected]
Website:Â 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:Â 011-40450193/97
Email:Â [email protected]
Website:Â 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:Â [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.
