Jaykay Enterprises Rights Issue Date, Price, Allotment, Entitlement

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Jaykay Enterprises Rights Issue

Jaykay Enterprises Rights Issue is scheduled on

The company is a part of the J K Organisation, a diversified conglomerate. Initially engaged in manufacturing nylon and acrylic fibers, Jaykay Enterprises (JKE) later expanded into Registrar and Share Transfer Agent activities. Presently, the company has diversified itself into various areas including Additive Manufacturing systems, Prototyping, powder metallurgy, large-scale Digital Manufacturing, Reverse Engineering, and Plant modeling.

In the defense and aerospace sectors, it specializes in engineering products across various industry verticals, software designing and development, and manufacturing of parts and accessories used in the defense and aerospace sectors. Its work includes composite applications, underwater mines, and machining for the aerospace sector.

The company has formed strategic alliances with global industry leaders, including EOS Singapore Pte Ltd from Germany, specializing in additive manufacturing, and Phillips Machine from the USA, known for its expertise in CNC technology.

Jaykay Enterprises

Promoters of Jaykay Enterprises – Mr. Abhishek Singhania


Jaykay Enterprises Rights Issue Details

Jaykay Enterprises Rights Issue DateComing soon
Jaykay Enterprises Rights Issue PriceINR 25 per share
Issue Size (in Shares)5,84,57,688 shares
Issue Size (in INR)INR 146.14 crore
Issue Entitlement1 equity shares for every 1 equity shares held on record date
Terms of PaymentFully payable at the time of application
Jaykay Enterprises Rights Issue Record DateComing soon
Face ValueINR 1 per share
Listing OnBSE

Jaykay Enterprises Rights Issue Calculation

Jaykay Enterprises Rights Issue PriceINR 25 per share
Market Price on Rights Issue ApprovalINR 121.95 per share
Dilution Factor (X)146.95
Fair Value After Dilution at Prevailing PriceINR 73.48 per share

Jaykay Enterprises Financial Performance

 FY 2022FY 2023FY 2024
Revenue10.7046.9652.66
Expenses11.9644.9649.24
Operating Margin (%)(11.78)4.266.49
Net Income17.588.279.60
ROCE (%)17.312.77
Figures in INR Lakhs unless specified otherwise

Jaykay Enterprises Rights Offer Objectives

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

  • Investment in its Wholly Owned Subsidiary JK Defence & Aerospace Limited to establish the manufacturing facility of defense-related products as detailed below and repayment of loan taken by JK Defence – INR 90 crore
  • Investment in its Wholly Owned Subsidiary JK Digital & Advance Systems Private Limited for purchase of 3-D Printing machinery and establishment of a Center of Excellence of 3-D Printing – INR 48 crore
  • General Corporate Purposes

Jaykay Enterprises Rights Offer Documents


Jaykay Enterprises Rights Issue Dates

Rights Issue Approval Date9 April 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
Rights Allotment DateComing soon
Credit Date Coming soon
Listing DateComing soon

Jaykay Enterprises Rights Offer Lead Manager

CORPORATE PROFESSIONALS CAPITAL PRIVATE LIMITED
D-28, South Extension,
Part I, New Delhi -110049, India
Phone: +91 011 4062 2230
Email: 
[email protected]
Website:
www.corporateprofessionals.com


Jaykay Enterprises Rights Offer Registrar

ALANKIT ASSIGNMENTS LIMITED
Alankit House, 4E/2,
Jhandewalan Extension, New Delhi-110055
Phone: +91 11 4254 1966
Email: 
[email protected]
Website:
www.alankit.com


Jaykay Enterprises Issue Contact Details

JAYKAY ENTERPRISES LIMITED
Kamla Tower, Kanpur-208001, Uttar Pradesh, India
Phone: +91512-2371478
Email: 
[email protected]
Website:
www.jaykayenterprises.com


Jaykay Enterprises Rights Offer FAQs

What is the Jaykay Enterprises Rights Issue Price?

The issue price is INR 25 per share.

What is the Jaykay Enterprises Rights Issue entitlement ratio?

The eligible shareholders are offered 1 Equity Shares for every 1 Equity Shares held on the record date.

What is the Jaykay Enterprises Rights Issue Record Date?

The Record date is Coming soon.

How to Apply in Jaykay Enterprises Rights Offer?

The best way to apply in the Jaykay Enterprises 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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