Josts Engineering Rights Issue dates are not finalized.
Josts Engineering specializes in providing a comprehensive range of material handling and engineered products. These solutions are designed to facilitate the movement, lifting, storage, and transportation of goods across industrial, warehouse, and commercial settings.
The company markets its products under well-recognized brand names such as ‘JUMBO,’ ‘PYGMY,’ and ‘JOTRUK.’ Its diverse product portfolio includes Industrial Platform Trucks, Tow Trucks, Hand Pallet Trucks, Electric Pallet Trucks, Electric Pallet Stackers, Reach Trucks, Forklifts, Racking Systems, Scissor Lifts, Dock Levelers, Pneumatic Sample Transport Systems, Battery-Operated Passenger Carriers, and a wide array of other customized solutions.
Josts Engineering Company structures its business into three distinct verticals based on its product portfolio:
- Warehousing and Material Movement Equipment,
- Vertical Material Movement, and
- Aerial Work Platform (AWP) Range.
Promoters of Josts Engineering – Krishna Agarwal, Jai Prakash Agarwal, Anita Agarwal, Rajendra Kumar Agarwal, Vishal Jain, and Shikha Jain
Table of Contents
Josts Engineering Rights Issue Details
| Josts Engineering Rights Issue Date | Coming soon |
| Josts Engineering Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 49.95 crore |
| Issue Entitlement | NA equity shares for every NA equity share held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Josts Engineering Rights Issue Record Date | Coming soon |
| Face Value | INR 1 per share |
| Listing On | BSE |
Josts Engineering Rights Issue Calculation
| Josts Engineering Rights Issue Price | INR per share |
| Market Price on Rights Issue Approval | INR per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | INR per share |
Josts Engineering Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 124 | 172 | 187 |
| Expenses | 114 | 158 | 170 |
| OPM (%) | 9.0 | 8.0 | 9.0 |
| Net Income | 4.56 | 7.31 | 9.90 |
| ROCE (%) | 18.0 | 25.0 | 25.0 |
Josts Engineering Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet the Working Capital requirement of the company
- General corporate purposes
Josts Engineering Rights Offer Documents
- Josts Engineering Rights Issue Application Form
- Josts Engineering Letter of Offer
- Board Meeting Outcome
- Josts Engineering Draft Letter of Offer
- Rights Issue in 2024
Josts Engineering Rights Issue Dates
| Rights Issue Approval Date | Coming soon |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Josts Engineering Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office no S6-2, 6th floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai, Maharashtra, India, 400093
Tel:Â +91 91 22 62638200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
Josts Engineering Contact Details
JOSTS ENGINEERING COMPANY LIMITED
C-7, Road No. 12, Wagle Industrial Estate,
Thane West, Mumbai, Maharashtra, 400604
Phone:Â +91 022-62674000
Email:Â [email protected]
Website: www.josts.com
Josts Engineering Rights Offer FAQs
What is the Josts Engineering Rights Issue Price?
The issue price is INR NA per share.
What is the Josts Engineering Rights Issue entitlement ratio?
The eligible shareholders are offered NA equity shares for every NA equity share held on the record date.
What is the Josts Engineering Rights Issue Record Date?
The Record date is coming soon.
How to Apply in Josts Engineering Rights Offer?
The best way to apply in Josts Engineering 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.