Murae Organisor Rights Issue dates are not finalized.
Murae Organisor operates in the pharmaceutical sector, focusing on the marketing, trading, and distributing of a diverse range of pharmaceutical formulations. Their portfolio includes antibiotic and anti-malarial medications, remedies for allergies and colds, analgesics, antipyretics, anti-inflammatory drugs, and dermatological treatments. They also specialize in cerebral activators, neurological therapies, gastrointestinal solutions, steroids, gynecological products, calcium supplements, multivitamins, antioxidants, and various injectable medications.
The company operates across numerous Indian states, including Gujarat, Maharashtra, Chhattisgarh, Uttar Pradesh, Mizoram, Andhra Pradesh, Rajasthan, Madhya Pradesh, Manipur, Assam, Meghalaya, Kerala, Telangana, and more. The company is committed to providing affordable, high-quality healthcare and consumer products, and ensures global accessibility. Its international presence spans regions like Africa, Latin America, and Southeast Asia, and it is powered by WHO-approved manufacturing facilities in India and a strong distribution network.
Promoters of Murae Organisor (Formerly Known as Earum Pharmaceuticals) – Mr. Bhumishth Narendrabhai Patel, and Ms. Payal Bhumishth Patel
Table of Contents
Murae Organisor Rights Issue Details
| Murae Organisor Rights Issue Date | Coming soon |
| Murae Organisor Rights Issue Price | INR 2 per share |
| Issue Size (in Shares) | 23,23,70,539 Shares |
| Issue Size (in INR) | INR 46.47 crore |
| Issue Entitlement | 1 equity shares for every 3 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Murae Organisor Rights Issue Record Date | 19 December 2024 |
| Face Value | INR 2 per share |
| Listing On | BSE |
Murae Organisor Rights Issue Calculation
| Murae Organisor Rights Issue Price | INR 2 per share |
| Market Price on Rights Issue Approval | INR 2.09 per share |
| Dilution Factor (X) | 1.33 |
| Fair Value After Dilution at Prevailing Price | INR 2.07 per share |
Murae Organisor Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 21.04 | 14.09 | 2.54 |
| Expenses | 25.46 | 13.16 | 3.67 |
| Operating Margin (%) | (21.01) | 6.60 | (44.49) |
| Net Income | 2.22 | 1.98 | 0.05 |
| ROCE (%) | 12.32 | 11.68 | 0.79 |
Murae Organisor Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Incremental working capital requirements
- General corporate purposesÂ
Murae Organisor Rights Offer Documents
- Murae Organisor Rights Issue Application Form
- Murae Organisor Letter of Offer
- Board Meeting Outcome
- Murae Organisor Draft Letter of Offer
- Rights Issue in 2024
Murae Organisor Rights Issue Dates
| Rights Issue Approval Date | 13 December 2024 |
| Rights Issue Record Date | 19 December 2024 |
| 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 |
Murae Organisor Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â [email protected]
Website:Â www.bigshareonline.com
Murae Organisor Contact Details
MURAE ORGANISOR LIMITED
A-1311 Sun West Bank, Ashram Road, Ashram Road P.O,
Ahmedabad, City Ahmedabad – 380 009
Phone:Â +91-7600266679
Email:Â [email protected]
Website:Â www.earumpharma.com
Murae Organisor Rights Offer FAQs
What is the Murae Organisor Rights Issue Price?
The issue price is INR 2 per share.
What is the Murae Organisor Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 3 Equity Shares held on the record date.
What is the Murae Organisor Rights Issue Record Date?
The Record date is 19 December 2024.
How to Apply in Murae Organisor Rights Offer?
The best way to apply in the Murae Organisor 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.
