Nibe Ordnance Rights Issue dates 17 – 28 January 2025.
Incorporated in December 1984, Nibe Ordnance and Maritim (formerly Anshuni Commercials Limited) specializes in the manufacturing, sale, and trade of gold and diamond-studded jewelry, along with cut and polished diamonds. The company operates in both domestic and export markets, distributing loose polished diamonds to a global clientele. This diverse customer base helps mitigate market risks and enables the company to adapt to changing demand. Additionally, Nibe Ordnance and Maritim serve retail customers and local jewelry manufacturers, ensuring a broad market reach.
The company operates retail businesses in emerging markets such as India, capitalizing on the significant growth potential in these regions. It specializes in polished diamonds, offering a range from VVS to I2 quality, primarily in round shapes and D to K colors, with carat weights ranging from 0.02 to 3.99 carats. These diamonds are exported globally, and the company employs skilled professionals to enhance their brilliance and color. With a diverse product line and a focus on quality, the company actively seeks new business opportunities and looks to establish partnerships with esteemed organizations.
Promoters of Nibe Ordnance and Maritime – M/S. Nibe Limited, Mrs. Manjusha Ganesh Nibhe, and Mr. Nibe Ganesh Ramesh
Table of Contents
Nibe Ordnance and Maritime Rights Issue Details
| Nibe Ordnance Rights Issue Date | 17 – 28 January 2025 |
| Nibe Ordnance Rights Issue Price | INR 35 per share |
| Issue Size (in Shares) | 3,31,375 Shares |
| Issue Size (in INR) | INR 1.16 crore |
| Issue Entitlement | 11 equity shares for every 2 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Nibe Ordnance Rights Issue Record Date | 7 January 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Nibe Ordnance Rights Issue Calculation
| Nibe Ordnance Rights Issue Price | INR 35 per share |
| Market Price on Rights Issue Approval | INR 1.38 per share |
| Dilution Factor (X) | 6.5 |
| Fair Value After Dilution at Prevailing Price | INR 29.83 per share |
Nibe Ordnance Financial Performance
| Â | FY 2024 |
| Revenue | 0.00 |
| Expenses | 0.21 |
| Net Income | (0.20) |
Nibe Ordnance Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To expand the company’s operations by setting up a new office
- To forgo the Promoter’s entire entitlement to maintain minimum public shareholding
- To meet the expenses of the Issue
- General corporate purposesÂ
Nibe Ordnance Rights Offer Documents
- Nibe Ordnance Rights Issue Application Form
- Nibe Ordnance Letter of Offer
- Board Meeting Outcome
- Nibe Ordnance Draft Letter of Offer
- Rights Issue in 2024
Nibe Ordnance Rights Issue Dates
| Rights Issue Approval Date | 1 January 2025 |
| Rights Issue Record Date | 7 January 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 17 January 2025 |
| Last Date for Market Renunciation | 22 January 2025 |
| Rights Issue Closing Date | 28 January 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Nibe Ordnance Rights Offer Lead Manager
NAVIGANT CORPORATE ADVISORS LIMITED
804, Meadows, Sahar Plaza Complex,
J B Nagar, Andheri Kurla Road,
Andheri East, Mumbai-400 059
Phone:Â +91-22-41204837/49735078
Email:Â [email protected]
Website:Â www.navigantcorp.com
Nibe Ordnance Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
Unit no. 9, Shiv Shakti Ind. Estt. J. R. Boricha Marg,
Lower Parel (E) Mumbai 400 011
Phone:Â +91 022-2301 2517
Email:Â [email protected]
Website:Â www.purvashare.com
Nibe Ordnance Contact Details
NIBE ORDNANCE AND MARITIME LIMITED
202, C-Wing, Windfall, Sahar Plaza Complex,
J B Nagar Marol, M. V. Road, Andheri (East),
J.B. Nagar, Mumbai, Maharashtra, India, 400059
Phone:Â 022-62094999/46195848
Email:Â [email protected]
Website:Â www.anshuni.com
Nibe Ordnance Rights Offer FAQs
What is the Nibe Ordnance Rights Issue Price?
The issue price is INR 35 per share.
What is the Nibe Ordnance Rights Issue entitlement ratio?
The eligible shareholders are offered 11 Equity Shares for every 2 Equity Shares held on the record date.
What is the Nibe Ordnance Rights Issue Record Date?
The Record date is 7 January 2025.
How to Apply in Nibe Ordnance Rights Offer?
The best way to apply in the Nibe Ordnance 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.
