Quint Digital Rights Issue is scheduled on 09 January 2023 – 24 January 2023 – Quint Digital Media is primarily engaged in the business of running websites through the web, digital or mobile media which may include various information including current affairs, lifestyle, entertainment.
The digital properties had nearly 2.2 crore subscribers in FY 2022 compared to 1.4 crore subscribers in FY 2021, across all social media networks. The audience footprint across the websites and various digital platforms – including Facebook, Instagram, YouTube, Twitter, Snapchat, etc. is also diversified. Some of the key data points aggregated across the websites and digital platforms.
The company operates the following three digital platforms:
The Quint: It is a news platform that engages the reader through videos, op-eds, infographics, animations, and documentaries.
Quint Hindi: Quint Hindi connects people from all over the country by designing content, which is viewer-friendly and authentic.
Quint Fit: It is a platform that offers news and stories, opinions, and conversations spanning a wide range of issues concerning physical, mental, and digital health; parenting; taboos; the status quo; and new developments.
Promoters of Quint Digital – Raghav Bahl,Ritu Kapur,Mohan Lal Jain,Rb Diversified Private Limited
Quint Digital Rights Issue Date, Size & Price
| Quint Digital Rights Issue Date | 09 January 2023 – 24 January 2023 |
| Quint Digital Rights Issue Price | INR 50 per share |
| Issue Size (in Shares) | 2,50,00,000 shares |
| Issue Size (in INR) | INR 125 crore |
| Issue Entitlement | 42 Rights Share for every 37 Equity Shares held as on Record Date |
| Terms of Payment | INR 50 per Rights Equity Share payable on application. |
| Quint Digital Rights Issue Record Date | 22 December 2022 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Quint Digital Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 28.34 | 35.45 | 55.98 |
| Expenses | 155.84 | 80.68 | 82.88 |
| Net income | (81.92) | (61.12) | (24.87) |
| Margin (%) | (289.06) | (172.41) | (44.43) |
Quint Digital Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Coming soon
- Coming soon
- Coming soon
- General corporate purposes
Quint Digital Rights Offer Documents
- Quint Digital Application Form
- Quint Digital Abridged LOF
- Quint Digital Letter of Offer
Quint Digital Rights Issue Timetable
| Quint Digital Rights Issue Record Date | 22 December 2022 |
| Credit of Rights Entitlement | Coming soon |
| Quint Digital Rights Issue Opening Date | 09 January 2023 |
| Last Date for Market Renunciation | 13 January 2023 |
| Quint Digital Rights Issue Closing Date | 24 January 2023 |
| Finalization of Basis of Allotment | Coming soon |
| Quint Digital Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Quint Digital Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | (1.54) | (1.36) | 2.17 |
| PE ratio | – | – | – |
| RONW (%) | – | – | – |
| ROCE (%) | – | – | – |
| EBITDA | – | – | |
| Debt/Equity | – | – | |
| NAV per share | – | – |
Quint Digital Rights Issue Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
505, A Wing, Dattani Plaza,
Andheri Kurla Road, Safed Pool,
Andheri (East), Mumbai: 400 072
Phone:Â +91 22 4972 1245/2851 1022
Email:Â [email protected]
Website:Â www.skylinerta.com
Quint Digital Contact Details
QUINT DIGITAL MEDIA LIMITED
403, Prabhat Kiran, 17,
Rajendra Place, Delhi –
110 008
Phone:Â +91 011 4514 2374
Email:Â [email protected]
Website:Â www.quintdigitalmedia.com
Quint Digital Rights Offer FAQs
What is price of Quint Digital Rights Issue?
The issue price is INR 50 per share.
What is entitlement ratio of Quint Digital Rights Issue?
The eligible shareholders are offered 42 Rights Share for every 37 Equity Shares held as on Record Date.
What is the Record Date of Quint Digital Rights Issue?
The Record date is 22 December 2022.
How to Apply in Quint Digital Rights Offer?
The best way to apply in Quint Digital 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.
