Zodiac-JRD-MKJ Rights Issue dates 30 May – 9 June 2025.
Zodiac-JRD-MKJ specializes in the purchase and sale of cut and polished diamonds in a variety of carats, facets, and colors, tailored to meet specific customer requirements. The company also offers an extensive range of diamond jewellery, including both machine-made and handcrafted pieces. Their product line features necklaces, chains, rings, pendants, bracelets, bangles, and other wedding jewellery.
The company Product Portfolio:
- Precious and Semi-Precious Stones
- Cut and Polished Diamonds
- Rough Diamonds
- Gold and Silver Jewellery
Design and manufacturing are carried out either in-house or through third-party job work. The company maintains a strong focus on delivering high-quality products at competitive prices. As of 31 December 2024, Zodiac-JRD-MKJ employs 8 individuals.
Promoters of Zodiac-JRD-MKJ – Jayesh Jayantilal Jhaveri, Kanchanben Rameshchandra Jhaveri, Devang Rajnikant Jhaveri, Rajnikant Amratlal Jhaveri, Jayantilal Amratlal Jhaveri, Kokilaben Rajnikant Jhaveri, Neeta Jayesh Jhaveri, Jigna Devang Jhaveri, Pinal Jayesh Jhaveri, Pooja Jayesh Jhaveri, and Mudit Sharadkumar Jain
Table of Contents
Zodiac-JRD-MKJ Rights Issue Details
| Zodiac-JRD-MKJ Rights Issue Date | 30 May – 9 June 2025 |
| Zodiac-JRD-MKJ Rights Issue Price | INR 40 per share |
| Issue Size (in Shares) | 57,98,443 shares |
| Issue Size (in INR) | INR 23.19 crore |
| Issue Entitlement | 112 equity shares for every 100 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Zodiac-JRD-MKJ Rights Issue Record Date | 21 May 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
Zodiac-JRD-MKJ Rights Issue Calculation
| Zodiac-JRD-MKJ Rights Issue Price | INR 40 per share |
| Market Price on Rights Issue Approval | INR 65.38 per share |
| Dilution Factor (X) | 2.12 |
| Fair Value After Dilution at Prevailing Price | INR 51.97 per share |
Zodiac-JRD-MKJ Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 19.02 | 15.10 | 10.89 |
| Expenses | 18.29 | 14.85 | 14.92 |
| Operating Margin (%) | 3.84 | 1.66 | (37.01) |
| Net Income | 0.68 | 0.99 | (1.37) |
| ROCE (%) | 1.48 | 1.13 | (4.62) |
Zodiac-JRD-MKJ Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Funding the acquisition of VEM Tooling India Private Limited, for the purpose of diversifying the business operations by venturing into the automotive components industry
- General corporate purposes
Zodiac-JRD-MKJ Rights Offer Documents
- Zodiac-JRD-MKJ Rights Issue Application Form
- Zodiac-JRD-MKJÂ Letter of Offer
- Board Meeting Outcome
- Zodiac-JRD-MKJ Draft Letter of Offer
- Rights Issue in 2024
Zodiac-JRD-MKJ Rights Issue Dates
| Rights Issue Approval Date | 15 May 2025 |
| Rights Issue Record Date | 21 May 2025 |
| Credit of Rights Entitlement | 29 May 2025 |
| Rights Issue Opening Date | 30 May 2025 |
| Last Date for Market Renunciation | 3 June 2025 |
| Rights Issue Closing Date | 6 June 2025 |
| Finalization of Basis of Allotment | 13 June 2025 |
| Rights Allotment Date | 13 June 2025 |
| Credit Date | 19 June 2025 |
| Listing Date | 24 June 2025 |
Zodiac-JRD-MKJ Rights Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Zodiac-JRD-MKJ Contact Details
ZODIAC-JRD-MKJ LIMITED
506, 513, 5th Floor, 17G, Vardhaman Chamber,
Cawasji Patel Road, Horniman Circle, Fort,
Mumbai – 400 001, Maharashtra, India
Phone: +91 222 283 1050/ 51
Email: [email protected]
Website: www.zodiacjrdmkjltd.co.in
Zodiac-JRD-MKJ Rights Offer FAQs
What is the Zodiac-JRD-MKJ Rights Issue Price?
The issue price is INR 400 per share.
What is the Zodiac-JRD-MKJ Rights Issue entitlement ratio?
The eligible shareholders are offered 112 Equity Shares for every 100 Equity Shares held on the record date.
What is the Zodiac-JRD-MKJ Rights Issue Record Date?
The Record date is 21 May 2025.
How to Apply in Zodiac-JRD-MKJ Rights Offer?
The best way to apply in Zodiac-JRD-MKJ 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.