Zodiac Ventures Rights Issue dates 31 July – 25 August 2025.
Established in 1981, Zodiac Ventures is a public real estate development company with a specialized focus on residential redevelopment. The company, along with its promoters and associates, targets slum rehabilitation, cessed buildings, aging MCGM-owned structures, and cooperative housing societies. Zodiac holds a 42.81% stake in its associate, Zodiac Developers.
Zodiac emphasizes acquiring strategically located, reasonably priced land, prioritizing architectural design, quality infrastructure, and optimal space utilization. Its completed residential and commercial projects span over 122,169 sq. ft. across prime Mumbai localities, including Vile Parle (E), Bandra (W & E), and Juhu. Notable developments include JUHU DIAMOND (55,900 sq. ft., 190 units), KUSHINARA (42,718 sq. ft., 30 units), and VENUS (9,478 sq. ft., 14 units). The company has also executed MERCURY, a commercial complex in Bandra (E) with 7 units across 6,556 sq. ft.
Current ongoing projects include Anjaneshwar Society and Guruchhaya Society, further cementing its presence in Mumbai’s redevelopment segment. As of 31 March 2024, Zodiac Ventures operates with a lean workforce of eight employees.
Promoters of Zodiac Ventures – Mr. Ramesh Virji Shah, Ms. Pushpa Ramesh Shah, Mr. Jimit Ramesh Shah, Ms. Sunita Jimit Shah, and Ms. Yesha Ramesh Shah
Table of Contents
Zodiac Ventures Rights Issue Details
| Zodiac Ventures Rights Issue Date | 31 July – 25 August 2025 |
| Zodiac Ventures Rights Issue Price | INR 6.30 per share |
| Issue Size (in Shares) | 4,51,08,000 shares |
| Issue Size (in INR) | INR 28.42 crore |
| Issue Entitlement | 6 equity shares for every 5 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Zodiac Ventures Rights Issue Record Date | 18 July 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Zodiac Ventures Rights Issue Calculation
| Zodiac Ventures Rights Issue Price | INR 6.30 per share |
| Market Price on Rights Issue Approval | INR 11.62 per share |
| Dilution Factor (X) | 2.2 |
| Fair Value After Dilution at Prevailing Price | INR 8.72 per share |
Zodiac Ventures Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 98.52 | 0.69 | 1.60 |
| Expenses | 87.93 | (9.74) | (1.90) |
| OPM (%) | 10.75 | 1,511.59 | 218.75 |
| Net Income | 3.52 | 0.51 | 1.01 |
| ROCE (%) | 25.30 | 16.25 | 5.74 |
Zodiac Ventures Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet incremental working capital requirements
- Repayment of Secured/ Unsecured Loan
- General corporate purposes
Zodiac Ventures Rights Offer Documents
- Zodiac Ventures Rights Issue Application Form
- Zodiac Ventures Letter of Offer
- Board Meeting Outcome
- Zodiac Ventures Draft Letter of Offer
- Rights Issue in 2024
Zodiac Ventures Rights Issue Dates
| Rights Issue Approval Date | 14 July 2025 |
| Rights Issue Record Date | 18 July 2025 |
| Credit of Rights Entitlement | 24 July 2025 |
| Rights Issue Opening Date | 31 July 2025 |
| Last Date for Market Renunciation | 8 August 2025 |
| Rights Issue Closing Date | 25 August 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Zodiac Ventures 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 Ventures Contact Details
ZODIAC VENTURES LIMITED
205-C, 45 Juhu Residency, Off Gulmohar Road, Juhu,
Vile Parle (West), Mumbai, Maharashtra, India, 400049
Phone: +919920598992
Email: [email protected]
Website: www.zodiacventures.in
Zodiac Ventures Rights Offer FAQs
What is the Zodiac Ventures Rights Issue Price?
The issue price is INR 6.30 per share.
What is the Zodiac Ventures Rights Issue entitlement ratio?
The eligible shareholders are offered 6 equity shares for every 5 equity shares held on the record date.
What is the Zodiac Ventures Rights Issue Record Date?
The Record date is 18 July 2025.
How to Apply in the Zodiac Ventures Rights Offer?
The best way to apply in the Zodiac Ventures Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same with your broker.