Enbee Trade & Finance Rights Issue Details, Record Date, Issue Price, Subscription

Enbee Trade & Finance Rights Issue details are released Enbee. Trade & Finance plans to issue 34,676,061 equity shares amounting to Rs 45.08 crores. Enbee Trade & Finance Rights issue price is Rs 13 per share, and the face value is Rs 10 per share.

Enbee Trade & Finance Rights Issue open date is December 10, 2024 and closes on December 30, 2024. Enbee Trade & Finance rights issue entitlement ratio is 121: 50, which is 121 Rights equity Shares for every 50 fully paid up equity shares.

The Enbee Trade & Finance Rights Issue record date is November 28, 2024. The last date to buy shares of Enbee Trade & Finance is November 27, 2024. Rights Issue subscription status will be available after the issue goes live.

Enbee Trade & Finance Rights Issue Allotment date is January 03, 2025, Credit date is January 10, 2025 and Listing date is January 14, 2025. The register for the Enbee Trade & Finance Rights Issue is Cameo Corporate Services Limited.

The book-running lead manager(s) are Saffron Capital Advisors Private Limited. The listing will be at BSE, and the terms of payment are the full amount payable on the application.

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Enbee Trade & Finance Rights Issue Details

Enbee Trade & Finance Rights Issue details, Enbee Trade & Finance plans to issue 34,676,061 equity shares amounting to Rs 45.08 crores. Enbee Trade & Finance Rights issue price is Rs 13 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 121: 50, which is 1 Rights equity Shares for every 8 fully paid up equity shares.

Enbee Trade & Finance Rights Issue Dates

Enbee Trade & Finance Rights Issue open date is December 10, 2024 and closes on December 30, 2024. The Enbee Trade & Finance Rights Issue record date is November 28, 2024. The last date to buy shares of Enbee Trade & Finance is November 27, 2024.

Enbee Trade & Finance Rights Issue Objectives

Enbee Trade & Finance Rights Issue objective is to utilize the net proceeds from the Issue for the following purposes: repayment of unsecured loans availed by the Company from its Promoter and Promoter Group, and augmentation of the Company’s capital base.

Enbee Trade & Finance Rights Issue Subscription

Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 121 Rights Equity Share(s) for every 50 fully paid-up Equity Shares held on Record Date, offer price is Rs 13 per share and terms of payment is amount payable at the time of application.

Enbee Trade & Finance Limited: About Company

Enbee Trade & Finance Limited, established on July 24, 1985, is a non-deposit accepting non-banking financial company (NBFC) based in India.

The company primarily engages in financing and investment activities, catering to various sectors within the financial industry. With a market capitalization of approximately ₹19 crore, Enbee Trade has demonstrated a commitment to conservative investment strategies and financial stability.

Under the leadership of Mr. Amarr Galla, the Managing Director, the firm has navigated economic fluctuations while focusing on sustainable growth. The company's performance metrics include a P/E ratio of 8.34 and a return on equity (ROE) of 6.96%, reflecting its operational efficiency and profitability in a competitive market landscape.

Enbee Trade & Finance Limited Financials (in crore)

Enbee Trade & Finance Limited reported a revenue of Rs 10.26 crore and profit after tax of Rs 1.56 crore. The company’s revenue increased by 110.68% and rofit after tax increased by 1014.29% between the FY ending with March 31, 2024 and March 31, 2023.

Enbee Trade & Finance Rights Issue Registrar

Enbee Trade & Finance Limited registrar is Cameo Corporate Services Limited. The book-running lead manager(s) are Saffron Capital Advisors Private Limited.

FAQs

1. What are the details of the Enbee Trade & Finance Rights Issue?

Enbee Trade & Finance Rights Issue details, Enbee Trade & Finance plans to issue 34,676,061 equity shares amounting to Rs 45.08 crores. Enbee Trade & Finance Rights issue price is Rs 13 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 121:50, which is 121 Rights equity Shares for every 50 fully paid up equity shares.

2. Enbee Trade & Finance Rights Issue open and close date?

Enbee Trade & Finance Rights Issue open date is December 10, 2024 and closes on December 30, 2024. The Enbee Trade & Finance Rights Issue record date is November 28, 2024. The last date to buy shares of Enbee Trade & Finance is November 27, 2024.

3. How can I apply for the Enbee Trade & Finance Rights Issue?

You can apply for Enbee Trade & Finance in two ways one is Net Banking (ASBA) and the other is by visiting Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Enbee Trade & Finance Rights Issue?

Enbee Trade & Finance rights issue entitlement ratio is 121: 50, which is 121 Rights equity Shares for every 50 fully paid up equity shares.

5. How can I check the Enbee Trade & Finance Issue Allotment Status?

The registrar for this upcoming rights issue is Cameo Corporate Services Limited. Investors can check out the allotment by visiting the registrar's website.

6. From where can I get the Letter of Offer for this Rights Issue?

You can download the Letter of Offer by visiting here.

7. What is the listing date of the Enbee Trade & Finance Rights Issue?

Enbee Trade & Finance Rights Issue listing date is January 14, 2024 and will be listed on the BSE.

8. Who is the registrar and lead managers of Enbee Trade & Finance Rights Issue?

Enbee Trade & Finance Limited registrar is Cameo Corporate Services Limited. The book-running lead manager(s) are Saffron Capital Advisors Private Limited.

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