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 121 Rights equity Shares for every 50 fully paid up equity shares.
Issue
Open |
December
10, 2024 - December 30, 2024 |
Security Name |
Enbee
Trade & Finance Ltd |
Issue Size (Shares) |
34,676,061 |
Issue Size (Amount) |
Rs
45.08 Crores |
Issue Price |
Rs
13 per share |
Face Value |
Rs
10 per share |
Listing At |
BSE |
Terms of Payment |
Amount payable at the time of
Application. |
Entitlement |
121
Rights Equity Share(s) for every 50 fully paid-up Equity Shares held on
Record Date |
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.
Last
Date to buy shares |
November
27, 2024 |
Record Date |
November
28, 2024 |
Credit of Rights Entitlements |
Yet
to be announced |
Bid/Offer Opens On |
December
10, 2024 |
Renunciation of Rights Entitlements |
December
23, 2024 |
Bid/Offer Closes On |
December
30, 2024 |
Deemed Date of Allotment |
January
3, 2025 |
Credit Date |
January
10, 2025 |
Listing Date |
January
14, 2025 |
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 profit after tax increased by 1014.29% between the FY ending with March 31, 2024 and March 31, 2023.
Period Ended |
31 Mar 2024 |
31 Mar 2023 |
31 Mar 2022 |
Assets |
64.21 |
36.93 |
22.35 |
Revenue |
10.26 |
4.87 |
3.64 |
Profit After Tax |
1.56 |
0.14 |
0.90 |
Net Worth |
30.38 |
10.40 |
10.25 |
Reserves and Surplus |
16.05 |
8.80 |
8.65 |
Total Borrowing |
31.31 |
24.90 |
10.65 |
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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