Harshil Agrotech Rights Issue Details, Record Date, Issue Price, Subscription

  • 11-Feb-2025
  • 2 mins read
Harshil Agrotech Rights Issue - Bigul

Harshil Agrotech Rights Issue Details, Record Date, Issue Price, Subscription

Harshil Agrotech Rights Issue details are now available. The company plans to issue 20,32,00,000 equity shares amounting to Rs 49.38 crores. Harshil Agrotech’s Rights issue price is Rs 2.43 per share, and the face value is Rs 1 per share. 

Harshil Agrotech Rights Issue open date and close date will be available soon. Harshil Agrotech rights issue entitlement ratio is 2:5, which is 2 Rights Equity Share for every 5 fully paid-up Equity Share held on record date.

Harshil Agrotech Rights Issue record date is February 5, 2025. The last date to buy shares of Harshil Agrotech is February 4, 2025. Rights Issue subscription status will be available after the issue goes live.

Harshil Agrotech Rights Issue Allotment date, Credit date and Listing date will be available soon. However, the listing will be at the BSE platform.

Harshil Agrotech Rights Issue book-running lead manager is not yet disclosed. The registrar for the Harshil Agrotech rights Issue is Purva Sharegistry India Private Limited.

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Harshil Agrotech Rights Issue Details

Harshil Agrotech Rights Issue details are as follows: the company plans to issue 20,32,00,000 equity shares amounting to Rs 49.38 crores. Harshil Agrotech Rights issue price is Rs 2.43 per share. The rights issue entitlement ratio is 2:5, which is 2 Rights Equity Share for every 5 fully paid-up equity share(s).

Issue Open

February 18, 2025 - March 17, 2025

Security Name

Harshil Agrotech Limited

Issue Size (Shares)

20,32,00,000

Issue Size (Amount)

Rs 49.38 Crores

Issue Price

Rs 2.43 per share

Face Value

Rs 1 per share

Listing At

BSE

Terms of Payment

The full amount of Issue Price per Rights Equity Share is payable on Application.

Entitlement

2 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date

Harshil Agrotech Rights Issue Dates

Harshil Agrotech Rights Issue record date is February 5, 2025. The last date to buy shares of Harshil Agrotech is February 4, 2025.

Last Date to buy shares

February 4, 2025

Record Date

February 5, 2025

Credit of Rights Entitlements

Yet to be Announced

Bid/Offer Opens On

February 18, 2025

Renunciation of Rights Entitlements

Yet to be Announced

Bid/Offer Closes On

March 17, 2025

Deemed Date of Allotment

Yet to be Announced

Credit Date

Yet to be Announced

Listing Date

Yet to be Announced

Harshil Agrotech Rights Issue Subscription

Harshil Agrotech Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 2 Rights Equity Share(s) for every 5 fully paid-up Equity Share(s) held on Record Date. The offer price is Rs 2.43 per share.

Harshil Agrotech Limited: About the Company

Harshil Agrotech Limited, established in 1972, operates with a mission to enhance farming efficiency by delivering agricultural technology and eco-friendly solutions to farmers and agricultural businesses globally. The company is involved in trading agriculture goods, commodity, and agri materials.

Harshil Agrotech is an Ahmedabad based company, provides services such as greenhouse technology, organic farming, modern agro farming, and contract farming. Their solutions focus on long-term environmental care, incorporating the latest advancements in agricultural tools and techniques.

Harshil Agrotech has a market capitalization of Rs 292 Cr, shows good profit growth, with a 39.8% CAGR over the last 5 years, and is almost debt-free. While the company reports repeated profits, it is not currently paying out dividends and has high debtors of 218 days.

Harshil Agrotech Limited Financials (in Rs Crore)

Period Ended

31 Mar 2024

31 Mar 2023

Assets

22.84

4.25

Revenue

13.02

3.88

Profit After Tax

0.8

0.54

Net Worth

11.42

0.62

Harshil Agrotech Rights Issue Registrar

Harshil Agrotech Limited's registrar is Purva Sharegistry India Private Limited. The book-running lead manager(s) of this rights issue has not yet been disclosed. 

FAQs

1. What are the details of the Harshil Agrotech Rights Issue?

Harshil Agrotech Rights Issue details are as follows: Harshil Agrotech plans to issue 20,32,00,000 equity shares amounting to Rs 49.38 crores. Harshil Agrotech Rights issue price is Rs 2.43 per share, and the face value is also Re 1 per share. The rights issue entitlement ratio is 2:5, which is 2 Rights Equity Share(s) for every 5 fully paid-up equity share(s).

2. Harshil Agrotech Rights Issue open date and close date?

Harshil Agrotech Rights Issue open date and close date will be available soon. Harshil Agrotech Rights Issue record date is February 5, 2025. The last date to buy shares of Harshil Agrotech is February 4, 2025.

3. How can I apply for the Harshil Agrotech Rights Issue?

You can apply for Harshil Agrotech rights issue in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Harshil Agrotech Rights Issue?

Harshil Agrotech's rights issue entitlement ratio is 2:5, which is 2 Rights Equity Share(s) for every 5 fully paid-up equity share(s).

5. How can I check the Harshil Agrotech Issue Allotment Status?

The registrar for this upcoming rights issue is Purva Sharegistry India Private Limited. Investors can check the allotment status by visiting the registrar's website. 

6. From where can I get the Harshil Agrotech Rights issue Letter of Offer?

You can download the Harshil Agrotech Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Harshil Agrotech Rights Issue?

The Harshil Agrotech Rights Issue listing date will be available soon. However, the listing will be at BSE.

8. Who are the registrar and lead managers of Harshil Agrotech Rights Issue?

Harshil Agrotech Limited registrar is Purva Sharegistry India Private Limited, whereas the book-running lead manager(s) of this rights issue is not yet disclosed Limited.

Also Read | What is a Rights Issue?


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