29-Mar-2024
2 mins read
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Ajooni Biotech Limited came up with the right issue. The issue size of shares is 80,000,000 amounting to Rs 40 Crores. Investors can apply for rights issues from May 15, 2024, till May 24, 2024. The issue price is decided at Rs 5 per share, and the face value is also Rs 2 per share. However, an investor who does not own shares of Ajooni Biotech Limited can buy its shares till April 30, 2024, to be eligible for this rights issue. The registrar who will be managing this right issue is yet to be disclosed.
About Ajooni Biotech Limited
The company is engaged in manufacturing, producing, processing and supplying of Cattle feed, Nutrients related to cattle feed and manufacturing & production of Animal health care suppliments. They are registered with Department of Industries, Govt. of Punjab as Small Scale Industry (SSI) and also registered with Department of Dairy Development, Govt of Punjab.
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Financial Performance of Ajooni Biotech Limited (Amt in Rs Crore)
Ajooni Biotech Limited reported Rs 74.78 Cr of net revenue for the FY 22-23 which is increased by 0.95% as compared to FY 21-22 which was reported Rs 74.08 Cr whereas Profit after tax is reported Rs 1.12 Cr for the FY 22-23 i.e., in loss but it is rose by 7.23% as compared to previous year.
| Period Ended | 31-Mar-23 | 31-Mar-22 |
| Assets | 58.73 | 29.02 |
| Revenue | 74.78 | 74.08 |
| Profit After Tax | 1.12 | 1.05 |
Important Dates for Ajooni Biotech Rights Issue
| Issue Open | May 15, 2024 – May 24, 2024 |
| Security Name | Ajooni Biotech Limited |
| Issue Size (Shares) | 80,000,000 |
| Issue Size (Amount) | Rs 40.00 Crores |
| Issue Price | Rs 5 per share |
| Face Value | Rs 2 per share |
| Listing At | NSE |
| Terms of Payment | Full amount of Rs.5.00 per Equity Share is payable on application. |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Timetable of Ajooni Biotech Rights Issue
| Last Date to buy shares | 30-Apr-24 |
| Record Date | 2-May-24 |
| Credit of Rights Entitlements | Yet to be announced |
| Bid/Offer Opens On | 15-May-24 |
| Renunciation of Rights Entitlements | Yet to be announced |
| Bid/Offer Closes On | 24-May-24 |
| Deemed Date of Allotment | Yet to be announced |
| Credit Date | Yet to be announced |
| Listing Date | Yet to be announced |
How do I apply for the Ajooni Biotech Rights Issue?
Once the Ajooni Biotech Rights Issue application is open for subscription, you can click here to apply with Bigul.
How do you check the allotment status of the Ajooni Biotech Rights Issue?
The registrar for the Ajooni Biotech right issue is not yet disclosed.
FAQs
- What is the Ajooni Biotech Rights Issue opening and closing date?
This Rights Issue will open for subscription on May 15, 2024 and closes on May 24, 2024.
- What is the record date for the Ajooni Biotech Rights Issue?
The record date, which is the Date to determine the shareholder's eligibility for the Rights Issue, is May 2, 2024.
- What is the last Date to buy Shares?
To get eligible for the rights issue of Ajooni Biotech limited, an investor can buy its shares till April 30, 2024.
- What are the recent financial reports of Ajooni Biotech Limited?
Ajooni Biotech Limited reported Rs 74.78 Cr of net revenue for the FY 22-23 which is increased by 0.95% as compared to FY 21-22 which was reported Rs 74.08 Cr whereas Profit after tax is reported Rs 1.12 Cr for the FY 22-23 i.e., in loss but it is rose by 7.23% as compared to previous year.
- How can I apply for the Ajooni Biotech Rights Issue?
You can apply for the Ajooni Biotech Rights Issue right issue by visiting here.
- How can I check the allotment status of the Ajooni Biotech Issue?
The registrar for the Ajooni Biotech right issue is not yet disclosed.
- Where will the Ajooni Biotech Right Issue be listed?
The Rights Issue will be listing at National Stock Exchange(NSE).
- What is the entitlement ratio for the Ajooni Biotech Limited Right Issue?
The entitlement ratio is set at 1 Rights Equity Share(s) for every 1 fully paid-up Equity shares held on the Record date.
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