11-Mar-2024
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Arunjyoti Bio Ventures came up with the right issue. The issue size of shares is 16,567,200, amounting Rs 33.13 Crores. Investors can apply for rights issues i.e., March 26, 2024, till April 8, 2024. The issue price is decided at Rs 20 per share, and the face value is Rs 10 per share. However, the last date to buy shares for the eligibility of this right issue is March 11, 2024. The registrar who will be managing this right issue is Venture Capital And Corporate Investments Private Limited.
About Arunjyoti Bio Ventures Company Profile
Arunjyoti Bio Ventures Ltd is a company that helps a big company by making and delivering drinks. They have expertise in packing various drinks like non-fizzy ones, juices, and energy drinks. The company has a skilled team and modern facilities to efficiently produce a lot of drinks and ensure they're top quality and delivered on time. They focus on meeting the specific needs of their big partner. Arunjyoti Bio Ventures is all about making sure the drinks are packed well, taste good, and reach the stores when they're supposed to. Their team and high-tech facilities play a big role in making the operations to run smoothly.
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Financial Performance of Arunjyoti Bio Ventures (Amt in Rs Crore)
Arunjyoti Bio Ventures reported a revenue of Rs 6.02 Crore and Loss after tax of Rs -1.33 Crore as of Sept 30, 2023.
| Period Ended | 30-Sep-23 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
| Assets | 42.69 | 35.91 | 2.1 | 4.7 |
| Revenue | 6.02 | 1.74 | 3.25 | 5.51 |
| Profit After Tax | -1.33 | 0.12 | 0.06 | 0.07 |
| Net Worth | 0.79 | 2.12 | 2 | 1.95 |
| Reserves and Surplus | -1.28 | 0.04 | -0.07 | -0.13 |
| Total Borrowing | 41.53 | 32.27 |
Important Dates for Arunjyoti Bio Ventures Rights Issue
| Issue Open | March 26, 2024 - April 8, 2024 |
| Security Name | Arunjyoti Bio Ventures Ltd |
| Issue Size (Shares) | 16,567,200 |
| Issue Size (Amount) | Rs 33.13 Crores |
| Issue Price | Rs 20 per share |
| Face Value | Rs 10 per share |
| Listing At | BSE |
| Terms of Payment | Full amount of 20/- per Equity Share is payable on application. |
| Entitlement | 8 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Timetable of Arunjyoti Bio Ventures Rights Issue
| Last Date to buy shares | 11-Mar-24 |
| Record Date | 12-Mar-24 |
| Credit of Rights Entitlements | Yet to be announced |
| Bid/Offer Opens On | 26-Mar-24 |
| Renunciation of Rights Entitlements | 2-Apr-24 |
| Bid/Offer Closes On | 8-Apr-24 |
| Deemed Date of Allotment | 18-Apr-24 |
| Credit Date | 22-Apr-24 |
| Listing Date | 24-Mar-24 |
Objectives of Arunjyoti Bio Ventures Rights Issue
The company plans to use the money raised from the issue for a few specific reasons. First, they want to convert unsecured loans they got from the promoters. This means turning those loans into a different type that might be more beneficial for the company. Second, they aim to increase the money they have for everyday operations, both the current ones and any additional needs. Lastly, some of the funds will be used for general company needs, giving them flexibility for various purposes in their overall business.
How to Apply for Arunjyoti Bio Ventures Rights Issue?
The application for Right Issue is opened, eligible investors can apply for the Arunjyoti Bio Ventures Rights Issue by clicking here.
How to Check the Allotment Status of Arunjyoti Bio Ventures Rights Issue?
The registrar for Arunjyoti Bio Ventures Rights Issue is Venture Capital And Corporate Investments Pvt Ltd, investor can check the status of allotment by visiting here.
FAQs
- What is the Arunjyoti Bio Ventures Rights Issue open and close date?
This Rights Issue will open for subscription on March 26, 2024 and closes on April 8, 2024
- What is the record date for the Arunjyoti Bio Ventures Rights Issue?
The record date, which is the Date to determine the shareholders eligibility for the Rights Issue is March 12, 2024.
- What is the last date to buy Shares?
To get eligible for the rights issue of Arunjyoti Bio Ventures an investor can buy its shares till March 11, 2024.
- How can I apply for the Arunjyoti Bio Ventures Rights Issue?
You can apply for the Rights Issue once it opens for a subscription. Just click here to apply with Bigul.
- How can I check the allotment status of the Arunjyoti Bio Ventures Issue?
The registrar for Arunjyoti Bio Ventures is Venture Capital And Corporate Investments Pvt Ltd. You can click here to check your allotment status on registrar website.
- What is the objective of the Arunjyoti Bio Ventures Rights Issue?
They want to convert unsecured loans they got from the promoters, they aim to increase the money they have for everyday operations, both the current ones and any additional needs and some of the funds will be used for general company needs.
- Where will the Arunjyoti Bio Ventures Right Issue be listed?
The Rights Issue will be listed on the BSE.
- What is the entitlement ratio for the Arunjyoti Bio Ventures Limited Right Issue?
The entitlement ratio is set at 8 Rights Equity Share(s) for every 1 fully paid-up Equity shares held on the Record date.
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