Growington Ventures India Rights Issue 2025 Details, Record Date, Issue Price

Growington Ventures India Rights Issue details are now available. The firm plans to issue 49,75,00,000 equity shares amounting to Rs 49.75 crores. Growington Ventures India Rights issue price is Re 1 per share, and the face value is Re 1 per share.

Growington Ventures India Rights Issue open date is May 14, 2025, and the close date is May 24, 2025. Growington Ventures India' rights issue entitlement ratio is 3:1, which is 3 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the record date.

Growington Ventures India Rights Issue record date is April 29, 2025. The last date to buy shares of Growington Ventures India is April 28, 2025. Rights Issue subscription status will be available after the issue goes live.

Growington Ventures India Rights Issue Allotment date, Credit date and Listing date will be available soon. However, the listing will be on the BSE and NSE platforms.

Growington Ventures India Limited's registrar is Purva Sharegistry India Pvt Ltd, and the book-running lead manager(s) for this rights issue has not yet been disclosed.

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Growington Ventures India Rights Issue Details

Growington Ventures India Rights Issue details are as follows: the company plans to issue 49,75,00,000 equity shares, aggregating the amount of Rs 49.75 crores. Growington Ventures India Rights issue price is Re 1 per share. The rights issue entitlement ratio is 3:1, which is 3 Rights Equity Shares for every 1 fully paid-up equity share(s).

Growington Ventures India Rights Issue Dates

Growington Ventures India Rights issue record date is April 29, 2025, and the last date to buy shares of Growington Ventures India is April 28, 2025.

Growington Ventures India Rights Issue Subscription

Growington Ventures India Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 3 Rights Equity Share(s) for every 1 fully paid-up Equity Share(s) held on Record Date. Growington Ventures India issue price is Re 1 per share.

Growington Ventures India Limited: About the Company

Growington Ventures India Limited, established in 2010 and headquartered in Navi Mumbai, is engaged in the import, export, and trading of fresh fruits across India and international markets. 

The company offers a diverse product range that includes apples, oranges, kiwis, grapes, pears, dragon fruit, cherries, and more, catering to both hospitality and e-commerce sectors under its brand "GROWFAMIO". 

With a focus on quality, Growington Ventures sources fruits directly from farms in countries such as Turkey, Vietnam, South Africa, Greece, and Chile, ensuring international-standard packaging and efficient logistics for timely delivery. 

In 2023, the company expanded its global footprint by incorporating a wholly owned subsidiary, Elementures Foodstuff Trading L.L.C, in Dubai. Originally known as VMV Holidays Limited, the company rebranded to Growington Ventures India Limited in 2021, reflecting its strategic shift towards the fresh produce supply chain.

Growington Ventures India Rights Issue: Objectives

Growington Ventures India rights issue objective is to utilise the net proceeds from the issue to meet the working capital requirements of the company, and towards general corporate purposes.

Growington Ventures India Limited Financials (Amount in Rs crore)

Growington Ventures India Rights Issue Registrar

Growington Ventures India Limited's registrar is Purva Sharegistry India Pvt Ltd, and the book-running lead manager(s) for this rights issue has not yet been disclosed. 

FAQs

1. What are the details of the Growington Ventures India Rights Issue?

Growington Ventures India Rights Issue details are as follows: Growington Ventures India plans to issue 49,75,00,000 equity shares amounting to Rs 49.75 crores. Growington Ventures India Rights issue price is Re 1 per share, and the face value is Re 1 per share. The rights issue entitlement ratio is 3:1, which is 3 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

2. Growington Ventures India Rights Issue open date and close date?

Growington Ventures India Rights Issue's open date is May 14, 2025, and the closing date is May 24, 2025. Growington Ventures India Rights Issue record date is April 29, 2025. The last date to buy shares of Growington Ventures India is April 28, 2025.

3. How can I apply for the Growington Ventures India Rights Issue?

You can apply for Growington Ventures India 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 Growington Ventures India Rights Issue?

Growington Ventures India rights issue entitlement ratio is 3:1, which is 3 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

5. How can I check the Growington Ventures India Issue Allotment Status?

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

6. From where can I get the Letter of Offer Growington Ventures India Rights issue?

You can download the Growington Ventures India Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Growington Ventures India Rights Issue?

The Growington Ventures India Rights Issue listing date will be available soon. However, the listing will be on the BSE.

8. Who are the registrar and lead managers of the Growington Ventures India Rights Issue?

Growington Ventures India Limited's registrar is Purva Sharegistry India Pvt Ltd, and the book-running lead manager(s) for this rights issue has not yet been disclosed.

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