Gujarat Natural Resources Rights Issue Details, Record Date, Issue Price, Subscription

  • 09-Dec-2024
  • 2 mins read
Gujarat Natural Resources Rights Issue

Gujarat Natural Resources Rights Issue Details, Record Date

Gujarat Natural Resources Rights Issue details released, Gujarat Natural Resources plans to issue 48,150,987 equity shares amounting to Rs 48.15 crores. Gujarat Natural Resources Rights issue price is Rs 10 per share, and the face value is Rs 10 per share.

Gujarat Natural Resources Rights Issue open date is December 12, 2024 and closes on December 20, 2024. Gujarat Natural Resources rights issue entitlement ratio is 3:5, which is 3 Rights equity Shares for every 5 fully paid-up equity shares.

The Gujarat Natural Resources Rights Issue record date is December 3, 2024. The last date to buy shares of Gujarat Natural Resources is December 2, 2024. Rights Issue subscription status will be available after the issue goes live.

Gujarat Natural Resources Rights Issue Allotment date, Credit date and Listing date is not yet announced. However, the register for the Gujarat Natural Resources Rights Issue is not yet disclosed.

Gujrat Natural Resources Rights Issue book-running lead manager is not yet disclosed. The listing will be at BSE, and the terms of payment are the amount will be payable at per Rights Equity Share.

Also Read | UPL Rights Issue Details, Record Date, Issue Price, Subscription

Gujarat Natural Resources Rights Issue Details

Gujarat Natural Resources Rights Issue details, as they plan to issue 48,150,987 equity shares amounting to Rs 48.15 crores. Gujarat Natural Resources Rights issue price is Rs 10 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 3:5, which is 3 Rights Equity Shares for every 5 fully paid-up equity shares.

Issue Open

December 12, 2024 - December 20, 2024

Security Name

Gujarat Natural Resources Limited

Issue Size (Shares)

48,150,987

Issue Size (Amount)

Rs 48.15 Crores

Issue Price

Rs 10 per share

Face Value

Rs 10 per share

Listing At

BSE

Terms of Payment

Amount will be payable at per Rights Equity Share.

Entitlement

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

Gujarat Natural Resources Rights Issue Dates

Gujarat Natural Resources Rights Issue open date is December 12, 2024 and closes on December 20, 2024. The Gujarat Natural Resources Rights Issue record date is December 3, 2024. The last date to buy shares of Gujarat Natural Resources is December 2, 2024.

Last Date to buy shares

December 2, 2024

Record Date

December 3, 2024

Credit of Rights Entitlements

Yet to be announced

Bid/Offer Opens On

December 12, 2024

Renunciation of Rights Entitlements

November 17, 2024

Bid/Offer Closes On

December 20, 2024

Deemed Date of Allotment

Yet to be announced

Credit Date

Yet to be announced

Listing Date

Yet to be announced

Gujarat Natural Resources Rights Issue Subscription

Gujarat Natural Resources 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 5 fully paid-up Equity Shares held on Record Date, the offer price is Rs 10 per share, and terms of payment are the amount will be payable at per Rights Equity Share.

Gujarat Natural Resources Limited: About the Company

Gujarat Natural Resources Limited (GNRL), established in 1991, is a prominent player in India's upstream oil and gas sector. Based in Ahmedabad, the company focuses on the exploration and production of oil and natural gas, holding interests in six producing blocks primarily located in the Cambay basin.

GNRL operates through its subsidiary, GNRL Oil & Gas Limited, which manages five of these blocks. The company also engages in trading activities and provides well engineering and drilling project management services.

Formerly known as Lesha Energy Resources Limited, it rebranded to Gujarat Natural Resources Limited in March 2010. GNRL is publicly traded on the Bombay Stock Exchange, highlighting its commitment to transparency and growth within the energy sector.

Gujarat Natural Resources Limited Financials (in crore)

Gujarat Natural Resources Limited reported a revenue of Rs 27.70 crore and a profit after tax of Rs -3.88 crore. The company's revenue increased by 93.29% and Profit After Tax rose by 37.41% between the FY ending with March 31, 2024 and March 31, 2023.

Period Ended

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

159.50

162.85

155.82

Revenue

27.70

14.33

9.46

Profit After Tax

-3.88

-6.20

-4.09

Reserves and Surplus

39.72

44.86

4,527,840.00

Gujarat Natural Resources Rights Issue Registrar

Gujarat Natural Resources Limited registrar is not yet disclosed. The book-running lead manager(s) of this rights issue is also not yet disclosed.


FAQs

1.      What are the details of the Gujarat Natural Resources Rights Issue?

Gujarat Natural Resources Rights Issue details: Gujarat Natural Resources plans to issue 48,150,987 equity shares amounting to Rs 48.15 crores. Gujarat Natural Resources Rights issue price is Rs 10 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 3:5, which is 3 Rights Equity Shares for every 5 fully paid-up equity shares.

2.      Gujarat Natural Resources Rights Issue open date and close date?

Gujarat Natural Resources Rights Issue open date is December 12, 2024 and closes on December 20, 2024. The Gujarat Natural Resources Rights Issue record date is December 3, 2024. The last date to buy shares of Gujarat Natural Resources is December 2, 2024.

3.      How can I apply for the Gujarat Natural Resources Rights Issue?

You can apply for Gujarat Natural Resources 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 Gujarat Natural Resources Rights Issue?

Gujarat Natural Resources' rights issue entitlement ratio is 3:5, which is 3 Rights Equity Shares for every 5 fully paid-up equity shares.

5.      How can I check the Gujarat Natural Resources Issue Allotment Status?

The registrar for this upcoming rights issue is not yet disclosed. Investors can check out the allotment by visiting the registrar's website.

6.      From where can I get the Letter of Offer Gujarat Natural Resources Rights issue?

You can download the Gujarat Natural Resources Rights issue Letter of Offer by visiting here.

7.      What is the listing date of the Gujarat Natural Resources Rights Issue?

The Gujarat Natural Resources Rights Issue listing date has not yet been announced, however the listing will be at BSE.

8.      Who is the registrar and lead managers of Gujarat Natural Resources Rights Issue?

       Gujarat Natural Resources Limited registrar is not yet disclosed. The book-running lead manager(s) of this rights issue is also not yet disclosed.

Also Read | What is a Rights Issue?


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