27-Mar-2024
2 mins read
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Markobenz Ventures Limited came up with the right issue. The issue size of shares is 15,000,000, and the issue amount is Rs 15 Crores. Investors can apply for rights issues from April 15, 2024, till April 22, 2024. The issue price is decided at Rs 10 per share, and the face value is also Rs 10 per share. However, an investor who does not own shares of Markobenz Ventures Limited can buy its shares till April 26, 2024 for the eligibility of this rights issue. The registrar who will be managing this right issue is Purva Sharegistry India Pvt Ltd.
About Markobenz Ventures Limited
Markobenz Ventures Pvt Ltd is formerly known as Evergreen Textiles Limited is under the guidance of Chairman, Mr. Manjunath Damodar Shanbhag focus is on manufacturing products of excellent and consistent quality, adding value by offering a variety of weaves, designs, and finishes; innovating continuously to create new products. The company's overall operations are maintained by Directors of the Company, who are looking after the day-to-day affairs of the Company. The present management team appears to be well conversed with related aspects of the industry in view of their experience of over 3 decades in more or less similar type of industries Evergreen textiles limited is a company which was engaged in manufacturing, bleaching, dyeing, printing, knitting, in High Pile Fur Fabrics, cloth and other fabrics made from acrylic, polyester, cotton silk, artificial silk, wool and other suitable materials. It was incorporated as a Public Limited Company in the state of Maharashtra on 4th October, 1985.
Primary Objectives of Markobenz Ventures Pvt Ltd right issue
The company reported the various objectives of the utilization of the right issue is in adjustment of business advances and inter-corporate deposits against the entitlement of members, requirements of working capital, issue expenses and other general corporate purposes.
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Financial Performance of Markobenz Ventures Limited (Amt in Rs Crore)
Markobenz Ventures Limited reported a net loss for the last 3 consecutive years i.e., (0.14) Cr for the year ended March 31, 2021 furthermore for FY21-22 (0.11) Cr loss and (0.17) Cr for the year ended March 31, 2023.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
| Assets | 0.02 | 0.02 | 0.02 |
| Profit After Tax | -0.17 | -0.11 | -0.14 |
Important Dates for Markobenz Ventures Rights Issue
| Issue Open | April 15, 2024 - April 22, 2024 |
| Security Name | Markobenz Ventures Ltd |
| Issue Size (Shares) | 15,000,000 |
| Issue Size (Amount) | Rs 15.00 Crores |
| Issue Price | Rs 10 per share |
| Face Value | Rs 10 per share |
| Listing At | BSE |
| Terms of Payment | Yet to be announced |
| Entitlement | 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Timetable of Markobenz Ventures Rights Issue
| Last Date to buy shares | 26-Mar-24 |
| Record Date | 27-Mar-24 |
| Credit of Rights Entitlements | Yet to be announced |
| Bid/Offer Opens On | 15-Apr-24 |
| Renunciation of Rights Entitlements | 18-Apr-24 |
| Bid/Offer Closes On | 22-Apr-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 Markobenz Ventures Rights Issue?
Wait for the right issue to open for subscription, then click here to apply for the Markobenz Ventures Rights Issue with Bigul.
How do you check the allotment status of the Markobenz Ventures Rights Issue?
The registrar for this right issue is Purva Sharegistry India private Limited. Investors can check out the allotment status by clicking here.
FAQs
- What is the Markobenz Ventures Rights Issue opening and closing date?
This Rights Issue will open for subscription on April 15, 2024 and closes on April 22, 2024.
- What is the record date for the Markobenz Ventures Rights Issue?
The record date, which is the Date to determine the shareholders eligibility for the Rights Issue is March 27, 2024.
- What is the last date to buy Shares?
To get eligible for the rights issue of Markobenz Ventures limited, an investor can buy its shares till March 26, 2024.
- What are the recent financials of Markobenz Ventures Limited reported?
Markobenz Ventures Limited reported a net loss for the last 3 consecutive years i.e., (0.14) Cr for the year ended March 31, 2021 furthermore for FY21-22 (0.11) Cr loss and (0.17) Cr for the year ended March 31, 2023.
- How can I apply for the Markobenz Ventures Rights Issue?
You can apply for the Rights Issue once it is opens for a subscription. Just click here to apply with Bigul.
- How can I check the allotment status of the Markobenz Ventures Issue?
The registrar for this right issue is Purva Sharegistry India private Limited. Investors can check out the allotment status by clicking here.
- Where will the Markobenz Ventures Right Issue be listed?
The Rights Issue will be listed on the BSE.
- What is the entitlement ratio for the Markobenz Ventures Limited Right Issue?
The entitlement ratio is set at 3 Rights Equity Share(s) for every 1 fully paid-up Equity shares held on the Record date.
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