Dhyaani Tradeventtures Rights Issue is scheduled on 5 – 14 September 2024
Founded in 2014, Dhyaani Tradeventtures is in the business of trading of commodities, vitrified tiles, ceramic items, security investment, and trading. The company has its warehouse and physical store in Ahmedabad where its tile products are traded. The company sells tiles and marbles for any requirement in a home viz. floor and wall tiles, bathroom tiles, mosaics and borders, kitchen and outdoor, stairwells and balconies.
Dhyaani Tradeventtures’s products are divided into 2 categories viz. Double Charge Vitrified Tiles, and Glazed Vitrified Tiles are further sub-categorized as Ceramic tiles, Porcelain tiles, Glass tiles, Marble tiles, Granite tiles, Stone tiles, Rustic tiles, Polished tiles, Polished glazed tiles, Textured tiles, etc. The company intends to build a standard business whose products will be supplied all over India’s top cities. As of July 2024, the company has 6 employees.
Promoters of Dhyaani Tradeventtures – Mr. Chintan Nayan Bhai Rajyaguru
Dhyaani Tradeventtures Rights Issue Details
| Dhyaani Tradeventtures Issue Date | 5 – 14 September 2024 |
| Dhyaani Tradeventtures Issue Price | INR 23 per share |
| Issue Size (in Shares) | 1,27,68,000 shares |
| Issue Size (in INR) | INR 29.37 crore |
| Issue Entitlement | 3 equity shares for every 1 equity shares held on record date |
| Terms of Payment | Coming soon |
| Dhyaani Tradeventtures Issue Record Date | 23 August 2024 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Dhyaani Tradeventtures Issue Calculation
| Dhyaani Tradeventtures Issue Price | INR 23 per share |
| Market Price on Rights Issue Approval | INR 22.98 per share |
| Dilution Factor (X) | 4 |
| Fair Value After Dilution at Prevailing Price | INR 23 per share |
Dhyaani Tradeventtures Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 20.26 | 9.23 | 29.67 |
| Expenses | 20.77 | 9.49 | 28.79 |
| Operating Margin (%) | 5.12 | (0.54) | 4.08 |
| Net Income | 0.77 | (0.08) | 0.69 |
| ROCE (%) | 92.38 | (2.25) | 21.90 |
Dhyaani Tradeventtures Rights Offer Objectives
The net proceeds from the offer are proposed to be used for the following objectives
Dhyaani Tradeventtures Rights Offer Documents
Dhyaani Tradeventtures Rights Issue Dates
| Rights Issue Approval Date | 21 August 2024 |
| Rights Issue Record Date | 23 August 2024 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 5 September 2024 |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | 14 September 2024 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Dhyaani Tradeventtures Rights Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â 91 40 6716 2222
E-mail: [email protected]
Website:Â www.kfintech.com
DHYAANI TRADEVENTTURES LIMITED
420, Times Square Arcade,
Nr. Baghban Party Plot, Thaltej,
Ahmedabad-380058, Gujarat
Phone:Â 079-41005865
Email: [email protected]
Website:Â www.dhyaaniinc.com
Dhyaani Tradeventtures Rights Offer FAQs
What is the Dhyaani Tradeventtures Rights offer Price?
The issue price is INR 23 per share.
What is the Dhyaani Tradeventtures Rights Issue entitlement ratio?
The eligible shareholders are offered 3 Equity Shares for every 1 Equity Shares held on the record date.
What is the Dhyaani Tradeventtures Issue Record Date?
The Record date is 23 August 2024.
How to Apply in Dhyaani Tradeventtures Rights Offer?
The best way to apply in the Dhyaani Tradeventtures Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
