Ganesha Ecoverse Rights Issue is scheduled for 2024
Ganesha Ecoverse’s innovation and sustainability are revolutionizing the textile industry. The company offers an unparalleled offering of cutting-edge technology and the highest quality sustainable materials to produce textile yarns and garments to meet the growing demands of an ever-evolving market.
Weaving/Knitting Yarns – The company’s weaving and knitting yarns are versatile and reliable, suitable for a wide range of textile applications. Whether it is creating beautiful woven fabrics or knitting comfortable garments.
Specialty Yarns – These carefully blended yarns are perfect for creating unique and eye-catching textiles and garments. Whether it is looking for texture, color, or special properties, the company’s specialty yarns offer endless possibilities to bring your designs to life.
Sewing Thread – Producing strong, reliable stitches, their sewing threads ensure a flawless finish. Made from high-quality recycled materials, these threads meet the company’s commitment to sustainability while ensuring the durability and longevity of their products.
Promoters of Ganesha Ecoverse – Does Not Have an Identifiable Promoter
Ganesha Ecoverse Rights Issue Details
| Ganesha Ecoverse Rights Issue Date | Coming soon |
| Ganesha Ecoverse Rights Issue Price | INR 35 per share |
| Issue Size (in Shares) | 1,34,15,280 shares |
| Issue Size (in INR) | INR 46.95 crore |
| Issue Entitlement | 6 equity shares for every 5 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Ganesha Ecoverse Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE |
Ganesha Ecoverse Rights Issue Calculation
| Rights Issue Price | INR 35 per share |
| Market Price on Rights Issue Approval | INR 67.42 per share |
| Dilution Factor (X) | 2.2 |
| Fair Value After Dilution at Prevailing Price | INR 49.74 per share |
Ganesha Ecoverse Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 23.10 | 0.10 | 5.93 |
| Expenses | 23.49 | 3.46 | 7.07 |
| Operating Margin (%) | (1.69) | (2,440) | (1.52) |
| Net income | (0.38) | (3.24) | 4.23 |
| ROCE (%) | (1.51) | (10.19) | – |
Ganesha Ecoverse Rights Offer Objectives
The company intends to utilize the Net Proceeds from the Issue to augment the capital base of the company.
Ganesha Ecoverse Rights Offer Documents
Ganesha Ecoverse Rights Issue Dates
| Rights Issue Approval Date | 30 May 2024 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Ganesha Ecoverse Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Ganesha Ecoverse Rights Offer Lead Manager
Coming soon
Ganesha Ecoverse Rights Offer Registrar
Coming soon
GANESHA ECOVERSE LIMITED
P3-211, Second Floor, Central Square, 20,
Manohar Lal Khorana Marg, Bara Hindu Rao, Delhi-110006
Phone:Â +91 9415108158
Email: [email protected]
Website: www ganeshaecoverse.com
Ganesha Ecoverse Rights Offer FAQs
What is the Ganesha Ecoverse Rights Issue Price?
The issue price is INR 35 per share.
What is the Ganesha Ecoverse Rights Issue entitlement ratio?
The eligible shareholders are offered 6 Equity Shares for every 5 Equity Shares held on the record date.
What is the Ganesha Ecoverse Rights Issue Record Date?
The Record date is Coming soon.
How to Apply in Ganesha Ecoverse Rights Offer?
The best way to apply in Ganesha Ecoverse 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.
