Orient Tradelink Rights Issue is scheduled for 13 – 24 May 2024
Incorporated in 1994, Orient Tradelink is involved in the production and marketing of movies, animated films, television serials, and song albums. The company also manages TV and radio shows and operates an FMCG business under the brand name ‘Krishna Sai.’ Additionally, Orient Tradelink has offline and online sales and marketing rights for an inventory of audio-visual content in the mantras and mythology genres.
Orient Tradelink Limited’s established OTT channels prioritize working with worldwide influencers and using affiliate marketing strategies to increase the visibility of all content produced by Aushim Khetarpal and other celebrities.
As of February 2024, the company employs 10 full-time staff members.
Orient Tradelink Rights Issue Details
| Orient Tradelink Rights Issue Date | 13 – 24 May 2024 |
| Orient Tradelink Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 12,265,000 shares |
| Issue Size (in INR) | INR 12.27 crore |
| Issue Entitlement | 1 equity shares for every 1 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Orient Tradelink Rights Issue Record Date | 3 May 2024 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Orient Tradelink Rights Issue Profit Calculation
| Orient Tradelink Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 8.51 per share |
| Rights Issue Premium on Market Price | (14.9%) |
| Minimum Investment | INR 18.51 |
| Profit | (INR 1.49) |
| Profit (%) | (8.0%) |
Orient Tradelink Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 9.86 | 11.34 | 11.29 |
| Expenses | 8.67 | 10.46 | 9.81 |
| Operating Margin (%) | 12.07 | 7.76 | 13.11 |
| Net Income | 0.72 | 0.59 | 0.87 |
| ROCE (%) | 9.25 | 8.81 | 8.65 |
All Standalone data
Orient Tradelink Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- General corporate purposes
Orient Tradelink Rights Offer Documents
Orient Tradelink Rights Issue Dates
| Rights Issue Approval Date | 25 April 2024 |
| Rights Issue Record Date | 3 May 2024 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 13 May 2024 |
| Last Date for Market Renunciation | 21 May 2024 |
| Rights Issue Closing Date | 24 May 2024 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Orient Tradelink Rights Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â 02228511022
Email: [email protected]
Website:Â www.skylinerta.com
ORIENT TRADELINK LTD.
801-A, 8th Floor, Mahalaya Complex, Hotel
President, B/H. Fairdeal House, Swastik Cross Road
Off: C.G.Road, Navrangpura Ahmedabad:-380 009
Phone:Â +91- 8302467666
Email: [email protected]
Website: www.orienttradelink.in
Orient Tradelink Rights Offer FAQs
What is the Orient Tradelink Rights Issue Price?
The issue price is INR 10 per share.
What is the Orient Tradelink Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 1 Equity Shares held on the record date.
What is the Orient Tradelink Rights Issue Record Date?
The Record date is 3 May 2024.
How to Apply in Orient Tradelink Rights Offer?
The best way to apply in Orient Tradelink 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.
