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AKG EXIM Rights Issue Details 2022, Record Date, Entitlement

Right Issue Status: Closed [29th Dec 2022 to 25th Jan 2023]

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AKG EXIM Right Issue Detail

AKG EXIM Limited offers Right Issue size of Rs 25.42 Cr. This Right Issue is opening from 29 Dec 2022 to 25 Jan 2023. The company issues 02 rights equity shares for every 01 equity shares held on the record date of, 16 Dec 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs 12 per share. The Company is listing Rights Issue on NSE.

Stay updated with us to know more about the AKG EXIM Limited Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.

AKG EXIM Right Issue Objective

This Company proposes to utilize the net proceeds from the Issue towards funding the following objects :-

  • To part finance Incremental Working Capital
  • To meet General corporate purposes
  • To meet the expenses of the Issue.

AKG EXIM Right Issue Details

AKG EXIM Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 21,184,384 Eq Shares
Right Issue Issue Size (Amount) ₹25.42 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹12 per share
Right Issue Record Date 16th Dec 2022
Right Issue Entitlement 2 Equity Shares for every 1 Equity shares held on the Record Date
Right Issue Terms of payment The full payment of Rs. 12/- per Rights Equity Share payable on application.
Listing At NSE
BSE Code
NSE Code AKG

AKG EXIM Right Issue Dates

In this section we have covered all important dates related to AKG EXIM Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

AKG EXIM Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 29th Dec 2022
Right Issue Issue Close Date 25th Jan 2023
Basis of Allotment Finalisation Date* 31st Jan 2023
Refunds Initiation* 1st Feb 2023
Credit of Shares to Demat Account* 3rd Feb 2023
Right Issue Listing Date* 6th Feb 2023

* - Tentative Dates

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  • About Company - AKG EXIM

    This Company was originally incorporated at New Delhi as "Akg Exim Private Limited" on 26th July, 2005. Akg Exim Limited is a diversified merchant trading company in vast range of products & commodities with quality management system. This Company is a merchandiser, distributor of variety of products including Non-Basmati Rice, Metal Scrap, Aluminum scrap, Iron Scrap, Spices and Dry Fruits, etc. Company connects the seller and the markets, while ensuring lasting prosperity and sustainable supply at both ends.

    AKG Exim Ltd is networked across the global continents and countries to span its growth of trading business in diversified product portfolio classified primarily in following categories:-

    Import / Export of Ferrous and Non-Ferrous Metal Scrap :-

    • Heavy Melting Steel Scrap As per ISRI, (HMS 1 & 2)
    • Light Melting Scrap (Bundles, Lose)
    • Cast Iron, Auto Purja
    • Aluminium Scrap
    • other type of scrap, etc
    • .

    Local Trading of Agro Food commodities :-

    • Base Oil (for refineries to further fraction in Industrial, Automobiles use)
    • Other petroleum-based chemicals
    • Rice, spices & Dry Fruits
    • Toluene (Chemical)

    AKG Company has vast network, affiliations with reputed mills and good understanding of Indian market with their strong presence and relations.

    This Company has strong understanding and experience in Industrial supplies & equip to check all needed technical parameters in house with tech-equipped instruments and experienced quality analytical professionals.

    AKG EXIM Right Issue Strengths

    • Wide range of Products and hygienic
    • Experienced Promoters and a well-trained employee base
    • Strong financial position
    • Improving functional efficiency
    • Established brand and image

    AKG EXIM Financials for past 3 Years

    Past performance and financial results of AKG EXIM.

    AKG EXIM Limited Financial
    Period EndedTotal AssetsTotal RevenueProfit After TaxTotal Borrowing
    31-Mar-2135.6104.581.369.21
    31-Mar-2244.99186.81.9412
    Amount in ₹ Crore

    Company Address

    AKG EXIM Limited
    7th Floor, H.B. Twin Tower, Netaji Subhash Place, Pitampura
    Delhi,Delhi-110034
    India
    Website: http://www.akg-global.com/
    Phone: +0124-4267873
    Email: [email protected]

    Registrar

    MAS Services Limited
    T - 34, 2nd Floor
    Okhla Industrial Area, Phase - II
    New Delhi - 110 020
    Website: http://www.masserv.com
    Phone: (011) 2610 4142
    Email: [email protected]

    Lead Manager

    1. Navigant Corporate Advisors Ltd

    AKG EXIM Right Issue Offer Document (Letter of Offer) >>Document

    AKG EXIM Right Issue Online Application (Registrar & Transfer Agent) >>AKG EXIM Right Issue RTA information is not yet available.

    AKG EXIM Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for AKG EXIM? Should I apply in AKG EXIM Right Issue?

    Last Updated on 2022-12-29T17:54:26+00:00


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