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Right Issue Status: Closed [18th Nov 2021 to 2nd Dec 2021]
Asian Tea & Export Ltd right issue of 1 Cr shares worth issue size of Rs. 15 Cr opens for subscription from 18 Nov to 2 Dec 2021. The company issues 1 right equity share for every 1 fully paid-up equity shares held as on the record date, 9 Nov 2021. The right issue share price is fixed at Rs. 15 per share. Check out more about the Asian Tea Right Issue including business overview, financial performance, issue timeline, issue entitlement, objectives, and more.
The company aims to utilize the net proceed from the right issue towards the following objectives;
Asian Tea Issue Details | Values |
---|---|
Category | RightIssue |
Right Issue Issue Size (Shares) | 1 Cr |
Right Issue Issue Size (Amount) | ₹15 Cr |
Face Value | ₹10 Per Equity Share |
Right Issue - Issue Price | ₹15 per share |
Right Issue Record Date | 9th Nov 2021 |
Right Issue Entitlement | 1 Rights Equity share for every 1 fully paid-up shares held on the Record date |
Right Issue Terms of payment | The full amount of ₹ 15 per Rights Equity Share is payable on Application. |
Listing At | BSE, NSE |
BSE Code | 519532 |
NSE Code |
In this section we have covered all important dates related to Asian Tea 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.
Right Issue Activity | Date |
---|---|
Right Issue Issue Open Date | 18th Nov 2021 |
Right Issue Issue Close Date | 2nd Dec 2021 |
Basis of Allotment Finalisation Date* | 10th Dec 2021 |
Refunds Initiation* | 13th Dec 2021 |
Credit of Shares to Demat Account* | 14th Dec 2021 |
Right Issue Listing Date* | 17th Dec 2021 |
* - Tentative Dates
Zerodha Trade@20
Asian Tea & Export Ltd is primarily engaged in tea plantation, manufacturing, trading, and export activities. It offers an end-to-end solution from sourcing tea, tasting, customizing blends, flavored tea, and labeling and packaging as well. The company is having a globalized market presence with the export of foodstuff i.e. Pulses, Soyabean, cashew nuts, etc. to several countries i.e. Ukraine, Russia, Lithuania, Argentina, Tanzania, Canada, Benin, Burma, Mozambique, etc.
Government of India (GoI) has recognized the company as the Star Export house.
Past performance and financial results of Asian Tea.
Asian Tea & Exports Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 |
---|---|---|
Total Assets | ₹82.18 | ₹85.48 |
Total Income | ₹123.88 | ₹238.20 |
Net Profit/Loss | ₹3.67 | ₹2.77 |
The table below is live update of Right Issue bidding details from NSE and BSE.
Asian Tea Right Issue Offer Document (Letter of Offer) >>Document
Asian Tea Right Issue Offer Document (Letter of Offer) >>Asian Tea Right Issue Red Herring Prospectus is not yet available.
Asian Tea Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Asian Tea Right Issue Online Application (Registrar & Transfer Agent) >>Asian Tea Right Issue RTA information is not yet available.
Last Updated on 2022-04-06T10:32:36+00:00