Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Right Issue Status: Closed [11th Mar 2024 to 21st Mar 2024]
Mercury Trade Links Limited is offering a rights issue of Rs 9.90 Cr. Subscription for this rights issue is open from 11 Mar 2024 to 21 Mar 2024. The company is issuing an entitlement of 10 rights equity shares for every fully paid-up 1 equity shares held on the record date of 1 Mar 2024. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs. 40 per share.
Stay connected with us to more about Mercury Trade Links Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.
| Mercury Trade Links Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 0.25 Cr Shares |
| Right Issue Issue Size (Amount) | ₹9.90 Cr |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹40 per share |
| Right Issue Record Date | 1st Mar 2024 |
| Right Issue Entitlement | 10 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | The Issue Price of Rs. 40/- per Equity Share shall be payable at the time of application |
| Listing At | BSE |
| BSE Code | 512415 |
| NSE Code |
In this section we have covered all important dates related to Mercury Trade Links 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 | 11th Mar 2024 |
| Right Issue Issue Close Date | 21st Mar 2024 |
| Basis of Allotment Finalisation Date* | 28th Mar 2024 |
| Refunds Initiation* | 15th Mar 2024 |
| Credit of Shares to Demat Account* | 2nd Apr 2024 |
| Right Issue Listing Date* | 5th Apr 2024 |
* - Tentative Dates
Zerodha Trade@20
Mercury Trade Links Limited was founded in August 1985. Our company deals in agricultural products such as fertilizers, manures, plant and animal foods, pesticides including insecticides, herbicides and fungicides and all kinds of rice, maize, millets, seeds, cotton seeds, soybeans, ground nuts, castor seeds, linseeds, sunflower, coconuts, rapeseeds, almonds, sesame seeds, mustard, sea seeds, grape seeds etc.
Our company buys the agricultural products from the producers against advance payment or on agreed terms and then sells them to our network of distributors. Thank you to our presence in the market, we have established close relationships with both farmers and wholesalers and retailers. Our promoter has actively advised us on business strategy and planning. He has extensive experience in the retail sector.
Past performance and financial results of Mercury Trade Links .
Mercury Trade Links Ltd.'s revenue increased by 1751.16% and profit after tax (PAT) rose by 106.44% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 0.70 | 0.41 | 0.52 |
| Revenue | 0.48 | 0.03 | 0.65 |
| Profit After Tax | 0.01 | -0.10 | 0.07 |
| Reserves and Surplus | 0.16 | 0.16 | 0.26 |
| Amount in ₹ Crore | |||
The table below is live update of Right Issue bidding details from NSE and BSE.
Mercury Trade Links Right Issue Offer Document (Letter of Offer) >>Document
Mercury Trade Links Right Issue Offer Document (Letter of Offer) >>Mercury Trade Links Right Issue Red Herring Prospectus is not yet available.
Mercury Trade Links Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Mercury Trade Links Right Issue Online Application (Registrar & Transfer Agent) >>Mercury Trade Links Right Issue RTA information is not yet available.
Last Updated on 2024-03-24T05:33:22+00:00
