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Add-Shop E-Retail Limited Rights Issue (Add-Shop E-Retail Rights Issue) Detail

August 17, 2022 - August 30, 2022
Add-Shop E-Retail Limited Logo

Add-Shop E-Retail Limited, formerly known as Add Shop Promotions Limited, is engaged in the production and distribution of more than 120 products like Ayurveda supplements, animal feed supplements, herbal cosmetics, organic fertilizer, and personal care. The company products are 100% Ayurvedic with no chemicals and cruelty-free.


Add Shop is founded by a visually impaired Mr. Dineshbhai Pandya - a first-generation entrepreneur, trainer, and motivator. The company aims to promote healthy living and implement solutions for two very deep-rooted challenges of our nation - unemployment & unhealthiness of our citizens.


Add Shop has been awarded for being in the Top 100 SME IPO in the year 2018-19. The company has also earned appreciation from the CM of Gujarat for contributing to the cashless revolution and Golden Book of world records for most village assemblies addressed by a differently able person.

Add-Shop E-Retail Rights Issue Detail

Issue Open August 17, 2022 - August 30, 2022
Security Name Add-Shop E-Retail Limited
Issue Size (Shares) 9,056,255
Issue Size (Amount) ₹48.90 Crores
Issue Price ₹54 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment The entire amount of Rs 54 per Rights Share is payable on Application
Entitlement 1 Rights Equity Share for every 1 Fully Paid up Equity Share held on the Record Date

Add-Shop E-Retail Rights Issue Issue Timetable

Record Date August 8, 2022
Credit of Rights Entitlements August 16, 2022
Bid/Offer Opens On August 17, 2022
Renunciation of Rights Entitlements August 24, 2022
Bid/Offer Closes On August 30, 2022
Deemed Date of Allotment September 8, 2022
Credit Date September 13, 2022
Listing Date September 15, 2022

Company Financials

Add-Shop E-Retail Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2144.8478.577.68
31-Mar-2250.7159.6519.09
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the issue proceeds toward the following objects:

  • To meet the funding of working capital requirements of the company.
  • To meet the Issue Expenses.
  • For General Corporate Expenses.

Add-Shop E-Retail Rights Issue Documents

Add-Shop E-Retail Rights Issue Rating

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3.6
Rating:Rated 3.6 stars
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Add-Shop E-Retail Rights Issue Reviews

Company Contact Information

Add-Shop E-Retail Limited
B-304 Imperial Height,
150ft Ring Road,
Rajkot-360005, Gujarat, India

Phone: 0281-2580499
Email: investor@addshop.co
Website: https://www.addshop.co/#/

Add-Shop E-Retail Rights Issue Registrar

  1. Cameo Corporate Services Limited
    Phone: +91-44-28460390
    Email: priya@cameoindia.com
    Website: https://ipo.cameoindia.com/

Add-Shop E-Retail Rights Issue Lead Manager(s)

Add-Shop E-Retail Rights Issue FAQs

The Add-Shop E-Retail Rights Issue opens on August 17, 2022, and closes on August 30, 2022.

Add-Shop E-Retail Rights Issue Schedule

Last Date for credit of Rights EntitlementsAugust 16, 2022
Last Date for renunciation of Rights EntitlementsAugust 24, 2022
Issue Opening DateAugust 17, 2022
Issue Closing DateAugust 30, 2022
Date of Allotment (on or about)September 8, 2022
Date of Credit (on or about)September 13, 2022
Date of Listing (on or about)September 15, 2022

Add-Shop E-Retail Rights Issue price is set at ₹54 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share for every 1 Fully Paid up Equity Share held on the Record Date (August 8, 2022).

The record date for the Add-Shop E-Retail Rights Issue is August 8, 2022.

The issue size of Add-Shop E-Retail Rights Issue is of 9,056,255 equity shares at ₹54 per share aggregating upto ₹48.90 Crores.

The Letter of Offer for Add-Shop E-Retail Rights Issue can be download here.

You can apply for Add-Shop E-Retail Rights Issue in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Add-Shop E-Retail Rights Issue using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Add-Shop E-Retail Rights Issue available on the list.
  4. Click the Apply button next to the Add-Shop E-Retail Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Add-Shop E-Retail Rights Issue using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Add-Shop E-Retail Rights Issue from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

23 Comments

23. B Kumar     Link|August 24, 2022 3:52:34 PM
I am shareholder of ASRL. In my demat I saw
ASRL -RE added with value between 6.00 to 7.00. But ASRL price is around 75.00. What is the difference ?
23.1. Eldhose     Link|September 13, 2022 12:39:24 PM
We can get the right issue shares @54. But if not purchasing we can sell it on a margin price ( that is 6-7). That last sell date was 24.8.22
22. rupesh     Link|August 23, 2022 3:18:37 PM
icici on line banking, investment is not showing ADD shop right issue.
any idea please.
22.1. Kamesh     Link|August 30, 2022 7:16:03 PM
Hi Rupesh,

Even i am facing the same issue. found any solution?

22.2. sunil     Link|September 13, 2022 10:31:33 AM
Right Issue Activity      Date
Right Issue Issue Open Date      17th Aug 2022
Right Issue Issue Close Date      30th Aug 2022
Basis of Allotment Finalisation Date*      7th Sep 2022
Refunds Initiation*      8th Sep 2022
Credit of Shares to Demat Account*      13th Sep 2022
Right Issue Listing Date*      15th Sep 2022
* - Tentative Dates
21. JAINAM JAIN     Link|August 30, 2022 12:05:02 AM
icici on line banking, investment is not showing ADD shop right issue.
any idea please.
20. Manpreet singh     Link|August 29, 2022 7:07:32 PM
I purchased add on e retail re ltd share. But this share not show bse. Any solluion
19. Chinnabba     Link|August 29, 2022 2:15:46 PM
Im one of the investor in this stock and eligible to buy 50 shares through right issue.Im tired by finding the ways to apply it online.Please help me out on this as the date is getting closed for this opportunity.
18. Manish Ojha     Link|August 24, 2022 8:49:56 AM
I am trying to apply from IndusInd Bank netbanking , it requires reference number, pls guide which number is to be mentioned
18.1. Vijay pal verma     Link|August 24, 2022 6:27:14 PM
Mujhe shere kai se milege right isu k
17. mehul     Link|August 23, 2022 11:51:29 PM
what to write on cheque at the time of submission form to icici bank?
16. SACHIN CHAUDHARY     Link|August 22, 2022 11:28:20 AM
i can,t find any way to apply for RE. I am ASRL share holder and have RE allotment option, but cannot find any way to apply . my bank account is in AXIS BANK LTD. I also tried through LINK IN TIME but find no option there too. saw no option on ASRL official web too.
16.1. Rajendra     Link|August 23, 2022 2:36:04 PM
You can login to Axis Bank internet banking.
Go to ‘Investments’
Register for ‘ASBA’
After successful registration. You can follow the instructions given above in the post.
15. Ashok     Link|August 19, 2022 10:13:17 PM
Eligible share holders- Share are showing in respect demat account. You may buy on Tradding time
15.1. Harleen     Link|August 23, 2022 10:31:14 AM
ASRL-RE showing in my demat account but that are my actual shares. How to apply for rights issue
14. Tinku Das     Link|August 22, 2022 5:51:42 PM
If I Apply more right issue than what I have Share will my application get cancelled. if so, what should i do in this case?
13. P K SAGAR     Link|August 18, 2022 10:51:25 AM
I am a share holder of Add Shop in Demat form I am not finding any online application process. Can i apply through SBI site. please give thesite for appying online
13.1. Nisarg     Link|August 18, 2022 10:00:40 PM
Not sure if it's possible to apply online yet, on SBI ASBA it's not showing up ASRL-RE to apply for IPO. Another alternative might be filling up the form which Add shop company has sent a couple of pdfs or courier.
12. Nisarg     Link|August 18, 2022 9:57:23 PM
Add shop IPO is still not available on ASBA SBI what needs to be done? It only shows a list of new IPOs that are coming in.
11. RAMMILAN PAL     Link|August 18, 2022 7:18:16 PM
I am a share holder of Add Shop in Demat form I am not finding any online application process. Can i apply through SBI site. please give thesite for appying online
10. RAMMILAN PAL     Link|August 18, 2022 6:02:58 PM
Still not show rights issue of Add-Shop E-Retail Ltd on SBI ASBA
9. bimal shah     Link|August 18, 2022 3:28:20 PM
not showing rights issue of Add-Shop E-Retail Ltd on ICICI
8. sunil kumar     Link|August 18, 2022 1:01:21 PM
Still not show rights issue of Add-Shop E-Retail Ltd on SBI ASBA
7. satish kumar     Link|August 18, 2022 10:55:17 AM
Still not show rights issue of Add-Shop E-Retail Ltd on SBI ASBA
6. Phool chand     Link|August 17, 2022 7:10:53 PM
Still Not showing right issue of ASRL on SBI ASBA
6.1. NageswaraRao Maka     Link|August 17, 2022 9:23:31 PM
Still not show rights issue of Add-Shop E-Retail Ltd on SBI ASBA
5. Bimal SHah     Link|August 17, 2022 6:12:35 PM
Now HDFC ASBA shows but still not found in ICICI Direct
4. S Mukherjee     Link|August 17, 2022 11:50:17 AM
not able to see options in HDFC ASBA. Do you have any idea?
4.1. bimal shah     Link|August 17, 2022 6:11:33 PM
Now HDFC ASBA shows :)

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