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Arunjyoti Bio Ventures Ltd Rights Issue (Arunjyoti Bio Ventures Rights Issue 2024) Detail

March 26, 2024 - April 12, 2024
Arunjyoti Bio Ventures Ltd Logo

Incorporated in in 1986, Arunjyoti Bio Ventures Ltd is a production and logistics company specializing in providing high-quality co-packing services for a multinational corporation. The company focuses on meeting its MNC partner's unique needs.

Arunjyoti Bio is a co-packing company specialising in various beverages, such as non-carbonated drinks, juices, and energy drinks. The company has a highly skilled team, and state-of-the-art facilities enable it to handle large-scale production runs efficiently and deliver high-quality products on time.

The company has two state-of-the-art plants: one in Telangana and the other in Andhra Pradesh. The manufacturing plant located in Kallem, Jangaon, Telangana, is spread across 4 acres and has a built-in plant of 60,000 sq. ft, with three manufacturing lines. The second unit is located in Annadevarapeta, Kovvur, Andhra Pradesh, which is spread across 3.2 acres and has a built-in plant of 60,000 sq. ft, with two manufacturing lines.

As of January 2024, the company employs 136 people dedicated to marketing and sales of its products.

Arunjyoti Bio Ventures Rights Issue 2024 Detail

Issue Open March 26, 2024 - April 12, 2024
Security Name Arunjyoti Bio Ventures Ltd
Issue Size (Shares) 16,567,200
Issue Size (Amount) ₹33.13 Crores
Issue Price ₹20 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

Full amount of Rs 20/- per Equity Share is payable on application.

Entitlement 8 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

Arunjyoti Bio Ventures Rights Issue 2024 Issue Timetable

Last Date to buy sharesMarch 11, 2024
Record Date March 12, 2024
Credit of Rights Entitlements
Bid/Offer Opens On March 26, 2024
Renunciation of Rights Entitlements April 2, 2024
Bid/Offer Closes On April 12, 2024
Deemed Date of Allotment April 20, 2024
Credit Date April 25, 2024
Listing Date April 29, 2024

Company Financials

Arunjyoti Bio Ventures Ltd Financial Information (Restated)

Arunjyoti Bio Ventures Ltd's revenue decreased by -46.62% and profit after tax (PAT) rose by 107.68% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets42.6935.912.104.70
Revenue6.021.743.255.51
Profit After Tax-1.330.120.060.07
Net Worth0.792.122.001.95
Reserves and Surplus-1.280.04-0.07-0.13
Total Borrowing41.5332.27
Amount in ₹ Crore

Objects of the Issue:

The company proposes to utilize the net proceeds from the issue towards funding the following objects:

  • Conversion of unsecured loans availed by the company from the Promoters;
  • To augment the existing and incremental working capital requirement of the company
  • General Corporate Purposes

Arunjyoti Bio Ventures Rights Issue 2024 Subscription Status

Arunjyoti Bio Ventures Rights Issue 2024 got subscribed by 0.99 times by the end of the bidding period with total bid quantity received by BSE of 16,347,933 shares.

Arunjyoti Bio Ventures Rights Issue 2024 Documents

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Company Contact Information

Arunjyoti Bio Ventures Ltd
Door No.1-98/1/JSIC/6F/604-B6th Floor
Jain Sadhguru Capital Park, Beside Image Gardens
Madhapur, Shaikpet, Hyderabad– 500081

Phone: + 91 40-66684220
Email: accounts@pasura.com
Website: https://www.abvl.co.in/

Arunjyoti Bio Ventures Rights Issue 2024 Registrar

  1. Venture Capital And Corporate Investments Pvt Ltd
    Phone: 040-23818475, 23818476, 23868023
    Email: pvsrinivas@vccipl.com
    Website: https://www.vccipl.com

Arunjyoti Bio Ventures Rights Issue 2024 Lead Manager(s)

Arunjyoti Bio Ventures Rights Issue 2024 FAQs

The Arunjyoti Bio Ventures Rights Issue 2024 opens on March 26, 2024, and closes on April 12, 2024.

Arunjyoti Bio Ventures Rights Issue 2024 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsApril 2, 2024
Issue Opening DateMarch 26, 2024
Issue Closing DateApril 12, 2024
Date of Allotment (on or about)April 20, 2024
Date of Credit (on or about)April 25, 2024
Date of Listing (on or about)April 29, 2024

Arunjyoti Bio Ventures Rights Issue 2024 price is set at ₹20 per share per equity share.

The eligible shareholders are being offered 8 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (March 12, 2024).

The record date for the Arunjyoti Bio Ventures Rights Issue 2024 is March 12, 2024.

The issue size of Arunjyoti Bio Ventures Rights Issue 2024 is of 16,567,200 equity shares at ₹20 per share aggregating upto ₹33.13 Crores.

The Letter of Offer for Arunjyoti Bio Ventures Rights Issue 2024 can be download here.

You can apply for Arunjyoti Bio Ventures Rights Issue 2024 in two ways:

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

Steps to apply for Arunjyoti Bio Ventures Rights Issue 2024 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 Arunjyoti Bio Ventures Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Arunjyoti Bio Ventures Rights Issue 2024.
  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 Arunjyoti Bio Ventures Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Arunjyoti Bio Ventures Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. Murthy     Link|March 7, 2024 3:39:34 PM
Draft Letter of Offer
https://www.bseindia.com/corporates/download/6791/Rights/DLOF%20Final_20240117235456.pdf

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