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Asian Petroproducts & Exports Ltd. Rights Issue (Asian Petroproducts & Exports Rights Issue 2024) Detail

November 11, 2024 - December 5, 2024
Asian Petroproducts & Exports Ltd. Logo

Incorporated in the year 1991, Asian Petroproducts and Exports Limited is engaged in the manufacturing of chemicals based on Ethylene Oxide.

The product range includes monoethanolamine, diethanolamine and triethanolamine. The company's plant is located on a 25 hectare site. The company's future strategy is focused on increasing sales through brand equity, specialty formulations, geographic expansion and collaboration with technical experts. Quality control is paramount, ensuring excellence in all products and processes.

They aim to boost sales by enhancing brand equity, developing special formulations, expanding our network, and maintaining strict quality control throughout production.

Asian Petroproducts & Exports Rights Issue 2024 Detail

Issue Open November 11, 2024 - December 5, 2024
Security Name Asian Petroproducts & Exports Ltd.
Issue Size (Shares) 15,890,416
Issue Size (Amount) ₹15.89 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

All money payable at the time of Application.

Entitlement 11 Rights Equity Share(s) for every 6 fully paid-up Equity Shares held on Record Date

Asian Petroproducts & Exports Rights Issue 2024 Issue Timetable

Last Date to buy sharesOctober 29, 2024
Record Date October 30, 2024
Credit of Rights Entitlements November 21, 2024
Bid/Offer Opens On November 11, 2024
Renunciation of Rights Entitlements December 2, 2024
Bid/Offer Closes On December 5, 2024
Deemed Date of Allotment December 4, 2024
Credit Date December 9, 2024
Listing Date December 13, 2024

Company Financials

Asian Petroproducts & Exports Ltd. Financial Information (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3.792.052.43
Revenue16.940.55
Profit After Tax-1.040.11-0.30
Net Worth-2.96-1.92-2.03
Reserves and Surplus-11.62-9.61-8.95
Total Borrowing3.722.393.14
Amount in ₹ Crore

Objects of the Issue:

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Repayment of unsecured loans availed by our Company from Promoter and Promoter Group of the Company;
  2. Funding of working capital requirements of our Company; and
  3. General Corporate Purposes.

Asian Petroproducts & Exports Rights Issue 2024 Subscription Status

Asian Petroproducts & Exports Rights Issue 2024 is subscribed 0.11 times as on November 22, 2024 5:00:00 PM. The total bid quantity received by BSE is 1,767,849 shares.

Asian Petroproducts & Exports Rights Issue 2024 Documents

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Company Contact Information

Asian Petroproducts & Exports Ltd.
24, Suwernapuri Soceity,
Chikuwadi, Near Jetalpur Road
Alkapuri, Vadodara 390007

Phone: 919879504335
Email: barodagroup99@gmail.com
Website: https://asianpetro.in/

Asian Petroproducts & Exports Rights Issue 2024 Registrar

  1. Adroit Corporate Services Pvt Ltd
    Phone: 91- 22- 2859 6060/2859 4060
    Email: info@adroitcorporate.com
    Website: http://www.adroitcorporate.com

Asian Petroproducts & Exports Rights Issue 2024 Lead Manager(s)

Asian Petroproducts & Exports Rights Issue 2024 FAQs

The Asian Petroproducts & Exports Rights Issue 2024 opens on November 11, 2024, and closes on December 5, 2024.

Asian Petroproducts & Exports Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsNovember 21, 2024
Last Date for renunciation of Rights EntitlementsDecember 2, 2024
Issue Opening DateNovember 11, 2024
Issue Closing DateDecember 5, 2024
Date of Allotment (on or about)December 4, 2024
Date of Credit (on or about)December 9, 2024
Date of Listing (on or about)December 13, 2024

Asian Petroproducts & Exports Rights Issue 2024 price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 11 Rights Equity Share(s) for every 6 fully paid-up Equity Shares held on Record Date (October 30, 2024).

The record date for the Asian Petroproducts & Exports Rights Issue 2024 is October 30, 2024.

The issue size of Asian Petroproducts & Exports Rights Issue 2024 is of 15,890,416 equity shares at ₹10 per share aggregating upto ₹15.89 Crores.

The Letter of Offer for Asian Petroproducts & Exports Rights Issue 2024 can be download here.

You can apply for Asian Petroproducts & Exports Rights Issue 2024 in two ways:

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

Steps to apply for Asian Petroproducts & Exports 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 Asian Petroproducts & Exports Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Asian Petroproducts & Exports 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 Asian Petroproducts & Exports Rights Issue 2024 using Registrar's website (R-WAP)

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

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