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Ganesha Ecoverse Limited Rights Issue (Ganesha Ecoverse Rights Issue 2024) Detail

September 20, 2024 - October 4, 2024
Ganesha Ecoverse Limited Logo
Ganesha Ecoverse Limited, formerly SVP Housing Limited, is dedicated to creating textile yarns and garments using advanced technology and the finest sustainable materials to meet the increasing demands of the ever-evolving market. The company aims to lead the way towards a more responsible and vibrant future, making a positive impact on the world and providing a cherished legacy for future generations.

Ganesha Ecoverse Rights Issue 2024 Detail

Issue Open September 20, 2024 - October 4, 2024
Security Name Ganesha Ecoverse Limited
Issue Size (Shares) 13,415,280
Issue Size (Amount) ₹46.95 Crores
Issue Price ₹35 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

All Money payable at the time of Application.

Entitlement 6 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date

Ganesha Ecoverse Rights Issue 2024 Issue Timetable

Last Date to buy sharesSeptember 6, 2024
Record Date September 9, 2024
Credit of Rights Entitlements September 13, 2024
Bid/Offer Opens On September 20, 2024
Renunciation of Rights Entitlements September 24, 2024
Bid/Offer Closes On October 4, 2024
Deemed Date of Allotment October 11, 2024
Credit Date October 15, 2024
Listing Date October 18, 2024

Company Financials

Ganesha Ecoverse Limited Financial Information (Restated)

Ganesha Ecoverse Limited's revenue increased by 5280% and profit after tax (PAT) rose by 281% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets29.3622.6123.16
Revenue12.380.2323.1
Profit After Tax4.23-2.34-0.38
Net Worth89.7380.49112.85
Total Borrowing188.55145.35118.35
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the proceeds of the Issue, after deducting the Issue-related expenses (“Net Proceeds”) towards the following object:

  1. Investment in the Equity Shares of “GESL Spinners Private Limited” (“Target Company/GSPL”)
  2. General Corporate Purposes

Ganesha Ecoverse Rights Issue 2024 Subscription Status

Ganesha Ecoverse Rights Issue 2024 got oversubscribed by 1.59 times by the end of the bidding period with total bid quantity received by BSE of 21,370,750 shares.

Ganesha Ecoverse Rights Issue 2024 Documents

Ganesha Ecoverse Rights Issue 2024 Rating

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Ganesha Ecoverse Rights Issue 2024 Reviews

Company Contact Information

Ganesha Ecoverse Limited
P3-211, Second Floor
Central Square, 20, Manohar Lal
Khurana Marg,Bara Hindu Rao, New Delhi-110006

Phone: +91 9415108158
Email: ganeshaecoverse@gmail.com
Website: https://ganeshaecoverse.com/

Ganesha Ecoverse Rights Issue 2024 Registrar

  1. Skyline Financial Services Private Ltd
    Phone: 02228511022
    Email: ipo@skylinerta.com
    Website: https://www.skylinerta.com/ipo.php

Ganesha Ecoverse Rights Issue 2024 Lead Manager(s)

Ganesha Ecoverse Rights Issue 2024 FAQs

The Ganesha Ecoverse Rights Issue 2024 opens on September 20, 2024, and closes on October 4, 2024.

Ganesha Ecoverse Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsSeptember 13, 2024
Last Date for renunciation of Rights EntitlementsSeptember 24, 2024
Issue Opening DateSeptember 20, 2024
Issue Closing DateOctober 4, 2024
Date of Allotment (on or about)October 11, 2024
Date of Credit (on or about)October 15, 2024
Date of Listing (on or about)October 18, 2024

Ganesha Ecoverse Rights Issue 2024 price is set at ₹35 per share per equity share.

The eligible shareholders are being offered 6 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (September 9, 2024).

The record date for the Ganesha Ecoverse Rights Issue 2024 is September 9, 2024.

The issue size of Ganesha Ecoverse Rights Issue 2024 is of 13,415,280 equity shares at ₹35 per share aggregating upto ₹46.95 Crores.

The Letter of Offer for Ganesha Ecoverse Rights Issue 2024 can be download here.

You can apply for Ganesha Ecoverse Rights Issue 2024 in two ways:

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

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

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

2 Comments

2. Murthy   I Like It. |Report Abuse|  Link|September 22, 2024 5:12:57 PMReply
Close date seems to be wrong. Is it 30th sep instead?
2.2. raja   I Like It. |Report Abuse|  Link|September 28, 2024 12:19:10 PM
Ganesha Ecoverse Limited CLOSING DATE IS 30TH SEPTEMBER OR 4TH OCTOBER?
2.3. Prachi.Chittorgarh   I Like It. |Report Abuse|  Link|September 30, 2024 5:18:24 PM
Greetings,

As per BSE, the closing date is October 4th, 2024.
Issue Period: 20 Sep 2024 to 04 Oct 2024.

Thanks for the feedback.
1. Murthy   I Like It. |Report Abuse|  Link|September 7, 2024 11:16:38 AMReply
DLOF

https://www.bseindia.com/corporates/download/10767/Rights/Annexure%20A_DLOF_20240710191738.pdf

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