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Oriental Trimex Ltd. Rights Issue (Oriental Trimex Rights Issue 2024) Detail

September 19, 2024 - October 4, 2024
Oriental Trimex Ltd. Logo

Oriental Trimex Limited was founded in 1996 and offers premium quality Italian and other marble to the Indian market.

The company's marble processing plants are located in Greater Noida near Delhi in the National Capital Region with an annual capacity of 25,200 MT. These plants are fully integrated processing units equipped with state-of-the-art machinery, namely, Gangsaws, automatic resin lines with robotic feed imported from SEI, Italy, one of the pioneers and leading manufacturers of machinery for the marble industry, automatic line polishers, and imported grinding machines.

The company also imports semi-finished marble slabs from SEI, Italy, and Sri Lanka, apart from sourcing slabs and blocks from within the country.

The company currently has its own sales and marketing outlets, including factories in Greater Noida. The company is the sole processor and supplier of imported marble in the whole of India.

As of June 21, 2024, the company had a total of 17 Employees.

Oriental Trimex Rights Issue 2024 Detail

Issue Open September 19, 2024 - October 4, 2024
Security Name Oriental Trimex Ltd.
Issue Size (Shares) 44,104,359
Issue Size (Amount) ₹48.51 Crores
Issue Price ₹11 per share
Face Value ₹10 per share
Listing At BSE, NSE
Terms of Payment

The entire amount of the Issue Price of Rs. 11 per Rights Equity Share shall be payable at the time of Application.

Entitlement 3 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date

Oriental Trimex Rights Issue 2024 Issue Timetable

Last Date to buy sharesSeptember 4, 2024
Record Date September 5, 2024
Credit of Rights Entitlements September 18, 2024
Bid/Offer Opens On September 19, 2024
Renunciation of Rights Entitlements September 27, 2024
Bid/Offer Closes On October 4, 2024
Deemed Date of Allotment
Credit Date
Listing Date

Company Financials

Oriental Trimex Ltd. Financial Information (Restated)

Oriental Trimex Ltd.'s revenue decreased by -39% and profit after tax (PAT) dropped by -51% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets108.39119121.97130.22
Revenue5.498.9720.4620.37
Profit After Tax-6.5-4.32-5.87-3.92
Net Worth61.0668.370.5576.38
Total Borrowing6.516.475.966.36
Amount in ₹ Crore

Objects of the Issue:

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

  1. Working capital requirements of the Company
  2. To repay, in full or in part, the identified unsecured loan availed by the Company
  3. Capital Expenditure for setting up additional Machinery for Marble Block in Tamilnadu
  4. Development of quarry of ‘JET BLACK’ Granite in Odisha
  5. Capital Expenditure for construction of Showroom-cum-warehouse
  6. General corporate purposes

Oriental Trimex Rights Issue 2024 Subscription Status

Oriental Trimex Rights Issue 2024 is subscribed 0.1 times as on September 26, 2024 5:00:00 PM. The total bid quantity received by BSE, NSE is 4,377,151 shares.

Oriental Trimex Rights Issue 2024 Documents

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Company Contact Information

Oriental Trimex Ltd.
26/25 Bazar Marg,
Old Rajinder Nagar,
New Delhi, India, 110060

Phone: 01145048612
Email: info@orientaltrimex.com
Website: http://www.orientaltrimex.com/

Oriental Trimex Rights Issue 2024 Registrar

  1. Beetal Financial & Computer Services (P) Limited
    Phone: +91 11 29961281
    Email: beetalrta@gmail.com
    Website: http://www.beetalmail.com/smeipo

Oriental Trimex Rights Issue 2024 Lead Manager(s)

Oriental Trimex Rights Issue 2024 FAQs

The Oriental Trimex Rights Issue 2024 opens on September 19, 2024, and closes on October 4, 2024.

Oriental Trimex Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsSeptember 18, 2024
Last Date for renunciation of Rights EntitlementsSeptember 27, 2024
Issue Opening DateSeptember 19, 2024
Issue Closing DateOctober 4, 2024
Date of Allotment (on or about)
Date of Credit (on or about)
Date of Listing (on or about)

Oriental Trimex Rights Issue 2024 price is set at ₹11 per share per equity share.

The eligible shareholders are being offered 3 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (September 5, 2024).

The record date for the Oriental Trimex Rights Issue 2024 is September 5, 2024.

The issue size of Oriental Trimex Rights Issue 2024 is of 44,104,359 equity shares at ₹11 per share aggregating upto ₹48.51 Crores.

The Letter of Offer for Oriental Trimex Rights Issue 2024 can be download here.

You can apply for Oriental Trimex Rights Issue 2024 in two ways:

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

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

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Oriental Trimex 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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