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Pradhin Ltd Rights Issue (Pradhin Rights Issue 2024) Detail

November 25, 2024 - December 16, 2024
Pradhin Ltd Logo

Incorporated on 3 June 1982, Pradhin Limited is a newly established public company specializing in steel raw materials and the agricultural sector.

Their aim is to provide quality products and services through ethical business practices, community development and sustainability. Their vision is to be a leading supplier of steel raw materials and a pioneer in sustainable agriculture that drives economic growth and environmental protection.

The company offers various services such as steel raw materials, sustainable agriculture solutions, customized resources and research and development.

Pradhin Rights Issue 2024 Detail

Issue Open November 25, 2024 - December 16, 2024
Security Name Pradhin Ltd
Issue Size (Shares) 19,328,570
Issue Size (Amount) ₹48.32 Crores
Issue Price ₹25 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

Full amount payable on Application

Entitlement 53 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date

Pradhin Rights Issue 2024 Issue Timetable

Last Date to buy sharesNovember 13, 2024
Record Date November 14, 2024
Credit of Rights Entitlements November 22, 2024
Bid/Offer Opens On November 25, 2024
Renunciation of Rights Entitlements December 10, 2024
Bid/Offer Closes On December 16, 2024
Deemed Date of Allotment December 2, 2024
Credit Date December 27, 2024
Listing Date December 31, 2024

Company Financials

Pradhin Ltd Financial Information (Restated)

Pradhin Ltd's revenue decreased by -68.36% and profit after tax (PAT) rose by 630.57% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets7.726.96
Revenue5.4417.1920.32
Profit After Tax0.54-0.100.34
Net Worth6.636.086.18
Total Borrowing1.090.880.83
Amount in ₹ Crore

Objects of the Issue:

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

1. To meet incremental working Capital requirements

2. General corporate purposes

Pradhin Rights Issue 2024 Documents

Pradhin Rights Issue 2024 Rating

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Company Contact Information

Pradhin Ltd
61
SEMBUDOSS Street
CHENNAI, INDIA, Tamilnadu, 600001

Phone: 7043431268
Email: info@pradhinglobal.com
Website: https://pradhinglobal.com/

Pradhin Rights Issue 2024 Registrar

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

Pradhin Rights Issue 2024 Lead Manager(s)

Pradhin Rights Issue 2024 FAQs

The Pradhin Rights Issue 2024 opens on November 25, 2024, and closes on December 16, 2024.

Pradhin Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsNovember 22, 2024
Last Date for renunciation of Rights EntitlementsDecember 10, 2024
Issue Opening DateNovember 25, 2024
Issue Closing DateDecember 16, 2024
Date of Allotment (on or about)December 2, 2024
Date of Credit (on or about)December 27, 2024
Date of Listing (on or about)December 31, 2024

Pradhin Rights Issue 2024 price is set at ₹25 per share per equity share.

The eligible shareholders are being offered 53 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date (November 14, 2024).

The record date for the Pradhin Rights Issue 2024 is November 14, 2024.

The issue size of Pradhin Rights Issue 2024 is of 19,328,570 equity shares at ₹25 per share aggregating upto ₹48.32 Crores.

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

You can apply for Pradhin Rights Issue 2024 in two ways:

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

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

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