Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Tierra Agrotech Limited was founded in 2012 and is a technology-driven agricultural company that produces hybrid seeds.
The company is engaged in the research, development, production, processing, and marketing of hybrid seeds for major crops such as cotton, rice, maize, mustard, tomato, and okra.
The company has an R&D facility in Hyderabad with a laboratory space of 10,000 sq. ft. with several greenhouses and more than 50 acres of breeding farms equipped with drip irrigation and other essential facilities. The company also has three other R&D units, one in Bangalore and the other two in Pune and Gurgaon. It also maintains about 30 product testing centers across the country.
| Issue Open | March 28, 2024 - April 24, 2024 |
| Security Name | Tierra Agrotech Ltd |
| Issue Size (Shares) | 9,694,041 |
| Issue Size (Amount) | ₹48.47 Crores |
| Issue Price | ₹50 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The full amount of the issue price of Rs. 50/- is payable at the time of application. |
| Entitlement | 1 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
| Last Date to buy shares | March 15, 2024 |
| Record Date | March 18, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | March 28, 2024 |
| Renunciation of Rights Entitlements | April 16, 2024 |
| Bid/Offer Closes On | April 24, 2024 |
| Deemed Date of Allotment | May 1, 2024 |
| Credit Date | May 3, 2024 |
| Listing Date | May 9, 2024 |
Tierra Agrotech Ltd's revenue increased by 6.91% and profit after tax (PAT) dropped by -107.18% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 172.83 | 173.63 | 162.15 | |
| Revenue | 62.37 | 60.71 | 56.79 | 58.37 |
| Profit After Tax | -5.45 | -28.21 | -13.62 | -6.27 |
| Net Worth | 101.34 | 15.07 | 43.43 | 56.79 |
| Reserves and Surplus | 45.41 | -10.08 | 18.28 | 31.63 |
| Total Borrowing | 29.95 | 106.96 | 86.25 | 61.75 |
| Amount in ₹ Crore | ||||
The Objects of the Issue are:
Tierra Agrotech Rights Issue 2024 got oversubscribed by 1.01 times by the end of the bidding period with total bid quantity received by BSE of 9,812,884 shares.
0 0.0 Rating:  Vote Here ... |
Tierra Agrotech Ltd
8-2-269/19/5/A/2, 1st Floor, Sravana Complex,
Kamalapuri Colony Lane, Next to LV Prasad Hospital
Road No 2, Banjara Hills, Hyderabad - 500034
Phone: +91 040 4850 6656
Email: info@tierragrotech.com
Website: https://tierraagrotech.com/
Venture Capital And Corporate Investments Pvt Ltd
Phone: 040-23818475, 23818476, 23868023
Email: rights@vccipl.com
Website: https://www.vccipl.com
The Tierra Agrotech Rights Issue 2024 opens on March 28, 2024, and closes on April 24, 2024.
Tierra Agrotech Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | April 16, 2024 |
| Issue Opening Date | March 28, 2024 |
| Issue Closing Date | April 24, 2024 |
| Date of Allotment (on or about) | May 1, 2024 |
| Date of Credit (on or about) | May 3, 2024 |
| Date of Listing (on or about) | May 9, 2024 |
Tierra Agrotech Rights Issue 2024 price is set at ₹50 per share per equity share.
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (March 18, 2024).
The record date for the Tierra Agrotech Rights Issue 2024 is March 18, 2024.
The issue size of Tierra Agrotech Rights Issue 2024 is of 9,694,041 equity shares at ₹50 per share aggregating upto ₹48.47 Crores.
The Letter of Offer for Tierra Agrotech Rights Issue 2024 can be download here.
You can apply for Tierra Agrotech Rights Issue 2024 in two ways:
Steps to apply for Tierra Agrotech Rights Issue 2024 using Net Banking (ASBA)
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 Tierra Agrotech Rights Issue 2024 using Registrar's website (R-WAP)
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
