From December 7, 2022 to December 15, 2025, Ajooni Biotech Limited will accept right issue subscriptions in the amount of Rs 29.02 crore. On the record date of November 25, 2022, the business issues 29 right equity shares for every 30 fully paid-up equity shares held. A share has a face value of Rs. 2 per share, and the right issue price is Rs.6 per share. Stay tuned for further information on the Ajooni Biotech Limited Right Issue Details 2022, including issue size, right issue entitlement, payment terms, and more.
Ajooni Biotech Limited manufactures cattle feed and feed supplements. The firm is a significant manufacturer of cattle feed and supplements in India, the firm is a significant manufacturer of cattle feed and supplements. AJOONI is an emerging significant participant in the Animal Feed and Aquaculture industries, thanks to its feed line.
The company’s product portfolio includes (i) Cattle Feeds such as Milk Boosters, Natural Calf Starters, Energy products, and so on, and (ii) A Feed portfolio of supplements.
Objects of the Issue:
The details of the objects of the Issue are set out below:
- TO PART FINANCE WORKING CAPITAL REQUIREMENTS OF THE COMPANY.
- TO FINANCE THE GENERAL CORPORATE PURPOSE.
Ajooni Biotech Rights Issue 2022 Detail
| Issue Open | Dec 7, 2022 – Dec 19, 2022 |
| Security Name | Ajooni Biotech Limited |
| Issue Size (Shares) | 48,360,313 |
| Issue Size (Amount) | ₹29.02 Crores |
| Issue Price | ₹6 per share |
| Face Value | ₹2 per share |
| Listing At | NSE |
| Terms of Payment | The full amount of Issue Price Rs. 6 per Rights Equity Share is payable on Application. |
| Entitlement | 29 Equity Shares for every 30 Equity Shares held as on record date |
Ajooni Biotech Rights Issue 2022 Issue Timetable
| Record Date | Nov 25, 2022 |
| Credit of Rights Entitlements | Dec 6, 2022 |
| Bid/Offer Opens On | Dec 7, 2022 |
| Renunciation of Rights Entitlements | Dec 9, 2022 |
| Bid/Offer Closes On | Dec 19, 2022 |
| Deemed Date of Allotment | Dec 23, 2022 |
| Credit Date | Dec 27, 2022 |
| Listing Date | Dec 28, 2022 |
Ajooni Biotech Limited Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 2.31 | 40.09 | 0.35 |
| 31-Mar-21 | 28.03 | 51.06 | 0.37 |
| 31-Mar-22 | 29.02 | 74.08 | 1.05 |
Company Contact Information
Ajooni Biotech Limited
D-118, Industrial Area,
Phase-7, Mohali,
Punjab – 160059
Phone: +91-9781820004
Email: [email protected]
Website: https://www.ajoonibiotech.com
Ajooni Biotech Rights Issue 2022 Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com
Ajooni Biotech Rights Issue 2022 FAQs
Q1. When is Ajooni Biotech Rights Issue 2022 coming?
Ans. The Ajooni Biotech Rights Issue 2022 opens on Dec 7, 2022, and closes on Dec 19, 2022.
Q2. What is the issue price for Ajooni Biotech Rights Issue 2022?
Ans. Ajooni Biotech Rights Issue 2022 price is set at ₹6 per share per equity share.
Q3. In what ratio is the Ajooni Biotech Rights Issue 2022 offered?
Ans. The eligible shareholders are being offered 29 Equity Shares for every 30 Equity Shares held as on record date (Nov 25, 2022).
Q5. What is the record date for Ajooni Biotech Rights Issue 2022?
Ans. The record date for the Ajooni Biotech Rights Issue 2022 is Nov 25, 2022.
Q6. What is the issue size of Ajooni Biotech Rights Issue 2022?
Ans. The issue size of Ajooni Biotech Rights Issue 2022 is of 48,360,313 equity shares at ₹6 per share aggregating upto ₹29.02 Crores.
Q7. How to apply for Ajooni Biotech Rights Issue 2022?
Ans. You can apply for Ajooni Biotech Rights Issue 2022 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for Ajooni Biotech Rights Issue 2022 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the Ajooni Biotech Rights Issue 2022 available on the list.
- Click the Apply button next to the Ajooni Biotech Rights Issue 2022.
- Fill and check your information.
- 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 Ajooni Biotech Rights Issue 2022 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select Ajooni Biotech Rights Issue 2022 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
