The Ajooni Biotech Limited date has been confirmed from May 15, 2024 – May 24, 2024. Read the post to learn about Ajooni Biotech Right Issue.
The Ajooni Biotech Limited Developers IPO is a fixed issue size of ₹40.00 Crores. Ajooni Biotech Limited is a producer of feed additives and animal feed. In India, the firm is a top producer of feed supplements and animal feed. With its assortment of feeds, AJOONI is a rapidly growing major force in the aquaculture and animal feed sectors.
Start your investing journey today. Find the latest information on Right Issue main page
Key Details Of Ajooni Biotech Limited:
Bidding Dates
May 15-24
Issue Size
₹40.00 Crores
Face Value
₹2 per share
Record Date
May 2, 2024
Ajooni Biotech Limited Record Date
Ajooni Biotech Limited Record Date is May 2, 2024.
Ajooni Biotech Overview
Ajooni Biotech Limited is a producer of feed additives and animal feed. In India, the firm is a top producer of feed supplements and animal feed. With its assortment of feeds, AJOONI is a rapidly growing major force in the aquaculture and animal feed sectors. The company offers two types of products: (i) feed supplements and (ii) animal feeds such natural calf starters, milk fortifiers, energy products, etc.
Ajooni Biotech Rights Issue Detail
| Issue Open | May 15, 2024 – May 24, 2024 |
| Security Name | Ajooni Biotech Limited |
| Issue Size (Shares) | 80,000,000 |
| Issue Size (Amount) | ₹40.00 Crores |
| Issue Price | ₹5 per share |
| Face Value | ₹2 per share |
| Listing At | NSE |
| Terms of Payment | Full amount of Rs.5.00 per Equity Share is payable on application. |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Ajooni Biotech Limited Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 58.73 | 29.02 |
| Revenue | 74.78 | 74.08 |
| Profit After Tax | 1.12 | 1.05 |
| Amount in ₹ Crore | ||
Ajooni Biotech IPO Timeline
| Last Date to buy shares | April 30, 2024 |
| Record Date | May 2, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | May 15, 2024 |
| Renunciation of Rights Entitlements | |
| Bid/Offer Closes On | May 24, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Company Profile
Livestock feed and feed supplements are produced by Ajooni Biotech Limited. The company is one of India’s top directors of feed complements and livestock feed. AJOONI is a fleetly growing major party in the monoculture and beast feed sectors because to its multifariousness of feeds. Beast feeds, similar as milk fortifiers, natural shin starters, energy products, etc., and feed supplements are among the products offered by the company.
Registrar Info
| Name | – |
| Phone number | – |
| Email ID | – |
| Website | – |
Contact Details
| Name | Ajooni Biotech Limited |
| Phone number | 0172-5020758-69 |
| Email ID | [email protected] |
| Website | ajoonibiotech.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Ajooni Biotech Limited IPO FAQs
What is the issue price for Ajooni Biotech Rights Issue 2024?
Ajooni Biotech Rights Issue 2024 price is set at ₹5 per share per equity share.
What is the record date for Ajooni Biotech Rights Issue 2024?
The record date for the Ajooni Biotech Rights Issue 2024 is May 2, 2024.
What is the issue size of Ajooni Biotech Rights Issue 2024?
The issue size of Ajooni Biotech Rights Issue 2024 is of 80,000,000 equity shares at ₹5 per share aggregating upto ₹40.00 Crores.
Leave a Reply