The Bhandari Hosiery Exports Limited date has been confirmed from July 8, 2024 – July 22, 2024.
Established in 1982, MITCON Consultancy and Engineering Services Limited is a technical consulting organization (TCO) providing solutions from conception to commissioning. MITCON has completed more than 18,000 consulting assignments in more than 50 countries in Asia, the Middle East and Africa and trained more than 25 Lakh individuals under various government and non-government skill development and entrepreneurship programs, with a record 75% placement rate.
Start your investing journey today. Find the latest information on Right Issue main page
Key Details Of Bhandari Hosiery Exports Limited
Bidding Dates
June 8 – July 22
Issue Size
₹48.19 Crores
Face Value
₹1 per share
Record Date
June 19, 2024
Bhandari Hosiery Exports Limited Record Date
The Bhandari Hosiery Exports Limited Record Date is June 19, 2024.
IPO Overview
The Bhandari Hosiery Exports Rights Issue 2024 opens on July 8, 2024, and closes on July 22, 2024. Bhandari Hosiery Exports Rights Issue 2024 price is set at ₹6.26 per share per equity share. The eligible shareholders are being offered 15 Rights Equity Share(s) for every 32 fully paid-up Equity Shares held on Record Date (June 19, 2024).
Bhandari Hosiery Exports Limited Rights Issue Detail
| Issue Open | July 8, 2024 – July 22, 2024 |
| Security Name | Bhandari Hosiery Exports Ltd. |
| Issue Size (Shares) | 76,611,591 |
| Issue Size (Amount) | ₹48.19 Crores |
| Issue Price | ₹6.26 per share |
| Face Value | ₹1 per share |
| Listing At | BSE, NSE |
| Terms of Payment | |
| Entitlement | 15 Rights Equity Share(s) for every 32 fully paid-up Equity Shares held on Record Date |
Bhandari Hosiery Exports Limited Rights Issue 2024 Issue Timetable
| Last Date to buy shares | June 18, 2024 |
| Record Date | June 19, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | July 8, 2024 |
| Renunciation of Rights Entitlements | July 16, 2024 |
| Bid/Offer Closes On | July 22, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Bhandari Hosiery Exports Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 |
| Revenue | 177.94 | 283.31 |
| Profit After Tax | 4.90 | 6.51 |
| Amount in ₹ Crore | ||
Company Profile
Founded in 1993, Bhandari Hosiery Exports Limited (BHEL) is engaged in the manufacture of knitwear and garments. Our company in India has a strong history in textile manufacturing, particularly in circular knitted manufacturing. We cater to top retailers and brands globally, offering a complete textile solution from design to garmenting.
We provide a wide range of products and services, with expertise in technology and a global presence. Our advanced manufacturing facility ensures that customers receive the desi-
gn solutions they require. However, we are not like other big companies. We prioritize attention to detail and offer unmatched support to each of our individual customers. Our dedicated team consists of experienced designers, merchandisers, quality controllers, and production managers who possess a keen fashion sense. They cover and support all aspects of development and manufacturing.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Bhandari Hosiery Exports Limited |
| Phone number | +91-88720-16410 |
| Email ID | [email protected] |
| Website | bhandariexport.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.
Bhandari Hosiery Exports Limited IPO FAQs
What is the issue price for Bhandari Hosiery Exports Rights Issue 2024?
Bhandari Hosiery Exports Rights Issue 2024 price is set at ₹6.26 per share per equity share.
In what ratio is the Bhandari Hosiery Exports Rights Issue 2024 offered?
The eligible shareholders are being offered 15 Rights Equity Share(s) for every 32 fully paid-up Equity Shares held on Record Date (June 19, 2024).
What is the record date for Bhandari Hosiery Exports Rights Issue 2024?
The record date for the Bhandari Hosiery Exports Rights Issue 2024 is June 19, 2024.
What is the issue size of Bhandari Hosiery Exports Rights Issue 2024?
The issue size of Bhandari Hosiery Exports Rights Issue 2024 is of 76,611,591 equity shares at ₹6.26 per share aggregating upto ₹48.19 Crores.
