Edvenswa Enterprises Limited, founded in 1980, is a company that offers various kinds of information technology solutions to companies. Services are provided in a variety of industries, including healthcare and life sciences, supply chain and logistics, banking and finance, energy, education, and the environment.
Edvenswa Group strives to blend qualities such as creativity and experience into an advantageous company plan. This allows them to meet the needs of a wide spectrum of clients by providing an extensive selection of services. The company’s services are comprehensive and cost-effective, allowing clients to focus on their main strengths in order to improve or expand their enterprises. Our company offers UI/UX design and development, rapid prototyping and product development for customers, and Big Data, Analytics, and Data Science related services.
Enterprise Application Engineering, Software Quality Assurance, Business Process Automation alongside Robotic Process Automation (RPA) tools, Data Management & Integration, Social/Mobile Application Development, Application Integration, Maintenance & Migration Services, Cloud Migration Services, DevOps Engineering, Application Integration, Mobile Application Development & Integration, and Extended R&D Partnering, among other services.
Objects of the Issue:
The Objects of the Issue are:
- Expansion of Business operations in India
- Investment in our wholly owned Subsidiary Company for expansion of business
- General Corporate Purposes
- To meet the Issue Expenses
Edvenswa Enterprises Rights Issue 2023 Detail
| Issue Open | Feb 16, 2023 – Mar 17, 2023 |
| Security Name | Edvenswa Enterprises Limited |
| Issue Size (Shares) | 9,080,000 |
| Issue Size (Amount) | ₹22.70 Crores |
| Issue Price | ₹25 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The full amount is payable on application. |
| Entitlement | 1 Rights Equity Shares for every 1 fully paid-up Equity Share held on the Record Date |
Edvenswa Enterprises Rights Issue 2023 Issue Timetable
| Record Date | Feb 7, 2023 |
| Credit of Rights Entitlements | Feb 15, 2023 |
| Bid/Offer Opens On | Feb 16, 2023 |
| Renunciation of Rights Entitlements | Mar 13, 2023 |
| Bid/Offer Closes On | Mar 17, 2023 |
| Deemed Date of Allotment | Mar 25, 2023 |
| Credit Date | Mar 27, 2023 |
| Listing Date | Mar 31, 2023 |
Edvenswa Enterprises Limited Financial Information (Consolidated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-22 | 24.71 | 39.06 | 3.73 | 18.84 |
| 30-Sep-22 | 1.93 | 22.3 | 2.62 | 21.48 |
Company Contact Information
Edvenswa Enterprises Limited
Plot No. 85, Shop No.1, 4th Street,
Ganesh Avenue, Sakthi Nagar, Porur,
Chennai – 600116
Phone: +91 91000 52964
Email: [email protected]
Website: http://www.klk.co.in
Edvenswa Enterprises Rights Issue 2023 Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com
Edvenswa Enterprises Rights Issue 2023 Lead Manager(s)
- Finshore Management Services Limited
Edvenswa Enterprises Rights Issue 2023 FAQs
Q1. When is Edvenswa Enterprises Rights Issue 2023 coming?
Ans. The Edvenswa Enterprises Rights Issue 2023 opens on Feb 16, 2023, and closes on Mar 17, 2023.
Q2. What is the schedule for Edvenswa Enterprises Rights Issue 2023?
Ans. Edvenswa Enterprises Rights Issue 2023 Schedule : Last Date for credit of Rights Entitlements Feb 15, 2023 Last Date for renunciation of Rights Entitlements Mar 13, 2023 Issue Opening Date Feb 16, 2023 Issue Closing Date Mar 17, 2023 Date of Allotment (on or about) Mar 25, 2023 Date of Credit (on or about) Mar 27, 2023 Date of Listing (on or about) Mar 31, 2023
Q3. What is the issue price for Edvenswa Enterprises Rights Issue 2023?
Ans. Edvenswa Enterprises Rights Issue 2023 price is set at ₹25 per share per equity share.
Q4. In what ratio is the Edvenswa Enterprises Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 1 Rights Equity Shares for every 1 fully paid-up Equity Share held on the Record Date (Feb 7, 2023).
Q5. What is the record date for Edvenswa Enterprises Rights Issue 2023?
Ans. The record date for the Edvenswa Enterprises Rights Issue 2023 is Feb 7, 2023.
Q6. What is the issue size of Edvenswa Enterprises Rights Issue 2023?
Ans. The issue size of Edvenswa Enterprises Rights Issue 2023 is of 9,080,000 equity shares at ₹25 per share aggregating upto ₹22.70 Crores.
Q7. How to apply for Edvenswa Enterprises Rights Issue 2023?
Ans. You can apply for Edvenswa Enterprises Rights Issue 2023 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for Edvenswa Enterprises Rights Issue 2023 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the Edvenswa Enterprises Rights Issue 2023 available on the list.
- Click the Apply button next to the Edvenswa Enterprises Rights Issue 2023.
- 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 Edvenswa Enterprises Rights Issue 2023 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select Edvenswa Enterprises Rights Issue 2023 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
