Gokul Agro Resources Limited, founded in 2014, is one of India’s large FMCG companies. GARL conducts business all around the world. In order to serve consumers from all around the world, the company now operates a subsidiary in Singapore.
Gokul Agro Resources Limited is based in India, with branches in over 20 states and a robust marketing and distribution network. GARL manufactures and exports a wide range of industrial products, including castor oil of various grades and its derivatives.
Gokul Agro has an innovative manufacturing and production facility equipped with cutting-edge equipment and technology. Gandhidham, Gujarat, India is the location of this plant. One of the company’s resources is its consistent delivery of raw materials at a low cost.
This allows for the wide availability of the products in both domestic and foreign markets. The company’s product line consists of products like:
- Soya bean oil
- Cottonseed oil
- Palm oil (Palmolein)
- Sunflower oil
- Groundnut oil
- Vanaspati
Objects of the Issue:
The Company proposes to utilize the Net Proceeds towards the following objects:
- Working Capital Requirements;
- General Corporate Purposes
Gokul Agro Resources Rights Issue 2023 Detail
| Issue Open | Mar 16, 2023 – Mar 23, 2023 |
| Security Name | Gokul Agro Resources Limited |
| Issue Size (Shares) | 4,471,011 |
| Issue Size (Amount) | ₹41.13 Crores |
| Issue Price | ₹92 per share |
| Face Value | ₹2 per share |
| Listing At | BSE, NSE |
| Terms of Payment | Full Amount of Rs. 92/- per Equity Share is payable on application by the Eligible Shareholder. |
| Entitlement | 1 Rights Equity Share(s) for every 32 fully paid-up Equity Shares held on Record Date |
Gokul Agro Resources Rights Issue 2023 Issue Timetable
| Last Date to buy shares | Mar 6, 2023 |
| Record Date | Mar 8, 2023 |
| Credit of Rights Entitlements | Mar 13, 2023 |
| Bid/Offer Opens On | Mar 16, 2023 |
| Renunciation of Rights Entitlements | Mar 17, 2023 |
| Bid/Offer Closes On | Mar 23, 2023 |
| Deemed Date of Allotment | Mar 31, 2023 |
| Credit Date | Apr 6, 2023 |
| Listing Date | Apr 11, 2023 |
Gokul Agro Resources Limited Financial Information (Restated Consolidated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 1,553.54 | 8,391.02 | 44.69 |
| 31-Mar-22 | 1,717.09 | 10,407.35 | 122.91 |
Gokul Agro Resources Rights Issue 2023 Documents
- Letter Of Offer
- Application Form
Company Contact Information
Gokul Agro Resources Limited
Crown 3, Inspire Business Park, Shantigram,
Nr. Vaishnodevi Circle, S.G. Highway,
Anmedabad- 382421
Phone: +91 – 9099908537
Email: [email protected]
Website: https://www.gokulagro.com
Gokul Agro Resources Rights Issue 2023 Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com
Gokul Agro Resources Rights Issue 2023 FAQs
Q1. When is Gokul Agro Resources Rights Issue 2023 coming?
Ans. The Gokul Agro Resources Rights Issue 2023 opens on Mar 16, 2023, and closes on Mar 23, 2023.
Q2. What is the schedule for Gokul Agro Resources Rights Issue 2023?
Ans. Gokul Agro Resources Rights Issue 2023 Schedule : Last Date for credit of Rights Entitlements Mar 13, 2023 Last Date for renunciation of Rights Entitlements Mar 17, 2023 Issue Opening Date Mar 16, 2023 Issue Closing Date Mar 23, 2023 Date of Allotment (on or about) Mar 31, 2023 Date of Credit (on or about) Apr 6, 2023 Date of Listing (on or about) Apr 11, 2023
Q3. What is the issue price for Gokul Agro Resources Rights Issue 2023?
Ans. Gokul Agro Resources Rights Issue 2023 price is set at ₹92 per share per equity share.
Q4. In what ratio is the Gokul Agro Resources Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 1 Rights Equity Share(s) for every 32 fully paid-up Equity Shares held on Record Date (Mar 8, 2023).
Q5. What is the record date for Gokul Agro Resources Rights Issue 2023?
Ans. The record date for the Gokul Agro Resources Rights Issue 2023 is Mar 8, 2023.
Q6. What is the issue size of Gokul Agro Resources Rights Issue 2023?
Ans. The issue size of Gokul Agro Resources Rights Issue 2023 is of 4,471,011 equity shares at ₹92 per share aggregating upto ₹41.13 Crores.
Q7. Where can I get the Letter of Offer for Gokul Agro Resources Rights Issue 2023?
Ans. The Letter of Offer for Gokul Agro Resources Rights Issue 2023
