₹16.34 Crores | Listing at BSE | Tue, Sep 6, 2022 - Fri, Sep 23, 2022
7NR Retail Limited Rights Issue comprises 11.67 Cr equity shares aggregating to ₹16.34 Cr, offered at an issue price of ₹1.4 per share with a face value of ₹1 per share.
The record date for determining eligible shareholders is Aug 23, 2022.
As per the terms of payment, ₹1.4 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 30, 2022.
The Rights Issue opens on Sep 6, 2022 and closes on Sep 23, 2022.
The deemed date of allotment is Sep 27, 2022, following which the equity shares are expected to be credited to demat accounts on Oct 3, 2022 and listed on the BSE on Oct 6, 2022.
Indusind Bank Ltd. is the Lead Manager to the issue and Cameo Corporate Services Ltd. is the Registrar to the Issue.
Investors are advised to refer to the 7NR Retail Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Aug 23, 2022
Entitlement Ratio
:
Open Date
Tue, Sep 6, 2022
Close Date
Fri, Sep 23, 2022
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 14.44 | 2.98 | -0.53 |
| 31-Mar-22 | 20.69 | 24.29 | 0.77 |
| Amount in ₹ Crore | |||
Incorporated in 2012, 7NR Retail Limited is engaged in the business of trading apparel in the Wholesale and Retail Segments. The company mainly deals in the business of Branding and selling ready-made garments, suiting-shirting, fabrics and all other textile products.
The company was formerly known as 7NR Retail Private Limited.
The company intend to utilize the gross proceeds raised through the Issue for the following objects:
1. In Working Capital Requirements.
2. General Corporate Purposes.
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7NR Retail Limited
Godown No-1, 234/1+234/2, FP-69/3,
Sadashiv Kanto, B/h Bajaj Process,
Narol Chokdi, Narol, Ahmedabad - 382 405
Ahmedabad, Gujarat, 382405
The 7NR Retail Rights Issue 2022 opens on Tue, Sep 6, 2022, and closes on Fri, Sep 23, 2022.
7NR Retail Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | Tue, Aug 30, 2022 |
| Last Date for renunciation of Rights Entitlements | Thu, Sep 15, 2022 |
| Issue Opening Date | Tue, Sep 6, 2022 |
| Issue Closing Date | Fri, Sep 23, 2022 |
| Date of Allotment (on or about) | Tue, Sep 27, 2022 |
| Date of Credit (on or about) | Mon, Oct 3, 2022 |
| Date of Listing (on or about) | Thu, Oct 6, 2022 |
You can apply for 7NR Retail Rights Issue 2022 in two ways:
Steps to apply for 7NR Retail Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for 7NR Retail Rights Issue 2022 using Registrar's website (R-WAP)
