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7NR Retail Limited Rights Issue (7NR Retail Rights Issue 2022) Detail

Sep 6, 2022 - Sep 23, 2022
7NR Retail Limited Logo

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.

7NR Retail Rights Issue 2022 Detail

Issue Open Sep 6, 2022 - Sep 23, 2022
Security Name 7NR Retail Limited
Issue Size (Shares) 116,695,000
Issue Size (Amount) ₹16.34 Crores
Issue Price ₹1.4 per share
Face Value ₹1 per share
Listing At BSE
Terms of Payment The full amount of Rs 1.40 per share has to be paid at the time of Application.
Entitlement 1 Equity Shares for every 1 Equity Shares held on the Record Date

7NR Retail Rights Issue 2022 Issue Timetable

Bid/Offer Opens On Sep 6, 2022
Bid/Offer Closes On Sep 23, 2022
Record Date Aug 23, 2022
Deemed Date of Allotment Sep 27, 2022
Renunciation of Rights Entitlements Sep 15, 2022

Company Financials

7NR Retail Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2114.442.98-0.53
31-Mar-2220.6924.290.77
Amount in ₹ Crore

Objects of the Issue:

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.

7NR Retail Rights Issue 2022 Documents

7NR Retail Rights Issue 2022 Rating

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7NR Retail Rights Issue 2022 Reviews

Company Contact Information

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

Phone: +91-97271 23838
Email: info@7nrretailltd.in
Website: https://www.7nrretailltd.in/index.html

7NR Retail Rights Issue 2022 Registrar

  1. Cameo Corporate Services Limited
    Phone: +91-44-28460390
    Email: priya@cameoindia.com
    Website: https://ipo.cameoindia.com/

7NR Retail Rights Issue 2022 Lead Manager(s)

7NR Retail Rights Issue 2022 FAQs

The 7NR Retail Rights Issue 2022 opens on Sep 6, 2022, and closes on Sep 23, 2022.

7NR Retail Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsAug 30, 2022
Last Date for renunciation of Rights EntitlementsSep 15, 2022
Issue Opening DateSep 6, 2022
Issue Closing DateSep 23, 2022
Date of Allotment (on or about)Sep 27, 2022
Date of Credit (on or about)Oct 3, 2022
Date of Listing (on or about)Oct 6, 2022

7NR Retail Rights Issue 2022 price is set at ₹1.4 per share per equity share.

The eligible shareholders are being offered 1 Equity Shares for every 1 Equity Shares held on the Record Date (Aug 23, 2022).

The record date for the 7NR Retail Rights Issue 2022 is Aug 23, 2022.

The issue size of 7NR Retail Rights Issue 2022 is of 116,695,000 equity shares at ₹1.4 per share aggregating upto ₹16.34 Crores.

The Letter of Offer for 7NR Retail Rights Issue 2022 can be download here.

You can apply for 7NR Retail Rights Issue 2022 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for 7NR Retail Rights Issue 2022 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the 7NR Retail Rights Issue 2022 available on the list.
  4. Click the Apply button next to the 7NR Retail Rights Issue 2022.
  5. Fill and check your information.
  6. 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 7NR Retail Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select 7NR Retail Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

2 Comments

2. Sk   I Like It. | Report Abuse |   Link | Sep 19, 2022 2:38:56 PM Reply
When it's starts to trade?
1. Dhanraj Nimbalkar   I Like It. | Report Abuse |   Link | Aug 25, 2022 11:23:28 AM Reply
Can i sell my 7nr shares today and apply to right when issue open is it right statergy