₹29.37 Crores | Listing at BSE | Thu, Sep 5, 2024 - Thu, Sep 19, 2024
Dhyaani Tradeventtures Limited Rights Issue comprises 1.28 Cr equity shares aggregating to ₹29.37 Cr, offered at an issue price of ₹23 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Aug 23, 2024, with the Rights Issue being offered in the entitlement ratio of 3 : 1.
The term of payment is defined as following : The entire amount of the Issue Price of Rs 23/- per Rights Equity Share shall be payable at the time of Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on .
The Rights Issue opens on Sep 5, 2024, and closes on Sep 19, 2024, with renunciation of Rights Entitlements permitted up to Sep 6, 2024.
The deemed date of allotment is [.] following which the equity shares are expected to be credited to demat accounts on and listed at the BSE on [.].
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Dhyaani Tradeventtures Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Aug 23, 2024
Entitlement Ratio
3 : 1
Open Date
Thu, Sep 5, 2024
Close Date
Thu, Sep 19, 2024
The entire amount of the Issue Price of Rs 23/- per Rights Equity Share shall be payable at the time of Application.
Dhyaani Tradeventtures Limited's revenue increased by 216% and profit after tax (PAT) rose by 990% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 37.5 | 25.19 | 15.11 |
| Revenue | 29.82 | 9.44 | 21.8 |
| Profit After Tax | 0.69 | -0.08 | 0.77 |
| Reserves and Surplus | 0.69 | 2.74 | |
| Total Borrowing | 3.03 | 0.09 | |
| Amount in ₹ Crore | |||
Incorporated in October 2014, Dhyaani Tradeventtures Limited deals in various agricultural inputs and commodities, such as wheat, rice, pulses, fertilizers, pesticides, cotton, yarn, fabrics, agri-tech products, and other commodities. The company also undertakes activities related to software development for the agro-industry and provides IT-enabled services, including Artificial Intelligence solutions.
The company has a distribution network of approximately 40 traders operating across different states.
As of July 2024, the company has 6 employees.
The company proposes to utilize the Net Proceeds to:
[Dilip Davda] The company is basically active in trading of agri products and other allied products. It mulls entry in real estate activities. However, it posted listless financial performances so far and four-fold equity base post RI may witness its servicing issue. There is no harm in skipping this pricey RI bet. Read detail review...
Dhyaani Tradeventtures Rights Issue 2024 got oversubscribed by 1.13 times by the end of the bidding period with total bid quantity received by BSE of 1,44,84,400 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Sep 19 2024 17:00:00 | 1,44,84,400 | 1.13x |
Dhyaani Tradeventtures Limited
420 Time Square Arcade Opp Rambaug
Nr Rajiv Plaza Thaltej
Shilaj Road, Thaltej,-Ahmedabad-380059
Ahmedabad, Gujarat, 380059
The Dhyaani Tradeventtures Rights Issue 2024 opens on Thu, Sep 5, 2024, and closes on Thu, Sep 19, 2024.
Dhyaani Tradeventtures Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | Mon, Sep 9, 2024 |
| Last Date for renunciation of Rights Entitlements | Fri, Sep 6, 2024 |
| Issue Opening Date | Thu, Sep 5, 2024 |
| Issue Closing Date | Thu, Sep 19, 2024 |
| Date of Allotment (on or about) | |
| Date of Credit (on or about) | |
| Date of Listing (on or about) |
You can apply for Dhyaani Tradeventtures Rights Issue 2024 in two ways:
Steps to apply for Dhyaani Tradeventtures Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for Dhyaani Tradeventtures Rights Issue 2024 using Registrar's website (R-WAP)
