₹6.81 Crores | Listing at BSE | Wed, May 29, 2024 - Thu, Jun 6, 2024
DSJ keep Learning Limited Rights Issue comprises 6.81 Cr equity shares aggregating to ₹6.81 Cr, offered at an issue price of ₹1 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is May 14, 2024, with the Rights Issue being offered in the entitlement ratio of 7 : 9.
The term of payment is defined as following : The full amount of Re 1/- Equity share is payable on application by the Eligible Shareholder/Applicant.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 14, 2024.
The Rights Issue opens on May 29, 2024, and closes on Jun 6, 2024, with renunciation of Rights Entitlements permitted up to Jun 3, 2024.
The deemed date of allotment is Jun 14, 2024, following which the equity shares are expected to be credited to demat accounts on Jun 19, 2024 and listed at the BSE on Jun 20, 2024.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the DSJ keep Learning Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, May 14, 2024
Entitlement Ratio
7 : 9
Open Date
Wed, May 29, 2024
Close Date
Thu, Jun 6, 2024
The full amount of Re 1/- Equity share is payable on application by the Eligible Shareholder/Applicant.
DSJ keep Learning Limited's revenue increased by 16.09% and profit after tax (PAT) dropped by -95.11% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4.40 | 4.42 | 4.79 |
| Revenue | 1.63 | 5.75 | 4.95 |
| Profit After Tax | 0.22 | 0.06 | 1.27 |
| Amount in ₹ Crore | |||
DSJ Keep Learning Limited, formerly known as DSJ Communications Limited, was founded in 1989 and provides comprehensive educational services.
The company's list of services includes campus enablement, online programs for continuing education, quality assurance mentoring for institutes and universities, research publications, etc. The company also provides keeplearningOS (kOS), an IT-enabled product for educational institutions that automates the entire education system from admissions to results, class schedules, faculty assignments, announcements, project work, assignment submissions, etc. kOS is currently used by more than 200 administrators/faculty members and more than 2300 students.
DSJ Keep Learning has three main lines of business:
1. Student Recruitment Services - In this area, the company provides staffing, processes, and technology to higher education institutions that enable them to efficiently outsource their entire student recruitment process.
2. Technology Platform - A SaaS platform to manage all of an institution's academic and institutional operations.
3. Program Delivery & Management Services - Providing trained personnel, processes, and technology for higher education institutions to deliver their offline degree programs online.
As of February 2024, the company has six (6) directors on its Board, including three (3) executive directors, three (3) non-executive directors, including two (2) independent directors, and one (1) woman director.
The company proposes to utilize the proceeds of the Issue towards the following objects:
[Dilip Davda] Though this RI is at par, it’s a “High Risk/ Low return” bet. The company has posted inconsistency with wild fluctuations in its bottom lines. Promoter’s holding has declined marginally. The counter is kept above par value by vested interest counters. There is no harm in skipping this at par bet. Read detail review...
DSJ keep Learning Rights Issue 2024 got oversubscribed by 2.08 times by the end of the bidding period with total bid quantity received by BSE of 14,18,47,847 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Jun 06 2024 17:00:00 | 14,18,47,847 | 2.08x |
DSJ keep Learning Limited
419-A, 4
Arun Chambers, Next to AC Market,
Tardeo, Mumbai - 400034
Mumbai, Maharashtra, 400034
The DSJ keep Learning Rights Issue 2024 opens on Wed, May 29, 2024, and closes on Thu, Jun 6, 2024.
DSJ keep Learning Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | Fri, Jun 28, 2024 |
| Last Date for renunciation of Rights Entitlements | Mon, Jun 3, 2024 |
| Issue Opening Date | Wed, May 29, 2024 |
| Issue Closing Date | Thu, Jun 6, 2024 |
| Date of Allotment (on or about) | Fri, Jun 14, 2024 |
| Date of Credit (on or about) | Wed, Jun 19, 2024 |
| Date of Listing (on or about) | Thu, Jun 20, 2024 |
You can apply for DSJ keep Learning Rights Issue 2024 in two ways:
Steps to apply for DSJ keep Learning Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for DSJ keep Learning Rights Issue 2024 using Registrar's website (R-WAP)
