₹30.80 Crores | Listing at NSE | Fri, Sep 29, 2023 - Mon, Oct 16, 2023
Dudigital Global Limited Rights Issue comprises 1.16 Cr equity shares aggregating to ₹30.80 Cr, offered at an issue price of ₹26.5 per share with a face value of ₹2 per share.
The record date for determining eligible shareholder is Sep 22, 2023, with the Rights Issue being offered in the entitlement ratio of 1 : 5.
The term of payment is defined as following : The entire amount of the Issue Price of ₹ 26.50/-(including premium of ₹ 24.50 per Rights Equity Share) 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 29, 2023, and closes on Oct 16, 2023, with renunciation of Rights Entitlements permitted up to Oct 10, 2023.
The deemed date of allotment is Oct 21, 2023, following which the equity shares are expected to be credited to demat accounts on Oct 24, 2023 and listed at the NSE on Oct 30, 2023.
Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Dudigital Global Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Sep 22, 2023
Entitlement Ratio
1 : 5
Open Date
Fri, Sep 29, 2023
Close Date
Mon, Oct 16, 2023
The entire amount of the Issue Price of ₹ 26.50/-(including premium of ₹ 24.50 per Rights Equity Share) per Rights Equity Share shall be payable at the time of Application.
| Period Ended | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 15.02 | 31.16 |
| Revenue | 9.81 | 38.20 |
| Profit After Tax | 0.13 | 0.67 |
| Net Worth | ||
| Reserves and Surplus | ||
| Total Borrowing |
Incorporated in 2007, Dudigital Global Limited, previously known as Diva Envitec Filtration Technologies Pvt Ltd,
The company has four business verticals:
[Dilip Davda] The company is in the tours and travel-related services which is a highly competitive and fragmented segment. Its financial performance for FY22 and FY23 has no match for the asking price. Based on its FY23 performance, the issue is greedily priced at a hefty P/E of over 540. The issue appears attractively priced based on its last traded price. However, well-informed investors may park funds for medium-term rewards. Read detail review...
Dudigital Global Rights Issue got oversubscribed by 1.52 times by the end of the bidding period with total bid quantity received by NSE of 1,76,73,500 shares. Check Day by Day Subscription Details (Live Status)
| Date | NSE Bid Quantity | Subscription Times |
|---|---|---|
Oct 16 2023 17:00:07 | 1,76,73,500 | 1.52x |
Dudigital Global Limited
C-4 SDA Community Centre
Hauz Khas,
New Delhi – 110016
New Delhi, New Delhi, 110016
The Dudigital Global Rights Issue opens on Fri, Sep 29, 2023, and closes on Mon, Oct 16, 2023.
Dudigital Global Rights Issue Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Tue, Oct 10, 2023 |
| Issue Opening Date | Fri, Sep 29, 2023 |
| Issue Closing Date | Mon, Oct 16, 2023 |
| Date of Allotment (on or about) | Sat, Oct 21, 2023 |
| Date of Credit (on or about) | Tue, Oct 24, 2023 |
| Date of Listing (on or about) | Mon, Oct 30, 2023 |
You can apply for Dudigital Global Rights Issue in two ways:
Steps to apply for Dudigital Global Rights Issue using Net Banking (ASBA)
Steps to apply for Dudigital Global Rights Issue using Registrar's website (R-WAP)
