₹22.70 Crores | Listing at BSE | Thu, Feb 16, 2023 - Fri, Mar 17, 2023
Edvenswa Enterprises Limited Rights Issue comprises 0.9080 Cr equity shares aggregating to ₹22.70 Cr, offered at an issue price of ₹25 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Feb 7, 2023.
As per the terms of payment, ₹25 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Feb 15, 2023.
The Rights Issue opens on Feb 16, 2023 and closes on Mar 17, 2023.
The deemed date of allotment is Mar 25, 2023, following which the equity shares are expected to be credited to demat accounts on Mar 27, 2023 and listed on the BSE on Mar 31, 2023.
Finshore Management Services 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 Edvenswa Enterprises Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Feb 7, 2023
Entitlement Ratio
:
Open Date
Thu, Feb 16, 2023
Close Date
Fri, Mar 17, 2023
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-22 | 24.71 | 39.06 | 3.73 | 18.84 |
| 30-Sep-22 | 1.93 | 22.3 | 2.62 | 21.48 |
| Amount in ₹ Crore | ||||
Incorporated in 1980, Edvenswa Enterprises Limited is engaged in the business of providing a range of Information Technology solutions to companies. The services are offered across sectors like Healthcare & Life Sciences, Supply Chain & Logistics, Banking & Financial Services, Energy, Education, and Environment, etc.
Edvenswa Group endeavors to bring elements like creativity and knowledge and incorporate the same with a positive business strategy. This way they fulfill the requirements of diverse clients with an inclusive range of services. The services of the company are comprehensive and cost-effective so that the client can focus on their core competencies to improve or expand their businesses.
The various services offered by our Company are UI/UX Design & Development; Rapid Prototyping & Product Development for Customers; Big Data, Analytics & Data Science related Services; Enterprise Application Engineering; Software Quality Assurance; Business Process Automation using Robotic Process Automation (RPA) tools; Data Management & Integration; Social/Mobile Application Development; Application Integration, Maintenance & Migration Services; Cloud Migration Services; DevOps Engineering; Application Integration; Mobile Application Development & Integration; and Extended R&D Partnering, etc.
The Objects of the Issue are:
[Dilip Davda] The company has posted limited financial data post transactions between KLK Electricals and Edvenswa Tech INC. Considering its financial data for the last 18 months and the ongoing market price, this RI is at an attractive discount, investors may park funds with a long-term perspective. Read detail review...
Edvenswa Enterprises Limited
Plot No. 85, Shop No.1, 4th Street,
Ganesh Avenue, Sakthi Nagar, Porur,
Chennai - 600116
Chennai, Tamil Nadu, 600116
The Edvenswa Enterprises Rights Issue 2023 opens on Thu, Feb 16, 2023, and closes on Fri, Mar 17, 2023.
Edvenswa Enterprises Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | Wed, Feb 15, 2023 |
| Last Date for renunciation of Rights Entitlements | Mon, Mar 13, 2023 |
| Issue Opening Date | Thu, Feb 16, 2023 |
| Issue Closing Date | Fri, Mar 17, 2023 |
| Date of Allotment (on or about) | Sat, Mar 25, 2023 |
| Date of Credit (on or about) | Mon, Mar 27, 2023 |
| Date of Listing (on or about) | Fri, Mar 31, 2023 |
You can apply for Edvenswa Enterprises Rights Issue 2023 in two ways:
Steps to apply for Edvenswa Enterprises Rights Issue 2023 using Net Banking (ASBA)
Steps to apply for Edvenswa Enterprises Rights Issue 2023 using Registrar's website (R-WAP)
