Eureka Industries Ltd. Rights Issue (Eureka Industries Rights Issue March 2025) Detail

₹49.00 Crores | Listing at BSE | Wed, Apr 9, 2025 - Thu, May 8, 2025

Eureka Industries Ltd. Logo

Eureka Industries Ltd. Rights Issue comprises 4.90 Cr equity shares aggregating to ₹49.00 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is Mar 28, 2025, with the Rights Issue being offered in the entitlement ratio of 28 : 5.

The term of payment is defined as following : All money payable at the time of Application.

The Rights Entitlements are expected to be credited to eligible demat accounts on May 12, 2025.

The Rights Issue opens on Apr 9, 2025, and closes on May 8, 2025, with renunciation of Rights Entitlements permitted up to Apr 22, 2025.

The deemed date of allotment is May 12, 2025, following which the equity shares are expected to be credited to demat accounts on May 15, 2025 and listed at the BSE on May 17, 2025.

Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Eureka Industries Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Mar 28, 2025

Entitlement Ratio

28 : 5

Open Date

Wed, Apr 9, 2025

Close Date

Thu, May 8, 2025

Rights Issue Details

Rights Issue Timetable

Eureka Industries Ltd. Financial Information (Restated)

Period Ended31 Mar 202431 Mar 2023
Assets1.547.36
Revenue19.258.39
Profit After Tax-4.56-0.41
Amount in ₹ Crore

About Eureka Industries Ltd.

Incorporated in 1992, Eureka Industries Limited is engaged in the trading of agricultural commodities, offering a diverse portfolio that includes wheat, rice, paddy, maize, and pulses. Committed to quality and reliability, the company plays a vital role in the agricultural supply chain, ensuring a steady supply of premium-grade food grains to meet market demands.

The Company has been listed on the Bombay Stock Exchange (BSE Ltd) Since 06th May 1994.

Objects of the Issue:

The Company intends to utilize the proceeds raised through the Issue:

  1. To Repayment of Loan.
  2. Incremental Working Capital Requirements; and
  3. General Corporate Purpose.

The Issue has been Withdrawn.

Rights Issue Review

[Dilip Davda] EIL is engaged in the business of trading in agricultural products and goods. It has posted losses till FY24, and operating in a highly competitive and fragmented segment. Its offer document has many errors in financial data, and has not given any financial performance for the FY25 broker period. The promoters’ holding is “Zero”. Post-RI equity base of Rs. 57.75 cr. may face its servicing issue. Simply stay away from this offer even though it is at par. Read detail review...

Rights Issue Subscription Status

Eureka Industries Rights Issue March 2025 got oversubscribed by 1.14 times by the end of the bidding period with total bid quantity received by BSE of 5,60,73,817 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

May 08 2025 17:00:00

5,60,73,817

1.14x

Company Contact Information

Eureka Industries Ltd.
1001 Shitiratna, 10th Floor,
Panchwati, Ellisbridge,
Ahmedabad, Gujarat, 380006 India
Ahmedabad, Gujarat, 380006

Rights Issue Registrar

Skyline Financial Services Pvt.Ltd.

Rights Issue FAQs

The Eureka Industries Rights Issue March 2025 opens on Wed, Apr 9, 2025, and closes on Thu, May 8, 2025.

Eureka Industries Rights Issue March 2025 Schedule

Last Date for credit of Rights EntitlementsFri, Apr 4, 2025
Last Date for renunciation of Rights EntitlementsTue, Apr 22, 2025
Issue Opening DateWed, Apr 9, 2025
Issue Closing DateThu, May 8, 2025
Date of Allotment (on or about)Mon, May 12, 2025
Date of Credit (on or about)Thu, May 15, 2025
Date of Listing (on or about)Sat, May 17, 2025
Eureka Industries Rights Issue March 2025 price is set at ₹10 per share.
The eligible shareholders are being offered 28 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (Fri, Mar 28, 2025).
The record date for the Eureka Industries Rights Issue March 2025 is Fri, Mar 28, 2025.
The issue size of Eureka Industries Rights Issue March 2025 is of 4,90,00,000 equity shares at ₹10 per share aggregating up to ₹49.00 Crores.
The Letter of Offer for Eureka Industries Rights Issue March 2025 can be downloaded here.

You can apply for Eureka Industries Rights Issue March 2025 in two ways:

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

Steps to apply for Eureka Industries Rights Issue March 2025 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 Eureka Industries Rights Issue March 2025 is available on the list.
  4. Click the Apply button next to the Eureka Industries Rights Issue March 2025.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Eureka Industries Rights Issue March 2025 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Eureka Industries Rights Issue March 2025 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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