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Franklin Industries Ltd Rights Issue (Franklin Industries Rights Issue 2024) Detail

May 24, 2024 - June 11, 2024
Franklin Industries Ltd Logo

Incorporated in February 1983, Franklin Industries Limited is a company that trades in agricultural commodities, such as wheat, rice, maize, vegetables (including capsicum, tomato, etc.), fruits (including mango, watermelon, grapes, etc.), and other agricultural products. The company also provides contract manufacturing services for agricultural products such as cucumber, onion, and castor. We source these products from manufacturers by paying an advance payment or according to agreed terms, and then sell them to our network of distributors. Through our presence in the market, we have developed strong relationships with both farmers and the wholesaler/retailer community.

Thecompany practices contract manufacturing by leasing agricultural land where they cultivate Cucumbers, Onions, and Castor. The company shares a part of the yield with the farmers who work on a contractual basis on the leased land, thereby supporting the local farmers' community.;

Franklin Industries Rights Issue 2024 Detail

Issue Open May 24, 2024 - June 11, 2024
Security Name Franklin Industries Ltd
Issue Size (Shares) 108,450,000
Issue Size (Amount) ₹38.83 Crores
Issue Price ₹3.58 per share
Face Value ₹1 per share
Listing At BSE
Terms of Payment

The Issue Price of Rs. 3.58/- per Equity Share shall be payable at the time of application.

Entitlement 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

Franklin Industries Rights Issue 2024 Issue Timetable

Last Date to buy sharesMay 10, 2024
Record Date May 13, 2024
Credit of Rights Entitlements
Bid/Offer Opens On May 24, 2024
Renunciation of Rights Entitlements
Bid/Offer Closes On June 11, 2024
Deemed Date of Allotment
Credit Date
Listing Date

Company Financials

Franklin Industries Ltd Financial Information (Restated)

Franklin Industries Ltd's revenue increased by 20.14% and profit after tax (PAT) rose by 2973.71% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets9.8211.336.34
Revenue20.5217.0815.17
Profit After Tax0.210.0115.17
Reserves and Surplus0.480.260.25
Amount in ₹ Crore

Franklin Industries Rights Issue 2024 Documents

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Company Contact Information

Franklin Industries Ltd
301, SIGNATURE 01,NR.JAGUAR SHOWROOM,S.G
HIGHWAY,MAKARBA,
Jivraj Park, Ahmedabad,-380051

Phone: +917621806491
Email: muradprop1983@gmail.com
Website: https://www.franklinindustries.in/

Franklin Industries Rights Issue 2024 Registrar

Franklin Industries Rights Issue 2024 Lead Manager(s)

Find Franklin Industries Rights Issue 2024 Latest Update

Franklin Industries Rights Issue 2024 FAQs

The Franklin Industries Rights Issue 2024 opens on May 24, 2024, and closes on June 11, 2024.

Franklin Industries Rights Issue 2024 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateMay 24, 2024
Issue Closing DateJune 11, 2024
Date of Allotment (on or about)
Date of Credit (on or about)
Date of Listing (on or about)

Franklin Industries Rights Issue 2024 price is set at ₹3.58 per share per equity share.

The eligible shareholders are being offered 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (May 13, 2024).

The record date for the Franklin Industries Rights Issue 2024 is May 13, 2024.

The issue size of Franklin Industries Rights Issue 2024 is of 108,450,000 equity shares at ₹3.58 per share aggregating upto ₹38.83 Crores.

The Letter of Offer for Franklin Industries Rights Issue 2024 can be download here.

You can apply for Franklin Industries Rights Issue 2024 in two ways:

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

Steps to apply for Franklin Industries Rights Issue 2024 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 Franklin Industries Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Franklin Industries Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Franklin Industries Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Franklin Industries Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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