₹48.99 Crores | Listing at BSE | Mon, Feb 2, 2026 - Mon, Mar 2, 2026
Galaxy Agrico Exports Ltd Rights Issue comprises 1.37 Cr equity shares aggregating to ₹48.99 Cr, offered at an issue price of ₹35.87 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Jan 23, 2026, with the Rights Issue being offered in the entitlement ratio of 5 : 1.
The term of payment is defined as following : The entire amount will be payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on [.]
The Rights Issue opens on Feb 2, 2026, and closes on Mar 2, 2026, with renunciation of Rights Entitlements permitted up to Feb 23, 2026.
The deemed date of allotment is [.] following which the equity shares are expected to be credited to demat accounts on and listed at the BSE on [.].
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Galaxy Agrico Exports Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Jan 23, 2026
Entitlement Ratio
5 : 1
Open Date
Mon, Feb 2, 2026
Close Date
Mon, Mar 2, 2026
The entire amount will be payable on application.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|
| Total Income | 7.48 | 6.16 |
| Profit After Tax | 2.02 | 1.45 |
| Amount in ₹ Crore | ||
Galaxy Agrico Exports Limited is an India-based public company incorporated in 1994, known for manufacturing agricultural, gardening and industrial tools under the “GALAXY” brand. It operates from Veraval, Gujarat.
The company produces hoes, shovels, pickaxes, mattocks, cultivator blades and other implements, using advanced forging technology. Its products are exported to over 39 countries worldwide, including Europe and the USA.
Galaxy Agrico also engages in trading of forged rings and bearings. It expanded production capacity significantly in the mid-1990s and continues to serve agriculture and industrial sectors globally.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Purchase the property in Hyderabad for commercial purpose | 20.00 |
| 2 | For Takeover of the Company for expansion of business | 10.00 |
| 3 | Working Capitalre quirements | 6.20 |
| 4 | General Corporate Purposes | 12.00 |
[Dilip Davda] GAEL is primarily engaged in the manufacturing of agricultural, gardening and industrial tools and related equipments. It marked clumsy financial performances with many information missing from the offer document. It has kept silence on its performance and has not given any info on its financial data post March 2025. The counter is well maintained above the RI price to tempt investors. Six-fold jump in its post-RI equity base may face its servicing issue. The RI is priced exorbitantly, and investors may skip it being high risk/low return bet. Read detail review...
Galaxy Agrico Rights Issue 2026 got subscribed by 0.96 times by the end of the bidding period with total bid quantity received by BSE of 1,31,59,683 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Mar 02 2026 17:00:00 | 1,31,59,683 | 0.96x |
Galaxy Agrico Exports Ltd
236, Jai Kishan Industrial Estate,
Behind Murlidhar Weigh Bridge,
Shapar
Rajkot, 360024
Purva Sharegistry (India) Pvt.Ltd.
The Galaxy Agrico Rights Issue 2026 opens on Mon, Feb 2, 2026, and closes on Mon, Mar 2, 2026.
Galaxy Agrico Rights Issue 2026 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Mon, Feb 23, 2026 |
| Issue Opening Date | Mon, Feb 2, 2026 |
| Issue Closing Date | Mon, Mar 2, 2026 |
| Date of Allotment (on or about) | |
| Date of Credit (on or about) | |
| Date of Listing (on or about) |
You can apply for Galaxy Agrico Rights Issue 2026 in two ways:
Steps to apply for Galaxy Agrico Rights Issue 2026 using Net Banking (ASBA)
Steps to apply for Galaxy Agrico Rights Issue 2026 using Registrar's website (R-WAP)
