₹4.86 Crores | Listing at BSE | Tue, Feb 18, 2025 - Thu, Feb 27, 2025
Ganesh Holdings Ltd. Rights Issue comprises 0.0486 Cr equity shares aggregating to ₹4.86 Cr, offered at an issue price of ₹100 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Feb 5, 2025, with the Rights Issue being offered in the entitlement ratio of 6 : 5.
The term of payment is defined as following : The full amount of the Issue Price being ₹100 /- will be payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Mar 5, 2025.
The Rights Issue opens on Feb 18, 2025, and closes on Feb 27, 2025, with renunciation of Rights Entitlements permitted up to Feb 21, 2025.
The deemed date of allotment is Mar 5, 2025, following which the equity shares are expected to be credited to demat accounts on Mar 10, 2025 and listed at the BSE on Mar 12, 2025.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Ganesh Holdings Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Feb 5, 2025
Entitlement Ratio
6 : 5
Open Date
Tue, Feb 18, 2025
Close Date
Thu, Feb 27, 2025
The full amount of the Issue Price being ₹100 /- will be payable on application.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2.05 | 2.04 | 2.12 |
| Revenue | 0.14 | 0.2 | 0.03 |
| Profit After Tax | -0.04 | 0.03 | -0.13 |
| Amount in ₹ Crore | |||
Incorporated in 1982, Ganesh Holdings Limited is a Non-Banking Financial Company (NBFC-ND) registered with RBI to carry on the NBFC activities. The company primarily focuses on investment activities like buying, holding, and trading shares, stocks, debentures, bonds, and other securities they also provide financing to industrial enterprises, corporations, and individuals, with the ability to invest in land, buildings, factories, and other properties as well.
The Company intends to utilise the net proceeds from the Issue (the “Net Proceeds”) towards funding of the following objects:
[Dilip Davda] GHL is engaged in the business of trading and investment in securities market as well as providing unsecured financing to individuals and small businesses. The counter has thin and rare volume with manipulated level above RI price. It posted minuscule financial performances with losses for reported periods except for FY23. The issue appears exorbitantly priced based on its financial parameters. It is a big surprise as to how and why the company has been permitted for a RI? Simply stay away from this” High Risk/No Return” pricey bet. Read detail review...
Ganesh Holdings Rights Issue 2025 got oversubscribed by 1.18 times by the end of the bidding period with total bid quantity received by BSE of 5,72,854 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Feb 27 2025 17:00:00 | 5,72,854 | 1.18x |
Ganesh Holdings Ltd.
: Center Plaza, Office No. 607
Daftary Road, Shivaji Chowk
Malad-East, Mumbai,– 400 097
Mumbai, Maharashtra, 400097
The Ganesh Holdings Rights Issue 2025 opens on Tue, Feb 18, 2025, and closes on Thu, Feb 27, 2025.
Ganesh Holdings Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Mon, Feb 17, 2025 |
| Last Date for renunciation of Rights Entitlements | Fri, Feb 21, 2025 |
| Issue Opening Date | Tue, Feb 18, 2025 |
| Issue Closing Date | Thu, Feb 27, 2025 |
| Date of Allotment (on or about) | Wed, Mar 5, 2025 |
| Date of Credit (on or about) | Mon, Mar 10, 2025 |
| Date of Listing (on or about) | Wed, Mar 12, 2025 |
You can apply for Ganesh Holdings Rights Issue 2025 in two ways:
Steps to apply for Ganesh Holdings Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Ganesh Holdings Rights Issue 2025 using Registrar's website (R-WAP)
