FREE Account Opening + No Clearing Fees
Loading...

Gautam Gems Limited Rights Issue (Gautam Gems Rights Issue 2022) Detail

September 15, 2022 - October 14, 2022
Gautam Gems Limited Logo

Incorporated in 2014, Gautam Gems Limited is an Importer, Exporter and Manufacturer of rough and polished diamonds. The company's registered and corporate office is located in Surat, which is the diamond hub of India.

Gautam Gems sell diamonds of multiple category, shape, cut, size and colour. The company offers Round Brilliant and All Fancy shape, 0.18 cts upto 15.00 its Size and D to N colour with all type of Fancy colour kind of diamonds is demanded by the customers.

The company have created and maintained an independent sales and distribution network for the products within the Domestic markets. Further to ensure customer satisfaction, quality supply of diamonds, timely delivery of orders and purchase-sale of authentic diamonds, Gautam Gems deals with the suppliers and customers on mutually agreed terms.

Gautam Gems Rights Issue 2022 Detail

Issue Open September 15, 2022 - October 14, 2022
Security Name Gautam Gems Limited
Issue Size (Shares) 40,268,236
Issue Size (Amount) ₹44.30 Crores
Issue Price ₹11 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment The amount of Rs 2.75 per share has to be paid at the time of Application, Rs 5.50 Per Issue Share shall be payable on First Call and Rs. 2.75 Per Issue Share shall be payable on Second Call.
Entitlement 4 Equity Shares for every 1 Equity Shares held on the Record Date

Gautam Gems Rights Issue 2022 Issue Timetable

Record Date September 1, 2022
Credit of Rights Entitlements September 6, 2022
Bid/Offer Opens On September 15, 2022
Renunciation of Rights Entitlements September 26, 2022
Bid/Offer Closes On October 14, 2022
Deemed Date of Allotment October 12, 2022
Credit Date October 14, 2022
Listing Date October 17, 2022

Company Financials

Gautam Gems Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2015.29328.780.57
31-Mar-2137.2593.820.34
31-Mar-2249.52180.20.52
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the issue proceeds toward the following objects:

  • To meet the working capital requirements of the company.
  • To meet the Issue Expenses.
  • For General Corporate Expenses.
  • Repay whole or partial unsecured loan taken from Promoters.

Gautam Gems Rights Issue 2022 Documents

Gautam Gems Rights Issue 2022 Rating

7
4.7
Rating:Rated 4.7 stars
Vote Here ...

Gautam Gems Rights Issue 2022 Reviews

Company Contact Information

Gautam Gems Limited
3rd Floor, Office -301,
Sumukh Super Compound,
Vasta Devadi Road, Surat - 395004,

Phone: 0261-2538046
Email: complianceggl@gmail.com
Website: https://www.gautamgems.com/index.php

Gautam Gems Rights Issue 2022 Registrar

  1. Kfin Technologies Limited
    Phone: 04067162222, 04079611000
    Email: gautamgems.rights@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

Gautam Gems Rights Issue 2022 Lead Manager(s)

Gautam Gems Rights Issue 2022 FAQs

The Gautam Gems Rights Issue 2022 opens on September 15, 2022, and closes on October 14, 2022.

Gautam Gems Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsSeptember 6, 2022
Last Date for renunciation of Rights EntitlementsSeptember 26, 2022
Issue Opening DateSeptember 15, 2022
Issue Closing DateOctober 14, 2022
Date of Allotment (on or about)October 12, 2022
Date of Credit (on or about)October 14, 2022
Date of Listing (on or about)October 17, 2022

Gautam Gems Rights Issue 2022 price is set at ₹11 per share per equity share.

The eligible shareholders are being offered 4 Equity Shares for every 1 Equity Shares held on the Record Date (September 1, 2022).

The record date for the Gautam Gems Rights Issue 2022 is September 1, 2022.

The issue size of Gautam Gems Rights Issue 2022 is of 40,268,236 equity shares at ₹11 per share aggregating upto ₹44.30 Crores.

The Letter of Offer for Gautam Gems Rights Issue 2022 can be download here.

You can apply for Gautam Gems Rights Issue 2022 in two ways:

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

Steps to apply for Gautam Gems Rights Issue 2022 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 Gautam Gems Rights Issue 2022 available on the list.
  4. Click the Apply button next to the Gautam Gems Rights Issue 2022.
  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 Gautam Gems Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Gautam Gems Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

Compare rights issues with Gautam Gems Rights Issue 2022