₹48.17 Crores | Listing at BSE | Wed, May 14, 2025 - Thu, Jun 12, 2025
Growington Ventures India Limited Rights Issue comprises 48.17 Cr equity shares aggregating to ₹48.17 Cr, offered at an issue price of ₹1 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Apr 29, 2025, with the Rights Issue being offered in the entitlement ratio of 3 : 1.
The term of payment is defined as following : The entire amount of the Issue Price of ₹1 per Rights Equity Share shall be payable at the time of Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 18, 2025.
The Rights Issue opens on May 14, 2025, and closes on Jun 12, 2025, with renunciation of Rights Entitlements permitted up to Jun 6, 2025.
The deemed date of allotment is Jun 18, 2025, following which the equity shares are expected to be credited to demat accounts on Jun 19, 2025 and listed at the BSE on Jun 25, 2025.
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Growington Ventures India Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Apr 29, 2025
Entitlement Ratio
3 : 1
Open Date
Wed, May 14, 2025
Close Date
Thu, Jun 12, 2025
The entire amount of the Issue Price of ₹1 per Rights Equity Share shall be payable at the time of Application.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 29.53 | 22.30 | 8.82 |
| Revenue | 31.09 | 20.56 | 0.00 |
| Profit After Tax | 1.76 | 1.26 | 0.00 |
| Net Worth | 0.00 | 0.00 | 0.00 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore | |||
Growington Ventures India Limited is the export and import of premium-quality fruits from India. The company offers an extensive portfolio of fresh produce, including Apples, Green Apples, Oranges, Mandarins, Pears, Kiwis, Dragon Fruits, Avocados, Red Globe Grapes, Plums, Nectarines, Peaches, Cherries, Blueberries, Grapefruits, Mango Stem, Ram Bhutan, Longan, Dates, Tamarind, and many others.
Over the years, Growington Ventures has built a competent procurement and distribution network, operating efficiently both within India and internationally. This infrastructure is a result of consistent hard work, strategic planning, and a deep understanding of global fruit trade dynamics.
With a diverse portfolio that includes Apples, Oranges, Kiwis, Grapes, Dragon Fruit, Avocados, Berries, Mango Stems, Dates, and many more, the company delivers fresh, nutritious produce that meets global standards of quality and safety
The Company intends to utilise the Net Proceeds from this Issue towards the following objects:
[Dilip Davda] Though this RI is at par, its financial data is very poor and post-RI four-time higher equity capital may witness its servicing issue. The counter witnessed momentum only post RI plans. It is in the highly competitive and fragmented segment. There is no harm in skipping this “High Risk/Low Return at par bet. Read detail review...
Growington Ventures India Rights Issue 2025 got oversubscribed by 1.13 times by the end of the bidding period with total bid quantity received by BSE of 54,33,56,173 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Jun 12 2025 17:00:00 | 54,33,56,173 | 1.13x |
Growington Ventures India Limited
Shiv Chamber,4th Floor
Plot No 21, Sector 11
CBD Belapur, Navi Mumbai- 400614
Navi Mumbai, Maharashtra, 400614
Purva Sharegistry (India) Pvt.Ltd.
The Growington Ventures India Rights Issue 2025 opens on Wed, May 14, 2025, and closes on Thu, Jun 12, 2025.
Growington Ventures India Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Tue, May 13, 2025 |
| Last Date for renunciation of Rights Entitlements | Fri, Jun 6, 2025 |
| Issue Opening Date | Wed, May 14, 2025 |
| Issue Closing Date | Thu, Jun 12, 2025 |
| Date of Allotment (on or about) | Wed, Jun 18, 2025 |
| Date of Credit (on or about) | Thu, Jun 19, 2025 |
| Date of Listing (on or about) | Wed, Jun 25, 2025 |
You can apply for Growington Ventures India Rights Issue 2025 in two ways:
Steps to apply for Growington Ventures India Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Growington Ventures India Rights Issue 2025 using Registrar's website (R-WAP)
