Integra Essentia Limited Rights Issue (Integra Essentia Rights Issue 2022) Detail

₹49.80 Crores | Listing at BSE, NSE | Mon, May 16, 2022 - Fri, Jun 17, 2022

Integra Essentia Limited Logo

Integra Essentia Limited Rights Issue comprises 27.67 Cr equity shares aggregating to ₹49.80 Cr, offered at an issue price of ₹1.8 per share with a face value of ₹1 per share.

The record date for determining eligible shareholders is May 5, 2022.

As per the terms of payment, ₹1.8 per share payable in full at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on May 9, 2022.

The Rights Issue opens on May 16, 2022, and closes on Jun 17, 2022, with renunciation of Rights Entitlements permitted up to Jun 13, 2022.

The deemed date of allotment is Jun 20, 2022, following which the equity shares are expected to be credited to demat accounts on Jun 22, 2022 and listed on NSE and BSE on Jun 24, 2022.

Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Integra Essentia Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Thu, May 5, 2022

Entitlement Ratio

:

Open Date

Mon, May 16, 2022

Close Date

Fri, Jun 17, 2022

Rights Issue Details

Rights Issue Timetable

Summary of financial Information (Restated Statement)
Particulars For the year/period ended (Rs in Lakhs)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,149.16 15.70 35.14 1,967.48
Total Revenue 1,853.46 0.41 15.28 0.24
Profit After Tax 54.49 -60.55 -1339.64 -232.66

About Integra Essentia Limited

Incorporated in 2007, Integra Essentia Limited is engaged in the business of manufacturing, along with trading, dealing, importing, exporting, and selling textiles and fabrics. The company is also engaged in the business of Life Essentials i.e. food (agro products), clothing (textiles and garments), infrastructure (materials and services for construction and infrastructure development) and energy (materials, products and services for the renewable energy equipment and projects) and other ancillary products and services required to sustain the modern life. The company business model is based on client relationships that are established over some time rather than a project-based execution approach.

Objects of the Issue:

The objects of the issue are:

1. To meet working capital requirements of the Company.

2. General Corporate Purposes.

Rights Issue Review

[Dilip Davda] The company has posted dismal financial performance for the last three fiscals. The counter is a thinly traded one with some movements with vested interests. It is currently under GSM – Stage 4. Its financial performance is not matching the asking price. There is no harm in skipping this RI with aggressive pricing. Read detail review...

Company Contact Information

Integra Essentia Limited
Unit No. 902, 9th Floor,
Aggarwal Cyber Plaza-1,
Netaji Subhash Place, New Delhi -110034
New Delhi, New Delhi, 110034

Rights Issue Registrar

Skyline Financial Services Pvt.Ltd.

Rights Issue FAQs

The Integra Essentia Rights Issue 2022 opens on Mon, May 16, 2022, and closes on Fri, Jun 17, 2022.

Integra Essentia Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsMon, May 9, 2022
Last Date for renunciation of Rights EntitlementsMon, Jun 13, 2022
Issue Opening DateMon, May 16, 2022
Issue Closing DateFri, Jun 17, 2022
Date of Allotment (on or about)Mon, Jun 20, 2022
Date of Credit (on or about)Wed, Jun 22, 2022
Date of Listing (on or about)Fri, Jun 24, 2022
Integra Essentia Rights Issue 2022 price is set at ₹1.8 per share.
The eligible shareholders are being offered 33 Rights Equity Shares for every 13 fully paid-up Equity Shares held on the Record Date (Thu, May 5, 2022).
The record date for the Integra Essentia Rights Issue 2022 is Thu, May 5, 2022.
The issue size of Integra Essentia Rights Issue 2022 is of 27,66,84,812 equity shares at ₹1.8 per share aggregating up to ₹49.80 Crores.
The Letter of Offer for Integra Essentia Rights Issue 2022 can be downloaded here.

You can apply for Integra Essentia Rights Issue 2022 in two ways:

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

Steps to apply for Integra Essentia 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 Integra Essentia Rights Issue 2022 is available on the list.
  4. Click the Apply button next to the Integra Essentia Rights Issue 2022.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Integra Essentia Rights Issue 2022 using Registrar's website (R-WAP)

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

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