₹49.93 Crores | Listing at BSE, NSE | Tue, Jun 11, 2024 - Tue, Jun 25, 2024
Integra Essentia Limited Rights Issue comprises 15.36 Cr equity shares aggregating to ₹49.93 Cr, offered at an issue price of ₹3.25 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Jun 1, 2024, with the Rights Issue being offered in the entitlement ratio of 20 : 119.
The term of payment is defined as following : As per Terms of Payment : Issue Price - Fully payable on Application
The Rights Entitlements are expected to be credited to eligible demat accounts on [.]
The Rights Issue opens on Jun 11, 2024, and closes on Jun 25, 2024, with renunciation of Rights Entitlements permitted up to Jun 20, 2024.
The deemed date of allotment is Jul 29, 2024, following which the equity shares are expected to be credited to demat accounts on Jul 2, 2024 and listed at the NSE and the BSE on Jul 5, 2024.
Novus Capital Advisors Private Limited is the Lead Manager to the issue and 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
Sat, Jun 1, 2024
Entitlement Ratio
20 : 119
Open Date
Tue, Jun 11, 2024
Close Date
Tue, Jun 25, 2024
As per Terms of Payment : Issue Price - Fully payable on Application
Integra Essentia Limited's revenue increased by 257.83% and profit after tax (PAT) rose by 512.59% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 186.00 | 160.97 | 16.88 | 0.16 |
| Revenue | 194.97 | 245.50 | 68.61 | 0.00 |
| Profit After Tax | 9.49 | 6.67 | 1.09 | -0.61 |
| Net Worth | 112.33 | 75.41 | -29.11 | -30.20 |
| Total Borrowing | 0.85 | 0.03 | 0.03 | 0.03 |
| Amount in ₹ Crore | ||||
Established in 2007, Integra Essentia Limited, previously known as Integra Garments and Textiles Limited and Five Star Mercantile Private Limited, operates in the essential goods sector, i.e. food, apparel, infrastructure, and energy.
The company deals in food (agricultural products), apparel (textiles and clothing), infrastructure (materials and services for infrastructure construction and development) and energy (materials, products and services for renewable energy plants and projects) as well as other ancillary products and services required for modern life.
The company has also acquired a winery, Chateau Indage Winery, further to strengthen its presence in the consumer goods supply chain.
The company does not manufacture/trade in textiles and clothing itself, but through third parties, such as contract manufacturers, etc.
As on December 31, 2023, the company had 13 employees.
The company intends to utilize the Net Proceeds from this Issue towards the following objects:
[Dilip Davda] This is the 3rd RI from the company since May 2022. The counter is well managed by vested interests to tempt investors. The company’s performance has been average for the reported periods. Based on its recent price movement on the exchanges, this RI appears greedily priced. Its post RI equity base of Rs. 106 cr. plus indicates servicing issue. There is no harm in skipping this risky bet that has very low promoter’s holding. Read detail review...
Integra Essentia Rights Issue 2024 got oversubscribed by 1.19 times by the end of the bidding period with total bid quantity received by BSE and NSE of 18,29,76,105 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Jun 25 2024 16:50:00 | 14,07,07,601 | 4,22,68,504 | 18,29,24,425 | 1.19x |
Integra Essentia Limited
Unit No. 607, 6th Floor,
Pearls Best Heights - II, Netaji Subhash Place,
New Delhi-110034
New Delhi, New Delhi, 110034
Skyline Financial Services Pvt.Ltd.
The Integra Essentia Rights Issue 2024 opens on Tue, Jun 11, 2024, and closes on Tue, Jun 25, 2024.
Integra Essentia Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Thu, Jun 20, 2024 |
| Issue Opening Date | Tue, Jun 11, 2024 |
| Issue Closing Date | Tue, Jun 25, 2024 |
| Date of Allotment (on or about) | Mon, Jul 29, 2024 |
| Date of Credit (on or about) | Tue, Jul 2, 2024 |
| Date of Listing (on or about) | Fri, Jul 5, 2024 |
You can apply for Integra Essentia Rights Issue 2024 in two ways:
Steps to apply for Integra Essentia Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for Integra Essentia Rights Issue 2024 using Registrar's website (R-WAP)
