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Joonktollee Tea & Industries Limited Rights Issue (Joonktollee Tea & Industries Rights Issue) Detail

Feb 4, 2022 - Feb 18, 2022
Joonktollee Tea & Industries Limited Logo

Joonktollee Tea & Industries is mainly engaged in the business of cultivation and manufacturing of Tea. In addition, the company also has cultivation activity of Coffee and Rubber. The company sells its Coffee through an auction sale in bulk to the export houses exporting in Europe, and Rubber to other manufacturers in different industries in India.
The company has taken several large-scale initiatives and has invested in equipment like vibratory fluidized bed dryers, enclosed withering troughs, modern humidification plants to improve quality and productivity. The company has also invested in irrigation facilities in all its estates.
The Company's tea garden area under cultivation is spread over 1827.55 hectares in Northeast and South India. The company's Coffee and Rubber gardens are in South India.

Joonktollee Tea & Industries Rights Issue Detail

Issue Open Feb 4, 2022 - Feb 18, 2022
Security Name Joonktollee Tea & Industries Limited
Issue Size (Shares) 0.41 Crores
Issue Size (Amount) ₹24.85 Crores
Issue Price ₹60 per share
Face Value ₹10 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE
Terms of Payment The full amount of Rs. 60 per Equity Share is payable on application.
Entitlement 1 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record date

Joonktollee Tea & Industries Rights Issue Issue Timetable

Bid/Offer Opens On Feb 4, 2022
Bid/Offer Closes On Feb 18, 2022
Record Date Jan 19, 2022
Deemed Date of Allotment Feb 28, 2022
Renunciation of Rights Entitlements Feb 14, 2022

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 2,350.38 2,259.24
Total Income 1,074.87 930.62
Profit After Tax -95.60 -242.77

Objects of the Issue:

  • Repayment of unsecured loans;
  • Meet the expenses of the issue.

Joonktollee Tea & Industries Rights Issue Documents

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Company Contact Information

Joonktollee Tea & Industries Limited
21, Strand Road
Kolkata – 700001,
West Bengal

Phone: +91 33 22300780
Email: cs@joonktolleetea.in
Website: https://www.joonktolleetea.in/

Joonktollee Tea & Industries Rights Issue Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: http://www.bigshareonline.com

Joonktollee Tea & Industries Rights Issue Lead Manager(s)