₹49.28 Crores | Listing at BSE | Mon, Jul 22, 2024 - Mon, Aug 5, 2024
Lesha Industries Ltd. Rights Issue comprises 17.60 Cr equity shares aggregating to ₹49.28 Cr, offered at an issue price of ₹2.8 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Jul 12, 2024, with the Rights Issue being offered in the entitlement ratio of 8 : 5.
The term of payment is defined as following : The full amount of Rs2.80/- per Equity Share is payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 13, 2024.
The Rights Issue opens on Jul 22, 2024, and closes on Aug 5, 2024, with renunciation of Rights Entitlements permitted up to Jul 27, 2024.
The deemed date of allotment is Aug 13, 2024, following which the equity shares are expected to be credited to demat accounts on Aug 17, 2024 and listed at the BSE on Aug 19, 2024.
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Lesha Industries Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Jul 12, 2024
Entitlement Ratio
8 : 5
Open Date
Mon, Jul 22, 2024
Close Date
Mon, Aug 5, 2024
The full amount of Rs2.80/- per Equity Share is payable on application.
Lesha Industries Ltd.'s revenue decreased by -4.7% and profit after tax (PAT) dropped by -51.46% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 22.42 | 22.56 |
| Revenue | 6.91 | 7.25 |
| Profit After Tax | 0.19 | 0.40 |
| Net Worth | 18.26 | 18.06 |
| Reserves and Surplus | -0.46 | -0.46 |
| Total Borrowing | 0.46 | 0.37 |
| Amount in ₹ Crore | ||
Founded in November 1992, Lesha Industries Limited operates in the chemical products business.
The company trades in various types of chemical compounds, both organic and inorganic, in solid, liquid, and gaseous forms. They also deal in organic heavy chemicals, acids, alkalies, tannin extracts, solvents, dyestuffs, dyes, intermediates, bulk drugs, and their intermediates, color, chemical auxiliaries, biochemicals, and related preparations, articles, and products both within and outside India.
Additionally, the company also trades in liquid bromine, a reddish-brown liquid used in fire-retardant compounds, as well as in the agro and pharma chemical industries.
The company proposes to utilize the net proceeds in the following manner:-
[Dilip Davda] The company is in the business of trading in steel products, chemicals and other commodities. It has posed minuscule financial performance with exception FY24 which has other income of Rs. 6.55 cr. High level of post-RI equity may face servicing issue. There is no harm in skipping this risky bet. Read detail review...
Lesha Industries Rights Issue 2024 got subscribed by 0.59 times by the end of the bidding period with total bid quantity received by BSE of 10,35,13,264 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Aug 05 2024 17:00:00 | 10,35,13,264 | 0.59x |
Lesha Industries Ltd.
7thFloor, Ashoka Chamber
Mithakali Six Roads
Ahmedabad-380006,
Ahmedabad, Gujarat, 380006
Purva Sharegistry (India) Pvt.Ltd.
The Lesha Industries Rights Issue 2024 opens on Mon, Jul 22, 2024, and closes on Mon, Aug 5, 2024.
Lesha Industries Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | Wed, Jul 17, 2024 |
| Last Date for renunciation of Rights Entitlements | Sat, Jul 27, 2024 |
| Issue Opening Date | Mon, Jul 22, 2024 |
| Issue Closing Date | Mon, Aug 5, 2024 |
| Date of Allotment (on or about) | Tue, Aug 13, 2024 |
| Date of Credit (on or about) | Sat, Aug 17, 2024 |
| Date of Listing (on or about) | Mon, Aug 19, 2024 |
You can apply for Lesha Industries Rights Issue 2024 in two ways:
Steps to apply for Lesha Industries Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for Lesha Industries Rights Issue 2024 using Registrar's website (R-WAP)
