₹14.40 Crores | Listing at BSE | Mon, Apr 15, 2024 - Tue, Apr 30, 2024
Markobenz Ventures Limited Rights Issue comprises 1.44 Cr equity shares aggregating to ₹14.40 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Mar 27, 2024, with the Rights Issue being offered in the entitlement ratio of 3 : 1.
The term of payment is defined as following : The amount of Rs.10/- per Rights Equity Share to be paid on Application
The Rights Entitlements are expected to be credited to eligible demat accounts on .
The Rights Issue opens on Apr 15, 2024, and closes on Apr 30, 2024, with renunciation of Rights Entitlements permitted up to Apr 16, 2024.
The deemed date of allotment is [.] following which the equity shares are expected to be credited to demat accounts on and listed at the BSE on [.].
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Markobenz Ventures Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Mar 27, 2024
Entitlement Ratio
3 : 1
Open Date
Mon, Apr 15, 2024
Close Date
Tue, Apr 30, 2024
The amount of Rs.10/- per Rights Equity Share to be paid on Application
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 0.02 | 0.02 | 0.02 |
| Profit After Tax | -0.17 | -0.11 | -0.14 |
| Net Worth | -7.21 | -7.04 | |
| Amount in ₹ Crore | |||
Founded in October 1985, Markobenz Ventures Limited, formerly Evergreen Textiles Limited, was originally engaged in manufacturing, bleaching, dyeing, printing, and knitting high-pile fur fabrics, as well as cloth and other fabrics made from various materials, such as acrylic, polyester, cotton, silk, artificial silk, wool, and other suitable materials.
The company has resumed trading agricultural commodities under the guidance of Nirupama Khandke, its Promoter. Markobenz Ventures Limited is a Mumbai-based company that now trades in organic agricultural commodities in the B2B sector.
The company operates offline and specializes in bulk trading with prominent regional merchants. Their core offerings include loose packaging of organic fennel seed, organic cumin (jeera), cotton, and turmeric.
The Objects of the Issue are: -
[Dilip Davda] Though this RI is at par, and appears tempted with huge difference compared to its latest traded price, it appears to be a trap to lure investors in the company that has carried forward losses. Four-fold equity post RI may face its servicing issue. Heavy decline in promoters’ holding is also a major concern. It just has 3 employees as of the date of this offer document. There is no harm in skipping this “High Risk/No Return” bet having temptation. Read detail review...
Markobenz Ventures Limited Rights Issue 2024 got oversubscribed by 1.48 times by the end of the bidding period with total bid quantity received by BSE of 2,13,67,349 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Apr 30 2024 17:00:00 | 2,13,67,349 | 1.48x |
Markobenz Ventures Limited
Office No. 144, 14th Floor
Atlanta Building Plot No 209,
Jamnalal Bajaj Road, Nariman Point, Mumbai-40002
Nariman Point, Maharashtra
Purva Sharegistry (India) Pvt.Ltd.
The Markobenz Ventures Limited Rights Issue 2024 opens on Mon, Apr 15, 2024, and closes on Tue, Apr 30, 2024.
Markobenz Ventures Limited Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | Thu, Apr 18, 2024 |
| Last Date for renunciation of Rights Entitlements | Tue, Apr 16, 2024 |
| Issue Opening Date | Mon, Apr 15, 2024 |
| Issue Closing Date | Tue, Apr 30, 2024 |
| Date of Allotment (on or about) | |
| Date of Credit (on or about) | |
| Date of Listing (on or about) |
You can apply for Markobenz Ventures Limited Rights Issue 2024 in two ways:
Steps to apply for Markobenz Ventures Limited Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for Markobenz Ventures Limited Rights Issue 2024 using Registrar's website (R-WAP)
