₹48.17 Crores | Listing at BSE | Tue, May 2, 2023 - Thu, May 18, 2023
Prerna Infrabuild Limited Rights Issue comprises 2.41 Cr equity shares aggregating to ₹48.17 Cr, offered at an issue price of ₹20 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Apr 21, 2023, with the Rights Issue being offered in the entitlement ratio of 2:1.
As per the terms of payment, ₹20 per share payable in full at the time of application.
The Rights Issue opens on May 2, 2023 and closes on May 18, 2023.
The deemed date of allotment is May 23, 2023, following which the equity shares are expected to be credited to demat accounts on May 25, 2023 and listed on the BSE on Apr 29, 2023.
Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Prerna Infrabuild Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Apr 21, 2023
Entitlement Ratio
2 : 1
Open Date
Tue, May 2, 2023
Close Date
Thu, May 18, 2023
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 40.39 | 10.41 | 0.01 | 32.64 | 10.27 | 4.67 |
| 31-Mar-21 | 39.26 | 4.60 | -0.14 | 32.50 | 10.13 | 3.25 |
| 31-Mar-22 | 43.42 | 23.86 | 5.87 | 38.37 | 16.00 | 0.85 |
| 31-Dec-22 | 77.72 | 13.54 | 7.05 | 45.42 | 23.05 | 20.59 |
| Amount in ₹ Crore | ||||||
Incorporated in 1983, Prerna Infrabuild Limited is engaged in the business of developing residential buildings. The Company has its business interests in commercial and residential real estate projects.
The company's top management includes Mr. Vijay C Shah, Mr.Sanket V Shah, and Mrs. Nalini V Shah.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
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Prerna Infrabuild Limited
“ PRERNA “, Survey No.820/1,
Makarba In Lane of Panchwati Auto,
Opp. Ananddham Derasar,S.G.Road, Ahmedabad - 38005
Ahmedabad, Gujarat
The Prerna Infrabuild Rights Issue 2023 opens on Tue, May 2, 2023, and closes on Thu, May 18, 2023.
Prerna Infrabuild Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Mon, May 15, 2023 |
| Issue Opening Date | Tue, May 2, 2023 |
| Issue Closing Date | Thu, May 18, 2023 |
| Date of Allotment (on or about) | Tue, May 23, 2023 |
| Date of Credit (on or about) | Thu, May 25, 2023 |
| Date of Listing (on or about) | Sat, Apr 29, 2023 |
You can apply for Prerna Infrabuild Rights Issue 2023 in two ways:
Steps to apply for Prerna Infrabuild Rights Issue 2023 using Net Banking (ASBA)
Steps to apply for Prerna Infrabuild Rights Issue 2023 using Registrar's website (R-WAP)
