₹23.19 Crores | Listing at BSE | Fri, May 30, 2025 - Mon, Jun 9, 2025
Zodiac-jrd-mkj Ltd. Rights Issue comprises 0.5798 Cr equity shares aggregating to ₹23.19 Cr, offered at an issue price of ₹40 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is May 21, 2025, with the Rights Issue being offered in the entitlement ratio of 112 : 100.
The term of payment is defined as following : The full amount of Rs 40.00 per Equity Share is payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 13, 2025.
The Rights Issue opens on May 30, 2025, and closes on Jun 9, 2025, with renunciation of Rights Entitlements permitted up to Jun 3, 2025.
The deemed date of allotment is Jun 13, 2025, following which the equity shares are expected to be credited to demat accounts on Jun 19, 2025 and listed at the BSE on Jun 24, 2025.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Zodiac-jrd-mkj Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, May 21, 2025
Entitlement Ratio
112 : 100
Open Date
Fri, May 30, 2025
Close Date
Mon, Jun 9, 2025
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 67.92 | 69.68 |
| Revenue | 12.89 | 15.98 |
| Profit After Tax | -1.37 | 0.98 |
| Net Worth | 0.00 | 0.00 |
| Reserves and Surplus | 0.00 | 0.00 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore | ||
Incorporated in 1987, Zodiac-JRD-MKJ Limited is an India-based company specializing in the manufacturing, sale, and trading of gold and diamond jewelry, as well as cut and polished diamonds, precious stones, and semi-precious stones.
Zodiac-JRD-MKJ Limited offers a diverse product portfolio that includes cut and polished diamonds, gold and silver jewelry, precious and semi-precious stones, and rough diamonds.
The company operates primarily in India, with its headquarters situated in Mumbai.
As per the financial results for the fiscal year ending March 2024, the company recorded revenues of ₹108.85 million, reflecting a decline from ₹151.02 million reported in the previous year (2023)
The objects of the Issue are:
[Dilip Davda] ZJML, which was till now in diamond jewellery business is diversifying in to automotive components manufacturing. It posted de-growth in its top and bottom lines from FY22 to FY24 with inconsistency in bottom lines. For 9M of FY25 it posted small earnings with improved top line. Its diversification in automotive components is a big surprise for one and all. It is operating in a highly competitive and fragmented segment. Though the RI is at a discount of around 16.9%, it appears aggressively priced. Well-informed investors may park moderate funds for medium term. Read detail review...
Zodiac-jrd-mkj Rights Issue 2025 got oversubscribed by 1.11 times by the end of the bidding period with total bid quantity received by BSE of 64,64,308 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Jun 09 2025 17:00:00 | 64,64,308 | 1.11x |
Zodiac-jrd-mkj Ltd.
506, 513, 5th Floor, 17G,
Vardhaman Chamber, Cawasji Patel Road,
Horniman Circle, Fort, Mumbai – 400 001,
Mumbai, Maharashtra, 400001
The Zodiac-jrd-mkj Rights Issue 2025 opens on Fri, May 30, 2025, and closes on Mon, Jun 9, 2025.
Zodiac-jrd-mkj Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Mon, May 26, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Jun 3, 2025 |
| Issue Opening Date | Fri, May 30, 2025 |
| Issue Closing Date | Mon, Jun 9, 2025 |
| Date of Allotment (on or about) | Fri, Jun 13, 2025 |
| Date of Credit (on or about) | Thu, Jun 19, 2025 |
| Date of Listing (on or about) | Tue, Jun 24, 2025 |
You can apply for Zodiac-jrd-mkj Rights Issue 2025 in two ways:
Steps to apply for Zodiac-jrd-mkj Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Zodiac-jrd-mkj Rights Issue 2025 using Registrar's website (R-WAP)
