Asian Petroproducts Rights Issue 2024 Date, Price, Allotment, Ratio

Asian Petroproducts & Exports Rights issue date is fixed, the rights issue is to open on November 11, 2024 and will close on November 25, 2024. The Asian Petroproducts & Exports Rights issue record date is October 30, 2024. The company is to offer 15,890,416 equity shares at a price of ₹10 per share. The Asian Petroproducts & Exports Rights issue size will be ₹3.38 Crores. The entitlement ratio is 11:6, 11 rights share for every 6 fully-paid equity shares held on the record date. Check out Asian Petroproducts & Exports rights issue details.

Asian Petroproducts & Exports Rights Issue 2024

Asian Petroproducts & Exports Ltd incorporated in 1991 is a leading company committed in the manufacturing of chemicals based on Ethylene Oxide. Monoethanolamine, Diethanolamine, Triethanolamine are the types of chemicals that their product ranges from. The company plant is located on 25 acres of land. To drive more sales growth in future they have decided to use some strategic approaches through brand equity, specialty formulations, geographic expansion and collaboration with technical experts. Moreover, they believe that offering high-quality products leaves a lasting impression on customers. Because of that, on every stage of production, either its raw material or finished product, the company follows the rule of strict quality control. Between the fiscal year that ended on March 31, 2022, and the fiscal year that ended on March 31, 2023, Asian Petroproducts & Exports Ltd. saw a 2973.89% increase in sales and a 137.24% increase in profit after tax (PAT).

Asian Petroproducts & Exports Rights Issue Review

  • Avoid / Risky

Asian Petroproducts & Exports Rights Issue 2024 Dates & Time Table

Rights Issue Open:November 11, 2024
Rights Issue Close:November 25, 2024
Rights Record Date:October 30, 2024
Last Date to Buy Shares:October 29, 2024
Deemed Date of AllotmentDecember 4, 2024
Renunciation of Rights EntitlementsNovember 21, 2024

Asian Petroproducts & Exports Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹15.89 Crores
Price Band:₹10 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 11:6 (11 rights share for every 6 shares)
Equity:15,890,416 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Asian Petroproducts & Exports Rights Issue 2024 Form & How to Apply

You can apply for Asian Petroproducts & Exports Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Asian Petroproducts & Exports Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹0.55₹0.85₹0.32
2023₹16.94₹16.790.80
2024₹0.00₹1.04₹0.05

Asian Petroproducts & Exports Rights Issue 2024 Allotment Status

Adroit Corporate Services Pvt Ltd
Phone: 91- 22- 2859 6060/2859 4060
Email: [email protected]
Website: http://www.adroitcorporate.com

Asian Petroproducts & Exports Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Asian Petroproducts & Exports Ltd.
24, Suwernapuri Soceity,
Chikuwadi, Near Jetalpur Road
Alkapuri, Vadodara 390007
Phone: 919879504335
Email: [email protected]
Website: https://asianpetro.in/

Asian Petroproducts & Exports Rights Issue 2024 FAQs:


When is Asian Petroproducts & Exports Rights Issue 2024 Record Date?

Asian Petroproducts & Exports Rights Issue 2024 record date is October 30, 2024.

What is Asian Petroproducts & Exports Rights Issue 2024 Price?

The company has fixed the price at ₹10 per equity share.

What is the Asian Petroproducts & Exports Rights Issue 2024 Ratio?

The company has fixed the ratio (11:6), 11 Rights Equity Share for every 6 Equity Shares as on record date.

How to apply for Asian Petroproducts & Exports Rights Rights Issue 2024?

As per the record date you need to have Asian Petroproducts & Exports Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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