Quasar India Rights Issue 2024 Date, Price, Allotment, Ratio

Quasar India Rights issue date is fixed, the rights issue is to open on December 20, 2024 and will close on January 17, 2025. The Quasar India Rights issue record date is December 11, 2024. The company is to offer 428,200,000 equity shares at a price of ₹1.14 per share. The Quasar India Rights issue size will be ₹48.81 Crores. The entitlement ratio is 8:1, 8 rights share for every 1 fully-paid equity shares held on the record date. Check out Quasar India rights issue details.

Quasar India Rights Issue 2024

Quasar India Limited was incorporated in 1979 and engaged in the business of buying and selling varied types of agricultural products such as; wheat, rice, maize, and vegetables such as capsicum, onion, tomato, and potato. Moreover, at various times this company has agreed to terms for advanced payment of agricultural products and they have spread a wide range of network distribution, paving strong relationships with farmers and wholesalers/retailers. Originally this company had a main focus on paper products and after that, they started domestically and internationally. Furthermore, its revenue for FY 2024 is 3,645.74 crores, and PAT(Profit After Tax) is 160.40 crore, which increased compared to the last two years. Moreover, this company has plans for net proceeds raised from issues for Working capital requirements, To meet Issue Expenses and general purposes.

Quasar India Rights Issue Review

  • Avoid / Risky

Quasar India Rights Issue 2024 Dates & Time Table

Rights Issue Open:December 20, 2024
Rights Issue Close:January 17, 2025
Rights Record Date:December 11, 2024
Last Date to Buy Shares:December 10, 2024
Deemed Date of AllotmentJanuary 22, 2025
Renunciation of Rights EntitlementsJanuary 13, 2025

Quasar India Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹48.81 Crores
Price Band:₹1.14 Per Equity Share
Face Value:₹1 Per Equity Share
Listing on:BSE
Entitlement Ratio: 8:1 (8 rights share for every 1 shares)
Equity:428,200,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Quasar India Rights Issue 2024 Form & How to Apply

You can apply for Quasar India Rights Issue 2024 in two ways:

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

Quasar India Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹5.06₹5.26₹0.18
2023₹4.35₹3.13₹1.01
2024₹36.46₹34.09₹1.60

Quasar India Rights Issue 2024 Allotment Status

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

Quasar India Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Quasar India Limited
1971-72, Room No.3, Ground Floor,
Kucha Chelan, Khari Baoli,
Chandni Chowk, North Delhi, 110006
Phone: +91 9016614499
Email: [email protected]
Website: https://quasarindialimited.in/

Quasar India Rights Issue 2024 FAQs:


When is Quasar India Rights Issue 2024 Record Date?

Quasar India Rights Issue 2024 record date is December 11, 2024.

What is Quasar India Rights Issue 2024 Price?

The company has fixed the price at ₹1.14 per equity share.

What is the Quasar India Rights Issue 2024 Ratio?

The company has fixed the ratio (8:1), 8 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Quasar India Rights Rights Issue 2024?

As per the record date you need to have Quasar India 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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