Ashnoor Textile Mills Rights Issue 2024 Date, Price, Allotment, Ratio

Ashnoor Textile Mills Rights issue date is fixed, the rights issue is to open on May 7 and will close on May 16, 2024. The Ashnoor Textile Mills Rights issue record date is April 26, 2024. The company is to offer 3,186,462 equity shares at a price of ₹20 per share. The Ashnoor Textile Mills Rights issue size will be ₹6.37 Crores. The entitlement ratio is 1:4, 1 rights share for every 4 fully-paid equity shares held on the record date. Check out Ashnoor Textile Mills rights issue details.

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Table of Contents

Ashnoor Textile Mills started its operations to carry on the manufacturing and export of high-quality hand-knotted carpets for its consumers. Further, to expand its business verticals, it started manufacturing and exporting terry towels in FY 1994 along with hand-knotted carpets. Over time, the hand-knotted carpet industry faced a severe recession, which ultimately led to unfavorable conditions for the business, and thus, the Company gradually discontinued its business of hand-knotted carpets and concentrated on manufacturing and exporting terry towels only. Today, the Company is engaged in the supply of terry towels to medium to large size hotel chains.

Ashnoor Textile Mills Rights Issue Review

  • Avoid / Risky

Ashnoor Textile Mills Rights Issue 2024 Dates & Time Table

Rights Issue Open:May 7, 2024
Rights Issue Close:May 16, 2024
Rights Record Date:April 26, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsMay 13, 2024

Ashnoor Textile Mills Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹6.37 Crores
Price Band:₹20 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 1:4 (1 rights share for every 4 shares)
Equity:3,186,462 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Ashnoor Textile Mills Rights Issue 2024 Form & How to Apply

You can apply for Ashnoor Textile Mills Rights Issue 2024 in two ways:

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

Ashnoor Textile Mills Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹118.75₹112.455.42
2022₹262.32₹250.268.96
2023₹177.79₹169.986.12

Ashnoor Textile Mills Rights Issue 2024 Allotment Status

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Check Ashnoor Textile Mills Rights issue on LinkIntime website allotment URL. Click Here

Ashnoor Textile Mills Rights Issue 2024 Lead Managers

Company Address:

Ashnoor Textile Mills Ltd.
Behrampur,
Khandsa Village
Gurugram- 122001
Phone: 0124-4809755
Email: [email protected]
Website: https://www.ashnoortex.com/

Ashnoor Textile Mills Rights Issue 2024 FAQs:


When is Ashnoor Textile Mills Rights Issue 2024 Record Date?

Ashnoor Textile Mills Rights Issue 2024 record date is April 26, 2024.

What is Ashnoor Textile Mills Rights Issue 2024 Price?

The company has fixed the price at ₹20 per equity share.

What is the Ashnoor Textile Mills Rights Issue 2024 Ratio?

The company has fixed the ratio (1:4), 1 Rights Equity Share for every 4 Equity Shares as on record date.

How to apply for Ashnoor Textile Mills Rights Rights Issue 2024?

As per the record date you need to have Ashnoor Textile Mills 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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