Franklin Industries Rights Issue 2024 Date, Price, Allotment, Ratio

Franklin Industries Rights issue date is fixed, the rights issue is to open on May 24 and will close on June 11, 2024. The Franklin Industries Rights issue record date is May 13, 2024. The company is to offer 108,450,000 equity shares at a price of ₹3.58 per share. The Franklin Industries Rights issue size will be ₹38.83 Crores. The entitlement ratio is 3:1, 3 rights share for every 1 fully-paid equity shares held on the record date. Check out Franklin Industries rights issue details.

franklin-industries-rights-issue

Table of Contents

Franklin Industries Limited was incorporated on February 8, 1983. The company is engaged in the business of trading agricultural commodities such as wheat, rice, maize, vegetables including capsicum, tomato, etc, Fruits including Mango, Watermelon, Grapes, and other agricultural products. Owing to their presence in the market, they have built strong relationships with both the farmers as well as with the wholesaler/retailers’ community. In contract manufacturing, the company leases agricultural land on lease and cultivates Cucumber, Onion, and Castor to meet the demand in the market. A part of the yield is shared with the farmers working on a contractual basis on the leased land, which further helps the local farmers’ community.

Franklin Industries Rights Issue Review

  • Avoid / Risky

Franklin Industries Rights Issue 2024 Dates & Time Table

Rights Issue Open:May 24, 2024
Rights Issue Close:June 11, 2024
Rights Record Date:May 13, 2024
Deemed Date of Allotment2024
Renunciation of Rights Entitlements2024

Franklin Industries Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹38.83 Crores
Price Band:₹3.58 Per Equity Share
Face Value:₹1 Per Equity Share
Listing on:BSE
Entitlement Ratio: 3:1 (3 rights share for every 1 shares)
Equity:108,450,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Franklin Industries Rights Issue 2024 Form & How to Apply

You can apply for Franklin Industries Rights Issue 2024 in two ways:

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

Franklin Industries Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹15.17₹15.120.04
2022₹17.08₹17.070.01
2023₹20.52₹17.680.21

Franklin Industries Rights Issue 2024 Allotment Status

To Be Updated Soon

Franklin Industries Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Franklin Industries Ltd
301, SIGNATURE 01,NR.JAGUAR SHOWROOM,S.G
HIGHWAY,MAKARBA,
Jivraj Park, Ahmedabad,-380051
Phone: +917621806491
Email: [email protected]
Website: https://www.franklinindustries.in/

Franklin Industries Rights Issue 2024 FAQs:


When is Franklin Industries Rights Issue 2024 Record Date?

Franklin Industries Rights Issue 2024 record date is May 13, 2024.

What is Franklin Industries Rights Issue 2024 Price?

The company has fixed the price at ₹3.58 per equity share.

What is the Franklin Industries Rights Issue 2024 Ratio?

The company has fixed the ratio (3:1), 3 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Franklin Industries Rights Rights Issue 2024?

As per the record date you need to have Franklin Industries 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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