Gujarat Natural Resources Rights Issue 2024 Date, Price, Allotment, Ratio

Gujarat Natural Resources Rights issue date is fixed, the rights issue is to open on December 12, 2024 and will close on December 20, 2024. The Gujarat Natural Resources Rights issue record date is December 3, 2024. The company is to offer 48,150,987 equity shares at a price of ₹10 per share. The Gujarat Natural Resources Rights issue size will be ₹48.15 Crores. The entitlement ratio is 3:5, 3 rights share for every 5 fully-paid equity shares held on the record date. Check out Gujarat Natural Resources rights issue details.

Gujarat Natural Resources Rights Issue 2024

Gujarat Natural Resources Limited is involved in the upstream oil & gas sector in India. It is a publicly listed company known for offering oil and natural gas exploration as well as trading of other goods. Incorporated on August 23, 1991, by young and energetic entrepreneurs, with incredible strategies and advanced technologies, Gujarat Natural Resources’ mission is to be one of the leading companies within the sector of the Indian Oil and gas industry. In June 2009, Gujarat Natural Resources Limited bought GNRL Oil and Gas Limited (previously known as Heramec Limited) to obtain GNRL Oil and Gas India Pvt Ltd (previously called Sigma Oil and Gas Pvt Ltd). Moreover, they follow strategies like Gaining assets with standard resources, using advanced technologies, and Optimizing operations using skilled local professionals and services. Currently, Gujarat Natural Resources Limited (GNRL) has a promoter stake of 3.0%, while the public holds 96.97% of the shares.

Gujarat Natural Resources Rights Issue Review

  • Avoid / Risky

Gujarat Natural Resources Rights Issue 2024 Dates & Time Table

Rights Issue Open:December 12, 2024
Rights Issue Close:December 20, 2024
Rights Record Date:December 3, 2024
Last Date to Buy Shares:December 2, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsNovember 17, 2024

Gujarat Natural Resources Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹48.15 Crores
Price Band:₹10 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 3:5 (3 rights share for every 5 shares)
Equity:48,150,987 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Gujarat Natural Resources Rights Issue 2024 Form & How to Apply

You can apply for Gujarat Natural Resources Rights Issue 2024 in two ways:

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

Gujarat Natural Resources Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹0.33₹1.13₹0.80
2023₹0.71₹1.13₹0.42
2024₹2.25₹7.39₹5.14

Gujarat Natural Resources Rights Issue 2024 Allotment Status

To Be Updated Soon

Gujarat Natural Resources Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Gujarat Natural Resources Limited
906 – 910, 9th Floor,
Anam-1, Nr Parimal Garden,
Ahmedabad, 38006, Gujarat
Phone: 079-35219058
Email: [email protected]
Website: https://gnrl.in/

Gujarat Natural Resources Rights Issue 2024 FAQs:


When is Gujarat Natural Resources Rights Issue 2024 Record Date?

Gujarat Natural Resources Rights Issue 2024 record date is December 3, 2024.

What is Gujarat Natural Resources Rights Issue 2024 Price?

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

What is the Gujarat Natural Resources Rights Issue 2024 Ratio?

The company has fixed the ratio (3:5), 3 Rights Equity Share for every 5 Equity Shares as on record date.

How to apply for Gujarat Natural Resources Rights Rights Issue 2024?

As per the record date you need to have Gujarat Natural Resources 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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