Narmada Agrobase Rights Issue 2024 Date, Price, Allotment, Ratio

Narmada Agrobase Rights issue date is fixed, the rights issue is to open on 2024 and will close on 2024. The Narmada Agrobase Rights issue record date is September 16, 2024. The company is to offer 24,387,685 equity shares at a price of ₹15 per share. The Narmada Agrobase Rights issue size will be ₹36.58 Crores. The entitlement ratio is 9:5, 9 rights share for every 5 fully-paid equity shares held on the record date. Check out Narmada Agrobase rights issue details.

Narmada Agrobase Rights Issue 2024

Narmada Agrobase was incorporated on the 29th of January, 2013 and fromerly it’s incorporated name was Narmada Agrobase Private Limited.

The company started its business with the production of cattle feed. Today, Narmada is heading towards becoming one of the top companies in the production of Delinted Cotton seeds and cattle feed in India. Narmada is an ISO 9001:2015-certified business.

Narmada Agrobase is a specialist in the production of Cattle Feed under the trademark under the names “Churma” and “Gaay Chhaap Narmada Pashu Aahar”.

The business is situated in the fast-growing and thriving City of Ahmedabad in the western region of India with the most modern infrastructure facilities. Surrounded by the most modern infrastructure of transportation and other facilities essential for any expanding industry. Narmada Agrobase Limited is leading the cattle feed industry within western Gujarat.

Narmada Agrobase Rights Issue Review

  • Avoid / Risky

Narmada Agrobase Rights Issue 2024 Dates & Time Table

Rights Issue Open:September 30, 2024
Rights Issue Close:October 9, 2024
Rights Record Date:September 16, 2024
Last Date to Buy Shares:September 13, 2024
Deemed Date of AllotmentOctober 16, 2024
Renunciation of Rights EntitlementsOctober 3, 2024

Narmada Agrobase Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹36.58 Crores
Price Band:₹15 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 9:5 (9 rights share for every 5 shares)
Equity:24,387,685 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Narmada Agrobase Rights Issue 2024 Form & How to Apply

You can apply for Narmada Agrobase Rights Issue 2024 in two ways:

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

Narmada Agrobase Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹35.03₹34.24₹0.55
2023₹50.08₹49.190.65
2024₹50.39₹49.04₹1.02

Narmada Agrobase Rights Issue 2024 Allotment Status

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Narmada Agrobase Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Narmada Agrobase Limited
613 / P-1, IJpura, (Jethaji),
Dhanpura Road, Tal. Jotana,
Dist. Mehsana,
Phone: 02672265165
Email: [email protected]
Website: https://narmadaagrobase.com/

Narmada Agrobase Rights Issue 2024 FAQs:


When is Narmada Agrobase Rights Issue 2024 Record Date?

Narmada Agrobase Rights Issue 2024 record date is September 16, 2024.

What is Narmada Agrobase Rights Issue 2024 Price?

The company has fixed the price at ₹15 per equity share.

What is the Narmada Agrobase Rights Issue 2024 Ratio?

The company has fixed the ratio (9:5), 9 Rights Equity Share for every 5 Equity Shares as on record date.

How to apply for Narmada Agrobase Rights Rights Issue 2024?

As per the record date you need to have Narmada Agrobase 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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