Asian Tea & Exports Ltd Right Issue

₹15.00 Cr BSE 18 Nov 2021 – 2 Dec 2021

Closed BSE
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Issue Price
₹15.00
Face Value
₹10.00
Issue Size (Shares)
10,000,000
Issue Size (₹ Cr.)
₹15.00
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateTue, Nov 9, 2021
Credit of Rights EntitlementsMon, Nov 15, 2021
Bid/Offer Opens OnThu, Nov 18, 2021
Issue Open DateThu, Nov 18, 2021
Renunciation Last DateFri, Nov 26, 2021
Bid/Offer Closes OnThu, Dec 2, 2021
Issue Close DateThu, Dec 2, 2021
Deemed Date of AllotmentMon, Dec 13, 2021
Credit DateTue, Dec 14, 2021
Listing DateFri, Dec 17, 2021
📋 Right Issue Details
Issue Size (Shares)10,000,000
Issue Size (Amount)₹15.00 Cr.
Issue Price₹15.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of Payment₹15 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-31FY I
Income1,238.802,381.97
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Funding of working capital requirements of the company
2To meet the Issue Expenses
3General Corporate Purposes
🏢 About the Company
Asian Tea & Exports is engaged in tea plantation and manufacturing, trading, and exports of tea. The company provides an end-to-end solution to its customers from sourcing tea of all origins, tasting, customizing blends, providing specialty teas and flavored teas, to third-party labeling and packaging. The company is recognized by the Government of India as a Star Export House.
Asian Tea & Exports is also engaged in the International and Domestic trade of foodstuff and other commodities like pulses, soybean, cashew nut, etc. These products are traded internationally with countries like Russia, Ukraine, Lithuania, Canada, Argentina, Tanzania, Mozambique, Benin, Burma & others. The company exports rice, sugar, and other commodities to countries in Africa, the Middle East, and other countries.
The company has received several prestigious awards and recognition like Niryat Shree Export Award by FIEO, Ministry of Commerce, Government of India for excellence in exports.
📞 Company Contact
CompanyAsian Tea & Exports Ltd
AddressSikkim Commerce House,
4,/1, Middteton Street,
Kotkata - 700 071, West Bengal
Phone+97 33 2287 9732
Emailinfo@asianteaexports.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd.
Phone044-28460390
Emailinvestor@cameoindia.com
WebsiteVisit ↗