Adroit Infotech Limited Right Issue

₹48.75 Cr BSE, NSE 7 Feb 2024 – 16 Feb 2024

Closed Ratio: 3 : 2 BSE, NSE
HomeRight Issue › Adroit Infotech Limited
← Back to List
Issue Price
₹15.00
Face Value
₹10.00
Issue Size (Shares)
32,501,058
Issue Size (₹ Cr.)
₹48.75
📅 Right Issue Timetable
Last Date to Buy SharesThu, Jan 18, 2024
Record DateFri, Jan 19, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnWed, Feb 7, 2024
Issue Open DateWed, Feb 7, 2024
Renunciation Last DateMon, Feb 12, 2024
Bid/Offer Closes OnFri, Feb 16, 2024
Issue Close DateFri, Feb 16, 2024
Deemed Date of AllotmentFri, Feb 23, 2024
Credit DateWed, Feb 28, 2024
Listing DateMon, Mar 4, 2024
📋 Right Issue Details
Issue Size (Shares)32,501,058
Issue Size (Amount)₹48.75 Cr.
Issue Price₹15.00 per share
Face Value₹10.00 per share
Entitlement Ratio3 : 2
Listing AtBSE, NSE
Terms of PaymentIssue Price of Rs.15/- to be paid as Rs.3.75/- per share on Application and Rs.11.75/- per share in one or more calls as may be determined by the Board at its sole discretion from time to time
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income22.726.497.07
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1o pay off other non-current liabilities;
2Towards Expansion of Business;
3To part finance the requirement of Working Capital;
4Acquisitions of Businesses in similar or complementary space;
5To meet General corporate purposes; and
6To meet the expenses of the Issue.
🏢 About the Company
Adroit Infotech Limited provides SAP consulting services to large and medium sized organisations.

The company's list of services includes migrations to HANA: SAP HANA, SAP Suite on HANA and S/4 HANA. Conventional SAP ECC: implementation, re-implementation, rollouts, module enhancements, support and maintenance as well as upgrades and migrations.

The company's product portfolio includes ARIBA, CRM, SRM, SAP C4C - Cloud for Customers, Success Factors and SAP Cloud Platform.
📞 Company Contact
CompanyAdroit Infotech Limited
AddressPlot No - 7A, MLA Colony,
Road No. 12, Banjara Hills,
Hyderabad – 500034
Hyderabad, Telangana, 500034
Phone+91-40-23552284
Emailinfo@adroitinfotech.com
WebsiteVisit ↗
📝 Registrar
NameVenture Capital & Corporate Investments Ltd.
Phone040-23818475/23818476
Emailrights@vccipl.com
WebsiteVisit ↗