DSJ keep Learning Limited Right Issue

₹6.81 Cr BSE 29 May 2024 – 6 Jun 2024

Closed Ratio: 7 : 9 BSE
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Issue Price
₹1.00
Face Value
₹1.00
Issue Size (Shares)
68,124,036
Issue Size (₹ Cr.)
₹6.81
📅 Right Issue Timetable
Last Date to Buy SharesMon, May 13, 2024
Record DateTue, May 14, 2024
Credit of Rights EntitlementsFri, Jun 28, 2024
Bid/Offer Opens OnWed, May 29, 2024
Issue Open DateWed, May 29, 2024
Renunciation Last DateMon, Jun 3, 2024
Bid/Offer Closes OnThu, Jun 6, 2024
Issue Close DateThu, Jun 6, 2024
Deemed Date of AllotmentFri, Jun 14, 2024
Credit DateWed, Jun 19, 2024
Listing DateThu, Jun 20, 2024
📋 Right Issue Details
Issue Size (Shares)68,124,036
Issue Size (Amount)₹6.81 Cr.
Issue Price₹1.00 per share
Face Value₹1.00 per share
Entitlement Ratio7 : 9
Listing AtBSE
Terms of PaymentThe full amount of Re 1/- Equity share is payable on application by the Eligible Shareholder/Applicant.
📊 Company Financials (Restated)
Period Ended2023-09-302023-03-312022-03-31
Income1.635.754.95
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment or pre-payment, in full or in part, of an unsecured loan availed by the company from the Promoter Group Entity;
2Meet the cost of Software development expenses;
3Meet the cost of Program Delivery & Management Services; and
4General Corporate Purpose.
🏢 About the Company
DSJ Keep Learning Limited, formerly known as DSJ Communications Limited, was founded in 1989 and provides comprehensive educational services.

The company's list of services includes campus enablement, online programs for continuing education, quality assurance mentoring for institutes and universities, research publications, etc. The company also provides keeplearningOS (kOS), an IT-enabled product for educational institutions that automates the entire education system from admissions to results, class schedules, faculty assignments, announcements, project work, assignment submissions, etc. kOS is currently used by more than 200 administrators/faculty members and more than 2300 students.

DSJ Keep Learning has three main lines of business:

1. Student Recruitment Services - In this area, the company provides staffing, processes, and technology to higher education institutions that enable them to efficiently outsource their entire student recruitment process.
2. Technology Platform - A SaaS platform to manage all of an institution's academic and institutional operations.
3. Program Delivery & Management Services - Providing trained personnel, processes, and technology for higher education institutions to deliver their offline degree programs online.

As of February 2024, the company has six (6) directors on its Board, including three (3) executive directors, three (3) non-executive directors, including two (2) independent directors, and one (1) woman director.
📞 Company Contact
CompanyDSJ keep Learning Limited
Address419-A, 4
Arun Chambers, Next to AC Market,
Tardeo, Mumbai - 400034
Mumbai, Maharashtra, 400034
Phone+022 40023127
Emailcompliance@dsjkeeplearning.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd.
Phone022-49186000
Emailkeeplearning.rights2024@linkintime.co.in
WebsiteVisit ↗