Franklin Industries Ltd Right Issue

₹38.83 Cr BSE 24 May 2024 – 11 Jun 2024

Closed Ratio: 3 : 1 BSE
HomeRight Issue › Franklin Industries Ltd
← Back to List
Issue Price
₹3.58
Face Value
₹1.00
Issue Size (Shares)
108,450,000
Issue Size (₹ Cr.)
₹38.83
📅 Right Issue Timetable
Last Date to Buy SharesFri, May 10, 2024
Record DateMon, May 13, 2024
Credit of Rights EntitlementsThu, May 23, 2024
Bid/Offer Opens OnFri, May 24, 2024
Issue Open DateFri, May 24, 2024
Renunciation Last DateSun, May 5, 2024
Bid/Offer Closes OnTue, Jun 11, 2024
Issue Close DateTue, Jun 11, 2024
Deemed Date of AllotmentSat, Jun 15, 2024
Credit DateMon, Jun 24, 2024
Listing DateMon, Jun 24, 2024
📋 Right Issue Details
Issue Size (Shares)108,450,000
Issue Size (Amount)₹38.83 Cr.
Issue Price₹3.58 per share
Face Value₹1.00 per share
Entitlement Ratio3 : 1
Listing AtBSE
Terms of PaymentThe Issue Price of Rs. 3.58/- per Equity Share shall be payable at the time of application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-31FY I
Income20.5217.0815.17
EBITDA
Net Worth
Reserves & Surplus0.480.260.25

Amount in ₹ Crore

🏢 About the Company
Incorporated in February 1983, Franklin Industries Limited is a company that trades in agricultural commodities, such as wheat, rice, maize, vegetables (including capsicum, tomato, etc.), fruits (including mango, watermelon, grapes, etc.), and other agricultural products. The company also provides contract manufacturing services for agricultural products such as cucumber, onion, and castor. We source these products from manufacturers by paying an advance payment or according to agreed terms, and then sell them to our network of distributors. Through our presence in the market, we have developed strong relationships with both farmers and the wholesaler/retailer community.

Thecompany practices contract manufacturing by leasing agricultural land where they cultivate Cucumbers, Onions, and Castor. The company shares a part of the yield with the farmers who work on a contractual basis on the leased land, thereby supporting the local farmers' community.;
📞 Company Contact
CompanyFranklin Industries Ltd
Address301, SIGNATURE 01,NR.JAGUAR SHOWROOM,S.G
HIGHWAY,MAKARBA,
Jivraj Park, Ahmedabad,-380051
Ahmedabad, Gujarat, 380051
Phone+917621806491
Emailmuradprop1983@gmail.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd.
Phone011-26812682
WebsiteVisit ↗