Gujarat Toolroom Ltd Right Issue

₹48.89 Cr BSE 14 Jun 2024 – 12 Jul 2024

Closed Ratio: 11 : 10 BSE
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Issue Price
₹8.00
Face Value
₹1.00
Issue Size (Shares)
61,108,960
Issue Size (₹ Cr.)
₹48.89
📅 Right Issue Timetable
Last Date to Buy SharesTue, Jun 4, 2024
Record DateWed, Jun 5, 2024
Credit of Rights EntitlementsTue, Jun 11, 2024
Bid/Offer Opens OnFri, Jun 14, 2024
Issue Open DateFri, Jun 14, 2024
Renunciation Last DateMon, Jul 8, 2024
Bid/Offer Closes OnFri, Jul 12, 2024
Issue Close DateFri, Jul 12, 2024
Deemed Date of AllotmentFri, Jul 19, 2024
Credit DateMon, Jul 22, 2024
Listing DateThu, Jul 25, 2024
📋 Right Issue Details
Issue Size (Shares)61,108,960
Issue Size (Amount)₹48.89 Cr.
Issue Price₹8.00 per share
Face Value₹1.00 per share
Entitlement Ratio11 : 10
Listing AtBSE
Terms of PaymentThe Issue Price of ₹ 8/- per Equity Share shall be payable at the time of application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income2.420.01
EBITDA
Net Worth
Reserves & Surplus0.80-0.59-0.43

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To augment the existing and incremental working capital requirement of the company;
2Investment in its wholly owned subsidiary, GTL Gems DMCC for augmentation of working capital requirements for its business activities; and
3General Corporate Purposes.
🏢 About the Company
Gujarat Toolroom Limited was established in 1983 and is engaged in trading of Silver Conductive Ink.

The company's product range includes several categories of shapes, cuts, sizes, and colors. The company has two wholly-owned subsidiaries:

GTL Gems DMCC in the United Arab Emirates: the company is engaged in the trading of diamonds in the United Arab Emirates.
Gujarat Toolroom Zambia Limited in the Zambia region: the company focuses on the exploration, mining, extraction and processing of gold, while adhering to responsible and environmentally friendly practices.
As of May 23, 2024, the company had 17 employees.
📞 Company Contact
CompanyGujarat Toolroom Ltd
Address404 - 4th floor, Samarth Co.Op.H. Soc,
Nr. Silicon Tower, Nr. Law Garden,
Ellishbridge, Ahmedabad - 380006
Ahmedabad, Gujarat, 380006
Phone7227013356
Emailcs@gujarattoolroomgmail.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd
Phone044-28460390/28460391/28460392
Emailrights@cameoindia.com
WebsiteVisit ↗