Kretto Syscon Ltd Right Issue

₹47.04 Cr BSE 24 Oct 2024 – 12 Nov 2024

Closed Ratio: 3 : 1 BSE
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Issue Price
₹1.00
Face Value
₹1.00
Issue Size (Shares)
470,394,342
Issue Size (₹ Cr.)
₹47.04
📅 Right Issue Timetable
Last Date to Buy SharesThu, Oct 10, 2024
Record DateFri, Oct 11, 2024
Credit of Rights EntitlementsWed, Nov 6, 2024
Bid/Offer Opens OnThu, Oct 24, 2024
Issue Open DateThu, Oct 24, 2024
Renunciation Last DateWed, Nov 6, 2024
Bid/Offer Closes OnTue, Nov 12, 2024
Issue Close DateTue, Nov 12, 2024
Deemed Date of AllotmentTue, Nov 19, 2024
Credit DateSat, Nov 30, 2024
Listing DateThu, Nov 28, 2024
📋 Right Issue Details
Issue Size (Shares)470,394,342
Issue Size (Amount)₹47.04 Cr.
Issue Price₹1.00 per share
Face Value₹1.00 per share
Entitlement Ratio3 : 1
Listing AtBSE
Terms of PaymentThe entire amount of the Issue Price of Rs. 1.00/- per Rights Equity Share shall be payable at the time of Application
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income0.700.634.15
EBITDA
Net Worth16.7116.4616.28
Reserves & Surplus1.030.78

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1. To meet incremental working Capital requirements
2Acquisition of Software ; and
3. General corporate purposes
🏢 About the Company
Kretto Syscon Ltd was founded in 1994 as Ideal Optics Ltd, in 2016 the company was renamed Ideal Texbuild Ltd and in 2017 Kretto Syscon Ltd.

The company specializes in the development and construction of real estate and focuses on residential and commercial projects in Ahmedabad, Gujarat. The focus is on innovative architecture and high-quality execution.

The company also develops and provide systems and application software, specializing in microprocessor-based information systems and offshore software projects, including emerging segments such as the Internet.
📞 Company Contact
CompanyKretto Syscon Ltd
AddressA-401, Sankalp Iconic Opp. Vikram Nagar,
Iscon Temple Cross Road,
S.G Highway, Ahmedabad 380054
Ahmedabad, Gujarat, 380054
Phone07965551616
Emailidealopticsltd@gmail.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailnewissue@purvashare.com
WebsiteVisit ↗