Oriental Trimex Ltd Right Issue

₹48.51 Cr BSE, NSE 19 Sep 2024 – 10 Oct 2024

Closed Ratio: 3 : 2 BSE, NSE
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Issue Price
₹11.00
Face Value
₹10.00
Issue Size (Shares)
44,104,359
Issue Size (₹ Cr.)
₹48.51
📅 Right Issue Timetable
Last Date to Buy SharesWed, Sep 4, 2024
Record DateThu, Sep 5, 2024
Credit of Rights EntitlementsWed, Sep 18, 2024
Bid/Offer Opens OnThu, Sep 19, 2024
Issue Open DateThu, Sep 19, 2024
Renunciation Last DateFri, Sep 27, 2024
Bid/Offer Closes OnThu, Oct 10, 2024
Issue Close DateThu, Oct 10, 2024
Deemed Date of AllotmentThu, Oct 3, 2024
Credit DateWed, Oct 9, 2024
Listing DateFri, Oct 11, 2024
📋 Right Issue Details
Issue Size (Shares)44,104,359
Issue Size (Amount)₹48.51 Cr.
Issue Price₹11.00 per share
Face Value₹10.00 per share
Entitlement Ratio3 : 2
Listing AtBSE, NSE
Terms of PaymentThe entire amount of the Issue Price of Rs. 11 per Rights Equity Share shall be payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income5.498.9720.46
EBITDA
Net Worth61.0668.3070.55
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To repay, in full or in part, the identified unsecured loan availed by the Company
2Capital Expenditure for setting up additional Machinery for Marble Block in Tamilnadu
3Development of quarry of ‘JET BLACK’ Granite in Odisha
4Capital Expenditure for construction of Showroom-cum-warehouse
🏢 About the Company
Oriental Trimex Limited was founded in 1996 and offers premium quality Italian and other marble to the Indian market.

The company's marble processing plants are located in Greater Noida near Delhi in the National Capital Region with an annual capacity of 25,200 MT. These plants are fully integrated processing units equipped with state-of-the-art machinery, namely, Gangsaws, automatic resin lines with robotic feed imported from SEI, Italy, one of the pioneers and leading manufacturers of machinery for the marble industry, automatic line polishers, and imported grinding machines.

The company also imports semi-finished marble slabs from SEI, Italy, and Sri Lanka, apart from sourcing slabs and blocks from within the country.

The company currently has its own sales and marketing outlets, including factories in Greater Noida. The company is the sole processor and supplier of imported marble in the whole of India.

As of June 21, 2024, the company had a total of 17 Employees.
📞 Company Contact
CompanyOriental Trimex Ltd
Address26/25 Bazar Marg,
Old Rajinder Nagar,
New Delhi, India, 110060
New Delhi, New Delhi, 110060
Phone01145048612
Emailinfo@orientaltrimex.com
WebsiteVisit ↗
📝 Registrar
NameBeetal Financial & Computer Services Pvt.Ltd
Phone011-42959000/42959009
Emailbeetalrta@gmail.com
WebsiteVisit ↗