Edvenswa Enterprises Limited Right Issue

₹27.00 Cr BSE 25 Oct 2024 – 22 Nov 2024

Closed Ratio: 20 : 41 BSE
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Issue Price
₹60.00
Face Value
₹10.00
Issue Size (Shares)
4,500,000
Issue Size (₹ Cr.)
₹27.00
📅 Right Issue Timetable
Last Date to Buy SharesFri, Oct 11, 2024
Record DateMon, Oct 14, 2024
Credit of Rights EntitlementsThu, Oct 24, 2024
Bid/Offer Opens OnFri, Oct 25, 2024
Issue Open DateFri, Oct 25, 2024
Renunciation Last DateMon, Nov 18, 2024
Bid/Offer Closes OnFri, Nov 22, 2024
Issue Close DateFri, Nov 22, 2024
Deemed Date of AllotmentMon, Nov 18, 2024
Credit DateFri, Nov 22, 2024
Listing DateMon, Nov 25, 2024
📋 Right Issue Details
Issue Size (Shares)4,500,000
Issue Size (Amount)₹27.00 Cr.
Issue Price₹60.00 per share
Face Value₹10.00 per share
Entitlement Ratio20 : 41
Listing AtBSE
Terms of PaymentThe full amount is payable on application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income84.9551.8139.06
EBITDA
Net Worth52.6943.4018.84
Reserves & Surplus33.7624.769.44

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To Product Purchase in Issuer Company
2To Investment in our wholly owned Subsidiary Company for expansion of business
🏢 About the Company
Edvenswa Enterprises Limited was incorporated on 18th April, 1980 originally as KLK Electrical Industries Private Limited.

Edvenswa Enterprises Limited, a holding company, specializes in software development and IT solutions, enhancing applications and providing quality services in various sectors. The company provides comprehensive services for the entire lifecycle of an organization, including software design, development, testing, deployment, support, and maintenance for clients.

The Company offers major Services like UI/UX Design & Development, Rapid Prototyping, Enterprise Application Engineering, Software Quality Assurance, Social/Mobile Application Development, Application Integration, Maintenance & Migration Services, Cloud & DevOps, and Extended R&D Partnering.
📞 Company Contact
CompanyEdvenswa Enterprises Limited
AddressIQ 3-A2, First Floor
Cyber Towers, Hitec City, Madhapur,
Hyderabad, Shaikpet - 500081
Hyderabad, Telangana, 500081
Phone9100052964
Emailhimabindu@edvenswainc.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd
Phone044-28460390/28460391/28460392
Emailrights@cameoindia.com
WebsiteVisit ↗