Quasar India Limited Right Issue

₹48.81 Cr BSE 20 Dec 2024 – 17 Jan 2025

Closed Ratio: 8 : 1 BSE
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Issue Price
₹48.81
Face Value
₹1.00
Issue Size (Shares)
428,200,000
Issue Size (₹ Cr.)
₹48.81
📅 Right Issue Timetable
Last Date to Buy SharesTue, Dec 10, 2024
Record DateWed, Dec 11, 2024
Credit of Rights EntitlementsFri, Dec 20, 2024
Bid/Offer Opens OnFri, Dec 20, 2024
Issue Open DateFri, Dec 20, 2024
Renunciation Last DateMon, Jan 13, 2025
Bid/Offer Closes OnFri, Jan 17, 2025
Issue Close DateFri, Jan 17, 2025
Deemed Date of AllotmentWed, Jan 22, 2025
Credit DateFri, Jan 24, 2025
Listing DateFri, Jan 31, 2025
📋 Right Issue Details
Issue Size (Shares)428,200,000
Issue Size (Amount)₹48.81 Cr.
Issue Price₹48.81 per share
Face Value₹1.00 per share
Entitlement Ratio8 : 1
Listing AtBSE
Terms of PaymentThe Issue Price of Rs 1.14/- per Equity Share shall be payable at the time of application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income36.464.355.06
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Working capital requirement
2General Corporate Purpose
3To meet Issue Expenses
🏢 About the Company
Incorporated in 1979, Quasar India Limited is engaged in the trading the agricultural commodities such as wheat, rice, maize, vegetables, capsicum, onion, tomato, potato, and other agricultural products.

The company sources agricultural products through advance payments or agreed terms, selling them through a distributor network, fostering strong relationships with farmers and wholesalers/retailers. Initially, they were focused on trading and manufacturing various paper products, their business has evolved to include comprehensive trading, marketing, and supply across multiple industries, both locally and globally.

The company has a qualified, customer-oriented business development team ranging from top management to local executives. As of September 5, 2024, the Company has 09 employees.
📞 Company Contact
CompanyQuasar India Limited
Address1971-72, Room No.3, Ground Floor,
Kucha Chelan, Khari Baoli,
Chandni Chowk, North Delhi, 110006
North Delhi, New Delhi, 110006
Phone+91 9016614499
Emailquasarindia123@gmail.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd
Phone011-26812682
Emailgrievances@skylinerta.com
WebsiteVisit ↗