Gujarat Natural Resources Rights Issue 2024 Offer Details
Jonjua Overseas Rights Issue Date: | 12 to 20 December 2024 |
Rights Issue Size (in INR): | Approx ₹48.15 Crores |
Rights Issue Size (in Shares): | 48,150,987 Equity Share |
Issue Price: | ₹10 Per Equity Share |
Face Value: | ₹10 Per Equity Share |
Listing on: | BSE |
BSE Code: | 513536 |
NSE Code: | Book Built Issue |
Issue Entitlement Ratio: | 3:5 (3 rights share for every 5 shares held on record date) |
Payment Terms | Fully payable at the time of application |
Employee Discount: | ₹[.] per share |
Gujarat Natural Resources Rights Issue 2024 Offer Documents
Letter of Offer: | Click Here |
Application Form: | Click Here |
Live Share Price | Click Here |
Gujarat Natural Resources Rights Issue 2024 Dates | Time Table
Last Date to buy shares: | 2 December 2024 |
Rights Issue Record Date: | 3 December 2024 |
Credit of Rights Entitlements: | 9 December 2024 |
Issue Offer Opens On: | 12 December 2024 |
Renunciation of Rights Entitlements: | 17 December 2024 |
Issue Offer Closes On: | 20 December 2024 |
Basis of Allotment Date: | 16 December 2025 |
Credit Date: | 31 December 2025 |
Listing Date: | 1 January 2025 |
Gujarat Natural Resources Rights Issue Calculation
Rights Issue Price: | ₹10 per share |
Market Price on Rights Issue Approval: | ₹22.75 per share |
Dilution Factor (X): | 1.6 |
Fair Value After Dilution at Prevailing Price: | ₹17.97 per share |
How to Apply for Gujarat Natural Resources Rights Issue
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
About Gujarat Natural Resources
Gujarat Natural Resources Limited (GNRL) in the oil and gas sector was incorporated in 1991, known public limited company due to trading shares in BSE(Bombay Stock Exchange). The company has been maintained by well-known team members to create the company’s structure and enhance visibility in the field of oil and gas. Moreover, Its two subsidiaries have held stakes in GNRL Oil & Gas Limited,6 producing oil and gas blocks in the Cambay basin. GNRL Oil & Gas Limited operates five of these blocks. Furthermore, examining and collecting assets with unused resources, using advanced technology to enhance values and visibilities, and strong partnerships with substantial and well-known institutes to develop unconventional resources are the strategies of this company. GNRL currently has an exclusive agreement with Ajapa Integrated Project Management Consultancy for advanced engineering and enhanced project management services for its subsidiaries and other clients in the Cambay basin.
Objects of the Rights Issue
- Adjustment of Unsecured Loans of Promoter/Promoter Group towards Rights Equity Shares Application Money.
- General corporate purposes
Gujarat Natural Resources Company Financial Report
₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax |
2022 | ₹0.33 | ₹1.13 | ₹0.80 |
2023 | ₹0.71 | ₹1.13 | ₹0.42 |
2024 | ₹2.25 | ₹7.39 | ₹5.14 |
Gujarat Natural Resources Rights Issue Registrar
Purva Sharegistry (INDIA) Private Limited
Unit no. 9, Shiv Shakti Ind. Estt. J. R. Boricha Marg,
Lower Parel (E) Mumbai 400 011
Phone: +079 – 23012518
Email: support@purvashare.com
Website: www.purvashare.com
Gujarat Natural Resources Rights Issue Lead Manager
- To Be Updated Soon
Gujarat Natural Resources Rights Issue allotment status check on Purva Sharegistry (INDIA) Private Limited website – Click Here
Promoters of Gujarat Natural Resources
- Ashok Chinubhai Shah
- Shalin Ashok Shah
Company Address
Gujarat Natural Resources Limited
906 – 910, 9th Floor,
Anam-1, Nr Parimal Garden,
Ahmedabad, 38006, Gujarat
Phone: 079-35219058
Email: info@gnrl.in
Website: https://gnrl.in/