Harshil Agrotech Rights Issue 2024 Offer Details
| Harshil Agrotech Rights Issue Date: | 10 to 5 February 2025 |
| Rights Issue Size (in INR): | Approx ₹49.38 Crores |
| Rights Issue Size (in Shares): | 20,32,00,000 Equity Share |
| Issue Price: | ₹2.43 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 505336 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 2:5 (2 rights share for every 5 shares held on record date) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Harshil Agrotech Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Harshil Agrotech Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 30 December 2024 |
| Rights Issue Record Date: | 31 December 2024 |
| Credit of Rights Entitlements: | 2024 |
| Issue Offer Opens On: | 10 January 2025 |
| Renunciation of Rights Entitlements: | 2024 |
| Issue Offer Closes On: | 5 January 2025 |
| Basis of Allotment Date: | 2025 |
| Credit Date: | 2025 |
| Listing Date: | 2025 |
Harshil Agrotech Rights Issue Calculation
| Rights Issue Price: | ₹2.43 per share |
| Market Price on Rights Issue Approval: | ₹4.90 per share |
| Dilution Factor (X): | 1.4 |
| Fair Value After Dilution at Prevailing Price: | ₹4.19 per share |
How to Apply for Harshil Agrotech Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Harshil Agrotech
Incorporated in 1956, Harshil Agrotech Limited is committed to manufacturing agricultural products and selling them to its distributor network. The business process involves purchasing goods from manufacturers and paying them in advance. After that, the products are sold to the company’s distributors, who subsequently sell them straight to consumers. Fruits like apples, red dragon, potatoes, cucumbers, onions, and other agricultural products are traded by Harshil Agrotech Limited. To make the lives of farmers and agricultural businesses easier, the company aims to offer the greatest agricultural technologies along with environmentally responsible solutions. The company’s mission is to enhance farmers’ performance in the global agricultural industry by offering amazing technologies. The company consists of employees as of October 19, 2024, are 8. The company’s sales climbed by 236% and its profit after tax (PAT) increased by 48% in the fiscal year 2024.
Objects of the Rights Issue
- Working capital requirement
- General Corporate Purpose
- To meet Issue Expenses
Harshil Agrotech Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹ | ₹ | ₹ |
| 2023 | ₹ | ₹ | ₹ |
| 2024 | ₹ | ₹ | ₹ |
Harshil Agrotech Rights Issue Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
Harshil Agrotech Rights Issue Lead Manager
- To Be Updated Soon
Harshil Agrotech Rights Issue allotment status check on Purva Sharegistry India website – Click Here
Promoters of Harshil Agrotech
- Mr. Pankaj Kumar Patel
Company Address
Harshil Agrotech Limited
S F 213, I-Square Near Shukan Mall,
Science City Road, Sola,
Daskroi, Ahmedabad 380060
Phone: 919998757577
Email: harshilagrotechlimited@gmail.com
Website: http://www.harshilagrotech.com/