Nhc Foods Rights Issue 2024 Offer Details
| Nhc Foods Rights Issue Date: | 5 to 18 December 2024 |
| Rights Issue Size (in INR): | Approx ₹47.42 Crores |
| Rights Issue Size (in Shares): | 474,200,000 Equity Share |
| Issue Price: | ₹1 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 517554 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 4:1 (4 rights share for every 1 shares) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Nhc Foods Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Nhc Foods Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 25 December 2024 |
| Rights Issue Record Date: | 26 November 2024 |
| Credit of Rights Entitlements: | 19 December 2024 |
| Issue Offer Opens On: | 5 December 2024 |
| Renunciation of Rights Entitlements: | 12 December 2024 |
| Issue Offer Closes On: | 18 December 2024 |
| Basis of Allotment Date: | 2025 |
| Credit Date: | 2025 |
| Listing Date: | 2025 |
Nhc Foods Rights Issue Calculation
| Rights Issue Price: | ₹1 per share |
| Market Price on Rights Issue Approval: | ₹6.77 per share |
| Dilution Factor (X): | 5 |
| Fair Value After Dilution at Prevailing Price: | ₹2.15 per share |
How to Apply for Nhc Foods Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Nhc Foods
Nhc Foods was incorporated in the name of “Midpoint Software & Electro Systems Limited” on August 04, 1992, in Mumbai, Maharashtra, as a Public Limited Company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies – Mumbai, Maharashtra. A certificate of commencement of business was granted to their Company on August 12, 1992 by Registrar of Companies – Mumbai, Maharashtra. Pursuant to the scheme of amalgamation under Section 391- 394 and other relevant provisions of the Companies Act, 1956, NHC Industries Private Limited has been merged with their Company with effect from September 07, 2010. Subsequently, the name of their Company was changed to NHC Foods Limited pursuant to a certificate of incorporation dated October 15, 2010 issued by the Registrar of Companies – Mumbai, Maharashtra.
Objects of the Rights Issue
- To meet the working capital requirement
- To make the repayment of Secured Loan
- General Corporate Purposes
- To meet the Issue Expenses
Nhc Foods Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹154.06 | ₹151.54 | ₹1.47 |
| 2023 | ₹164.11 | ₹161.42 | ₹1.76 |
| 2024 | ₹211.30 | ₹208.18 | ₹2.35 |
Nhc Foods Rights Issue Registrar
- Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Nhc Foods Rights Issue Lead Manager
- Finshore Management Services Limited
Nhc Foods Rights Issue allotment status check on Skyline Financial Services Private Ltd website – Click Here
Promoters of Nhc Foods
- Mr. Apoorva Himatlal Shah
Company Address
Nhc Foods Ltd
Survey No. 777
Umarsadi Desaiwad Road
Village Umarsadi, Taluka Pardi, Valsad – 396175
Phone: 8104472565
Email: cs@nhcgroup.com
Website: https://www.nhcgroup.com/