Quasar India Rights Issue 2024 Offer Details
| Quasar India Rights Issue Date: | 20 to 17 January 2024 |
| Rights Issue Size (in INR): | Approx ₹48.81 Crores |
| Rights Issue Size (in Shares): | 42,82,00,000 Equity Share |
| Issue Price: | ₹1.14 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 538452 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 8:1 (8 rights share for every 1 shares held on record date) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Quasar India Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Quasar India Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 10 December 2024 |
| Rights Issue Record Date: | 11 December 2024 |
| Credit of Rights Entitlements: | 20 December 2024 |
| Issue Offer Opens On: | 20 December 2024 |
| Renunciation of Rights Entitlements: | 13 December 2024 |
| Issue Offer Closes On: | 17 January 2024 |
| Basis of Allotment Date: | 22 January 2025 |
| Credit Date: | 24 January 2025 |
| Listing Date: | 31 January 2025 |
Quasar India Rights Issue Calculation
| Rights Issue Price: | ₹1.14 per share |
| Market Price on Rights Issue Approval: | ₹3.81 per share |
| Dilution Factor (X): | 9.0 |
| Fair Value After Dilution at Prevailing Price: | ₹1.44 per share |
How to Apply for Quasar India Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Quasar India
Quasar India Limited was founded in 1979 and started business trading agricultural products such as wheat, rice, maize, and vegetables such as capsicum, onion, tomato, and potato. Further, many times company has made advanced deals and paid the payment of agricultural products before receiving them. This firm has spread its network nationally and internationally to make strong relationships with farmers and wholesalers. Furthermore, its revenue for FY 2024 is 3,645.74 crores, and PAT(Profit After Tax) is 160.40 crore, which increased compared to the last two years. Moreover, this company has plans for net proceeds raised from issues for Working capital requirements, To meet Issue Expenses and general purposes.
Objects of the Rights Issue
- Working capital requirement
- General Corporate Purpose
- To meet Issue Expenses
Quasar India Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹5.06 | ₹2.05 | ₹1.05 |
| 2023 | ₹3.87 | ₹3.02 | ₹1.17 |
| 2024 | ₹4.19 | ₹2.56 | ₹1.21 |
Quasar India Rights Issue Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: grievances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Quasar India Rights Issue Lead Manager
- To Be Updated Soon
Quasar India Rights Issue allotment status check on Skyline Financial Services Private Ltd website – Click Here
Promoters of Quasar India
- Ankit Agarwal
Company Address
Quasar India Limited
1971-72, Room No.3, Ground Floor,
Kucha Chelan, Khari Baoli,
Chandni Chowk, North Delhi, 110006
Phone: +91 9016614499
Email: quasarindia123@gmail.com
Website: https://quasarindialimited.in/