Joonktollee Tea Rights Issue Details
About Joonktollee Tea & Industries
Joonktollee Tea & Industries has mainly engaged in the business of cultivation and manufacturing of Tea. In addition, the company also has cultivation activity of Coffee and Rubber. The Company’s tea garden area under cultivation is spread over 1827.55 hectares in North East and South India. The Coffee and Rubber gardens are located in South India
Objects of the Issue
- Repayment of unsecured loans
- Meet expenses for the Issue
Joonktollee Tea & Industries Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | |
|---|---|---|
| 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 23,503.89 | 22,592.41 |
| Total income | 10,748.76 | 9,306.26 |
| Total Expenses | 11,904.97 | 11,864.50 |
| Profit After Tax | (956.07) | (2427.71) |
Joonktollee Tea & Industries Rights Issue Detail
| Description | JOONKTOLL Rights Issue Details |
|---|---|
| Right Issue | Issue of up to 41,42,201 Fully paid up equity shares of face value of Rs. 10/- each for cash at a price of Rs. 60/- per equity share (including a premium of Rs. 50/- per equity share) aggregating upto Rs. 2,485.32/- Lakhs |
| Issue Open Date | 04-Feb-22 |
| Issue Close Date | 18-Feb-22 |
| Issue Size – No.of Shares | 41,42,201 |
| Issue Size – Amount | ₹ 2,485.32 Lakhs |
| Issue Price | ₹ 60 |
| Face Value | ₹ 10 |
| Market Lot | 1 |
| LTP on 03 Feb 2022 | ₹ 123.50 |
| Listing | BSE |
| Entitlement | Ratio of 1 Rights equity shares for every 1 Fully paid-up equity shares held by the eligible equity shareholders on the record date, that is on Wednesday, January 19, 2022. |
| BSE Symbol | JOONKTOLL |
Joonktollee Tea Rights Issue Lead Managers
- Narnolia Financial Services Limited
Joonktollee Tea Rights Issue Registrar
Joonktollee Tea & Industries Rights Issue Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | Feb 4, 2022 |
| Bid / Offer Closes on | Feb 18, 2022 |
| Record Date | Jan 19, 2022 |
| Last date for on market renunciation of rights | Feb 14, 2022 |
| Finalisation of Basis of Allotment | Feb 28, 2022 |
| Date of Allotments | Feb 28, 2022 |
| Date of Credit | Mar 10, 2022 |
| Date of listing | Mar 16, 2022 |
Company Registered and Corporate Office
21, Strand Road
Kolkata – 700001,
West Bengal
Website: www.joonktolleetea.in
Company Promoters
- Mr. Hemant Bangur
Joonktollee Tea & Industries IPO – FAQS
What is a Rights Issue?
Check the complete details about the Rights issue here – Click here
When Joonktollee Tea & Industries Rights Issue will open?
The Joonktollee Tea & Industries Rights Issue opens on Feb 04, 2022 and closes on Feb 18, 2022
When JOONKTOLL Rights Issue will open?
The rights issue opens on Feb 04, 2022 and closes on Feb 18, 2022
What is the issue price of Joonktollee Tea & Industries rights issue?
The Joonktollee Tea & Industries rights issue price is Rs.60
What is the record date for Joonktollee Tea & Industries rights issue?
The Record date for Joonktollee Tea & Industries rights issue is Jan 19, 2022
Who is the Registrar for Joonktollee Tea & Industries rights issue?
The Registrar for Joonktollee Tea & Industries rights issue is Bigshare Services Private Limited
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