Joonktollee Tea & Industries Rights Issue Details

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

DescriptionJOONKTOLL Rights Issue Details
Right IssueIssue 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  Date04-Feb-22
Issue Close Date18-Feb-22
Issue Size – No.of Shares41,42,201
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
EntitlementRatio 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 SymbolJOONKTOLL

Joonktollee Tea Rights Issue Lead Managers

  • Narnolia Financial Services Limited

Joonktollee Tea Rights Issue Registrar

Joonktollee Tea & Industries Rights Issue Important Dates

DetailsDate
Bid / Offer Opens onFeb 4, 2022
Bid / Offer Closes onFeb 18, 2022
Record DateJan 19, 2022
Last date for on market renunciation of rightsFeb 14, 2022
Finalisation of Basis of AllotmentFeb 28, 2022
Date of AllotmentsFeb 28, 2022
Date of CreditMar 10, 2022
Date of listingMar 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

Follow us on Telegram for all the latest updates

Leave a Comment