Eureka Industries has announced its Rights Issue, scheduled to open on April 9, 2025, and close on April 30, 2025. The record date for determining shareholder eligibility is March 28, 2025.
Under this offering, the company will issue 4.90 crore equity shares at ₹10 per share, raising a total of ₹49.00 crores. Investors holding five fully paid equity shares as of the record date will be entitled to 28 rights shares in a 28:5 ratio.
Overview of Contents
About Eureka Industries Ltd
Established in 1992, Eureka Industries Limited operates in the agricultural commodities sector, dealing in wheat, rice, maize, paddy, and pulses.
The company has been listed on the Bombay Stock Exchange (BSE) since May 6, 1994. Committed to quality and growth, it is now focusing on sustainable and organic farming, with plans to expand into the cultivation of fruits, vegetables, cereals, and other essential crops.
Eureka Industries Right Issue Overview
| Particulars | Details |
|---|---|
| Security Name | Eureka Industries Ltd. |
| Total Issue Size | ₹49.00 Crores |
| Total Shares Offered | 4,90,00,000 Equity Shares |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Entitlement Ratio | 28:5 (28 Rights Shares for every 5 fully paid-up shares) |
| Listing Exchange | BSE (Bombay Stock Exchange) |
| Payment Terms | Full payment at the time of application |
Eureka Industries Right Issue Dates
| Event | Scheduled Date |
|---|---|
| Opening of Rights Issue | 09-April-2025 |
| Closing of Rights Issue | 30-April-2025 |
| Cut-off Date for Eligibility | 28-March-2025 |
| Deadline to Purchase Shares for Eligibility | 27-March-2025 |
| Final Date for Renouncing Rights | 22-April-2025 |
| Estimated Allotment Date | 2025 (Exact date TBA) |
Object of the Issue
- To Repayment of Loan.
- Incremental Working Capital Requirements; and
- General Corporate Purpose.
Eureka Industries Financial Overview
| Financial Year | Total Revenue (₹ Crores) | Total Expenses (₹ Crores) | Net Profit / (Loss) (₹ Crores) |
|---|---|---|---|
| FY 2022 | 0.27 | 0.27 | 0.00 |
| FY 2023 | 8.39 | 8.81 | (0.41) |
| FY 2024 | 19.25 | 23.81 | (4.56) |
How to Apply for Eureka Industries Rights Issue 2025
Investors can apply for the Eureka Industries Rights Issue through two convenient methods:
Net Banking via ASBA (Application Supported by Blocked Amount): Shareholders can apply directly through their bank’s net banking portal using the ASBA service. This method allows the application amount to be blocked in the bank account until the shares are allotted. Most banks offer ASBA services under the IPO or Rights Issue section.
Eureka Industries Rights Issue 2025 Review
To Be Updated Soon
Company Address:
- Eureka Industries Ltd.
- 1001 Shitiratna, 10th Floor,
- Panchwati, Ellisbridge,
- Ahmedabad, Gujarat, 380006 India
- Phone: 8052653720
- Email: [email protected]
- Website: http://www.eurekaindltd.com/
Eureka Industries Rights Issue 2025 – FAQs
When is the record date for Eureka Industries Rights Issue 2025?
The record date for the Eureka Industries Rights Issue 2025 is set for March 28, 2025.
What is the price for the Eureka Industries Rights Issue 2025?
The company has priced the rights shares at ₹10 per equity share.
How can I apply for the Eureka Industries Rights Issue 2025?
To apply for the rights issue, ensure you hold the required Eureka Industries shares in your Demat account as of the record date. Applications can be submitted either offline through a form or online via ASBA or UPI options.