Growington Ventures India announces its Rights Issue, which opens on May 14, 2025, and closes on May 24, 2025. The record date for the Rights Issue is April 29, 2025. The company offers 49.75 crore equity shares at a price of ₹1 per share, with a total issue size of ₹49.75 crores.
The entitlement ratio is 3:1, meaning shareholders get 3 rights shares for every 1 fully-paid equity share they hold on the record date. Investors holding shares as of April 29 are eligible to apply. This gives existing shareholders a chance to increase their stake at a very low price.
Overview of Contents
About Company
Growington Ventures India Limited is a trusted name in the export and import of premium-quality fresh fruits from India. The company offers a wide range of fruits like red and green apples, oranges, mandarins, pears, kiwis, dragon fruits, avocados, grapes (Red Globe), plums, nectarines, peaches, cherries, blueberries, grapefruits, mango stems, ram bhutan, longan, tamarind, dates, and many more.
Over the years, Growington Ventures has built a strong and reliable procurement and distribution network that supports smooth business operations in India and abroad.
This efficient system is the result of consistent hard work, smart planning, and solid experience in the global fruit trade. As per updates, the company is also launching a Rights Issue from May 14 to May 24, 2025, with a total issue size of ₹49.75 crores, which shows its steady growth and future planning.
Growington Ventures India Rights Issue 2025 Overview
| Particulars | Details |
|---|---|
| Company Name | Growington Ventures India Limited |
| Issue Price | ₹1 per Rights Equity Share |
| Face Value | ₹1 per Equity Share |
| Payment Terms | Full amount payable at time of application |
| Entitlement Ratio | 3:1 (3 Rights Shares for every 1 share held) |
| Total Shares Offered | 48,16,61,820 Equity Shares |
| Approx Issue Size (Value) | ₹48.17 Crores |
| Total Equity After Issue | 49,75,00,000 Equity Shares |
| Listing Platform | BSE |
| Letter of Offer | Click here |
Growington Ventures India Rights Issue 2025 Dates
| Event | Date |
|---|---|
| Rights Issue Opens | May 14, 2025 (Wednesday) |
| Rights Issue Closes | May 24, 2025 (Saturday) |
| Record Date for Rights | April 29, 2025 (Tuesday) |
| Last Date to Buy Shares | April 28, 2025 (Monday) |
| Renunciation of Rights Entitlements | April 19, 2025 (Saturday) |
| Deemed Date of Allotment | May 2025 (Exact date not specified) |
Object of the Issue
- To meet the Working Capital requirements of the Company and
- General Corporate Purposes.
How to Apply for Growington Ventures India Rights Issue 2025
Investors can apply for the Growington Ventures India Rights Issue 2025 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.
Registrar’s Website (R-WAP Facility): Investors can also apply through the Registrar’s Web-Based Application Platform (R-WAP). This method enables eligible shareholders to submit their applications online by filling out the form on the official website of the registrar and making payment through net banking, UPI, or other online payment modes.
Growington Ventures India Financial Performance
| Financial Metric | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Revenue (₹ Crore) | 31.09 | 20.56 | 0.00 |
| Profit After Tax (₹ Cr) | 1.76 | 1.26 | 0.00 |
| Total Assets (₹ Cr) | 29.53 | 22.30 | 8.82 |
| Net Worth (₹ Cr) | 0.00 | 0.00 | 0.00 |
| Reserves & Surplus (₹ Cr) | 0.00 | 0.00 | 0.00 |
| Total Borrowings (₹ Cr) | 0.00 | 0.00 | 0.00 |
Growington Ventures India Rights Issue 2025 Allotment Status
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query
Company Address:
Growington Ventures India Limited
Shiv Chamber,4th Floor
Plot No 21, Sector 11
CBD Belapur, Navi Mumbai- 400614
Phone: 9122497369
Email: [email protected]
Website: https://www.growington.in/
Growington Ventures India Rights Issue 2025
- To be updated soon
Growington Ventures India Rights Issue 2025 FAQs
When is the record date for Growington Ventures India Rights Issue 2025?
The record date for the Growington Ventures India Rights Issue 2025 is April 29, 2025 (Tuesday).
What is the issue price of Growington Ventures India Rights Issue 2025?
The issue price is ₹1 per Rights Equity Share.
What is the entitlement ratio for Growington Ventures India Rights Issue 2025?
The entitlement ratio is 3:1, meaning 3 Rights Shares for every 1 fully paid-up equity share held as on the record date.