Yarn Syndicate Rights Issue Details 2024
Last updated August 22, 2026
This IPO News reference page covers “Yarn Syndicate Rights Issue Details 2024”. The page is organized around yarn syndicate ltd. rights issue details, yarn syndicate ltd. rights issue dates, yarn syndicate ltd. rights issue objective, yarn syndicate ltd. financial information (restated), about company. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Yarn Syndicate Ltd. Rights Issue Details
- Yarn Syndicate Ltd. Rights Issue Dates
- Yarn Syndicate Ltd. Rights Issue Objective
- Yarn Syndicate Ltd. Financial Information (Restated)
- About Company
- Company Address
- Yarn Syndicate RI Registrar
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Issue Price of Rs.27/- shall be payable by the eligible shareholders in the following manner: 1. Rs. 13.50 at the time of application and 2. Balance Rs. 13.50 in 1st and Final call, as determined b
- The company intends to utilize the proceeds raised through the Issue ("Gross Proceeds") after deducting the Issue related expenses ("Net Proceeds") for the following objects
- Yarn Syndicate Ltd.'s revenue decreased by -95.07% and profit after tax (PAT) dropped by -139.85% between the financial year ending with March 31, 2023 and March 31, 2022.
- The products exported by the company are 100% cotton yarns, 100% polyester yarns, 100% viscose yarns, texturized polyester yarns, jute yarns and other types of yarns like flax yarn and raw cotton etc.
Data Tables
| Issue Size (Shares) | 1.80 Cr Shares |
|---|---|
| Issue Size (Amount) | ₹48.60 Cr |
| Face Value | ₹10 Per Share |
| Issue Price | ₹27 per share |
| Record Date | 24th Jan 2024 |
| Listing At | BSE |
| BSE Code | 514378 |
| Letter of Offer | |
| Online Application (Registrar & Transfer Agent) | |
| Entitlement | 24 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
| Terms of payment | Issue Price of Rs.27/- shall be payable by the eligible shareholders in the following manner: 1. Rs. 13.50 at the time of application and 2. Balance Rs. 13.50 in 1st and Final call, as determined b |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 0.18 | 0.45 | 0.36 |
| Revenue | 0.03 | 0.60 | 0.00 |
| Profit After Tax | -0.16 | 0.40 | 0.35 |
| Net Worth | |||
| Reserves and Surplus | -4.17 | -4.01 | -4.41 |
| Amount in ₹ Crore |
Source record: View original public source ↗