Hi Gujarat
Menu
  • Home
  • Business
  • Lifestyle
  • Health
  • Education
  • National
  • PR
Menu

Jaipur based Holani Consultants set record by managing 224cr rights issue of AGL

Posted on October 7, 2021 by Hi Gujarat Webdesk

Jaipur (Rajasthan) [India], October 07: Tier II City based Investment Banker Holani Consultants Private Limited successfully lead managed Maiden Right Issue of 3rd Largest Tile manufacturing company in India ASIAN GRANITO INDIA LIMITED. The Right Issue size was 224.64 Cr and opened for subscription on 23rd September 2021 and closed on 7th October 2021. The issue was oversubscribed by 1.13%, and applications for Rs 255.67 Cr received in the right issue till 4.00 PM on 7th October 2021.

The right issue in terms of the fund raised was 3rd largest Right Issue in the fiscal year 2021 and the first right issue under the Ceramic industry since the fiscal year 2010.

The issue was attractively priced at Rs.100/- against the CMP of Rs.170 per share, which resulted in overwhelms responses from the investors. As of the record date 7th September 2021, Asian Granito India Limited has 62000+ shareholders, and most of the them subscribed to the offer. Also, there was a huge demand for the Rights entitlements of the company, and during the limited period of trading of rights entitlements, around 58 lacs rights entitlements hands were changed at an average price of 38 to 39 per share.

Speaking to the occasion, Mr Ashok Holani, Director of Holani Consultants Private Limited, said that HCPL has entered into the merchant banking business in the year 2018 and since then have successfully fund raised 325 Cr for its clients. He further added that their company is always thriving to bring the best quality companies in the capital market under their investment banking arm. Mr Holani further added that in the current financial year, HCPL is managing three mainboard IPO and 3 SME IPOS and all are scheduled to hit the markets in the current financial year.

5 thoughts on “Jaipur based Holani Consultants set record by managing 224cr rights issue of AGL”

  1. canadian prescription drug prices says:
    April 14, 2023 at 10:47 am

    safe reliable canadian pharmacy

  2. mexican pharmacy cialis says:
    April 14, 2023 at 12:34 pm

    online pharmacies

  3. canadian pharmaceutical prices says:
    April 14, 2023 at 12:42 pm

    list of online canadian pharmacies

  4. canadian pharmacies top best says:
    April 14, 2023 at 9:59 pm

    buy prescription drugs online

  5. safe reliable canadian pharmacy says:
    May 1, 2023 at 9:05 pm

    canadian meds

Leave a Reply Cancel reply

Your email address will not be published.

Recent Posts

  • Innovating Monetization Strategies: How Magazine Publishers Thrive in the Digital Era
  • Lincoln Pharmaceuticals Ltd achieves the milestone of Rs. 533 crore Revenue and Rs. 100 crore Profit before Tax for the first time in a Financial Year for FY2022-23
  • BigBloc Construction Ltd Reports Net Profit of Rs. 30.14 crore in FY23, rise of 87.4% Y-o-Y
  • Avani Institute of Design Announces Bachelor of Architecture Undergraduate Program 2023-24
  • IMS Ghaziabad (University Courses Campus) indicates how generative AI technologies have the potential to transform methods of teaching

Recent Comments

  • تست pcr برای سفر به دبی on Regional Skill Development and Certification Authority (RSDCA) is a tool to help you reach your goals, no matter what is holding you back! Growing Online Skill Assessment and Certification Agency
  • Ykmuvc on IDBI Intech implements its innovative Anti Money Laundering solution at Life Insurance Corporation of India (LIC)
  • Trzbeq on Mogul Kitchen, Frozen Kebabs & Snacks: The Next Big Thing In Kebab Industry
  • SheldonBiz on Here is How Rajsinha Eknath Rajenimbalkar Became A Symbol Of Hope To People In Osmanabad!
  • Nqusyb on Khushiyaan Foundation wins hearts by feeding a Million lives during Coronavirus Pandemic

Archives

  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020

Categories

  • A
  • Business
  • Design
  • Education
  • English
  • Entertainment
  • Health
  • Hindi
  • Lifestyle
  • National
  • Press Release
  • Sports
  • Technology
  • Uncategorized
  • World
  • एजुकेशन
  • गुजरात
  • नेशनल
  • बिज़नस
  • लाइफस्टाइल
  • हेल्थ

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
©2023 Hi Gujarat | WordPress Theme by Superbthemes.com