Aa Plus Tradelink Rights Issue

Aa Plus Tradelink Rights Issue will open for subscription from 22 April 2024. the company aims for an issue size of ₹29.39 Crores through this rights Issue.

About the company

Founded in March 2016, AA Plus Tradelink Limited trades products made of iron & steel, aluminium, graphite, and other alloy products. The company’s product portfolio includes

  1. Aluminum Bars, Rods & Profiles
  2. Aluminium Powder
  3. Aluminum Scrap
  4. Ammonium Molybdenum
  5. G I Pipe
  6. Graphite Flakes and Circl
  7. Graphite Powder
  8. Graphite Rods, Blocks and Plates
  9. Graphite Scrap
  10. Graphite Square and Round
  11. >M S Pipe
  12. >M S Sheet
  13. Matrix Powder
  14. Nickel Powder
  15. Tungsten
  16. Zirconium Alloy

The company also supplies Epoxy Floor Coating, Industrial Epoxy Floor Coating, Epoxy Floor Coating Marine, PU Floor Coating, Epoxy Coating, Epoxy Primer, Epoxy High Build Coating, and Epoxy Heat Resistance Coating. The company serves corporate and other clients from the construction and manufacturing industry.

Objectives of the Issue

  • To meet the Working Capital requirements of the company; and
  • General Corporate Purposes

Aa Plus Tradelink Rights Issue Timetable

Last Date to buy shares04 April 2024
Record Date05 April 2024
Credit of Rights Entitlements
Bid/Offer Opens On22 April 2024
Renunciation of Rights Entitlements03 May 2024
Bid/Offer Closes On16 May 2024
Deemed Date of Allotment14 May 2024
Credit Date20 May 2024
Listing Date17 May 2024

Aa Plus Tradelink Rights Issue Details

Issue OpenApril 22, 2024 – May 16, 2024
Security NameAa Plus Tradelink Ltd
Issue Size (Shares)16,329,600
Issue Size (Amount)₹29.39 Crores
Issue Price₹18 per share
Face Value₹10 per share
Listing AtBSE
Terms of PaymentFull amount of Rs 18/- per Equity Share is payable on application.
Entitlement2 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

Company Financials

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Profit After Tax0.210.190.13
Reserves and Surplus4.774.561.50
(Amount in ₹ Crore)

Aa Plus Tradelink Rights Issue Documents

Lead Manager(s)

Aa Plus Tradelink Rights Issue Registrar

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com

Company Contact Information

Aa Plus Tradelink Ltd
B-702, Divine Jalpa, Gomati Bhuvan
Near Jain Temple, Jambli Gali,
Borivali (West),-Mumbai – 400092,

Phone: +91 22 2898 0308
Email: contact@aaplustradelink.com

Final Thoughts

Applying for the rights issue is purely a personal choice. make sure you make a detailed study about the company and rights issue before you make an investment decision.

Happy investing

Leave a Comment

Your email address will not be published. Required fields are marked *