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DSJ Keep Learning Rights Issue 2024: DSJ Keep Learning Limited, previously known as DSJ Communications Limited, established in 1989, specializes in providing extensive educational services.
The company’s offerings encompass campus enablement, online continuing education programs, quality assurance mentoring for educational institutions, research publications, and more. One of its important products, keeplearningOS (kOS), is an IT-enabled solution tailored for educational institutions, streamlining various administrative and academic processes.
DSJ Keep Learning operates across three primary segments: Student Recruitment Services, Technology Platform, and Program Delivery & Management Services.
Know more about Right Issue in 2024
DSJ Keep Learning Rights Issue 2024 Detail
Rights Issue Detail: DSJ Keep Learning Limited has announced a Rights Issue in 2024, aimed at raising capital to support its growth. The Rights Issue of 68,124,036 shares with an issue price of ₹1 per share, totalling ₹6.81 Crores. Shareholders are entitled to subscribe to 7 Rights Equity Shares for every 9 fully paid-up Equity Shares held on the Record Date.
| Detail | Value |
|---|---|
| Issue Size (Shares) | 68,124,036 |
| Issue Size (Amount) | ₹6.81 Crores |
| Issue Price | ₹1 per share |
| Total Value | ₹6.81 Crores |
| Entitlement | 7 Rights Equity Shares for every 9 fully paid-up Equity Shares held on the Record Date |
DSJ Keep Learning Rights Issue 2024 Issue Timetable
- Last Date to Buy Shares: May 13, 2024
- DSJ Keep Learning Rights Issue 2024 Record Date: May 14, 2024
Financial Performance: In the financial year ending March 31, 2023, DSJ Keep Learning Limited financial report shows a 16.09% increase in revenue. However, its profit after tax (PAT) experienced a significant decline of -95.11% compared to the previous financial year ending March 31, 2022.
Objects of the Issue
The proceeds from the Rights Issue will be allocated towards the following objectives:
- Repayment or pre-payment of an unsecured loan from the Promoter Group Entity.
- Funding software development expenses.
- Covering costs associated with Program Delivery & Management Services.
- Meeting general corporate purposes.
Application Method Of DSJ Keep Learning Rights Issue 2024
You have two options to apply for the DSJ Keep Learning Rights Issue 2024:
- Net Banking (ASBA): Here are the steps to apply using Net Banking:
- Log in to your bank’s net banking portal.Navigate to the ‘IPO & Rights Issue’ section.Check if the DSJ Keep Learning Rights Issue 2024 is listed.Click on the ‘Apply’ button next to the DSJ Keep Learning Rights Issue 2024.Fill in your details and verify them.Apply.
- Registrar’s Website (R-WAP Facility): Follow these steps to apply through the Registrar’s website:
- Visit the Registrar’s website.
- Go to the ‘Rights Issue’ section.
- Choose DSJ Keep Learning Rights Issue 2024 from the dropdown menu.
- Enter your Demat Account Number.
- Complete the online application form with the required details.
- Validate the information and apply.
These methods provide convenient ways to apply for the DSJ Keep Learning Rights Issue 2024. Ensure to follow the respective procedures carefully for a successful application.
Company Contact Information:
- Address: 419-A, 4 Arun Chambers, Next to AC Market, Tardeo, Mumbai – 400034
- Phone: +022 40023127
- Email: compliance@dsjkeeplearning.com
- Website: DSJ Keep Learning Website
Registrar
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: keeplearning.rights2024@linkintime.co.in
- Website: Link Intime India Private Ltd
Lead Manager(s): Details not available.
Rating and Reviews: The Rights Issue has been rated 1.0 stars, with no available reviews at the moment.
Right Issue Documents:
FAQs Of DSJ Keep Learning Rights Issue 2024
What is the purpose of the Rights Issue by DSJ Keep Learning Limited in 2024?
The Rights Issue is aimed at raising capital to support the company’s growth initiatives.
DSJ Keep Learning Limited is offering 68,124,036 shares at an issue price of ₹1 per share.
What is the total value of the Rights Issue?
The total value of the Rights Issue is ₹6.81 Crores.
Shareholders are entitled to subscribe to 7 Rights Equity Shares for every 9 fully paid-up Equity Shares held on the Record Date.
