Heritage Foods Rights Issue 2023 Details

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Heritage Foods Limited was established in 1992, and it processes and sells dairy products. Dairy and Renewable Energy are the two business divisions of the organisation. Currently, Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharastra, Odisha, NCR Delhi, Haryana, Rajasthan, Uttarakhand, and Uttar Pradesh are among the states that sell Heritage’s milk and milk-related products like curd and etc. 

The company’s product portfolio includes Milk, Curd, Buttermilk, Ice-cream, Frozen Desserts, Lassi and flavoured milk. The annual turnover of Heritage Foods stood at INR 24,070 million in the financial year 2020-21.

The corporation has posted the rights issue record date as Announced Soon. The company Heritage Foods Rights Offering Price of this issue has been declared at 5 per share as per the face value of 5. The company will offer 4,63,98,000 Shares through this rights issue and with this issue, the company will raise 23.20 Crores.

Heritage Foods Rights Issue Details 

Issue Open Jan 30, 2023 – Feb 13, 2023 
Security Name Heritage Foods Limited 
Issue Size (Shares) 46,398,000 
Issue Size (Amount) ₹23.20 Crores 
Issue Price ₹5 per share 
Face Value ₹5 per share 
Listing At BSE, NSE 
Terms of Payment  
Entitlement 1 Equity Shares for every 1 Equity Shares held on the Record Date 
Quint Digital Rights Issue 2023 Details

Heritage Foods Rights Issue Timetable 

Record Date Jan 20, 2023 
Credit of Rights Entitlements  
Bid/Offer Opens On Jan 30, 2023 
Renunciation of Rights Entitlements Feb 8, 2023 
Bid/Offer Closes On Feb 13, 2023 
Deemed Date of Allotment  
Credit Date  
Listing Date  

Company Financials  

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-22 902.58 2692.55 96.09 657.55 
Amount in ₹ Crore 

Rights Issue Documents

Company Contact Information

Heritage Foods Limited
Regd. Off: # 6-3-541/C, Panjagutta
Hyderabad
500 082

Phone: +91-40-23391221
Email: hfl@heritagefoods.in
Websitehttp://www.heritagefoods.in/

Rights Issue Registrar

Rights Issue Lead Manager(s)

  1. Chartered Finance Management Ltd

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