Kings Infra Ventures gains on raising Rs 1.77 crore through NCDs
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Kings Infra Ventures is currently trading at Rs. 170.95, up by 0.70 points or 0.41% from its previous closing of Rs. 170.25 on the BSE.
The scrip opened at Rs. 171.00 and has touched a high and low of Rs. 171.00 and Rs. 169.10 respectively. So far 2317 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 236.80 on 06-Feb-2024 and a 52 week low of Rs. 102.00 on 07-Jul-2023.
Last one week high and low of the scrip stood at Rs. 181.90 and Rs. 169.10 respectively. The current market cap of the company is Rs. 417.21 crore.
The promoters holding in the company stood at 68.78%, while Non-Institutions held 31.22% stake in the company.
Kings Infra Ventures has raised Rs 1.77 crore through the allotment of 17,700 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 1,000 each on Private Placement Basis. The Debenture Committee of the Company has, at its meeting held on May 7, 2024, allotted the same.
Kings Infra Ventures is pioneer in India's seafood and aquaculture industry was originally registered as ‘Victory Aqua Farm’.
