Kings Infra Ventures gains on raising Rs 89.50 crore via NCDs

Kings Infra Ventures is currently trading at Rs. 98.40, up by 1.15 points or 1.18% from its previous closing of Rs. 97.25 on the BSE.

Kings Infra Ventures
Kings Infra Ventures

The scrip opened at Rs. 98.90 and has touched a high and low of Rs. 98.90 and Rs. 98.35 respectively. So far 708 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 124.50 on 12-Sep-2022 and a 52 week low of Rs. 62.10 on 16-Feb-2022.

Last one week high and low of the scrip stood at Rs. 98.95 and Rs. 94.10 respectively. The current market cap of the company is Rs. 228.66 crore.

The promoters holding in the company stood at 71.69%, while Non-Institutions held 28.31% stake in the company.

Kings Infra Ventures has raised Rs 89.50 crore through the allotment of the Fourth tranche of Unlisted Secured redeemable non-convertibles debentures (NCDs) on Private Placement Basis. The Debenture Committee of the Company has, at its meeting held on February 8, 2023, allotted the same.

Kings Infra Ventures is pioneer in India’s seafood and aquaculture industry was originally registered as ‘Victory Aqua Farm’.

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