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Bandaram Pharma Packtech Right Issue Details 2023

Right Issue Status: Closed [12th Jul 2023 to 20th Jul 2023]

Rated 3/5 by Team InvestorGain

Bandaram Pharma Packtech  Right Issue Detail

Bandaram Pharma Packtech Limited offers Right Issue size of 9,000,000 equity shares worth of Rs 9.00 Cr. The subscription for this Rights Issue is opening from 12 July 2023 to 20 July 2023. The company issues 3 Rights equity shares for every fully paid-up 1 equity shares held on the till record date. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs. 10 per share.

Stay updated with us to know more about the Bandaram Pharma Packtech Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, sand more.

Bandaram Pharma Packtech Right Issue Objective

The company proposes to utilize the net proceeds from the issue towards funding the following objects:

  1. Conversion of unsecured loans availed by our Company from the Promoters;
  2. Investment in our Subsidiary, "VSR Paper & Packaging Limited" for augmentation of funding requirements for its business activities.
  3. Acquisition of Companies to achieve inorganic growth.
  4. General Corporate Purposes

Bandaram Pharma Packtech Right Issue Details

Bandaram Pharma Packtech Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 0.90 Cr Shares
Right Issue Issue Size (Amount) ₹9.00 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹10 per share
Right Issue Record Date 30th Jun 2023
Right Issue Entitlement 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date
Right Issue Terms of payment

The Full amount of Rs. 10/- for rights equity shares will be payable on application.

Listing At BSE
BSE Code 524602
NSE Code

Bandaram Pharma Packtech Right Issue Dates

In this section we have covered all important dates related to Bandaram Pharma Packtech Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

Bandaram Pharma Packtech Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 12th Jul 2023
Right Issue Issue Close Date 20th Jul 2023
Basis of Allotment Finalisation Date* 26th Jul 2023
Refunds Initiation* 17th Jul 2023
Credit of Shares to Demat Account* 31st Jul 2023
Right Issue Listing Date* 3rd Aug 2023

* - Tentative Dates

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About Company - Bandaram Pharma Packtech

Bandaram Pharma Packtech Ltd. decided to enter the paper industry and has been successfully operating in this field since 2022. Due to the increasing activity in this field, the computer sales and AMC business was slowly discontinued, so that today the company is only active in one field, which is the processing and supply of recycled paper. The company supplies various categories of recycled paper, both imported and domestic, to small and medium paper mills located mainly in East and West Godavari districts of Andhra Pradesh. Bandaram Pharma Packtech Ltd. has established itself as a reputable supplier and has signed long-term supply agreements with several recycled paper manufacturers.

BPPL is a holding company whose corporate objective is to enhance long-term shareholder value through a high rate of growth in book value per share. BPPL relies on a team of experienced professionals to manage its investments. The Company's activities consist of investing in subsidiaries and providing them with additional business. The company has no other activities. The Company is committed to maintaining the highest level of transparency, compliance and ethical standards.

Bandaram Pharma Packtech Financials for past 3 Years

Past performance and financial results of Bandaram Pharma Packtech .

Bandaram Pharma Packtech Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-223.00-0.01
31-Mar-2320.1718.920.26
Amount in ₹ Crore

Bandaram Pharma Packtech Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    Bandaram Pharma Packtech Limited
    601, 5th Floor, Oxford Towers, Opp to Leela Palace Hotel, Old Airport Road
    Kodihalli, Bengaluru,Karnataka-560 008
    India
    Website: http://www.bandaram.com/
    Phone: +91 98865 31601
    Email: [email protected]

    Registrar

    Cameo Corporate Services Limited
    Cameo Corporate Services Ltd.,
    Subramanian Building # 1, Club House Road,
    Chennai 600 002 - India
    Website: https://ipo.cameoindia.com/
    Phone: +91-44-28460390
    Email: [email protected]

    Lead Manager

    1. Bajaj Capital Limited

    Bandaram Pharma Packtech Right Issue Offer Document (Letter of Offer) >>Document

    Bandaram Pharma Packtech Right Issue Offer Document (Letter of Offer) >>Bandaram Pharma Packtech Right Issue Red Herring Prospectus is not yet available.

    Bandaram Pharma Packtech Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Bandaram Pharma Packtech Right Issue Online Application (Registrar & Transfer Agent) >>Bandaram Pharma Packtech Right Issue RTA information is not yet available.

    Bandaram Pharma Packtech Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Bandaram Pharma Packtech ? Should I apply in Bandaram Pharma Packtech Right Issue?

    Last Updated on 2023-07-23T06:00:21+00:00


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