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Beardsell Right issue

Right Issue Status: Closed [31st Dec 2021 to 14th Jan 2022]

Rated 3/5 by Team InvestorGain

Beardsell Right Issue Detail

Beardsell right issue of Rs. 9.37 Cr opens for subscription from 31 Dec to 14 Jan 2022. The company issues 1 right equity shares for every 3 fully paid-up equity shares held as on the record date, 17 Dec 2021. The face value is Rs. 2 and the right issue price is Rs. 10 per share. The full amount of Rs. 10 per right equity share is payable on the application.

Beardsell Right Issue Objective

The right issue aims to utilize net proceeds for the following purposes;

  1. Part repayment and/or prepayment of inter-corporate deposits availed by the company.
  2. To make part repayment and/or pre-payment of unsecured loans availed by promoters.
  3. Meet general corporate purposes.

Beardsell Right Issue Details

Beardsell Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 0.94 Cr
Right Issue Issue Size (Amount) ₹9.37 Cr
Face Value ₹ Per Equity Share
Right Issue - Issue Price ₹10 per share
Right Issue Record Date 17th Dec 2021
Right Issue Entitlement 1 rights equity share for every 3 fully paid-up equity shares held on the record date
Right Issue Terms of payment The entire amount of the issue price of Rs. 10 per rights equity share shall be payable at the time of application.
Listing At BSE, NSE
BSE Code 539447
NSE Code BEARDSELL

Beardsell Right Issue Dates

In this section we have covered all important dates related to Beardsell 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.

Beardsell Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 31st Dec 2021
Right Issue Issue Close Date 14th Jan 2022
Basis of Allotment Finalisation Date* 24th Jan 2022
Refunds Initiation* 24th Jan 2022
Credit of Shares to Demat Account* 25th Jan 2022
Right Issue Listing Date* 28th Jan 2022

* - Tentative Dates

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About Company - Beardsell

Beardsell Ltd manufactures and markets a range of thermal insulation and packaging products particularly Expanded Polystyrene (EPoS) and rigid and flexible Polyurethane Foam (PUF) products. The key business operations are to provide products & services for packaging, thermal insulation, and pre-fabricated metal sheet, and EPoS core buildings and panels. The company also caters to the construction industry and manufactures pre-fabricated metal sheet and EPoS buildings and panels.

The company caters to customers across industries i.e. consumer durables, engineering, electrical, pharmaceutical, and agro products. Samsung, Haeir, Nokia, LG Electronics, Greaves Cotton, Butterfly Home Appliances, TAFE are the key clients served by Beardsell. The firm's manufacturing capabilities are located in Chennai, Hyderabad, Bengaluru, Thane, Pune, and NOIDA.

Beardsell Financials for past 3 Years

Past performance and financial results of Beardsell.

Beardsell financial
Beardsell Financials (₹ in Cr) 30-Sep-2021 31-Mar-2020
Total Assets ₹120.93 ₹123.08
Total Income ₹82.73 ₹47.67
Net Profit/Loss ₹0.60 ₹(2.71)

Beardsell Right Issue Live Subscription (NSE + BSE)

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

    Company Address

    Beardsell Limited
    47, Greames Road,
    Chennai,Tamil Nadu-600006
    India
    Website: https://www.beardsell.co.in/
    Phone: +91 44 2829 3296
    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. Saffron Capital Advisors Private Limited

    Beardsell Right Issue Offer Document (Letter of Offer) >>Document

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

    Beardsell Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

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

    Beardsell 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 Beardsell? Should I apply in Beardsell Right Issue?

    Last Updated on 2022-04-06T10:33:34+00:00


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