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Right Issue Status: Closed [31st Aug 2021 to 14th Sep 2021]
Texel Industries Right issue of 3122398 shares at Rs. 40 each aggregating to Rs. 12.49 Cr opens for subscription on 31st August and closes on 14 September. The company is issuing 55 rights equity shares for every 92 fully paid-up Equity Shares held on the Record Date of 17 August 2021. Check about Texel Industries Right Issue detail including offer size, right issue entitlement, terms of payment, and more.
| Texel Industries Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 3122398 |
| Right Issue Issue Size (Amount) | ₹124896000 |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹40 per share |
| Right Issue Record Date | 17th Aug 2021 |
| Right Issue Entitlement | 55 Rights Equity Shares for every 92 fully paid-up Equity Shares held on the Record date |
| Right Issue Terms of payment | 50% or Rs. 20 will be payable on application and remaining 50% or Rs. 20 will be payable on the first and final call |
| Listing At | BSE |
| BSE Code | 526638 |
| NSE Code |
In this section we have covered all important dates related to Texel Industries 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.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 31st Aug 2021 |
| Right Issue Issue Close Date | 14th Sep 2021 |
| Basis of Allotment Finalisation Date* | 21st Sep 2021 |
| Refunds Initiation* | 22nd Sep 2021 |
| Credit of Shares to Demat Account* | 22nd Sep 2021 |
| Right Issue Listing Date* | 24th Sep 2021 |
* - Tentative Dates
Zerodha Trade@20
Texel Industries is engaged in the business of manufacturing tarpaulins and geomembranes. The company manufactures a wide range of geosynthetic textile products such as tarpaulins, geomembranes, vermibed, geotank, grow bags azollabed, geotube, and waterproof membrane. Its products are being used across industries such as agriculture, aquaculture, horticulture, civil engineering, animal husbandry, water harvesting, water conservation, landscaping, transportation, and waste management.
Currently, the firm owns a manufacturing facility at Santej, Gandhinagar with an installed manufacturing capacity of 9,000 MT per annum and the business is further looking to establish a new manufacturing facility at Prime Industrial and Logistic hub in Kheda, Gujarat to expand aggregated manufacturing capacity by 10,080 MT per annum.
Past performance and financial results of Texel Industries.
| Texel Industries Financials | 31-Mar-2021 | 31-Mar-2020 |
|---|---|---|
| Total Assets | ₹7,336.23 Lakh | ₹3,744.64 Lakh |
| Total Income | ₹8,306.98 Lakh | ₹9,552.95 Lakh |
| Net Profit/Loss | ₹213.30 Lakh | ₹207.24 Lakh |
The table below is live update of Right Issue bidding details from NSE and BSE.
Texel Industries Right Issue Offer Document (Letter of Offer) >>Document
Texel Industries Right Issue Offer Document (Letter of Offer) >>Texel Industries Right Issue Red Herring Prospectus is not yet available.
Texel Industries Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Texel Industries Right Issue Online Application (Registrar & Transfer Agent) >>Texel Industries Right Issue RTA information is not yet available.
Last Updated on 2021-09-27T10:39:14+00:00
