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Right Issue Status: Closed [7th Aug 2023 to 23rd Aug 2023]
Vaxtex Cotfab Limited offers Right Issue size of 63,145,050 equity shares worth of Rs 8.71 Cr. The subscription for this Rights Issue is opening from 07 Aug 2023 to 18 Aug 2023. The company issues 01 Rights equity shares for every fully paid-up 02 equity shares held on the record date of 24 July 2023. The face value of a share is Rs.1 per share and the right issue price is fixed at Rs. 2 per share.
Stay connected with us to more about Vaxtex Cotfab Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, sand more.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
| Vaxtex Cotfab Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 6.31 Cr Shares |
| Right Issue Issue Size (Amount) | ₹8.71 Cr |
| Face Value | ₹1 Per Equity Share |
| Right Issue - Issue Price | ₹2 per share |
| Right Issue Record Date | 24th Jul 2023 |
| Right Issue Entitlement | 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | Full amount of Rs. 2/- per Equity share is payable on application by eligible shareholders. |
| Listing At | NSE |
| BSE Code | |
| NSE Code | VCL |
In this section we have covered all important dates related to Vaxtex Cotfab 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 | 7th Aug 2023 |
| Right Issue Issue Close Date | 23rd Aug 2023 |
| Basis of Allotment Finalisation Date* | 25th Aug 2023 |
| Refunds Initiation* | 14th Aug 2023 |
| Credit of Shares to Demat Account* | 29th Aug 2023 |
| Right Issue Listing Date* | 31st Aug 2023 |
* - Tentative Dates
Zerodha Trade@20
Vaxtex Cotfeb Limited was established in 2005 as “Foolproof Vyapaar Private Limited” in Kolkata. The company is engaged in textile processing and trading. The company is engaged in processing (dyeing and finishing) of grey fabrics for shirts, suits and other accessories and outsourcing for other fabric and garment companies. They process various fabrics such as 100% cotton – Lycra and Non-Lycra, cotton blends – Chief Value Cotton, polyester cotton, 100% yarn dyed cotton, polyester viscose, Terry Rayon Suiting and Mock Linen. The company also takes orders from companies for finished fabrics for corporate brands.
They process various fabrics such as 100% cotton – Lycra and Non-Lycra, cotton blends – Chief Value Cotton, polyester cotton, 100% yarn dyed cotton, polyester viscose, terry rayon suiting and mock linen. Your Company also takes orders from companies for finished fabrics for corporate brands.
This Company commenced trading of fabrics at FY in 2015-16. In the initial stage, the company traded only cotton fabrics. Later, the company started trading in other fabrics as well, but on a very small scale. It bought fabrics from grey fabric manufacturers and large wholesalers.
Past performance and financial results of Vaxtex Cotfab .
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 21.69 | 23.99 | 69.48 |
| Revenue | 26.22 | 62.28 | 76.51 |
| Profit After Tax | 0.18 | 1.49 | 1.13 |
| Net Worth | |||
| Reserves and Surplus | |||
| Total Borrowing |
The table below is live update of Right Issue bidding details from NSE and BSE.
Vaxtex Cotfab Right Issue Offer Document (Letter of Offer) >>Document
Vaxtex Cotfab Right Issue Offer Document (Letter of Offer) >>Vaxtex Cotfab Right Issue Red Herring Prospectus is not yet available.
Vaxtex Cotfab Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Vaxtex Cotfab Right Issue Online Application (Registrar & Transfer Agent) >>Vaxtex Cotfab Right Issue RTA information is not yet available.
Last Updated on 2023-08-26T05:32:51+00:00
