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Right Issue Status: Closed [24th Feb 2023 to 10th Mar 2023]
Veer Global Infraconstruction Limited offers Right Issue size of Rs 10.56 Cr. which subscription is opening from 24 Feb 2023 to 10 Mar 2023. The company issues 01right equity shares for every 09 equity shares held on the record date of 10 Feb 2023. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs. 130 per share.
Stay updated with us to know more about the Veer Global Infraconstruction Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.
The Company proposes to utilize the net proceeds from the Issue towards funding the following objects.
| Veer Global Infraconstruction Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 0.08 Cr Shares |
| Right Issue Issue Size (Amount) | ₹10.56 Cr |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹130 per share |
| Right Issue Record Date | 10th Feb 2023 |
| Right Issue Entitlement | 1 Rights Equity Share(s) for every 9 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | The entire amount of Rs. 130 is payable at the time of Application. |
| Listing At | BSE |
| BSE Code | 543241 |
| NSE Code |
In this section we have covered all important dates related to Veer Global Infraconstruction 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 | 24th Feb 2023 |
| Right Issue Issue Close Date | 10th Mar 2023 |
| Basis of Allotment Finalisation Date* | 21st Mar 2023 |
| Refunds Initiation* | 3rd Mar 2023 |
| Credit of Shares to Demat Account* | 24th Mar 2023 |
| Right Issue Listing Date* | 29th Mar 2023 |
* - Tentative Dates
Zerodha Trade@20
Veer Global Infraconstruction Limited was established in Jan 2012 in Mumbai. They are a real estate developer, primarily focusing on development of residential projects in Vasai- Virar and Palghar district. They have over 10 years of experience in, developing residential projects in the lowincome affordable housing segment. Its projects primarily cater to affordable housing where they try to bring reality to the dreams of people for owning their own place to live, we achieve this by creative pricing and flexible payment terms ranges within the low-income affordable housing market segment.
VGIL extensive spectrum of creations spans across multiple segments like residential projects, business and retail properties, Integrated Townships and Commercials Plaza. Its core business operations feature varied aspects of construction business, such as location identification, acquisition, project planning, designing and development.
The landmark developments across MUMBAI, VASAI, VIRAR, UMROLI, BOISAR & SHAHADA that created a remarkable difference by pioneering new lifestyle concepts, leveraging cutting edge technology and creating insightful designs. The success has been inspired by its dynamic leadership, passionate team of experts, league of shareholders and its ever growing quest for excellence.
Past performance and financial results of Veer Global Infraconstruction .
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 35.01 | 13.00 | 0.27 |
| 31-Mar-22 | 47.62 | 7.82 | 0.39 |
| Amount in ₹ Crore | |||
The table below is live update of Right Issue bidding details from NSE and BSE.
Veer Global Infraconstruction Right Issue Offer Document (Letter of Offer) >>Document
Veer Global Infraconstruction Right Issue Offer Document (Letter of Offer) >>Veer Global Infraconstruction Right Issue Red Herring Prospectus is not yet available.
Veer Global Infraconstruction Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Veer Global Infraconstruction Right Issue Online Application (Registrar & Transfer Agent) >>Veer Global Infraconstruction Right Issue RTA information is not yet available.
Last Updated on 2023-03-13T03:30:49+00:00
