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Veer Global Right Issue

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

Rated 3/5 by Team InvestorGain

Veer Global Right Issue Detail

Veer Global Infraconstruction right issue of Rs. 4.87 Cr opens for subscription from 31 Jan to 14 Feb 2022. The company issues 1 right equity shares for every 8 fully paid-up equity shares held as on the record date, 21 Jan 2022. The right issue share price is fixed at Rs. 60 per share and the full amount is payable on the application. Check out more about the Veer Global Infraconstruction Right Issue including business overview, financial performance, issue timeline, issue entitlement, objectives, and more.

Veer Global Right Issue Objective

  1. Incremental working capital requirements.
  2. General corporate purposes.
  3. Issue Expenditures.

Veer Global Right Issue Details

Veer Global Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 0.08 Cr
Right Issue Issue Size (Amount) ₹4.87 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹60 per share
Right Issue Record Date 21st Jan 2022
Right Issue Entitlement 1 right equity share for every 8 fully paid-up Equity Shares
held on the Record date, 21 Jan 22
Right Issue Terms of payment The full amount of Rs. 60 per share
is payable on the application.
Listing At BSE
BSE Code 543241
NSE Code

Veer Global Right Issue Dates

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

Veer Global Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 31st Jan 2022
Right Issue Issue Close Date 14th Feb 2022
Basis of Allotment Finalisation Date* 21st Feb 2022
Refunds Initiation* 22nd Feb 2022
Credit of Shares to Demat Account* 28th Feb 2022
Right Issue Listing Date* 1st Mar 2022

* - Tentative Dates

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About Company - Veer Global

Veer Global Infraconstruction Limited (VGIL) is a real-estate developer company that offers residential and commercial construction services. It is enagged in the construction activities of residential projects, commercial projects, retail, hotels, entertainment parks, commercial plaza, integrated townships, etc. The business primarly focuses on low-income affordable residential housing projects in Vasai-Virar and Palghar District.

It has completed many projects including Veer 1, Veer 2, Veer Splendor C wing Phase, Veer 4, Shahada – Sai Villa, and Parasnath Township A & B wing. However, 7 constriction projects are still ongoing.

Veer Global Financials for past 3 Years

Past performance and financial results of Veer Global.

Veer Global financial
Veer Global Infraconstruction Financials (₹ in Lakh) 31-Mar-2021 31-Mar-2020
Total Assets ₹35.39 ₹32.63
Total Income ₹13.00 ₹8.51
Net Profit/Loss ₹0.19 ₹0.19

Veer Global Right Issue Live Subscription (NSE + BSE)

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

    Company Address

    Veer Global Infraconstruction Limited
    Shop No 47 Shalibhadra Regency Shalibhadra Nagar, 100 ft. Road Behind Union Bank
    Nalasopara, Thane,Maharashtra-401 209
    India
    Website: http://www.veergloballtd.com/
    Phone: +91-8484817311
    Email: [email protected]

    Registrar

    Purva Sharegistry India Pvt Ltd
    9, Shiv Shakti Industrial Estate,
    JR Borica Marg,
    Lower Parel (East), Mumbai - 400 011
    Website: https://www.purvashare.com/investor-service/ipo-query
    Phone: +91-022-23018261/ 23016761
    Email: [email protected]

    Lead Manager

    1. Navigant Corporate Advisors Ltd

    Veer Global Right Issue Offer Document (Letter of Offer) >>Document

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

    Veer Global Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

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

    Veer Global 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 Veer Global? Should I apply in Veer Global Right Issue?

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


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