Right Issue Status: Closed [15th Jun 2021 to 29th Jun 2021]
Vikas Ecotech Right Issue of 49.12 Cr (36,38,69,577 fully paid up shares at Rs. 1.35) opens for subscription on 15 June and closes on 29 June. The company is issuing 13 right issue for every 10 fully paid-up shares held on the record date 10 June 2021. The right issue price is fixed at Rs. 1.35 per share and the full amount is payable on the application. Check out more about Vikas Ecotech Limited Right Issue including business overview, financials, strengths, risks, timeline, and more.
Vikas Ecotech Limited manufactures specialty chemicals mainly specialty chemical additives and specialty polymer compounds that are used across industries i.e. Pharmaceuticals, infrastructure, organic and inorganic chemicals, electrical, FMCG, footwear, automotive, medical devices, and consumer goods.
It serves customers all over the world i.e. USA, Africa, Europe, and Asia. In FY 2020, 25% of revenue was being generated from export. It has two manufacturing facilities at Shahjanpur, Rajasthan, and Noida, Uttar Pradesh.
Vikas Ecotech Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|Vikas Ecotech Issue Details||Values|
|Right Issue Issue Size(Shares)||36.39 Crores Eq Shares|
|Right Issue Issue Size(Amount)||₹49.12 Crores|
|Face Value||₹1 Per Equity Share|
|Right Issue Issue Price||₹1.35|
|Right Issue Record Date||10th Jun 2021|
|Right Issue Entitlement||13 Equity Share for every 10 Fully paid up Equity Shares held on the Record Date|
|Right Issue Terms of payment||The full amount of ₹ 1.35 per Rights Equity Share is payable on Application.|
|Listing At||BSE, NSE|
Past performance and financial results of Vikas Ecotech.
|Vikas Ecotech Limited Financials||31-Mar-2020||31-Mar-2019|
|Total Assets||₹345.13 Cr||₹391.24 Cr|
|Total Income||₹199.20 Cr||₹259.24 Cr|
|Net Profit/Loss||₹1.02 Cr||₹15.00 Cr|
In this section we have covered all important dates related to Vikas Ecotech 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||15th Jun 2021|
|Right Issue Issue Close Date||29th Jun 2021|
|Basis of Allotment Finalisation Date*||5th Jul 2021|
|Refunds Initiation*||5th Jul 2021|
|Credit of Shares to Demat Account*||7th Jul 2021|
|Right Issue Listing Date*||7th Jul 2021|
* - Tentative Dates
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Vikas Ecotech Right Issue Offer Document (Letter of Offer) >>Document
Vikas Ecotech Right Issue Online Application (Registrar & Transfer Agent) >>Vikas Ecotech Right Issue RTA information is not yet available.
Last Updated on 2021-06-21T16:26:20+00:00