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Right Issue Status: Closed [10th Nov 2021 to 24th Nov 2021]
Vikas Lifecare right issue of 49.54 Cr opens for subscription from 10 Nov to 24 Nov 2021. The company issues 4 right equity shares for every 21 fully paid-up equity shares held as on the record date, 1 Nov 2021. The face value is Rs. 1 and the right issue price is fixed at Rs. 2.8 per share. Rs. 1.10 is payable on application and the remaining Rs. 1.70 will be payable later on the first & final call, as the board decides at sole discretion.
The right issue proceeds will be utilized towards the following objectives;
| Vikas Lifecare Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 17.69 Cr |
| Right Issue Issue Size (Amount) | ₹49.54 Cr |
| Face Value | ₹1 Per Equity Share |
| Right Issue - Issue Price | ₹2.8 per share |
| Right Issue Record Date | 1st Nov 2021 |
| Right Issue Entitlement | 4 right equity shares for every 21 fully paid-up equity shares held on the record date |
| Right Issue Terms of payment | Rs. 1.10 is payable on application and balance Rs. 1.70 per share will be payable later on the first & final call as determined by the board at his sole discretion. |
| Listing At | BSE, NSE |
| BSE Code | 542655 |
| NSE Code | VIKASLIFE |
In this section we have covered all important dates related to Vikas Lifecare 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 | 10th Nov 2021 |
| Right Issue Issue Close Date | 24th Nov 2021 |
| Basis of Allotment Finalisation Date* | 2nd Dec 2021 |
| Refunds Initiation* | 6th Dec 2021 |
| Credit of Shares to Demat Account* | 7th Dec 2021 |
| Right Issue Listing Date* | 8th Dec 2021 |
* - Tentative Dates
Zerodha Trade@20
Vikas Lifecare Limited is engaged in the business of recycling plastic waste and trading polymer compounds. Till 2019, it was only engaged in the trading of polymer compounds i.e. Ethylene-vinyl acetate, Polyvinylchloride resins, chlorinated paraffin, Polyethylene Compound, and Thermoplastic Rubber Compounds but later, with the acquisition of Vikas Ecotech Limited, it has started manufacturing activities of Polymer Compounds. Its products cater to several industries i.e. agriculture and infrastructure, packaging, organic and inorganic chemicals, electrical, FMCG, footwear, pharmaceuticals, automotive, and other consumer goods.
Recently, the firm has also ventured into the Infra sector and started trading food-grade piping systems for drinking water under Jal Jeevan Mission Limited.
Past performance and financial results of Vikas Lifecare.
| Vikas Lifecare Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 |
|---|---|---|
| Total Assets | ₹148.95 | ₹254.69 |
| Total Income | ₹76.01 | ₹158.29 |
| Net Profit/Loss | ₹(3.50) | ₹1.40 |
The table below is live update of Right Issue bidding details from NSE and BSE.
Vikas Lifecare Right Issue Offer Document (Letter of Offer) >>Document
Vikas Lifecare Right Issue Offer Document (Letter of Offer) >>Vikas Lifecare Right Issue Red Herring Prospectus is not yet available.
Vikas Lifecare Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Vikas Lifecare Right Issue Online Application (Registrar & Transfer Agent) >>Vikas Lifecare Right Issue RTA information is not yet available.
Last Updated on 2022-04-06T10:34:04+00:00
