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Right Issue Status: Closed [7th Feb 2022 to 8th Mar 2022]
Wardwizard Innovations and Mobility right issue of Rs. 48.89 Cr opens for subscription from 7 Feb to 8 Mar 2022. The company issues 3 right equity shares for every 2 fully paid-up equity shares held on the record date, 22 Jan 2022. The face value of share is Rs. 1 per share and the right issue price is fixed at Rs. 82 per share, 82 times the face value. Stay updated with us to know more about the Wardwizard Innovations and Mobility Right Issue including issue size, right issue entitlement, terms of payment, and more.
The right issue aims to utilize the net proceed for the following purposes;
| Wardwizard Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 0.60 Cr |
| Right Issue Issue Size (Amount) | ₹48.89 Cr |
| Face Value | ₹1 Per Equity Share |
| Right Issue - Issue Price | ₹82 per share |
| Right Issue Record Date | 22nd Jan 2022 |
| Right Issue Entitlement | 3 Rights Equity Shares for every 2 fully paid-up equity shares held on the Record Date |
| Right Issue Terms of payment | 50% of issue price, Rs. 41/share is payable on application and rest Rs. 41 is payable on one or more subsequent calls. |
| Listing At | BSE |
| BSE Code | 538970 |
| NSE Code |
In this section we have covered all important dates related to Wardwizard 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 Feb 2022 |
| Right Issue Issue Close Date | 8th Mar 2022 |
| Basis of Allotment Finalisation Date* | 28th Feb 2022 |
| Refunds Initiation* | 1st Mar 2022 |
| Credit of Shares to Demat Account* | 7th Mar 2022 |
| Right Issue Listing Date* | 8th Mar 2022 |
* - Tentative Dates
Zerodha Trade@20
Wardwizard Innovations and Mobility Limited is engaged in the business of manufacturing electric vehicle under the brand name "Joy E Bikes" and smart technology enabled electronic appliances under the brand, "Vyom".
Joy E Bikes is one of the leading electric vehicle brand of 2 wheelers in 9 different models from low-speed to high-speed bikes. It is the first BSE listed company in the EV segment. With the rising demand of electric Bikes, Joy E Bikes has introduced low-speed two-wheelers like Gen Next, Glob, Wolf, and Monster. It has further introduced high-speed e-bike, E-Monster, Thunderbolt, Hurricane, Beast, and Skyline. The brand owns India's largest 2 wheeler plant on a 3 acres plot with a production capacity of 1 lakh electric vehicle.
Vyom brand sells products from LED TVs to Alkaline water purifier, air purifiers to hydrogen water bottles, and 4 door regrigerators, etc. Its RAGA line offers products including earphones, bluetooth speakers, headphones, and sound bars.
Past performance and financial results of Wardwizard.
| Wardwizard Innovations and Mobility Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 |
|---|---|---|
| Total Assets | ₹38.06 | ₹11.42 |
| Total Income | ₹39.36 | ₹0.21 |
| Net Profit/Loss | ₹1.87 | ₹(0.91) |
The table below is live update of Right Issue bidding details from NSE and BSE.
Wardwizard Right Issue Offer Document (Letter of Offer) >>Document
Wardwizard Right Issue Offer Document (Letter of Offer) >>Wardwizard Right Issue Red Herring Prospectus is not yet available.
Wardwizard Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Wardwizard Right Issue Online Application (Registrar & Transfer Agent) >>Wardwizard Right Issue RTA information is not yet available.
Last Updated on 2022-04-06T10:35:46+00:00
