Vintage Coffee And Beverages Limited Right Issue

₹41.88 Cr BSE 3 Jul 2023 – 12 Jul 2023

Closed Ratio: 1 : 2 BSE
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Issue Price
₹12.00
Face Value
₹10.00
Issue Size (Shares)
34,901,136
Issue Size (₹ Cr.)
₹41.88
📅 Right Issue Timetable
Last Date to Buy SharesFri, Jun 16, 2023
Record DateMon, Jun 19, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnMon, Jul 3, 2023
Issue Open DateMon, Jul 3, 2023
Renunciation Last DateWed, Jul 5, 2023
Bid/Offer Closes OnWed, Jul 12, 2023
Issue Close DateWed, Jul 12, 2023
Deemed Date of AllotmentFri, Jul 14, 2023
Credit DateWed, Jul 19, 2023
Listing DateTue, Jul 25, 2023
📋 Right Issue Details
Issue Size (Shares)34,901,136
Issue Size (Amount)₹41.88 Cr.
Issue Price₹12.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 2
Listing AtBSE
Terms of PaymentFull amount of Rs. 12.00 per Equity Share is payable on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-31FY I
Income63.2937.26
EBITDA
Net Worth108.48104.64
Reserves & Surplus38.6834.84

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To finance Working Capital Requirements,
2To invest in Delecto Foods Private Limited, a Wholly Owned Subsidiary Company to finance its Working Capital Requirements.
3o make acquisitions of businesses in similar or complementary spaces,
4To meet General corporate purposes, and
5To meet the expenses of the Issue.
🏢 About the Company
Incorporated in 1980, Vintage Coffee And Beverages Limited produces instant coffee products.

The company has two main products:

Spray Dried Instant Coffee
Agglomerated Instant Coffee
Spray Dried Instant Coffee is produced by roasting green coffee beans. The aroma that has been evaporated because of high temperature is separated and captured separately and the captured aroma is added back on later. Spray-dried coffee is finely ground and steam fused to bind the fine-ground instant coffees into granules. It is a more soluble and attractive form of Instant coffee.

Agglomerated Instant Coffee is coffee to which, after being dried, the powder is added, and then an additional steam belt or steam curtain process is applied, which causes the particles to bind together, thus forming granules.

Vintage Coffee And Beverages products come in Tins, Pouches, Sachets, and Bulk boxes.
📞 Company Contact
CompanyVintage Coffee And Beverages Limited
Address202, Oxford Plaza,
No.9-1-129/1,S D Road,
Secunderabad - 500003
Secunderabad, Telangana, 500003
Phone+91 040 40266650
Emailmdo@vintagecoffee.in
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailsupport@purvashare.com
WebsiteVisit ↗