Balkrishna Paper Mills Ltd Right Issue

₹45.11 Cr BSE, NSE 2 Apr 2024 – 15 Apr 2024

Closed Ratio: 2 : 1 BSE, NSE
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Issue Price
₹21.00
Face Value
₹10.00
Issue Size (Shares)
21,479,688
Issue Size (₹ Cr.)
₹45.11
📅 Right Issue Timetable
Last Date to Buy SharesThu, Mar 14, 2024
Record DateFri, Mar 15, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnTue, Apr 2, 2024
Issue Open DateTue, Apr 2, 2024
Renunciation Last DateMon, Apr 8, 2024
Bid/Offer Closes OnMon, Apr 15, 2024
Issue Close DateMon, Apr 15, 2024
Deemed Date of AllotmentMon, Apr 22, 2024
Credit DateFri, Apr 26, 2024
Listing DateThu, May 2, 2024
📋 Right Issue Details
Issue Size (Shares)21,479,688
Issue Size (Amount)₹45.11 Cr.
Issue Price₹21.00 per share
Face Value₹10.00 per share
Entitlement Ratio2 : 1
Listing AtBSE, NSE
Terms of PaymentFull amount of Rs. 21/- per Equity Share is payable on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-31FY I
Income109.45244.59
EBITDA
Net Worth
Reserves & Surplus-160.97-109.09

Amount in ₹ Crore

🏢 About the Company
Balkrishna Paper Mills Limited was founded in 2013 and manufactures paper and board based on recycled pulp. The company was previously known as Nirvikara Paper Mills Limited.

The company's production facility is located in Ambivali, Maharashtra, and has a total capacity of 60,000 TPA.

Competitive strengths:

Established track record: The company has been in the paper and paperboard manufacturing business for over five decades.
Recognized brand: The company receives repeat orders from most of its customers. This brand recognition helps the company to command a slight premium over the market price and pass on changes in raw material costs to customers.
Experienced management team: The promoters and management of the company have many years of experience in the industry.
📞 Company Contact
CompanyBalkrishna Paper Mills Ltd
AddressA/7, Trade World,
Kamala City, Senapati Bapat Marg,
Lower Parel, Mumbai - 400 013
Mumbai, Maharashtra, 400013
Phone+91 22 6120 7900
Emailbpmho@bpml.in
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailsupport@purvashare.com
WebsiteVisit ↗