Vikas Lifecare Limited Right Issue

₹49.54 Cr BSE, NSE 10 Nov 2021 – 24 Nov 2021

Closed BSE, NSE
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Issue Price
₹2.80
Face Value
₹1.00
Issue Size (Shares)
176,932,132
Issue Size (₹ Cr.)
₹49.54
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateMon, Nov 1, 2021
Credit of Rights EntitlementsWed, Nov 3, 2021
Bid/Offer Opens OnWed, Nov 10, 2021
Issue Open DateWed, Nov 10, 2021
Renunciation Last DateMon, Oct 18, 2021
Bid/Offer Closes OnWed, Nov 24, 2021
Issue Close DateWed, Nov 24, 2021
Deemed Date of AllotmentMon, Dec 6, 2021
Credit DateTue, Dec 7, 2021
Listing DateWed, Dec 8, 2021
📋 Right Issue Details
Issue Size (Shares)176,932,132
Issue Size (Amount)₹49.54 Cr.
Issue Price₹2.80 per share
Face Value₹1.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹1.10 per share payable on application, with the balance payable in call(s).
📊 Company Financials (Restated)
Period Ended2020-03-312020-03-31FY I
Income760.101,582.86
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Meeting capital expenditure for acquisition of agricultural land for argo product division.
2Meeting working capital requirements.
3General corporate purposes.
🏢 About the Company
Vikas Lifecare Limited is primarily engaged in recycling Plastic Waste and trading Polymer Compounds. The company also plans to venture into the FMCG industry. To achieve this business strategy, the company has recently started dealing in raw and finished cashew nuts.

VLL is an ISO-certified company manufacturing PVC Compounds, additives & chemicals required for plastic processing at their manufacturing unit located in Alwar, Rajasthan. The company products cater to various industries such as agriculture and infrastructure, packaging, organic and inorganic chemicals, electrical, FMCG, footwear, pharmaceuticals, automotive, and other consumer goods.
📞 Company Contact
CompanyVikas Lifecare Limited
AddressG-1, 34/1,
East Punjabi Bagh,
New Delhi-110026, India
New Delhi, New Delhi, 110026
Phone011-40450110
Emailcs@vikaslifecarelimited.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd
Phone+91-22-6263 8200
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗