Scanpoint Geomatics Ltd Right Issue

₹49.40 Cr BSE 30 Apr 2024 – 8 May 2024

Closed Ratio: 67 : 47 BSE
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Issue Price
₹5.00
Face Value
₹2.00
Issue Size (Shares)
98,800,000
Issue Size (₹ Cr.)
₹49.40
📅 Right Issue Timetable
Last Date to Buy SharesThu, Apr 18, 2024
Record DateFri, Apr 19, 2024
Credit of Rights EntitlementsMon, Apr 29, 2024
Bid/Offer Opens OnTue, Apr 30, 2024
Issue Open DateTue, Apr 30, 2024
Renunciation Last DateThu, May 2, 2024
Bid/Offer Closes OnWed, May 8, 2024
Issue Close DateWed, May 8, 2024
Deemed Date of AllotmentThu, May 16, 2024
Credit DateThu, May 23, 2024
Listing DateMon, May 27, 2024
📋 Right Issue Details
Issue Size (Shares)98,800,000
Issue Size (Amount)₹49.40 Cr.
Issue Price₹5.00 per share
Face Value₹2.00 per share
Entitlement Ratio67 : 47
Listing AtBSE
Terms of PaymentThe Issue Price i.e.Rs.5/- is payable on the application
📊 Company Financials (Restated)
Period Ended2023-12-312023-03-312022-03-31
Income10.6417.4133.45
EBITDA
Net Worth83.4983.2082.62
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To repay, in full or in part, the identified unsecured loan availed by the company;
2To meet the long-term working capital requirements; and
3General Corporate Purposes.
🏢 About the Company
Founded in 1992, Scanpoint Geomatics Ltd. is an Indian company specialising in geospatial software development and sales.

Scanpoint Geomatics Ltd. is known for pioneering the Indian geospatial industry with IGiS, an indigenous technology that combines GIS, image processing, photogrammetry, and CAD on a single platform. IGiS is a joint development partnership between Scanpoint Geomatics Ltd. and SAC-ISRO.

IGiS technology caters to many solutions across industries like Agriculture, Defence, Forestry, Disaster Management, Land Information, Mining, Power, Smart City, Urban Planning, Utilities, and Location-Based Services. The company has partnered with ISRO to provide its customers with the latest geospatial domain technologies. The company's service also includes end-to-end turn-key solutions for enterprise GIS implementation.

The company is ISO 9001:2015 certified for providing geomatics solutions & the information security management system is ISO 27001:2013 certified. Products and processes comply with OGC and CMMi3 quality and capability maturity standards.
📞 Company Contact
CompanyScanpoint Geomatics Ltd
AddressD-1002-1021, 10th Floor Swati Clover
Shilaj Circle, S. P Ring Road, Thaltej
Ahmedabad – 380 059
Ahmedabad, Gujarat, 380059
Phone+91 079 460 23912
Emailcs@sgligis.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd.
Phone022-49186000
Emailscanpoint.rights2024@linkintime.co.in
WebsiteVisit ↗