Covidh Technologies Ltd Right Issue

₹8.09 Cr BSE 3 Nov 2025 – 10 Nov 2025

Closed Ratio: 25 : 1 BSE
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Issue Price
₹10.00
Face Value
₹10.00
Issue Size (Shares)
8,085,550
Issue Size (₹ Cr.)
₹8.09
📅 Right Issue Timetable
Last Date to Buy SharesThu, Oct 23, 2025
Record DateFri, Oct 24, 2025
Credit of Rights EntitlementsWed, Oct 29, 2025
Bid/Offer Opens OnMon, Nov 3, 2025
Issue Open DateMon, Nov 3, 2025
Renunciation Last DateTue, Nov 4, 2025
Bid/Offer Closes OnMon, Nov 10, 2025
Issue Close DateMon, Nov 10, 2025
Deemed Date of AllotmentTue, Nov 11, 2025
Credit DateWed, Nov 12, 2025
Listing DateThu, Nov 13, 2025
📋 Right Issue Details
Issue Size (Shares)8,085,550
Issue Size (Amount)₹8.09 Cr.
Issue Price₹10.00 per share
Face Value₹10.00 per share
Entitlement Ratio25 : 1
Listing AtBSE
Terms of PaymentThe entire issue price shall be payable at the time of making the application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income0.27
EBITDA
Net Worth-0.10-0.22
Reserves & Surplus-0.42-0.54

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Investment in a joint venture or subsidiary; and
2Funding the Working Capital Requirements
🏢 About the Company
ncorporated in 1993, Covidh Technologies Ltd is engaged in the business of software development and IT consultancy services. The company’s operations include software publishing, custom software development, web design, and technology-related consulting.

Covidh Technologies is headquartered in Hyderabad, Telangana, with its registered office located at Jubilee Hills. The company is listed on Indian stock exchanges and classified under the public limited, non-government category.

Over the years, Covidh Technologies has focused on offering technology solutions to clients across various sectors. However, in recent years, the company has reported minimal or no operational revenue and has undergone restructuring under the Insolvency and Bankruptcy Code (IBC) framework, as approved by the National Company Law Tribunal (NCLT), Hyderabad Bench.
📞 Company Contact
CompanyCovidh Technologies Ltd
AddressB-2, Plot: 797/A, Sai Krishna Building
Road No. 36
Jubliee Hills,
Hyderabad, 500033
Phone9192894339
Emailcscovidh@gmail.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd
Phone011-26812682
Emailipo@skylinerta.com
WebsiteVisit ↗