Vardhman Polytex Ltd Right Issue

₹49.84 Cr BSE, NSE 12 Sep 2024 – 27 Sep 2024

Closed Ratio: 7 : 23 BSE, NSE
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Issue Price
₹6.00
Face Value
₹1.00
Issue Size (Shares)
83,059,434
Issue Size (₹ Cr.)
₹49.84
📅 Right Issue Timetable
Last Date to Buy SharesTue, Aug 27, 2024
Record DateWed, Aug 28, 2024
Credit of Rights EntitlementsWed, Sep 11, 2024
Bid/Offer Opens OnThu, Sep 12, 2024
Issue Open DateThu, Sep 12, 2024
Renunciation Last DateTue, Sep 24, 2024
Bid/Offer Closes OnFri, Sep 27, 2024
Issue Close DateFri, Sep 27, 2024
Deemed Date of AllotmentTue, Oct 8, 2024
Credit DateThu, Oct 10, 2024
Listing DateFri, Oct 11, 2024
📋 Right Issue Details
Issue Size (Shares)83,059,434
Issue Size (Amount)₹49.84 Cr.
Issue Price₹6.00 per share
Face Value₹1.00 per share
Entitlement Ratio7 : 23
Listing AtBSE, NSE
Terms of PaymentThe entire amount of the Issue Price of Rs 6/- per Rights Equity Share shall be payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income399.61621.67
EBITDA
Net Worth-361.04-362.31
Reserves & Surplus-394.32-382.81

Amount in ₹ Crore

🏢 About the Company
Founded in 1980, Vardhman Polytex Limited, an Oswal Group company, manufactures cotton and blended yarn.

Vardhman Polytex has production facilities located in Ludhiana and Nalagarh, India. The Company's principal activity is the manufacturing of yarn & garments. Its product range includes yarns and garments. It generates the majority of the revenue from the Textile Business.

The company's yarn portfolio includes cotton (carded, combed, organic, BCI, and SUPIMA), cotton-polyester blends, and value-added yarn (grey) in various counts. Using the best raw materials and state-of-the-art technology, each yarn meets the highest global standards and underlines our commitment to excellence in yarn manufacturing.
📞 Company Contact
CompanyVardhman Polytex Ltd
AddressVardhman Park,
Chandigarh Road,
Ludhiana - 141123
Ludhiana, Punjab, 141123
Phone911616629888
Emailinfo@vpl.in
WebsiteVisit ↗
📝 Registrar
NameAlankit Assignments Ltd.
Phone011-42541234/23541234/42541201
Emailvplrights@alankit.com
WebsiteVisit ↗