Vikas Ecotech Limited Right Issue

₹49.12 Cr BSE, NSE 15 Jun 2021 – 29 Jun 2021

Closed BSE, NSE
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Issue Price
₹1.35
Face Value
₹1.00
Issue Size (Shares)
363,869,577
Issue Size (₹ Cr.)
₹49.12
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateThu, Jun 10, 2021
Credit of Rights EntitlementsSat, Jun 12, 2021
Bid/Offer Opens OnTue, Jun 15, 2021
Issue Open DateTue, Jun 15, 2021
Renunciation Last DateWed, Jun 23, 2021
Bid/Offer Closes OnTue, Jun 29, 2021
Issue Close DateTue, Jun 29, 2021
Deemed Date of AllotmentMon, Jul 5, 2021
Credit DateWed, Jul 7, 2021
Listing DateWed, Jul 7, 2021
📋 Right Issue Details
Issue Size (Shares)363,869,577
Issue Size (Amount)₹49.12 Cr.
Issue Price₹1.35 per share
Face Value₹1.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹1.35 per share payable in full at the time of application
📊 Company Financials (Restated)
Period Ended2020-03-312019-03-31FY I
Income1,991.962,592.44
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Meeting Working Capital Requirements;
2. Adjustment of Unsecured Loans against the Entitlement of the Promoters
3Partial repayment of Loans availed by the Company; and
4General Corporate Purposes.
🏢 About the Company
Vikas Ecotech Limited is an ISO-certified company engaged in the manufacture of Specialty Chemicals Additives and Specialty rubber-plastic and polymer Compound with manufacturing facilities located at Shahjahanpur (Rajasthan) and Noida SEZ (Uttar Pradesh).
The company products cater to various industries such as agriculture and infrastructure, packaging, organic and inorganic chemicals, electrical, FMCG, footwear, pharmaceuticals, automotive, medical devices and components, and other consumer goods in the domestic and global markets. The company is recognized with two-star house by the office of the Additional Director General of Foreign Trade.
📞 Company Contact
CompanyVikas Ecotech Limited
Address34/1 Vikas Apartments,
East Punjabi Bagh,
Delhi - 110026
Delhi, New Delhi, 110026
Phone+91-11-43144444
Emailcs@vikasecotech.com
WebsiteVisit ↗
📝 Registrar
NameAlankit Assignments Ltd
Phone011-42541234
Emailvelrights@alankit.com
WebsiteVisit ↗