Vinny Overseas Limited Right Issue

₹46.52 Cr BSE, NSE 27 Aug 2024 – 10 Sep 2024

Closed Ratio: 1 : 1 BSE, NSE
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Issue Price
₹2.00
Face Value
₹1.00
Issue Size (Shares)
232,623,311
Issue Size (₹ Cr.)
₹46.52
📅 Right Issue Timetable
Last Date to Buy SharesTue, Aug 13, 2024
Record DateWed, Aug 14, 2024
Credit of Rights EntitlementsFri, Aug 23, 2024
Bid/Offer Opens OnTue, Aug 27, 2024
Issue Open DateTue, Aug 27, 2024
Renunciation Last DateWed, Sep 4, 2024
Bid/Offer Closes OnTue, Sep 10, 2024
Issue Close DateTue, Sep 10, 2024
Deemed Date of AllotmentMon, Sep 16, 2024
Credit DateTue, Sep 17, 2024
Listing DateWed, Sep 18, 2024
📋 Right Issue Details
Issue Size (Shares)232,623,311
Issue Size (Amount)₹46.52 Cr.
Issue Price₹2.00 per share
Face Value₹1.00 per share
Entitlement Ratio1 : 1
Listing AtBSE, NSE
Terms of PaymentThe entire amount of the Issue Price of Rs.2/- per Rights Equity Share shall be payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income113.43106.62110.11
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment of borrowings;
2Purchase of Machinery and Construction in the existing manufacturing unit;
33. To meet incremental working capital requirements; and
🏢 About the Company
Incorporated in 1992, Vinny Overseas Limited is engaged in manufacturing textiles.

The company's product list includes Denims, Polyester, Rayon, and Cotton fabric.

Vinny Overseas' aim is to develop processes and equipment that help reduce pollution. All its production equipment is designed to meet stringent safety requirements and standards.

The Indian textile industry is one of the largest in the world with a large raw material base and manufacturing strength across the value chain. The textile industry contributes to 7% of industry output in value terms, 2% of India's GDP, and 15% of the country's export earnings. With over 45 million people employed directly, the textile industry is one of the largest sources of employment generation in the country
📞 Company Contact
CompanyVinny Overseas Limited
AddressB/H,nissan services, mutton gali road,
near BMP textile mills pvt ltd,
Narolgam, Ahmedabad - 382405
Ahmedabad, Gujarat, 382405
Phone9328804500
Emailcfo@vinnyoverseas.in
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗