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Igc Industries Ltd Right Issue

₹42.22 Cr BSE 4 Nov 2024 – 18 Nov 2024

Closed Ratio: 29 : 2 BSE
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Issue Price
₹13.00
Face Value
₹10.00
Issue Size (Shares)
32,480,000
Issue Size (₹ Cr.)
₹42.22
📅 Right Issue Timetable
Last Date to Buy SharesThu, Oct 17, 2024
Record DateFri, Oct 18, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnMon, Nov 4, 2024
Issue Open DateMon, Nov 4, 2024
Renunciation Last DateTue, Nov 12, 2024
Bid/Offer Closes OnMon, Nov 18, 2024
Issue Close DateMon, Nov 18, 2024
Deemed Date of AllotmentThu, Nov 21, 2024
Credit DateMon, Nov 25, 2024
Listing DateTue, Nov 26, 2024
📋 Right Issue Details
Issue Size (Shares)32,480,000
Issue Size (Amount)₹42.22 Cr.
Issue Price₹13.00 per share
Face Value₹10.00 per share
Entitlement Ratio29 : 2
Listing AtBSE
Terms of PaymentThe entire amount of the Issue Price of Rs 13/- per Rights Equity Share shall be payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income0.00
EBITDA
Net Worth
Reserves & Surplus-1.53-1.14

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Establishing new Business through: creating subsidiaries or wholly owned subsidiaries, forming associate companies, and entering into joint ventures.
2Exploring Business Opportunities: Expanding the business by acquiring other companies through the purchase of equity shares from existing shareholders or through other means.
🏢 About the Company
Incorporated in 1980, Igc Industries Ltd. is a trader/exporter, agent, representative, dealer, producer, stocker, importer, or distributor of various commodities.

The company also manufactures, processes, imports, exports, buys, sells, and deals in various fibers, fabrics, textiles, and hosiery goods made from cotton, etc.

The company also deals in all kinds of metals, plastics, melamine, aluminum, steel, aluminum foil, and aluminum raw materials and products.

IGC Industries Limited, based in Kolkata, specializes in trading agro commodities with a strong focus on the local market. An experienced management team leads the company and primarily operates offline, dealing with prominent merchants in the region.

IGC Industries specializes in loose packaging and offers organic fennel seed, organic jeera (cumin), cotton, and turmeric.

As of August 2024, the company has 3 permanent employees.
📞 Company Contact
CompanyIgc Industries Ltd
Address12 Government Place (East),
1st Floor Formerly Hemanta Basu Sarani
Kolkata-400069
Kolkata, West Bengal, 400069
Phone02228020017
Emailigcfoils@gmail.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailsupport@purvashare.com
WebsiteVisit ↗