Gujarat Cotex Ltd Right Issue

₹42.73 Cr BSE 10 Apr 2026 – 8 May 2026

Closed Ratio: 6 : 1 BSE
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Issue Price
₹5.00
Face Value
₹5.00
Issue Size (Shares)
85,464,000
Issue Size (₹ Cr.)
₹42.73
📅 Right Issue Timetable
Last Date to Buy SharesMon, Mar 30, 2026
Record DateWed, Apr 1, 2026
Credit of Rights Entitlements
Bid/Offer Opens OnFri, Apr 10, 2026
Issue Open DateFri, Apr 10, 2026
Renunciation Last DateTue, May 5, 2026
Bid/Offer Closes OnFri, May 8, 2026
Issue Close DateFri, May 8, 2026
Deemed Date of AllotmentTue, May 12, 2026
Credit DateTue, May 12, 2026
Listing DateWed, May 13, 2026
📋 Right Issue Details
Issue Size (Shares)85,464,000
Issue Size (Amount)₹42.73 Cr.
Issue Price₹5.00 per share
Face Value₹5.00 per share
Entitlement Ratio6 : 1
Listing AtBSE
Terms of Payment₹5 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2025-09-302025-03-312024-03-31
Income22.2427.3116.91
EBITDA
Net Worth7.636.866.64
Reserves & Surplus-0.26-0.26-0.48

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Funds required to complete the hotel construction₹9.60
2Funds required to complete the hotel construction₹2.14
3To meet Working Capital Requirements₹19.31
4General Corporate Purposes₹10.68
Total₹41.73
🏢 About the Company
Incorporated in 1992, Gujarat Cotex Limited is an Indian micro-cap company based in Surat, Gujarat. It is primarily involved in trading textile fabrics, including cotton, polyester, and blends, alongside manufacturing, bleaching, and printing services. The company has diversified into real estate trading and hospitality, serving domestic markets.

The company is engaged in the purchase and sale of non-agricultural land and plots, as well as in hospitality services.
📞 Company Contact
CompanyGujarat Cotex Ltd
AddressShop No. 3, Shanti Complex,
Opp. Patel Petrol Pump
Amli, Silvassa
Dadra & Nagar Haveli, 396230
Phone02613100550
Emailjayprabha@hotmail.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailnewissue@purvashare.com
WebsiteVisit ↗