Coastal Corporation Limited Right Issue

₹43.42 Cr BSE 12 Sep 2022 – 27 Sep 2022

Closed BSE
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Issue Price
₹225.00
Face Value
₹10.00
Issue Size (Shares)
1,929,800
Issue Size (₹ Cr.)
₹43.42
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateFri, Aug 26, 2022
Credit of Rights EntitlementsMon, Sep 5, 2022
Bid/Offer Opens OnMon, Sep 12, 2022
Issue Open DateMon, Sep 12, 2022
Renunciation Last DateWed, Sep 21, 2022
Bid/Offer Closes OnTue, Sep 27, 2022
Issue Close DateTue, Sep 27, 2022
Deemed Date of AllotmentThu, Oct 6, 2022
Credit DateTue, Oct 11, 2022
Listing DateFri, Oct 14, 2022
📋 Right Issue Details
Issue Size (Shares)1,929,800
Issue Size (Amount)₹43.42 Cr.
Issue Price₹225.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of Payment₹56.25 per share payable on application, with the balance payable in call(s).
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-31FY I
Income504.38481.94
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Coastal Corporation Limited is engaged in the business of processing, production, and distribution of seafood globally. The company's product line involves shrimp products and Aquaculture products.

The company operates two processing plants and the equipment and machinery installed are sourced from the internationally acclaimed seafood process machinery manufacturers the plants have a capacity of 47.5 metric tonnes and 25 metric tonnes per day each. Coastal Corporation is certified for HACCP and follows the BRC Global Standard for Food Safety. The company is also certified by BAP which lays downs the Best Aquaculture Practice
📞 Company Contact
CompanyCoastal Corporation Limited
Address15-1-37/3, Jayaprada Apartments,
Nowroji Road, Maharanipeta,
Visakhapatnam-530 002
Visakhapatnam, Andhra Pradesh, 530002
Phone+91-891-2567118
Emailmkrishna@coastalcorp.co.in
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📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗