Share the post "Vardhman Polytex’s IPO Launches Rights Issue 12-09-2024!"
Vardhman Polytex IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 12 Sep 2024 to 27 Sep 2024 , with a market lot of 1 shares. This call notice includes , covering ₹1.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | VARDHMAN POLYTEX LTD |
|---|---|
| Offer Price () | 6.00 |
| Face Value | 1.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 12 Sep 2024 to 27 Sep 2024 |
| Issue Size – No.of Shares | 8,30,59,434 |
| Price (Inclusive Of Premium) | 6.00 |
| Market Lot | 1 |
| LTP | 11.60 |
| Book Running Lead Manager | Arihant Capital Markets Limited |
| Registrar | Alankit Assignments Limited |
| Notes | ISSUE OF UPTO 8,30,59,434 EQUITY SHARES OF FACE VALUE Rs 1/- EACH (“RIGHTS EQUITY SHARES”) OF OUR COMPANY FOR CASH AT A PRICE OF Rs 6/- PER EQUITY SHARE INCLUDING PREMIUM OF Rs 5/- PER EQUITY SHARE AGGREGATING UPTO Rs 4,983.57 LAKHS ON A RIGHTS BASIS TO THE EXISTING EQUITY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF 7 RIGHTS EQUITY SHARES FOR EVERY 23 FULLY PAID-UP EQUITY SHARE HELD BY THE EXISTING EQUITY SHAREHOLDERS ON THE RECORD DATE THAT IS AUGUST 28, 2024 |
Vardhman Polytex IPO opens on 12-09-2024, and closes on 27-09-2024
| Start Date | 12-09-2024 |
|---|---|
| End Date | 27-09-2024 |
| Issue Period | 12 Sep 2024 to 27 Sep 2024 |
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