Vikas Lifecare Rights Issue FAQ's

₹49.10 Crores | Listing at BSE, NSE | Thu, May 27, 2021 - Thu, Jun 10, 2021

Vikas Lifecare Limited Rights Issue Date 2026 & Price FAQs

The timetable for Vikas Lifecare Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, May 26, 2021
Last Date for renunciation of Rights EntitlementsMon, Jun 7, 2021
Issue Opening DateThu, May 27, 2021
Issue Closing DateThu, Jun 10, 2021
Date of Allotment (on or about)Thu, Jun 17, 2021
Date of Credit (on or about)Mon, Jun 21, 2021
Date of Listing (on or about)Wed, Jun 23, 2021

Sorry, the Application Form for Vikas Lifecare Rights Issue is not available at this time.

Vikas Lifecare Rights Issue price is set at ₹1.85 per share. The Vikas Lifecare Rights Issue opens on Thu, May 27, 2021, and closes on Thu, Jun 10, 2021, for the subscription.

The allotment of Vikas Lifecare Rights Issue is expected to happen on or about June 17, 2021 as per the issue schedule.

Vikas Lifecare Rights Issue is expected to list on or around June 23, 2021.

The credit of Vikas Lifecare Rights Issue in Demat account is expected on or about June 21, 2021 as per the issue schedule.

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards the below objects: 1. Meeting Capital Expenditure for Food Preservation and Storage Unit; 2. Meeting Working Capital Requirements; 3. Adjustment of Unsecured Loans against the Entitlement of the Promoters; 4. Prepayment of Loans availed by the Company; and 5. General Corporate Purposes.

It is difficult to predict the exact listing price of Vikas Lifecare Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Vikas Lifecare Limited which could help you with questions like whether to subscribe or not. Consider reading Vikas Lifecare Limited reviews and analysis from experts posted on the Rights Issue detail page.