Alan Scott Industries Ltd Rights Issue (Alan Scott Industries Rights Issue 2025) Detail

₹7.26 Crores | Listing at BSE | Thu, May 15, 2025 - Thu, May 29, 2025

Alan Scott Industries Ltd Logo

Alan Scott Industries Ltd Rights Issue comprises 0.1816 Cr equity shares aggregating to ₹7.26 Cr, offered at an issue price of ₹40 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is May 2, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 2.

The term of payment is defined as following : The Full amount will be payable at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 4, 2025.

The Rights Issue opens on May 15, 2025, and closes on May 29, 2025, with renunciation of Rights Entitlements permitted up to May 23, 2025.

The deemed date of allotment is Jun 4, 2025, following which the equity shares are expected to be credited to demat accounts on Jun 9, 2025 and listed at the BSE on Jun 12, 2025.

Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Alan Scott Industries Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, May 2, 2025

Entitlement Ratio

1 : 2

Open Date

Thu, May 15, 2025

Close Date

Thu, May 29, 2025

Rights Issue Details

Rights Issue Timetable

Alan Scott Industries Ltd Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets29.0227.8410.395.57
Revenue22.4111.905.421.91
Profit After Tax-0.86-3.50-2.06-0.06
Net Worth7.616.482.073.11
Reserves and Surplus-0.98-0.26-0.641.25
Total Borrowing0.000.000.000.00
Amount in ₹ Crore

About Alan Scott Industries Ltd

Founded in 1994, Alan Scott Industries Limited is an Indian company specialising in health and hygiene equipment for hospitals and homes. They operate retail stores and have subsidiaries in retail, health & hygiene, and technology. Initially known for knitwear, the company diversified into media, advertising, and health and hygiene products.

The company is primarily known for its health and hygiene products, including air purifiers, oxygen concentrators, and UV light disinfectants.

Alan Scott Retail Limited (ASRL) specializes in establishing and managing retail showrooms for lifestyle and fashion brands.

Alan Scott utilises nanotechnology and other technologies in its products, such as the anti-viral UV light disinfectant.

Objects of the Issue:

The Company proposes to utilize the net proceeds from the issue towards funding the following objects:

  1. Investment payment of consideration towards the acquisition of additional equity shares of one of the subsidiaries, Alan Scott Retail Limited;
  2. Investment payment of consideration towards the acquisition of additional equity shares of one of the subsidiaries, Alan Scott Automation & Robotics Limited.
  3. Investment payment of consideration towards acquisition of Fresh equity shares of Alan Scott Envirotech Private Limited;
  4. Investment payment of consideration towards acquisition of Fresh equity shares of Alan Scott Upnup Life Private Limited;
  5. Investment payment of consideration towards the acquisition of Fresh equity shares of Metastar Media Private Limited;
  6. General Corporate Purpose.

Rights Issue Review

[Dilip Davda] This is the 2nd RI from the company since June 2023. It has well diversified activities, but is still incurring losses. Based on its financial data, the issue is at a negative P/E. This RI is at a discount of around 68+% to its last traded price. It operates with about half a dozen subsidiaries. Well-informed investors may park moderate funds for long term. Read detail review...

Rights Issue Subscription Status

Alan Scott Industries Rights Issue 2025 got oversubscribed by 2.04 times by the end of the bidding period with total bid quantity received by BSE of 36,98,275 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

May 29 2025 17:00:00

36,98,275

2.04x

Company Contact Information

Alan Scott Industries Ltd
302,3ro Floor. Kmuar Plaza
Kalina Kurla Road, near Kalina Masjid ,
Santacruz East. Mumbai -400029
Mumbai, Maharashtra, 400029

Rights Issue Registrar

Purva Sharegistry (India) Pvt.Ltd.

Rights Issue FAQs

The Alan Scott Industries Rights Issue 2025 opens on Thu, May 15, 2025, and closes on Thu, May 29, 2025.

Alan Scott Industries Rights Issue 2025 Schedule

Last Date for credit of Rights EntitlementsMon, May 12, 2025
Last Date for renunciation of Rights EntitlementsFri, May 23, 2025
Issue Opening DateThu, May 15, 2025
Issue Closing DateThu, May 29, 2025
Date of Allotment (on or about)Wed, Jun 4, 2025
Date of Credit (on or about)Mon, Jun 9, 2025
Date of Listing (on or about)Thu, Jun 12, 2025
Alan Scott Industries Rights Issue 2025 price is set at ₹40 per share.
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (Fri, May 2, 2025).
The record date for the Alan Scott Industries Rights Issue 2025 is Fri, May 2, 2025.
The issue size of Alan Scott Industries Rights Issue 2025 is of 18,15,863 equity shares at ₹40 per share aggregating up to ₹7.26 Crores.
The Letter of Offer for Alan Scott Industries Rights Issue 2025 can be downloaded here.

You can apply for Alan Scott Industries Rights Issue 2025 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Alan Scott Industries Rights Issue 2025 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Alan Scott Industries Rights Issue 2025 is available on the list.
  4. Click the Apply button next to the Alan Scott Industries Rights Issue 2025.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Alan Scott Industries Rights Issue 2025 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Alan Scott Industries Rights Issue 2025 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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