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Alan Scott Industriess Limited Rights Issue (Alan Scott Industriess Rights Issue 2023) Detail

June 30, 2023 - July 13, 2023
Alan Scott Industriess Limited Logo

Incorporated in 1994, Alan Scott is engaged in the business of manufacturing equipment for the health and hygiene sector.

Alan Scott manufactures affordable multipurpose hygiene products using innovative technology. The company's product portfolio includes 5 Petals Air Purifier+ and Oxygen Concentrator. The company's prominent customers include Larsen & Toubro, ThoughtBridge HR, Sun Capital, and Cubix among others.

Alan Scott has four other business verticals, namely:

  1. Alan Scott Retail Limited (ASRL): It specializes in establishing and managing retail showrooms for esteemed lifestyle and fashion consumer brands.
  2. Alan Scott Automation and Robotics: It specializes in End-of-Line Handling Automation, delivering tailored solutions for manufacturing and packaging operations across various industries.
  3. Alan Scott Nanoveu
  4. Alan Scott Blockchain: It is a sports fan-centric platform that focuses on delivering a comprehensive 360-degree fan engagement approach.

Alan Scott Industriess Rights Issue 2023 Detail

Issue Open June 30, 2023 - July 13, 2023
Security Name Alan Scott Industriess Limited
Issue Size (Shares) 1,825,377
Issue Size (Amount) ₹5.48 Crores
Issue Price ₹30 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

Investors will have to pay Rs. 10 at the time of allotment, Rs. 20 at the time of one or more subsequent Call(s) as determined by the Board/Committee at its sole discretion, from time to time.

Entitlement 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

Alan Scott Industriess Rights Issue 2023 Issue Timetable

Last Date to buy sharesJune 15, 2023
Record Date June 16, 2023
Credit of Rights Entitlements June 22, 2023
Bid/Offer Opens On June 30, 2023
Renunciation of Rights Entitlements July 7, 2023
Bid/Offer Closes On July 13, 2023
Deemed Date of Allotment July 20, 2023
Credit Date July 24, 2023
Listing Date July 31, 2023

Company Financials

Alan Scott Industriess Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-225.571.910.063.090.13
31-Mar-2310.395.42-2.081.062.96
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Repayment/ prepayment, in part or full, of certain borrowings,
  2. Investment payment of consideration towards the acquisition of additional equity shares of one of the subsidiaries Alan Scott Retail Limited.
  3. Investment payment of consideration towards the acquisition of additional equity shares of one of the subsidiaries Alan Scott Nanoveu India Limited, and
  4. General Corporate Purposes.

Alan Scott Industriess Rights Issue 2023 Documents

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Company Contact Information

Alan Scott Industriess Limited
Unit no.302, Kumar Plaza,
3rd Floor, Near Kalina Masjid, Kalina Kurla Road,
Santacruz (East), Mumbai – 400029

Phone: +91-22-61786000
Email: alanscottcompliance@gmail.com
Website: https://thealanscott.com/index.html

Alan Scott Industriess Rights Issue 2023 Registrar

  1. Purva Sharegistry India Pvt Ltd
    Phone: +91-022-23018261/ 23016761
    Email: support@purvashare.com
    Website: https://www.purvashare.com/investor-service/ipo-query

Alan Scott Industriess Rights Issue 2023 Lead Manager(s)

Alan Scott Industriess Rights Issue 2023 FAQs

The Alan Scott Industriess Rights Issue 2023 opens on June 30, 2023, and closes on July 13, 2023.

Alan Scott Industriess Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsJune 22, 2023
Last Date for renunciation of Rights EntitlementsJuly 7, 2023
Issue Opening DateJune 30, 2023
Issue Closing DateJuly 13, 2023
Date of Allotment (on or about)July 20, 2023
Date of Credit (on or about)July 24, 2023
Date of Listing (on or about)July 31, 2023

Alan Scott Industriess Rights Issue 2023 price is set at ₹30 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (June 16, 2023).

The record date for the Alan Scott Industriess Rights Issue 2023 is June 16, 2023.

The issue size of Alan Scott Industriess Rights Issue 2023 is of 1,825,377 equity shares at ₹30 per share aggregating upto ₹5.48 Crores.

The Letter of Offer for Alan Scott Industriess Rights Issue 2023 can be download here.

You can apply for Alan Scott Industriess Rights Issue 2023 in two ways:

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

Steps to apply for Alan Scott Industriess Rights Issue 2023 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 Industriess Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Alan Scott Industriess Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Alan Scott Industriess Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Alan Scott Industriess Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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