Anuroop Packaging Limited Rights Issue (Anuroop Packaging Rights Issue) Detail

₹3.98 Crores | Listing at BSE | Mon, Nov 22, 2021 - Mon, Dec 6, 2021

Anuroop Packaging Limited Logo

Anuroop Packaging Limited Rights Issue comprises 0.3064 Cr equity shares aggregating to ₹3.98 Cr, offered at an issue price of ₹13 per share with a face value of ₹10 per share.

The record date for determining eligible shareholders is Nov 5, 2021.

As per the terms of payment, ₹13 per share payable in full at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Nov 20, 2021.

The Rights Issue opens on Nov 22, 2021, and closes on Dec 6, 2021, with renunciation of Rights Entitlements permitted up to Dec 1, 2021.

The deemed date of allotment is Dec 14, 2021, following which the equity shares are expected to be credited to demat accounts on Dec 15, 2021 and listed on the BSE on Dec 17, 2021.

Kfin Technologies Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Anuroop Packaging Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Nov 5, 2021

Entitlement Ratio

:

Open Date

Mon, Nov 22, 2021

Close Date

Mon, Dec 6, 2021

Rights Issue Details

Rights Issue Timetable

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 262.72 276.02
Total Income 150.17 213.97
Profit After Tax 14.86 24.51

About Anuroop Packaging Limited

Incorporated in 1995, Anuroop Packaging is engaged in the manufacturing of corrugated boxes. The company provides quality fixed packaging products such as corrugated boxes, sheets, boards to clients from various industries such as pharmaceutical, stationery, metals, water treatment, etc. The company's products can be classified into two categories - i) Corrugated Boxes and ii) Corrugated Sheets/Boards. Anuroop Packaging has a strong grip in catering to clients from the stationery industry where they work with industry leaders such as Kokuyo Camlin, A.W. Faber Castell (India). The company is also involved in the trading of Gum (Turpentine and Dipentene).

The company's manufacturing facility is located at Thane, which comprises a single semi-automated unit engaged in the manufacturing of corrugated boxes.

Objects of the Issue:

The Proceeds from the Issue will be utilized towards funding of the following objects:

  • Funding working capital requirements and
  • General Corporate Purposes

Rights Issue Review

[Dilip Davda] The company has been listed on BSE SME since November 2019. It came with maiden IPO at the same price of Rs. 13 per share and not too it is offering RI at the same price. The only sigh of relief is it has not marked any losses for the reported periods so far. Promoter’s holding too at significant level giving some confidence. Cash surplus/risk seeker investors may consider this rights issue with a long term perspective. Chances of migration to the mainboard in the near term will increase with this RI. Read detail review...

Company Contact Information

Anuroop Packaging Limited
Ambiste (BK), Post Khani Tal Wada,
Thane - 421303,
Maharashtra, India
Indi, Karnataka, 421303

Rights Issue Registrar

Kfin Technologies Ltd.

Rights Issue FAQs

The Anuroop Packaging Rights Issue opens on Mon, Nov 22, 2021, and closes on Mon, Dec 6, 2021.

Anuroop Packaging Rights Issue Schedule

Last Date for credit of Rights EntitlementsSat, Nov 20, 2021
Last Date for renunciation of Rights EntitlementsWed, Dec 1, 2021
Issue Opening DateMon, Nov 22, 2021
Issue Closing DateMon, Dec 6, 2021
Date of Allotment (on or about)Tue, Dec 14, 2021
Date of Credit (on or about)Wed, Dec 15, 2021
Date of Listing (on or about)Fri, Dec 17, 2021
Anuroop Packaging Rights Issue price is set at ₹13 per share.
The eligible shareholders are being offered 2 rights equity share for every 5 fully paid-up equity shares held on the record date (Fri, Nov 5, 2021).
The record date for the Anuroop Packaging Rights Issue is Fri, Nov 5, 2021.
The issue size of Anuroop Packaging Rights Issue is of 30,64,400 equity shares at ₹13 per share aggregating up to ₹3.98 Crores.
The Letter of Offer for Anuroop Packaging Rights Issue can be downloaded here.

You can apply for Anuroop Packaging Rights Issue in two ways:

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

Steps to apply for Anuroop Packaging Rights Issue 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 Anuroop Packaging Rights Issue is available on the list.
  4. Click the Apply button next to the Anuroop Packaging Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Anuroop Packaging Rights Issue using Registrar's website (R-WAP)

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

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