₹5.00 Crores | Listing at BSE | Thu, Jun 17, 2021 - Thu, Jul 1, 2021
Aplab Limited Rights Issue comprises 0.5000 Cr equity shares aggregating to ₹5.00 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Jun 8, 2021.
As per the terms of payment, ₹10 per share payable in full at the time of application.
The Rights Issue opens on Jun 17, 2021 and closes on Jul 1, 2021.
The deemed date of allotment is Jul 7, 2021, following which the equity shares are expected to be credited to demat accounts on Jul 8, 2021 and listed on the BSE on Jul 9, 2021.
Adroit Corporate Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Aplab Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Jun 8, 2021
Entitlement Ratio
:
Open Date
Thu, Jun 17, 2021
Close Date
Thu, Jul 1, 2021
| Particulars | For the year/period ended (Rs. in Millions) | ||
|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 935.19 | 1,032.37 | |
| Total Revenue | 518.78 | 535.29 | |
| Profit After Tax | 2.07 | 54.13 | |
Aplab Limited is well-known as a technology-driven professional company in the business sectors like Telecom, Information Technology, Retail Banking, and Power Control & conditioning . The company serves the Global Market with a wide range of Electronic Products that meet the International standards of safety and reliability.
Aplab Limited is engaged in manufacturing Test and Measurement Equipment, Power Conversion, UPS Systems, Solar Energy Systems, and Self-Service Terminals for the Banking Sector.
The Net Proceeds from the Issue are proposed to be utilized towards the below objects: 1. Repay the loan availed by the Company. 2. General Corporate Purposes.
[Dilip Davda] Though the issue is at par, with huge negativity in NAV and prevailing uncertainty following the pandemic, the immediate future looks gloomy. Hence cash surplus, risk savvy investors may opt for parking their funds in this rights offering. Read detail review...
Aplab Limited
Aplab House, Plot No.A-5,
Wagle Industrial Estate, Thane,
Mumbai, Maharashtra – 400604
Mumbai, Maharashtra, 400604
The Aplab Limited Rights Issue opens on Thu, Jun 17, 2021, and closes on Thu, Jul 1, 2021.
Aplab Limited Rights Issue Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Fri, Jun 25, 2021 |
| Issue Opening Date | Thu, Jun 17, 2021 |
| Issue Closing Date | Thu, Jul 1, 2021 |
| Date of Allotment (on or about) | Wed, Jul 7, 2021 |
| Date of Credit (on or about) | Thu, Jul 8, 2021 |
| Date of Listing (on or about) | Fri, Jul 9, 2021 |
You can apply for Aplab Limited Rights Issue in two ways:
Steps to apply for Aplab Limited Rights Issue using Net Banking (ASBA)
Steps to apply for Aplab Limited Rights Issue using Registrar's website (R-WAP)
