Bisil Plast Limited Rights Issue (Bisil Plast Rights Issue 2025) Detail

₹48.63 Crores | Listing at BSE | Tue, Mar 18, 2025 - Wed, Apr 16, 2025

Bisil Plast Limited Logo

Bisil Plast Limited Rights Issue comprises 48.63 Cr equity shares aggregating to ₹48.63 Cr, offered at an issue price of ₹1 per share with a face value of ₹1 per share.

The record date for determining eligible shareholder is Mar 8, 2025, with the Rights Issue being offered in the entitlement ratio of 9 : 1.

The term of payment is defined as following : Issue Price of Re.1/- payable on Application

The Rights Entitlements are expected to be credited to eligible demat accounts on Apr 17, 2025.

The Rights Issue opens on Mar 18, 2025, and closes on Apr 16, 2025, with renunciation of Rights Entitlements permitted up to Apr 7, 2025.

The deemed date of allotment is Apr 17, 2025, following which the equity shares are expected to be credited to demat accounts on Apr 22, 2025 and listed at the BSE on Apr 18, 2025.

MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.

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

Record Date

Sat, Mar 8, 2025

Entitlement Ratio

9 : 1

Open Date

Tue, Mar 18, 2025

Close Date

Wed, Apr 16, 2025

Rights Issue Details

Rights Issue Timetable

Bisil Plast Limited Financial Information (Restated)

Period Ended31 Mar 202431 Mar 2023
Assets3.561.39
Revenue4.034.04
Profit After Tax0.20.18
Amount in ₹ Crore

About Bisil Plast Limited

Incorporated in 1986, Bisil Plast Limited is engaged in the wholesale supply of PET bottles, jars, and related products to pharmaceutical companies, FMCG companies, bottling companies, and other industries.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

  1. To meet the Working Capital requirements of the company; and
  2. Purchase of Machinery
  3. General Corporate Purposes.

The Issue has been Withdrawn.

Rights Issue Review

[Dilip Davda] Though this RI is at par, it is under GSM: Stage 3 with restricted trades. It posted minuscule financial performance. Nearly 10-fold equity post-RI may witness its servicing issue. The promoter’s holding is NIL. There is no harm in skipping this at par offer that can be termed as “High Risk/No Return” bet. Read detail review...

Rights Issue Subscription Status

Bisil Plast Rights Issue 2025 got oversubscribed by 1.01 times by the end of the bidding period with total bid quantity received by BSE of 49,14,88,764 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Apr 16 2025 17:00:00

49,14,88,764

1.01x

Company Contact Information

Bisil Plast Limited
406, Silver Oaks Commercial Complex,
Opp. Arun Society, Paldi,
Ahmedabad – 380007
Ahmedabad, Gujarat, 380007

Rights Issue Registrar

MUFG Intime India Pvt.Ltd.

Rights Issue FAQs

The Bisil Plast Rights Issue 2025 opens on Tue, Mar 18, 2025, and closes on Wed, Apr 16, 2025.

Bisil Plast Rights Issue 2025 Schedule

Last Date for credit of Rights EntitlementsMon, Apr 7, 2025
Last Date for renunciation of Rights EntitlementsMon, Apr 7, 2025
Issue Opening DateTue, Mar 18, 2025
Issue Closing DateWed, Apr 16, 2025
Date of Allotment (on or about)Thu, Apr 17, 2025
Date of Credit (on or about)Tue, Apr 22, 2025
Date of Listing (on or about)Fri, Apr 18, 2025
Bisil Plast Rights Issue 2025 price is set at ₹1 per share.
The eligible shareholders are being offered 9 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (Sat, Mar 8, 2025).
The record date for the Bisil Plast Rights Issue 2025 is Sat, Mar 8, 2025.
The issue size of Bisil Plast Rights Issue 2025 is of 48,62,79,000 equity shares at ₹1 per share aggregating up to ₹48.63 Crores.
The Letter of Offer for Bisil Plast Rights Issue 2025 can be downloaded here.

You can apply for Bisil Plast Rights Issue 2025 in two ways:

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

Steps to apply for Bisil Plast 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 Bisil Plast Rights Issue 2025 is available on the list.
  4. Click the Apply button next to the Bisil Plast Rights Issue 2025.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Bisil Plast Rights Issue 2025 using Registrar's website (R-WAP)

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

Compare: