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Gennex Laboratories Limited Rights Issue (Gennex Laboratories Rights Issue 2022) Detail

Aug 5, 2022 - Aug 19, 2022
Gennex Laboratories Limited Logo

Incorporated in 1995, Gennex Laboratories Limited is a Manufacturer of Pharmaceutical Ingredients. The company manufactures products such as Guaifenesin, Methocarbamol, Fluconazole, Mephenesin, Phenazopyridine Hcl, Melitracen Hcl, Flupentixol Di-Hydrochloride, Chlorphenesin, Allopurinol, among other.

The company's unit is located in IDA Bollaram. Over 70% of the company's business comes from exports to over 50 countries across 5 continents.

Gennex Laboratories has a strong foothold in markets such as LATAM, MENA, SE Asia and the Indian Sub-Continent regions.

Gennex Laboratories Rights Issue 2022 Detail

Issue Open Aug 5, 2022 - Aug 19, 2022
Security Name Gennex Laboratories Limited
Issue Size (Shares) 63,251,500
Issue Size (Amount) ₹37.95 Crores
Issue Price ₹6 per share
Face Value ₹1 per share
Listing At BSE
Terms of Payment

Rs. 1.50/- per Equity Shares to be paid on application and remaining Rs. 4.50/- per on First and Final Call.

Entitlement 1 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date

Gennex Laboratories Rights Issue 2022 Issue Timetable

Bid/Offer Opens On Aug 5, 2022
Bid/Offer Closes On Aug 19, 2022
Record Date Jul 22, 2022
Deemed Date of Allotment Aug 26, 2022
Renunciation of Rights Entitlements Aug 12, 2022

Company Financials

Gennex Laboratories Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2159.0860.174.04
31-Mar-2268.2162.63.92
Amount in ₹ Crore

Objects of the Issue:

The Objects of the Issue are:

1. Meeting the Working capital requirement

2. Repayment of borrowings availed by the Company from lenders.

3. Further Investment in Deccan Remedies Ltd.,

4. General Corporate Purposes.

Gennex Laboratories Rights Issue 2022 Documents

Gennex Laboratories Rights Issue 2022 Rating

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Gennex Laboratories Rights Issue 2022 Reviews

Company Contact Information

Gennex Laboratories Limited
'Akash Ganga' 3rd Floor,
Plot No.144, Srinagar Colony,
Hyderabad-500073, T.S

Phone: +91-40-67334400
Email: info@gennexlab.com
Website: https://www.gennexlab.com/

Gennex Laboratories Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: investor@bigshareonline.com
    Website: http://www.bigshareonline.com

Gennex Laboratories Rights Issue 2022 Lead Manager(s)

Gennex Laboratories Rights Issue 2022 FAQs

The Gennex Laboratories Rights Issue 2022 opens on Aug 5, 2022, and closes on Aug 19, 2022.

Gennex Laboratories Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsAug 4, 2022
Last Date for renunciation of Rights EntitlementsAug 12, 2022
Issue Opening DateAug 5, 2022
Issue Closing DateAug 19, 2022
Date of Allotment (on or about)Aug 26, 2022
Date of Credit (on or about)Aug 31, 2022
Date of Listing (on or about)Sep 2, 2022

Gennex Laboratories Rights Issue 2022 price is set at ₹6 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date (Jul 22, 2022).

The record date for the Gennex Laboratories Rights Issue 2022 is Jul 22, 2022.

The issue size of Gennex Laboratories Rights Issue 2022 is of 63,251,500 equity shares at ₹6 per share aggregating upto ₹37.95 Crores.

The Letter of Offer for Gennex Laboratories Rights Issue 2022 can be download here.

You can apply for Gennex Laboratories Rights Issue 2022 in two ways:

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

Steps to apply for Gennex Laboratories Rights Issue 2022 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 Gennex Laboratories Rights Issue 2022 available on the list.
  4. Click the Apply button next to the Gennex Laboratories Rights Issue 2022.
  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 Gennex Laboratories Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Gennex Laboratories Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. Amit Surana   I Like It. | Report Abuse |   Link | Jul 27, 2022 11:38:13 AM Reply
i got intimation for 1:2 rights
and not 9:1