HCP Plastene Bulkpack Limited is engaged in manufacturing plastic packaging and textile woven products like plastic bags & sacks, BOPP laminated bags, woven sacks, multi-coloured BOPP woven bags, PP woven sacks for the cement industry, etc. The company previously operated under the name Gopala Polyplast Limited. Currently, the Company is a part of Plastene Group (PIL).
HCP Plastene Bulkpack Rights Issue Detail
Issue Open
Mar 30, 2022 - Apr 13, 2022
Security Name
HCP Plastene Bulkpack Limited
Issue Size (Shares)
0.04 Crores
Issue Size (Amount)
₹26.46 Crores
Issue Price
₹600 per share
Face Value
₹10 per share
Minimum Lot size
1 per share
Market Lot
1 per share
Listing At
BSE
Terms of Payment
Investors will have to pay the full amount of Rs 600 on the application.
Entitlement
3 Rights Equity Shares for every 5 fully paid-up Equity Shares held on the Record Date
HCP Plastene Bulkpack Rights Issue Issue Timetable
Bid/Offer Opens On
Mar 30, 2022
Bid/Offer Closes On
Apr 13, 2022
Record Date
Mar 18, 2022
Deemed Date of Allotment
Apr 25, 2022
Renunciation of Rights Entitlements
Apr 6, 2022
Company Financials
Summary of financial Information (Standalone)
Particulars
For the year/period ended (Rs in Lakhs)
30-Sep-21
31-Mar-21
31-Mar-20
31-Mar-19
Total Assets
6,707.59
7,239.86
7,113.98
9,772.33
Total Revenue
2,183.42
1,611.47
571.13
19,052.75
Profit After Tax
(443.43)
6,366.54
(2,072.36)
(8,898.80)
Objects of the Issue:
The objects of the Issue are:
Funding the Incremental working capital requirements of our Company.