₹26.46 Crores | Listing at BSE | Wed, Mar 30, 2022 - Wed, Apr 13, 2022
HCP Plastene Bulkpack Limited Rights Issue comprises 0.0441 Cr equity shares aggregating to ₹26.46 Cr, offered at an issue price of ₹600 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Mar 18, 2022.
As per the terms of payment, ₹600 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Mar 29, 2022.
The Rights Issue opens on Mar 30, 2022, and closes on Apr 13, 2022, with renunciation of Rights Entitlements permitted up to Apr 6, 2022.
The deemed date of allotment is Apr 25, 2022, following which the equity shares are expected to be credited to demat accounts on Apr 29, 2022 and listed on the BSE on May 4, 2022.
Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the HCP Plastene Bulkpack Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Mar 18, 2022
Entitlement Ratio
:
Open Date
Wed, Mar 30, 2022
Close Date
Wed, Apr 13, 2022
| 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) | |
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).
The objects of the Issue are:
[Dilip Davda] The company has posted inconsistent financial performance and has carried forward loss. RI is priced at a premium to the current market price. There is no harm in skipping this offer. Read detail review...
HCP Plastene Bulkpack Limited
H.B. Jirawala House,
Navbharat Soc, Nr. Panchshil Bus Stand,
Usmanpura, Ahmedabad 380013
Ahmedabad, Gujarat, 380013
The HCP Plastene Bulkpack Rights Issue opens on Wed, Mar 30, 2022, and closes on Wed, Apr 13, 2022.
HCP Plastene Bulkpack Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Tue, Mar 29, 2022 |
| Last Date for renunciation of Rights Entitlements | Wed, Apr 6, 2022 |
| Issue Opening Date | Wed, Mar 30, 2022 |
| Issue Closing Date | Wed, Apr 13, 2022 |
| Date of Allotment (on or about) | Mon, Apr 25, 2022 |
| Date of Credit (on or about) | Fri, Apr 29, 2022 |
| Date of Listing (on or about) | Wed, May 4, 2022 |
You can apply for HCP Plastene Bulkpack Rights Issue in two ways:
Steps to apply for HCP Plastene Bulkpack Rights Issue using Net Banking (ASBA)
Steps to apply for HCP Plastene Bulkpack Rights Issue using Registrar's website (R-WAP)
