Pankaj Piyush Trade & Investment Ltd Rights Issue (Kairosoft AI Solutions Rights Issue 2025) Detail

₹20.00 Crores | Listing at BSE | Thu, Feb 20, 2025 - Wed, Mar 5, 2025

Pankaj Piyush Trade & Investment Ltd Logo

Pankaj Piyush Trade & Investment Ltd Rights Issue comprises 0.0800 Cr equity shares aggregating to ₹20.00 Cr, offered at an issue price of ₹250 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is Feb 11, 2025, with the Rights Issue being offered in the entitlement ratio of 10 : 1.

The term of payment is defined as following : Full amount of Rs. 50 per Equity Share is payable at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Mar 12, 2025.

The Rights Issue opens on Feb 20, 2025, and closes on Mar 5, 2025, with renunciation of Rights Entitlements permitted up to Feb 25, 2025.

The deemed date of allotment is Mar 12, 2025, following which the equity shares are expected to be credited to demat accounts on Feb 14, 2025 and listed at the BSE on Mar 28, 2025.

Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Pankaj Piyush Trade & Investment Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Tue, Feb 11, 2025

Entitlement Ratio

10 : 1

Open Date

Thu, Feb 20, 2025

Close Date

Wed, Mar 5, 2025

Rights Issue Details

Rights Issue Timetable

Pankaj Piyush Trade & Investment Ltd Financial Information (Restated Consolidated)

Period Ended01 Apr 202431 Mar 2023
Assets23.3227.37
Revenue1.83.75
Profit After Tax-4.54-0.05
Amount in ₹ Crore

About Pankaj Piyush Trade & Investment Ltd

Incorporated in 1983, Kairosoft AI Solutions Ltd, formerly known as Pankaj Piyush Trade & Investment, offers a range of AI tools to empower creators, developers, and businesses, streamlining content creation across various domains. The company specialize in advanced solutions for text, code generation, and innovative visual and voice technologies.

The company offer following solution:-

  1. AI image generation tools that allow users to create high-quality visuals
  2. AI-powered content creation services produce captivating and well-structured written content for different purposes.
  3. AI-Based Marketing Solutions.
  4. AI Business Model Innovation

Objects of the Issue:

The Company proposes to utilize the net proceeds from the Issue towards funding the following objects.

  1. To meet the Working Capital Requirements;
  2. Capital Expenditure in requirements for purchasing laptops/servers/printers and other equipment’s
  3. To meet General corporate purposes;

Rights Issue Review

[Dilip Davda] KASL has entered in AI based digital innovation solutions post change in name. It has posted erratic financial performance so far. The counter is trading at a discount to its RI price. The counter is inflated with thin volumes to tempt investors. Despite market operations, the counter is marking discounted price on BSE. Simply stay away from this pricey and highly risky bet. Read detail review...

Rights Issue Subscription Status

Kairosoft AI Solutions Rights Issue 2025 got subscribed by 0.99 times by the end of the bidding period with total bid quantity received by BSE of 7,95,295 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Mar 05 2025 17:00:00

7,95,295

0.99x

Company Contact Information

Pankaj Piyush Trade & Investment Ltd
DPT612, F-79& 80,
, DLF Prime Towers, Okhla Industrial Estate
South Delhi, New Delhi-110020
South Delhi, New Delhi, 110020

Rights Issue Registrar

Skyline Financial Services Pvt.Ltd.

Rights Issue FAQs

The Kairosoft AI Solutions Rights Issue 2025 opens on Thu, Feb 20, 2025, and closes on Wed, Mar 5, 2025.

Kairosoft AI Solutions Rights Issue 2025 Schedule

Last Date for credit of Rights EntitlementsFri, Feb 14, 2025
Last Date for renunciation of Rights EntitlementsTue, Feb 25, 2025
Issue Opening DateThu, Feb 20, 2025
Issue Closing DateWed, Mar 5, 2025
Date of Allotment (on or about)Wed, Mar 12, 2025
Date of Credit (on or about)Fri, Feb 14, 2025
Date of Listing (on or about)Fri, Mar 28, 2025
Kairosoft AI Solutions Rights Issue 2025 price is set at ₹250 per share.
The eligible shareholders are being offered 10 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (Tue, Feb 11, 2025).
The record date for the Kairosoft AI Solutions Rights Issue 2025 is Tue, Feb 11, 2025.
The issue size of Kairosoft AI Solutions Rights Issue 2025 is of 8,00,000 equity shares at ₹250 per share aggregating up to ₹20.00 Crores.
The Letter of Offer for Kairosoft AI Solutions Rights Issue 2025 can be downloaded here.

You can apply for Kairosoft AI Solutions Rights Issue 2025 in two ways:

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

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

Steps to apply for Kairosoft AI Solutions Rights Issue 2025 using Registrar's website (R-WAP)

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

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