Kati Patang Lifestyle Ltd Rights Issue (Kati Patang Lifestyle Rights Issue 2025) Detail

₹20.51 Crores | Listing at BSE | Thu, Jul 17, 2025 - Fri, Aug 1, 2025

Kati Patang Lifestyle Ltd Logo

Kati Patang Lifestyle Ltd Rights Issue comprises 1.03 Cr equity shares aggregating to ₹20.51 Cr, offered at an issue price of ₹20 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is Jul 10, 2025, with the Rights Issue being offered in the entitlement ratio of 2 : 7.

The term of payment is defined as following : Issue Price of Rs.20/- is payable as Rs.10/- per Share on Application and Rs.10/- per Share on One or More subsequent Calls.

The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 4, 2025.

The Rights Issue opens on Jul 17, 2025, and closes on Aug 1, 2025, with renunciation of Rights Entitlements permitted up to Jul 22, 2025.

The deemed date of allotment is Aug 4, 2025, following which the equity shares are expected to be credited to demat accounts on Aug 5, 2025 and listed at the BSE on Aug 5, 2025.

MAS Services Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Kati Patang Lifestyle Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Thu, Jul 10, 2025

Entitlement Ratio

2 : 7

Open Date

Thu, Jul 17, 2025

Close Date

Fri, Aug 1, 2025

Rights Issue Details

Rights Issue Timetable

Virtualsoft Systems Ltd. Financial Information (Restated Consolidated)

Virtualsoft Systems Ltd.'s revenue increased by 257% and profit after tax (PAT) dropped by 99% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Revenue18.375.143.59
Profit After Tax-4.80-2.41-4.15
Net Worth12.50-23.65-21.84
Reserves and Surplus-23.39-33.95-32.14
Amount in ₹ Crore

About Kati Patang Lifestyle Ltd

Incorporated in 1992, Kati Patang Lifestyle Limited (formerly VirtualSoft Systems Ltd.) is a Delhi‑based IT consulting and software company, . It delivers broadband, virtual events, and mobile roaming solutions, including its proprietary vCode and vReach platforms for enterprise communications and hybrid workplaces.

Kati Patang blends traditional brewing with Indian flavors. From saffron-infused Lager to Bareilly Bold with dried Palash, and Snappy Wheat Beer spiced with turmeric and ginger, each brew offers uniqueness.

Their seven beers, brewed in three advanced breweries, are enjoyed in India, the UK, and the USA. Zesty Amber Ale and Snappy Wheat Beer earned Silver at Berlin’s Beer Competition.

Objects of the Issue:

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

  1. Investment in the Subsidiary, Empyrean Spirits Private Limited (“ESPL”), for funding its Working capital requirements
  2. Funding of unidentified acquisitions and investment along with General Corporate Purposes

Rights Issue Review

[Dilip Davda] VSL is currently engaged in serving draft beer based on third party supply. The company does not have its own manufacturing unit. It posted erratic financial performance with losses for reported periods. Considering losses, the RI appears aggressively priced at a negative P/E. It is operating in a highly competitive and fragmented segment. There is no harm in skipping this “High Risk/Low Return” pricey bet. Read detail review...

Rights Issue Subscription Status

Kati Patang Lifestyle Rights Issue 2025 got oversubscribed by 1.09 times by the end of the bidding period with total bid quantity received by BSE of 1,12,28,364 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Aug 01 2025 17:00:00

1,12,28,364

1.09x

Company Contact Information

Kati Patang Lifestyle Ltd
S-101,
Panchsheel Park,
New Delhi, 110017

Rights Issue Registrar

MAS Services Ltd.

Rights Issue FAQs

The Kati Patang Lifestyle Rights Issue 2025 opens on Thu, Jul 17, 2025, and closes on Fri, Aug 1, 2025.

Kati Patang Lifestyle Rights Issue 2025 Schedule

Last Date for credit of Rights EntitlementsFri, Jul 11, 2025
Last Date for renunciation of Rights EntitlementsTue, Jul 22, 2025
Issue Opening DateThu, Jul 17, 2025
Issue Closing DateFri, Aug 1, 2025
Date of Allotment (on or about)Mon, Aug 4, 2025
Date of Credit (on or about)Tue, Aug 5, 2025
Date of Listing (on or about)Tue, Aug 5, 2025
Kati Patang Lifestyle Rights Issue 2025 price is set at ₹20 per share.
The eligible shareholders are being offered 2 Rights Equity Share(s) for every 7 fully paid-up Equity Shares held on Record Date (Thu, Jul 10, 2025).
The record date for the Kati Patang Lifestyle Rights Issue 2025 is Thu, Jul 10, 2025.
The issue size of Kati Patang Lifestyle Rights Issue 2025 is of 1,02,56,651 equity shares at ₹20 per share aggregating up to ₹20.51 Crores.
The Letter of Offer for Kati Patang Lifestyle Rights Issue 2025 can be downloaded here.

You can apply for Kati Patang Lifestyle Rights Issue 2025 in two ways:

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

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

Steps to apply for Kati Patang Lifestyle Rights Issue 2025 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Kati Patang Lifestyle 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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