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Libas Consumer Products Limited Rights Issue (Libas Consumer Products Rights Issue 2022) Detail

September 27, 2022 - October 7, 2022
Libas Consumer Products Limited Logo

Libas Consumer Products Limited specializes in western contemporary and ethnic Indian men's and women's wear. The company offers Business Suits, Shirts, Trousers, Sherwanis, a light range of indo- westerns, Kurtas, designer wedding suits, fine men's business suits, formal shirts and trousers.

The company has a production facility in Mumbai that has a capacity of 35000 to 40000 pieces. The Company also have a sub-brand that offers formal men's and women's shoes and accessories.

Libas Consumer Products Rights Issue 2022 Detail

Issue Open September 27, 2022 - October 7, 2022
Security Name Libas Consumer Products Limited
Issue Size (Shares) 8,820,000
Issue Size (Amount) ₹18.52 Crores
Issue Price ₹21 per share
Face Value ₹10 per share
Listing At NSE
Terms of Payment
Entitlement 1 Equity Shares for every 2 Equity Shares held on the Record Date

Libas Consumer Products Rights Issue 2022 Issue Timetable

Record Date September 16, 2022
Credit of Rights Entitlements September 26, 2022
Bid/Offer Opens On September 27, 2022
Renunciation of Rights Entitlements October 3, 2022
Bid/Offer Closes On October 7, 2022
Deemed Date of Allotment October 18, 2022
Credit Date October 20, 2022
Listing Date October 25, 2022

Company Financials

Libas Consumer Products Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After Tax
31-Mar-2135.54-1.63
31-Mar-2246.722.56
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the Net Proceeds from the Issue towards the following objects:

1) Meeting Working Capital Requirement

2) Marketing for innerwear Brand "KNG"

Libas Consumer Products Rights Issue 2022 Documents

Libas Consumer Products Rights Issue 2022 Rating

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Libas Consumer Products Rights Issue 2022 Reviews

Company Contact Information

Libas Consumer Products Limited
Libas Designs Limited, 401, 4th Floor,
Crescent Royale, Off New, Link Road,
Lokhandwala Complex, Andheri (West) 400053

Phone: (+91)99280-99603
Email: info@libasfashion.com
Website: http://www.libasdesignsltd.com/index.php

Libas Consumer Products Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Libas Consumer Products Rights Issue 2022 Lead Manager(s)

Libas Consumer Products Rights Issue 2022 FAQs

The Libas Consumer Products Rights Issue 2022 opens on September 27, 2022, and closes on October 7, 2022.

Libas Consumer Products Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsSeptember 26, 2022
Last Date for renunciation of Rights EntitlementsOctober 3, 2022
Issue Opening DateSeptember 27, 2022
Issue Closing DateOctober 7, 2022
Date of Allotment (on or about)October 18, 2022
Date of Credit (on or about)October 20, 2022
Date of Listing (on or about)October 25, 2022

Libas Consumer Products Rights Issue 2022 price is set at ₹21 per share per equity share.

The eligible shareholders are being offered 1 Equity Shares for every 2 Equity Shares held on the Record Date (September 16, 2022).

The record date for the Libas Consumer Products Rights Issue 2022 is September 16, 2022.

The issue size of Libas Consumer Products Rights Issue 2022 is of 8,820,000 equity shares at ₹21 per share aggregating upto ₹18.52 Crores.

The Letter of Offer for Libas Consumer Products Rights Issue 2022 can be download here.

You can apply for Libas Consumer Products Rights Issue 2022 in two ways:

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

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

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

2 Comments

2. CAAditya     Link|October 3, 2022 1:59:01 PM
Hi,

I have RE to this issue, however ICICI ASBA is not showing the same, and I am not able to trace any online application facility in big share.

Would appreciate any help.
2.1. Amit Surana     Link|October 6, 2022 12:47:15 PM
tomo is the last day to apply in Libas RI
1. Shardaben Kachhadia     Link|October 4, 2022 11:07:16 PM
Sir, kindly send me Application form for applying rights issue to Libas consumer products Limited

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