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Makers Laboratories Limited Rights Issue (Makers Laboratories Rights Issue 2022) Detail

Apr 18, 2022 - Apr 27, 2022
Makers Laboratories Limited Logo

Incorporated in 1984, Makers Laboratories Limited is a Pharmaceutical Company that engages in the business of marketing Branded Generic Pharmaceutical Formulations such as Duramol (Paracetamol), Artemak-AB (α-β Arteether), Loroquin (Chloroquine), Nimuwin (Nimuselide), Coffin (Anti cough Range) and Exylin (Amoxycillin range).

The company has a product range of 170 products in therapy segments such as Anti Malarials, Analgesics, Anti Pyretics, Anti-Allergy, Nutritional Supplements, Dermatology, Ophthalmic, Anti Diabetic, Anti-Hypertensives etc. Makers Laboratories has warehouses in Ahmedabad, Ambala, and Mumbai, which cater to Distributors across India.

The company operates on a PAN India basis with a strong distribution network of 20 Consignment Agents and 15 Super Stockiest, catering to more than 1500 Stockiest, 1,00,000 Doctors and 2,00,000 Retailers.

Makers Laboratories Rights Issue 2022 Detail

Issue Open Apr 18, 2022 - Apr 27, 2022
Security Name Makers Laboratories Limited
Issue Size (Shares) 0.10 Crores
Issue Size (Amount) ₹14.75 Crores
Issue Price ₹150 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 150 on the application.

Entitlement 1 Rights Equity Shares for every 5 fully paid-up Equity Shares held on the Record Date

Makers Laboratories Rights Issue 2022 Issue Timetable

Bid/Offer Opens On Apr 18, 2022
Bid/Offer Closes On Apr 27, 2022
Record Date Apr 1, 2022
Deemed Date of Allotment May 6, 2022
Renunciation of Rights Entitlements Apr 22, 2022

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
  31-Mar-21 31-Mar-20
Total Assets 7,911.59 7,387.49
Total Revenue 4,482.54 5,162.21
Profit After Tax -161.66 -12.38

Objects of the Issue:

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

  1. Funding capital expenditure requirement for upgradation of existing manufacturing units.
  2. Meet expenses for the Issue.
  3. General corporate purposes.

Makers Laboratories Rights Issue 2022 Documents

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Company Contact Information

Makers Laboratories Limited
54-D,
Kandivli Industrial Estate,
Kandivli (W), Mumbai, 400067

Phone: 022-28688544
Email: investors@makerslabs.com
Website: https://www.makerslabs.com/

Makers Laboratories Rights Issue 2022 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: makerslab.rights@linkintime.co.in
    Website: https://linkintime.co.in/

Makers Laboratories Rights Issue 2022 Lead Manager(s)


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