Loading...

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) 983,396
Issue Size (Amount) ₹14.75 Crores
Issue Price ₹150 per share
Face Value ₹10 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

Record Date Apr 1, 2022
Credit of Rights Entitlements Apr 11, 2022
Bid/Offer Opens On Apr 18, 2022
Renunciation of Rights Entitlements Apr 22, 2022
Bid/Offer Closes On Apr 27, 2022
Deemed Date of Allotment May 6, 2022
Credit Date May 9, 2022
Listing Date May 11, 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

Makers Laboratories Rights Issue 2022 Rating

2
3.5
Rating:Rated 3.5 stars
Vote Here ...

Makers Laboratories Rights Issue 2022 Reviews

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)

Makers Laboratories Rights Issue 2022 FAQs

The Makers Laboratories Rights Issue 2022 opens on Apr 18, 2022, and closes on Apr 27, 2022.

Makers Laboratories Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsApr 11, 2022
Last Date for renunciation of Rights EntitlementsApr 22, 2022
Issue Opening DateApr 18, 2022
Issue Closing DateApr 27, 2022
Date of Allotment (on or about)May 6, 2022
Date of Credit (on or about)May 9, 2022
Date of Listing (on or about)May 11, 2022

Makers Laboratories Rights Issue 2022 price is set at ₹150 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Shares for every 5 fully paid-up Equity Shares held on the Record Date (Apr 1, 2022).

The record date for the Makers Laboratories Rights Issue 2022 is Apr 1, 2022.

The issue size of Makers Laboratories Rights Issue 2022 is of 983,396 equity shares at ₹150 per share aggregating upto ₹14.75 Crores.

The Letter of Offer for Makers Laboratories Rights Issue 2022 can be download here.

You can apply for Makers Laboratories Rights Issue 2022 in two ways:

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

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

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