Mold-Tek Packaging Limited Rights Issue (Mold-Tek Packaging Rights Issue) Detail

Oct 28, 2020 - Nov 11, 2020

Incorporated in 1986, Mold Tek Packaging Limited (MTPL)was originally known as Tresure Paks Private Limited. With over 34 years of experience, MTPL is a Market Leader with a 22% lions share in rigid plastic packaging manufacturing. MTPL is engaged in the manufacturing of injection molding containers for paints, lubes, oils, food, FMCG, and other sectors including cosmetics and pharmaceuticals. The company has introduced certain world-class products in India through continuous innovation.

MTPL has eight manufacturing units, four at Telangana and one each at Maharashtra, Daman, Karnataka, and Andhra Pradesh, and three stock points spread across the country to ensure faster supplies.
MTPL applies globally used modern and premium decorations techniques to decorate its products using screen printing, heat transfer labeling technique, and In-Mold Labelling. MTPL mainly caters to three business segments viz (i) paint (ii) oil and lubricant, (iii) food, and FMCG. The company develops, designs, and manufactures products in different shapes and sizes as per customer requirements.

Company Strengths:
� In-House Manufacturing capability with state of the art technology.
� World-class integrated facility right from product inception to Mold designing, processing, and decorating the products.
� Widespread sales and distribution centers.

Company Strategies:
� Continued focus on innovation and research to develop new products.
� Focus on cost reduction and improving cost-efficiency.
� Increasing contribution from food, FMCG industry, and IML products.

Mold-Tek Packaging Rights Issue Detail

Issue Open	Oct 28, 2020 - Nov 11, 2020
Security Name	Mold-Tek Packaging Limited
Issue Size (Shares)	0.06 Crores
Issue Size (Amount)	₹71.30 Crores
Issue Price	₹180 per share
Face Value	₹5 per share
Minimum Lot size
Market Lot	1 per share
Listing At	BSE
Terms of Payment	On Application, Investors will have to pay ?45 per Rights Equity Share (25% of the Issue Price). The balance ?135 per Rights Equity Share (75% of the Issue Price), will have to be paid, on one or more subsequent Call(s), as determined by our Rights Committee at its sole discretion, from time to time.
Entitlement	1 Rights Equity Share for every 50 Equity Shares held on the Record Date with 6 Detachable warrants (at ?184 per warrant) for every Rights share alloted

Mold-Tek Packaging Rights Issue Issue Timetable

Bid/Offer Opens On	Oct 28, 2020
Bid/Offer Closes On	Nov 11, 2020
Record Date	Oct 22, 2020
Deemed Date of Allotment	Nov 18, 2020
Renunciation of Rights Entitlements

Company Financials

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (? in Million)
	31-Mar-20	31-Mar-19
Total Assets	3,633.02	3,553.12
Total Revenue	4,393.62	4,068.47
Profit After Tax	374.38	319.18

Mold-Tek Packaging Rights Issue Documents

Letter Of Offer

Mold-Tek Packaging Rights Issue Rating

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Company Contact Information

Mold-Tek Packaging Limited
8-2-293/82/A/700
Ground Floor Road No 36, Jubilee Hills,
Hyderabad, Telangana 500033

Phone: (91 40) 4030 0323
Email: cs@moldtekpackaging.com
Website: http://www.moldtekpackaging.com

Mold-Tek Packaging Rights Issue Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: moldtek.rights@linkintime.co.in
Website: http://www.linkintime.co.in

Mold-Tek Packaging Rights Issue Lead Manager(s)

Emkay Global Financial Services Ltd

Lead Manager Reports

Find Mold-Tek Packaging Rights Issue Latest Update

Mold-Tek Packaging Rights Issue FAQs

When is Mold-Tek Packaging Rights Issue coming?

The Mold-Tek Packaging Rights Issue opens on Oct 28, 2020, and closes on Nov 11, 2020.

What is the schedule for Mold-Tek Packaging Rights Issue?

Mold-Tek Packaging Rights Issue Schedule

Last Date for credit of Rights Entitlements	[.]
Last Date for renunciation of Rights Entitlements
Issue Opening Date	Oct 28, 2020
Issue Closing Date	Nov 11, 2020
Date of Allotment (on or about)	Nov 18, 2020
Date of Credit (on or about)	Nov 26, 2020
Date of Listing (on or about)	Nov 27, 2020

What is the issue price for Mold-Tek Packaging Rights Issue?
Mold-Tek Packaging Rights Issue price is set at ₹180 per share per equity share.
In what ratio is the Mold-Tek Packaging Rights Issue offered?
The eligible shareholders are being offered 1 Rights Equity Share for every 50 Equity Shares held on the Record Date with 6 Detachable warrants (at ?184 per warrant) for every Rights share alloted (Oct 22, 2020).
What is the record date for Mold-Tek Packaging Rights Issue?
The record date for the Mold-Tek Packaging Rights Issue is Oct 22, 2020.
What is the issue size of Mold-Tek Packaging Rights Issue?
The issue size of Mold-Tek Packaging Rights Issue is of 0.06 Crores equity shares at ₹180 per share aggregating upto ₹71.30 Crores.
Where can I get the Letter of Offer for Mold-Tek Packaging Rights Issue?
The Letter of Offer for Mold-Tek Packaging Rights Issue can be download here.
How to apply for Mold-Tek Packaging Rights Issue?
You can apply for Mold-Tek Packaging Rights Issue in two ways:
1. Net Banking (ASBA)
2. Registrar's Website (R-WAP Facility)
Steps to apply for Mold-Tek Packaging Rights Issue 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 Mold-Tek Packaging Rights Issue available on the list.
4. Click the Apply button next to the Mold-Tek Packaging Rights Issue.
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 Mold-Tek Packaging Rights Issue using Registrar's website (R-WAP)
1. Visit registrar's website
2. Go to the 'Rights Issue' section
3. Select Mold-Tek Packaging Rights Issue from the dropdown.
4. Enter Demat Account Number.
5. Fill the online application form.
6. Validate and submit the application.

2 Comments

2. Tejsam Dec 6, 2020 06:23

Reply 0

I am nri and purchased 99 rights and applied for 8+99=107 rights but they are not allotted since I did not have prior rbi permission to hold warrants as per rule 7 of fema guidelines. Can anybody guide me to get permission. My authorized dealer bank axis does not know the process.

I have asked linkintime even allot me non repatriation account but no deduction in my account and axis bank ipo status does not show any status update.
Please advise what action I should take?

1. RAMESH YADAV Oct 31, 2020 06:03

Reply 0

Whats the option if the account verfication while applying online and paying thru R-WAP on the registrars website does not succeed. Can we apply physically?