₹47.90 Crores | Listing at BSE | Thu, Jan 19, 2023 - Thu, Feb 2, 2023
Pacific Industries Limited Rights Issue comprises 0.3446 Cr equity shares aggregating to ₹47.90 Cr, offered at an issue price of ₹139 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Jan 11, 2023.
As per the terms of payment, ₹139 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jan 13, 2023.
The Rights Issue opens on Jan 19, 2023 and closes on Feb 2, 2023.
The deemed date of allotment is Feb 10, 2023, following which the equity shares are expected to be credited to demat accounts on Feb 13, 2023 and listed on the BSE on Feb 15, 2023.
Srujan Alpha Capital Advisors LLP is the Lead Manager to the issue and MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Pacific Industries Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Jan 11, 2023
Entitlement Ratio
:
Open Date
Thu, Jan 19, 2023
Close Date
Thu, Feb 2, 2023
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 475.18 | 185.86 | 10.41 |
| 31-Mar-22 | 510.58 | 293.42 | 15.92 |
| Amount in ₹ Crore | |||
Incorporated in 1989, Pacific Industries Limited operates as a 100% export-oriented unit by eminent industrialist Mr. J.P. Agrawal. They are known amongst the leading quarry owners and processors of natural stones.
The efforts of Pacific Industries are narrated towards putting sustainable efforts and offering an elegant and durable variety of stones across the world.
The company has successfully expanded its operations in over 40 countries by selling products like slabs, tiles, cut-to-size, etc. Pacific Industries operates through its two processing units situated in Bangalore and Udaipur, respectively.
With the combination of the right team of professionals striving to deliver and maintain the highest quality and efficient delivery, Pacific Industries is touching newer heights of success.
The Company intends to utilize the Net Proceeds from the Issue towards the following objects:
[Dilip Davda] The company has been in the business of granite mining and processing. As the realty sector is set for a boom period ahead, this company may reap benefits. Though its FY23 results show a setback, RI at a discounted price to its last traded price is appealing. Well-informed investors may consider parking funds with medium to long-term perspectives. Read detail review...
Pacific Industries Limited
Survey No. 13, National Highway 48,
Kempalinganahalli Village, Nelamangala Taluk,
Bangalore - 562123
Banga, Punjab, 562123
The Pacific Industries Rights Issue 2023 opens on Thu, Jan 19, 2023, and closes on Thu, Feb 2, 2023.
Pacific Industries Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | Fri, Jan 13, 2023 |
| Last Date for renunciation of Rights Entitlements | Mon, Jan 30, 2023 |
| Issue Opening Date | Thu, Jan 19, 2023 |
| Issue Closing Date | Thu, Feb 2, 2023 |
| Date of Allotment (on or about) | Fri, Feb 10, 2023 |
| Date of Credit (on or about) | Mon, Feb 13, 2023 |
| Date of Listing (on or about) | Wed, Feb 15, 2023 |
You can apply for Pacific Industries Rights Issue 2023 in two ways:
Steps to apply for Pacific Industries Rights Issue 2023 using Net Banking (ASBA)
Steps to apply for Pacific Industries Rights Issue 2023 using Registrar's website (R-WAP)
