Pulsar International Ltd Rights Issue (Pulsar International Rights Issue Dec 2025) Detail

₹35.70 Crores | Listing at BSE | Wed, Dec 31, 2025 - Mon, Jan 19, 2026

Pulsar International Ltd Logo

Pulsar International Ltd Rights Issue comprises 35.70 Cr equity shares aggregating to ₹35.70 Cr, offered at an issue price of ₹1 per share with a face value of ₹1 per share.

The record date for determining eligible shareholder is Dec 22, 2025, with the Rights Issue being offered in the entitlement ratio of 5 : 1.

The term of payment is defined as following : Full amount of Re. 1.00/- per equity share is payable on application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Jan 20, 2026.

The Rights Issue opens on Dec 31, 2025, and closes on Jan 19, 2026, with renunciation of Rights Entitlements permitted up to Jan 13, 2026.

The deemed date of allotment is Jan 20, 2026, following which the equity shares are expected to be credited to demat accounts on Jan 21, 2026 and listed at the BSE on Jan 22, 2026.

Indusind Bank Ltd. is the Lead Manager to the issue and Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Pulsar International Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Mon, Dec 22, 2025

Entitlement Ratio

5 : 1

Open Date

Wed, Dec 31, 2025

Close Date

Mon, Jan 19, 2026

Rights Issue Details

Rights Issue Timetable

Pulsar International Ltd Financial (Restated)

Pulsar International Ltd's revenue increased by 58% and profit after tax (PAT) dropped by 29% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets27.3712.595.12
Total Income31.1719.780.37
Profit After Tax1.762.490.13
Amount in ₹ Crore

About Pulsar International Ltd

Pulsar International Limited was incorporated in 1990 and is a public limited company headquartered in Ahmedabad, Gujarat, India. The company engages in the procurement, processing, and distribution of agricultural produce, with a strategic focus on perishable commodities such as fresh fruits and vegetables, and provides related wholesale trade and contract farming services through integrated infrastructure and digital solutions.

It is listed on the Bombay Stock Exchange (BSE: 512591) and primarily operates in trade, financial services, and agriculture-related supply chain management sectors.

Objects of the Issue:

The Company intends to utilize the proceeds raised through the Issue for the following objects:

  • To establish, construct, and operate cold storage facilities
  • To finance activities related to contract farming and allied agricultural operations
  • Incremental Working Capital Requirements
  • General Corporate Purposes

Rights Issue Review

[Dilip Davda] PIL is engaged in integrated agri-supply chain management, with prime focus on perishable commodities -fruits and vegetables. The company posted erratic financial performances for the reported periods. Post-RI, its paid-up equity will stand six folds, indicating its servicing issue. Promoters’ holding stands at NIL currently, indicating a major concern. Though it’s at par offer, there is no harm in skipping this dicey bet. Read detail review...

Rights Issue Subscription Status

Pulsar International Rights Issue Dec 2025 got oversubscribed by 1.3 times by the end of the bidding period with total bid quantity received by BSE of 46,23,30,338 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Jan 19 2026 17:00:00

46,23,30,338

1.30x

Company Contact Information

Pulsar International Ltd
16, Vibrant Mega Industrial Park
Survey No. 33, Mouje, Taluka Daskroi,
Vehlal
Ahmedabad, 382330

Rights Issue Registrar

Purva Sharegistry (India) Pvt.Ltd.

Rights Issue Lead Manager(s)

  1. Indusind Bank Ltd.

Rights Issue FAQs

The Pulsar International Rights Issue Dec 2025 opens on Wed, Dec 31, 2025, and closes on Mon, Jan 19, 2026.

Pulsar International Rights Issue Dec 2025 Schedule

Last Date for credit of Rights EntitlementsTue, Dec 30, 2025
Last Date for renunciation of Rights EntitlementsTue, Jan 13, 2026
Issue Opening DateWed, Dec 31, 2025
Issue Closing DateMon, Jan 19, 2026
Date of Allotment (on or about)Tue, Jan 20, 2026
Date of Credit (on or about)Wed, Jan 21, 2026
Date of Listing (on or about)Thu, Jan 22, 2026
Pulsar International Rights Issue Dec 2025 price is set at ₹1 per share.
The eligible shareholders are being offered 5 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (Mon, Dec 22, 2025).
The record date for the Pulsar International Rights Issue Dec 2025 is Mon, Dec 22, 2025.
The issue size of Pulsar International Rights Issue Dec 2025 is of 35,69,50,000 equity shares at ₹1 per share aggregating up to ₹35.70 Crores.
The Letter of Offer for Pulsar International Rights Issue Dec 2025 can be downloaded here.

You can apply for Pulsar International Rights Issue Dec 2025 in two ways:

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

Steps to apply for Pulsar International Rights Issue Dec 2025 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 Pulsar International Rights Issue Dec 2025 is available on the list.
  4. Click the Apply button next to the Pulsar International Rights Issue Dec 2025.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Pulsar International Rights Issue Dec 2025 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Pulsar International Rights Issue Dec 2025 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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