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Scanpoint Geomatics Ltd. Rights Issue (Scanpoint Geomatics Rights Issue April 2024) Detail

April 30, 2024 - May 8, 2024
Scanpoint Geomatics Ltd. Logo

Founded in 1992, Scanpoint Geomatics Ltd. is an Indian company specialising in geospatial software development and sales.

Scanpoint Geomatics Ltd. is known for pioneering the Indian geospatial industry with IGiS, an indigenous technology that combines GIS, image processing, photogrammetry, and CAD on a single platform. IGiS is a joint development partnership between Scanpoint Geomatics Ltd. and SAC-ISRO.

IGiS technology caters to many solutions across industries like Agriculture, Defence, Forestry, Disaster Management, Land Information, Mining, Power, Smart City, Urban Planning, Utilities, and Location-Based Services. The company has partnered with ISRO to provide its customers with the latest geospatial domain technologies. The company's service also includes end-to-end turn-key solutions for enterprise GIS implementation.

The company is ISO 9001:2015 certified for providing geomatics solutions & the information security management system is ISO 27001:2013 certified. Products and processes comply with OGC and CMMi3 quality and capability maturity standards.

Scanpoint Geomatics Rights Issue April 2024 Detail

Issue Open April 30, 2024 - May 8, 2024
Security Name Scanpoint Geomatics Ltd.
Issue Size (Shares) 98,800,000
Issue Size (Amount) ₹49.40 Crores
Issue Price ₹5 per share
Face Value ₹2 per share
Listing At BSE
Terms of Payment

The Issue Price i.e.Rs.5/- is payable on the application

Entitlement 67 Rights Equity Share(s) for every 47 fully paid-up Equity Shares held on Record Date

Scanpoint Geomatics Rights Issue April 2024 Issue Timetable

Last Date to buy sharesApril 18, 2024
Record Date April 19, 2024
Credit of Rights Entitlements April 29, 2024
Bid/Offer Opens On April 30, 2024
Renunciation of Rights Entitlements May 2, 2024
Bid/Offer Closes On May 8, 2024
Deemed Date of Allotment May 16, 2024
Credit Date May 23, 2024
Listing Date May 27, 2024

Company Financials

Scanpoint Geomatics Ltd. Financial Information (Restated Consolidated)

Scanpoint Geomatics Ltd.'s revenue decreased by -47.94% and profit after tax (PAT) dropped by -70.38% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 2022
Assets161.18142.40
Revenue10.6417.4133.45
Profit After Tax0.490.581.96
Net Worth83.4983.2082.62
Reserves and Surplus71.0570.46
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To repay, in full or in part, the identified unsecured loan availed by the company;
  2. To meet the long-term working capital requirements; and
  3. General Corporate Purposes.

Scanpoint Geomatics Rights Issue April 2024 Documents

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Company Contact Information

Scanpoint Geomatics Ltd.
D-1002-1021, 10th Floor Swati Clover
Shilaj Circle, S. P Ring Road, Thaltej
Ahmedabad – 380 059

Phone: +91 079 460 23912
Email: cs@sgligis.com
Website: http://www.sgligis.com/

Scanpoint Geomatics Rights Issue April 2024 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: scanpoint.rights2024@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Scanpoint Geomatics Rights Issue April 2024 Lead Manager(s)

Scanpoint Geomatics Rights Issue April 2024 FAQs

The Scanpoint Geomatics Rights Issue April 2024 opens on April 30, 2024, and closes on May 8, 2024.

Scanpoint Geomatics Rights Issue April 2024 Schedule

Last Date for credit of Rights EntitlementsApril 29, 2024
Last Date for renunciation of Rights EntitlementsMay 2, 2024
Issue Opening DateApril 30, 2024
Issue Closing DateMay 8, 2024
Date of Allotment (on or about)May 16, 2024
Date of Credit (on or about)May 23, 2024
Date of Listing (on or about)May 27, 2024

Scanpoint Geomatics Rights Issue April 2024 price is set at ₹5 per share per equity share.

The eligible shareholders are being offered 67 Rights Equity Share(s) for every 47 fully paid-up Equity Shares held on Record Date (April 19, 2024).

The record date for the Scanpoint Geomatics Rights Issue April 2024 is April 19, 2024.

The issue size of Scanpoint Geomatics Rights Issue April 2024 is of 98,800,000 equity shares at ₹5 per share aggregating upto ₹49.40 Crores.

The Letter of Offer for Scanpoint Geomatics Rights Issue April 2024 can be download here.

You can apply for Scanpoint Geomatics Rights Issue April 2024 in two ways:

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

Steps to apply for Scanpoint Geomatics Rights Issue April 2024 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 Scanpoint Geomatics Rights Issue April 2024 available on the list.
  4. Click the Apply button next to the Scanpoint Geomatics Rights Issue April 2024.
  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 Scanpoint Geomatics Rights Issue April 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Scanpoint Geomatics Rights Issue April 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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