Loading...

Vaxfab Enterprises Limited Rights Issue (Vaxfab Enterprises Rights Issue 2023) Detail

Jan 18, 2023 - Feb 10, 2023
Vaxfab Enterprises Limited Logo

Incorporated in 1983, Vaxfab Enterprises Limited undertakes multiple types of business operations. These include manufacturing, export & import, trading, buying, selling, dealing, and distribution of domestic electrical and audio-visual appliances.

The operations mainly revolve around air conditioners, refrigerators, radios, television, electrical fans, electrical fittings. They are not limited to this, further, they also engage in the manufacturing of music systems including music players, computer-operated music systems, mixers, grinders, ovens, electrical cooking ranges, flour machinery, cloth, dishwashing machines, and any other electronic appliances.

In the channel of distribution, Vaxfab Enterprises deals as a wholesaler as well as a retailer, and primarily sell its produce in India.

The securities of Vaxfab Enterprises Limited are listed on the Bombay Stock Exchange (BSE).

The total assets of the company as of 31st March 2022 stood at Rs. 315.35 lakhs, and for the previous year, the value was Rs. 321.22 lakhs respectively.

Vaxfab Enterprises Rights Issue 2023 Detail

Issue Open Jan 18, 2023 - Feb 10, 2023
Security Name Vaxfab Enterprises Limited
Issue Size (Shares) 7,200,000
Issue Size (Amount) ₹12.96 Crores
Issue Price ₹18 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The aggregate amount of Rs. 18 is to be payable at the time of Application.

Entitlement 6 RIGHTS EQUITY SHARES FOR EVERY 1 FULLY PAID-UP EQUITY SHARES

Vaxfab Enterprises Rights Issue 2023 Issue Timetable

Record Date Jan 3, 2023
Credit of Rights Entitlements Jan 13, 2023
Bid/Offer Opens On Jan 18, 2023
Renunciation of Rights Entitlements Feb 6, 2023
Bid/Offer Closes On Feb 10, 2023
Deemed Date of Allotment Feb 9, 2023
Credit Date Feb 13, 2023
Listing Date Feb 16, 2023

Company Financials

Vaxfab Enterprises Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-213.211.2-0.013.120.07
31-Mar-223.150.3703.120.02
Amount in ₹ Crore

Objects of the Issue:

The Company intends to utilize the proceeds of the Issue towards the following objects:

  1. To meet Working Capital requirement of the Company;
  2. General corporate purposes.

Vaxfab Enterprises Rights Issue 2023 Documents

Vaxfab Enterprises Rights Issue 2023 Rating

0
0.0
Rating:Rated 0.0 stars
Vote Here ...

Vaxfab Enterprises Rights Issue 2023 Reviews

Company Contact Information

Vaxfab Enterprises Limited
Survey No. 229, Paiki, Plot No. 3,
Nr Gandhi Estate, B/h Ashopalav Hotel, Narol,
Ahmedabad, Gujarat 382405

Phone: 9727170232
Email: vaxfabenterprisesltd@gmail.com
Website: http://vaxfabenterprisesltd.in/

Vaxfab Enterprises Rights Issue 2023 Registrar

  1. Cameo Corporate Services Limited
    Phone: +91-44-28460390
    Email: priya@cameoindia.com
    Website: https://ipo.cameoindia.com/

Vaxfab Enterprises Rights Issue 2023 Lead Manager(s)

Vaxfab Enterprises Rights Issue 2023 FAQs

The Vaxfab Enterprises Rights Issue 2023 opens on Jan 18, 2023, and closes on Feb 10, 2023.

Vaxfab Enterprises Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsJan 13, 2023
Last Date for renunciation of Rights EntitlementsFeb 6, 2023
Issue Opening DateJan 18, 2023
Issue Closing DateFeb 10, 2023
Date of Allotment (on or about)Feb 9, 2023
Date of Credit (on or about)Feb 13, 2023
Date of Listing (on or about)Feb 16, 2023

Vaxfab Enterprises Rights Issue 2023 price is set at ₹18 per share per equity share.

The eligible shareholders are being offered 6 RIGHTS EQUITY SHARES FOR EVERY 1 FULLY PAID-UP EQUITY SHARES (Jan 3, 2023).

The record date for the Vaxfab Enterprises Rights Issue 2023 is Jan 3, 2023.

The issue size of Vaxfab Enterprises Rights Issue 2023 is of 7,200,000 equity shares at ₹18 per share aggregating upto ₹12.96 Crores.

The Letter of Offer for Vaxfab Enterprises Rights Issue 2023 can be download here.

You can apply for Vaxfab Enterprises Rights Issue 2023 in two ways:

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

Steps to apply for Vaxfab Enterprises Rights Issue 2023 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 Vaxfab Enterprises Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Vaxfab Enterprises Rights Issue 2023.
  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 Vaxfab Enterprises Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Vaxfab Enterprises Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

Comments

Add a public comment...