Chittorgarh.com Logo
Loading...

Vidli Restaurants Limited Rights Issue (Vidli Restaurants Rights Issue) Detail

Feb 2, 2022 - Feb 16, 2022
Vidli Restaurants Limited Logo

Vidli is engaged in the business of hospitality, food products, and allied activities. The primary business of the company is to grant franchisees under trademarks.

As of March 31, 2021, there were 35 franchisee outlets of the company under the trademark "Vithal Kamats/ Kamats", 2 franchise outlets under the trademark "Urban Dhaba - The Rich Taste of Punjab', 1 under the trademark "Pepper Fry Veg Multi-Cuisine Kitchen - By Kamtas" and 1 outlet under "Waah Malvan" brand. The company also has a cloud kitchen under the brand name "Multi Brand Cloud Kitchen" for delivery and takeaway foods.

The Company also has a venture in the production of ready-to-eat food products, a variety of namkeens which include mini bhakarvadi, methi gathiya, kabuli chana, thikha boondi, etc.

Vidli Restaurants Rights Issue Detail

Issue Open Feb 2, 2022 - Feb 16, 2022
Security Name Vidli Restaurants Limited
Issue Size (Shares) 0.65 Crores
Issue Size (Amount) ₹6.50 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE
Terms of Payment Rs 5.00 at the time of Application and the rest Rs 5.00 on one or more subsequent call(s) as determined by the board at its sole discretion. from time to time.
Entitlement 3 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date.

Vidli Restaurants Rights Issue Issue Timetable

Bid/Offer Opens On Feb 2, 2022
Bid/Offer Closes On Feb 16, 2022
Record Date Jan 21, 2022
Deemed Date of Allotment Mar 3, 2022
Renunciation of Rights Entitlements Feb 10, 2022

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20
Total Assets 85.66 86.54
Total Revenue 30.23 49.17
Profit After Tax 0.49 1.63

Objects of the Issue:

  • To acquire 84.01% of the equity and voting share capital of Vitizen Hotels Limited;
  • Towards working capital requirements;
  • To meet Issue related expenses;
  • General Corporate Purposes.

Vidli Restaurants Rights Issue Documents

Vidli Restaurants Rights Issue Rating

3
2.7
Rating:Rated 2.7 stars
Vote Here ...

Vidli Restaurants Rights Issue Reviews

Company Contact Information

Vidli Restaurants Limited
D-09, Eastern Business District,
LBS Road Bhandup West,
Mumbai 400 078, Maharashtra, India

Phone: 7400058768
Email: cs@kamatsindia.com
Website: http://www.kamatsindia.com/

Vidli Restaurants Rights Issue Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: investor@bigshareonline.com
    Website: http://www.bigshareonline.com

Vidli Restaurants Rights Issue Lead Manager(s)


2 Comments

2. veenit bhayana  
I have 1500 Partly paid shares of Vidli which i bought in rights. When i try to trade the shares now it says minimum lot is 2500. any one knows how can i trade my 1500 shares. kindly advise.
1. Kishor tunge  
Vidli restaurants ka right issue ka abhi tak allotment nahi hua hai kya mera allotment or non allotment hua hai ye mail aaya nahi hai aur mera account mein payment block hua hai please confirm the allotment date