Vikas Ecotech Limited Rights Issue (Vikas Ecotech Rights Issue) Detail

Jun 15, 2021 - Jun 29, 2021
Vikas Ecotech Limited Logo

Vikas Ecotech Limited is an ISO-certified company engaged in the manufacture of Specialty Chemicals Additives and Specialty rubber-plastic and polymer Compound with manufacturing facilities located at Shahjahanpur (Rajasthan) and Noida SEZ (Uttar Pradesh).
The company products cater to various industries such as agriculture and infrastructure, packaging, organic and inorganic chemicals, electrical, FMCG, footwear, pharmaceuticals, automotive, medical devices and components, and other consumer goods in the domestic and global markets. The company is recognized with two-star house by the office of the Additional Director General of Foreign Trade.

Vikas Ecotech Rights Issue Detail

Issue Open Jun 15, 2021 - Jun 29, 2021
Security Name Vikas Ecotech Limited
Issue Size (Shares) 36.39 Crores
Issue Size (Amount) ₹49.12 Crores
Issue Price ₹1.35 per share
Face Value ₹1 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE, NSE
Terms of Payment The full amount of Rs.1.35 per Rights Equity Share is payable on Application.
Entitlement 13 Equity Share for every 10 Fully paid up Equity Shares held on the Record Date

Vikas Ecotech Rights Issue Issue Timetable

Bid/Offer Opens On Jun 15, 2021
Bid/Offer Closes On Jun 29, 2021
Record Date Jun 10, 2021
Deemed Date of Allotment Jul 5, 2021
Renunciation of Rights Entitlements Jun 23, 2021

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19
Total Assets 3,451.26 3,912.43
Total Revenue 1,991.96 2,592.44
Profit After Tax 10.18 150.05

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards the below objects: 1. Meeting Working Capital Requirements; 2. Adjustment of Unsecured Loans against the Entitlement of the Promoters; 3. Partial repayment of Loans availed by the Company; and 4. General Corporate Purposes.

Vikas Ecotech Rights Issue Documents

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Company Contact Information

Vikas Ecotech Limited
34/1 Vikas Apartments,
East Punjabi Bagh,
Delhi - 110026

Phone: +91-11-43144444

Vikas Ecotech Rights Issue Registrar

  1. Alankit Assignments Ltd
    Phone: (011) 4254 1234

Vikas Ecotech Rights Issue Lead Manager(s)


1. iRFAN kHAN  
Share is trading at 2.24 with UC, what is the harm in applying for RE @ 1.35
* I have 3000 share of it @2 & 4900RE credited to my DP ac