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Vintage Coffee And Beverages Limited Rights Issue (Vintage Coffee And Beverages Rights Issue 2023) Detail

July 3, 2023 - July 12, 2023
Vintage Coffee And Beverages Limited Logo

Incorporated in 1980, Vintage Coffee And Beverages Limited produces instant coffee products.

The company has two main products:

  1. Spray Dried Instant Coffee
  2. Agglomerated Instant Coffee

Spray Dried Instant Coffee is produced by roasting green coffee beans. The aroma that has been evaporated because of high temperature is separated and captured separately and the captured aroma is added back on later. Spray-dried coffee is finely ground and steam fused to bind the fine-ground instant coffees into granules. It is a more soluble and attractive form of Instant coffee.

Agglomerated Instant Coffee is coffee to which, after being dried, the powder is added, and then an additional steam belt or steam curtain process is applied, which causes the particles to bind together, thus forming granules.

Vintage Coffee And Beverages products come in Tins, Pouches, Sachets, and Bulk boxes.

Vintage Coffee And Beverages Rights Issue 2023 Detail

Issue Open July 3, 2023 - July 12, 2023
Security Name Vintage Coffee And Beverages Limited
Issue Size (Shares) 34,901,136
Issue Size (Amount) ₹41.88 Crores
Issue Price ₹12 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

Full amount of Rs. 12.00 per Equity Share is payable on application.

Entitlement 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date

Vintage Coffee And Beverages Rights Issue 2023 Issue Timetable

Last Date to buy sharesJune 16, 2023
Record Date June 19, 2023
Credit of Rights Entitlements
Bid/Offer Opens On July 3, 2023
Renunciation of Rights Entitlements July 5, 2023
Bid/Offer Closes On July 12, 2023
Deemed Date of Allotment July 14, 2023
Credit Date July 19, 2023
Listing Date July 25, 2023

Company Financials

Vintage Coffee And Beverages Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-22246.1337.26-12.27104.6434.84109.74
31-Mar-23245.7663.293.86108.4838.68102.27
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 finance Working Capital Requirements,
  2. To invest in Delecto Foods Private Limited, a Wholly Owned Subsidiary Company to finance its Working Capital Requirements.
  3. To make acquisitions of businesses in similar or complementary spaces,
  4. To meet General corporate purposes, and
  5. To meet the expenses of the Issue.

Vintage Coffee And Beverages Rights Issue 2023 Documents

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Company Contact Information

Vintage Coffee And Beverages Limited
202, Oxford Plaza,
No.9-1-129/1,S D Road,
Secunderabad - 500003

Phone: +91 040 40266650
Email: mdo@vintagecoffee.in
Website: http://www.vintagecoffee.in/index.html

Vintage Coffee And Beverages Rights Issue 2023 Registrar

  1. Purva Sharegistry India Pvt Ltd
    Phone: +91-022-23018261/ 23016761
    Email: support@purvashare.com
    Website: https://www.purvashare.com/investor-service/ipo-query

Vintage Coffee And Beverages Rights Issue 2023 Lead Manager(s)

Vintage Coffee And Beverages Rights Issue 2023 FAQs

The Vintage Coffee And Beverages Rights Issue 2023 opens on July 3, 2023, and closes on July 12, 2023.

Vintage Coffee And Beverages Rights Issue 2023 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsJuly 5, 2023
Issue Opening DateJuly 3, 2023
Issue Closing DateJuly 12, 2023
Date of Allotment (on or about)July 14, 2023
Date of Credit (on or about)July 19, 2023
Date of Listing (on or about)July 25, 2023

Vintage Coffee And Beverages Rights Issue 2023 price is set at ₹12 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (June 19, 2023).

The record date for the Vintage Coffee And Beverages Rights Issue 2023 is June 19, 2023.

The issue size of Vintage Coffee And Beverages Rights Issue 2023 is of 34,901,136 equity shares at ₹12 per share aggregating upto ₹41.88 Crores.

The Letter of Offer for Vintage Coffee And Beverages Rights Issue 2023 can be download here.

You can apply for Vintage Coffee And Beverages Rights Issue 2023 in two ways:

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

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

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

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