₹41.88 Crores | Listing at BSE | Mon, Jul 3, 2023 - Wed, Jul 12, 2023
Vintage Coffee And Beverages Limited Rights Issue comprises 3.49 Cr equity shares aggregating to ₹41.88 Cr, offered at an issue price of ₹12 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Jun 19, 2023, with the Rights Issue being offered in the entitlement ratio of 1 : 2.
The term of payment is defined as following : Full amount of Rs. 12.00 per Equity Share is payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on [.]
The Rights Issue opens on Jul 3, 2023, and closes on Jul 12, 2023, with renunciation of Rights Entitlements permitted up to Jul 5, 2023.
The deemed date of allotment is Jul 14, 2023, following which the equity shares are expected to be credited to demat accounts on Jul 19, 2023 and listed at the BSE on Jul 25, 2023.
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Vintage Coffee And Beverages Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Jun 19, 2023
Entitlement Ratio
1 : 2
Open Date
Mon, Jul 3, 2023
Close Date
Wed, Jul 12, 2023
Full amount of Rs. 12.00 per Equity Share is payable on application.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-22 | 246.13 | 37.26 | -12.27 | 104.64 | 34.84 | 109.74 |
| 31-Mar-23 | 245.76 | 63.29 | 3.86 | 108.48 | 38.68 | 102.27 |
| Amount in ₹ Crore | ||||||
Incorporated in 1980, Vintage Coffee And Beverages Limited produces instant coffee products.
The company has two main products:
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.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] The company is engaged in the coffee business, which is highly competitive and there are many players including MNCs. Based on its market price, though the issue appears lucrative and appealing, well-informed/cash surplus investors may consider parking funds for long-term rewards. Read detail review...
Vintage Coffee And Beverages Limited
202, Oxford Plaza,
No.9-1-129/1,S D Road,
Secunderabad - 500003
Secunderabad, Telangana, 500003
Purva Sharegistry (India) Pvt.Ltd.
The Vintage Coffee And Beverages Rights Issue 2023 opens on Mon, Jul 3, 2023, and closes on Wed, Jul 12, 2023.
Vintage Coffee And Beverages Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Wed, Jul 5, 2023 |
| Issue Opening Date | Mon, Jul 3, 2023 |
| Issue Closing Date | Wed, Jul 12, 2023 |
| Date of Allotment (on or about) | Fri, Jul 14, 2023 |
| Date of Credit (on or about) | Wed, Jul 19, 2023 |
| Date of Listing (on or about) | Tue, Jul 25, 2023 |
You can apply for Vintage Coffee And Beverages Rights Issue 2023 in two ways:
Steps to apply for Vintage Coffee And Beverages Rights Issue 2023 using Net Banking (ASBA)
Steps to apply for Vintage Coffee And Beverages Rights Issue 2023 using Registrar's website (R-WAP)
