Vishvprabha Ventures Limited Rights Issue (Vishvprabha Ventures Rights Issue) Detail

Dec 29, 2021 - Jan 27, 2022
Vishvprabha Ventures Limited Logo

Incorporated in 1985, Vishvprabha Ventures is engaged in contracting and sub-contracting for various projects which includes the construction of commercial structures and industrial structures. The company provides services to all the major business segments including Airports, Railways, Earthworks, etc.
VVL through its subsidiary is now also looking to expand into the business of food processing mainly through its subsidiary Vishvprabha Foods Pvt Ltd. The company is looking forward to building all the infra-related assets in its subsidiary Vishvprabha Buildcon Pvt. Ltd which will be renting all the assets to its parent company as well as outsiders.

Vishvprabha Ventures Rights Issue Detail

Issue Open Dec 29, 2021 - Jan 27, 2022
Security Name Vishvprabha Ventures Limited
Issue Size (Shares) 1,470,000
Issue Size (Amount) ₹4.41 Crores
Issue Price ₹30 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment Full amount of Rs 30 per equity share shall be payable on application.
Entitlement 6 rights equity share for every 1 fully paid-up equity shares held on the record date

Vishvprabha Ventures Rights Issue Issue Timetable

Record Date Dec 2, 2021
Credit of Rights Entitlements Dec 28, 2021
Bid/Offer Opens On Dec 29, 2021
Renunciation of Rights Entitlements Jan 20, 2022
Bid/Offer Closes On Jan 27, 2022
Deemed Date of Allotment Feb 7, 2022
Credit Date Feb 8, 2022
Listing Date Feb 10, 2021

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended ( Millions)
  30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 63.77 55.37 31.73 9.87
Total Income 3.13 8.04 21.02 11.86
Profit After Tax 0.36 0.66 0.89 - 0.008

Objects of the Issue:

  • Repayment of unsecured promoter loan (by way of adjustment against right issue subscription by the promoter)
  • General corporate purposes

Vishvprabha Ventures Rights Issue Documents

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Company Contact Information

Vishvprabha Ventures Limited
Ground Floor, Avighna Heights,
Survey No. 45-4B Behind Sarvoday Park,
Nandivali Rd, Dombivli, Maharashtra 421201


Vishvprabha Ventures Rights Issue Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270

Vishvprabha Ventures Rights Issue Lead Manager(s)

Vishvprabha Ventures Rights Issue FAQs

The Vishvprabha Ventures Rights Issue opens on Dec 29, 2021, and closes on Jan 27, 2022.

Vishvprabha Ventures Rights Issue Schedule

Last Date for credit of Rights EntitlementsDec 28, 2021
Last Date for renunciation of Rights EntitlementsJan 20, 2022
Issue Opening DateDec 29, 2021
Issue Closing DateJan 27, 2022
Date of Allotment (on or about)Feb 7, 2022
Date of Credit (on or about)Feb 8, 2022
Date of Listing (on or about)Feb 10, 2021

Vishvprabha Ventures Rights Issue price is set at ₹30 per share per equity share.

The eligible shareholders are being offered 6 rights equity share for every 1 fully paid-up equity shares held on the record date (Dec 2, 2021).

The record date for the Vishvprabha Ventures Rights Issue is Dec 2, 2021.

The issue size of Vishvprabha Ventures Rights Issue is of 1,470,000 equity shares at ₹30 per share aggregating upto ₹4.41 Crores.

The Letter of Offer for Vishvprabha Ventures Rights Issue can be download here.

You can apply for Vishvprabha Ventures Rights Issue in two ways:

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

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

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