₹4.41 Crores | Listing at BSE | Wed, Dec 29, 2021 - Thu, Jan 27, 2022
Vishvprabha Ventures Limited Rights Issue comprises 0.1470 Cr equity shares aggregating to ₹4.41 Cr, offered at an issue price of ₹30 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Dec 2, 2021.
As per the terms of payment, ₹30 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 28, 2021.
The Rights Issue opens on Dec 29, 2021, and closes on Jan 27, 2022, with renunciation of Rights Entitlements permitted up to Jan 20, 2022.
The deemed date of allotment is Feb 7, 2022, following which the equity shares are expected to be credited to demat accounts on Feb 8, 2022 and listed on the BSE on Feb 10, 2021.
Fedex Securities Pvt.Ltd. is the Lead Manager to the issue and MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Vishvprabha Ventures Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Dec 2, 2021
Entitlement Ratio
:
Open Date
Wed, Dec 29, 2021
Close Date
Thu, Jan 27, 2022
| Particulars | For the year/period ended (Rs.in 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 |
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.
[Dilip Davda] The counter is well operated since the planning of RI. This is the best example of market rigging on the counter with a very low equity base and closely held company. Its financial data is not in line with its asking price as well as current ongoing quotes. It will use Rs. 3 cr. from the RI proceeds for promoter’s loan adjustment only which is not productive for new investors. There is no harm in ignoring this RI. Read detail review...
Vishvprabha Ventures Limited
Ground Floor, Avighna Heights,
Survey No. 45-4B Behind Sarvoday Park,
Nandivali Rd, Dombivli, Maharashtra 421201
Dombivli, Maharashtra, 421201
The Vishvprabha Ventures Rights Issue opens on Wed, Dec 29, 2021, and closes on Thu, Jan 27, 2022.
Vishvprabha Ventures Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Tue, Dec 28, 2021 |
| Last Date for renunciation of Rights Entitlements | Thu, Jan 20, 2022 |
| Issue Opening Date | Wed, Dec 29, 2021 |
| Issue Closing Date | Thu, Jan 27, 2022 |
| Date of Allotment (on or about) | Mon, Feb 7, 2022 |
| Date of Credit (on or about) | Tue, Feb 8, 2022 |
| Date of Listing (on or about) | Wed, Feb 10, 2021 |
You can apply for Vishvprabha Ventures Rights Issue in two ways:
Steps to apply for Vishvprabha Ventures Rights Issue using Net Banking (ASBA)
Steps to apply for Vishvprabha Ventures Rights Issue using Registrar's website (R-WAP)
