Bisil Plast Rights Issue dates are 18 Mar – 11 Apr 2025.
Incorporated on 25 September 1986, Bisil Plast engages in the wholesale supply of PET bottles, jars, and related products, primarily catering to pharmaceutical, FMCG (Fast-Moving Consumer Goods), and bottling companies. Bisil Plast operates in a growing industry with the potential for expansion in the packaging sector. The demand for PET bottles and related products continues to rise due to their widespread use across various industries.
In terms of financials, Bisil Plast has a market capitalization of approximately INR 12.9 crore. The company’s financial metrics indicate a Return on Equity (ROE) and Return on Capital Employed (ROCE) of 21.4%, which suggests a reasonable level of profitability. Additionally, Bisil Plast is almost debt-free, which is a positive aspect of its financial health.
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Bisil Plast Rights Issue Details
| Bisil Plast Rights Issue Date | 18 Mar – 11 Apr 2025 |
| Bisil Plast Rights Issue Price | INR 1 per share |
| Issue Size (in Shares) | 48,62,79,000 shares |
| Issue Size (in INR) | INR 48.63 crore |
| Issue Entitlement | 9 equity shares for every 1 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Bisil Plast Rights Issue Record Date | 8 March 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Bisil Plast Rights Issue Calculation
| Bisil Plast Rights Issue Price | INR 1 per share |
| Market Price on Rights Issue Approval | INR 2.33 per share |
| Dilution Factor (X) | 10 |
| Fair Value After Dilution at Prevailing Price | INR 1.13 per share |
Bisil Plast Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 1.51 | 4.03 | 4.03 |
| Expenses | 1.49 | 3.85 | 3.80 |
| Operating Margin (%) | 1.32 | 4.47 | 5.71 |
| Net Income | 0.02 | 0.18 | 0.20 |
| ROCE (%) | 3.08 | 24.16 | 21.39 |
Bisil Plast Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet the working capital requirements of the company
- Purchase of Machinery
- To meet general corporate purposes
Bisil Plast Rights Offer Documents
- Bisil Plast Rights Issue Application Form
- Bisil Plast Letter of Offer
- Board Meeting Outcome
- Bisil Plast Draft Letter of Offer
- Rights Issue in 2024
Bisil Plast Rights Issue Dates
| Rights Issue Approval Date | 4 March 2025 |
| Rights Issue Record Date | 8 March 2025 |
| Credit of Rights Entitlement | 7 April 2025 |
| Rights Issue Opening Date | 18 March 2025 |
| Last Date for Market Renunciation | 7 April 2025 |
| Rights Issue Closing Date | 11 April 2025 |
| Finalization of Basis of Allotment | 16 April 2025 |
| Rights Allotment Date | 17 April 2025 |
| Credit Date | 22 April 2025 |
| Listing Date | 18 April 2025 |
Bisil Plast Rights Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Bisil Plast Contact Details
BISIL PLAST LIMITED
A-702, Shilp Aaron Sindhu Bhavan Road,
Bodakdev, Ahmedabad – 380059, Gujarat
Phone: 079 26588065
Email: [email protected]
Website: www.bisilplastltd.com
Bisil Plast Rights Offer FAQs
What is the Bisil Plast Rights Issue Price?
The issue price is INR 1 per share.
What is the Bisil Plast Rights Issue entitlement ratio?
The eligible shareholders are offered 9 Equity Shares for every 1 Equity Shares held on the record date.
What is the Bisil Plast Rights Issue Record Date?
The Record date is 8 March 2025.
How to Apply in Bisil Plast Rights Offer?
The best way to apply in the Bisil Plast Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.