Kati Patang Lifestyle Rights Issue dates 17 July – 1 August 2025.
Incorporated in 1998, Kati Patang Lifestyle—formerly known as VirtualSoft Systems—operates in the alcoholic spirits industry and adjacent lifestyle segments. The company produces and markets its flagship “Kati Patang” beers, which stand out for their unique infusions of Indian ingredients such as saffron, turmeric, ginger, and peppercorns. This distinct approach positions the brand within the emerging niche of artisanal, Indian-inspired craft brews.
Following its strategic realignment, the company has diversified into lifestyle segments beyond brewing, including hospitality, premium experiential events, and direct-to-consumer food and beverage ventures. Despite these initiatives, the company remains in an early growth phase. Its trailing twelve-month revenue stands at approximately INR 10.9 crore, while it has yet to reach profitability, reporting a negative earnings per share of around INR –1.94 and operating margins close to –50%.
On 11 February 2025, the company, through its UK-based subsidiary, acquired a 23% stake in Chadkp Holdings as part of its strategic expansion into the UK market.
Promoters of Kati Patang Lifestyle – Mr. Gokul Naresh Tandan
Table of Contents
Kati Patang Lifestyle Rights Issue Details
| Kati Patang Lifestyle Rights Issue Date | 17 July – 1 August 2025 |
| Kati Patang Lifestyle Rights Issue Price | INR 20 per share |
| Issue Size (in Shares) | 1,02,56,651 shares |
| Issue Size (in INR) | INR 20.51 crore |
| Issue Entitlement | 2 equity shares for every 7 equity shares held on the record date |
| Terms of Payment | INR 10 on application, INR 10 on first & final call |
| Kati Patang Lifestyle Rights Issue Record Date | 10 July 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Kati Patang Lifestyle Rights Issue Calculation
| Kati Patang Lifestyle Rights Issue Price | INR 20 per share |
| Market Price on Rights Issue Approval | INR 29.22 per share |
| Dilution Factor (X) | 1.29 |
| Fair Value After Dilution at Prevailing Price | INR 22.75 per share |
Kati Patang Lifestyle Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 3.59 | 5.12 | 10.92 |
| Expenses | 7.52 | 7.27 | 16.61 |
| OPM (%) | (109.47) | (41.99) | (52.11) |
| Net Income | (4.15) | (2.40) | (3.28) |
| ROCE (%) | (22.25) | (12.24) | (20.77) |
Kati Patang Lifestyle Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Investment in its Subsidiary, Empyrean Spirits (“ESPL”), for funding its working capital requirements
- Funding of unidentified acquisitions and investments, along with general corporate purposes
Kati Patang Lifestyle Rights Offer Documents
- Kati Patang Lifestyle Rights Issue Application Form
- Kati Patang Lifestyle Letter of Offer
- Board Meeting Outcome
- Kati Patang Lifestyle Draft Letter of Offer
- Rights Issue in 2024
Kati Patang Lifestyle Rights Issue Dates
| Rights Issue Approval Date | 4 July 2025 |
| Rights Issue Record Date | 10 July 2025 |
| Credit of Rights Entitlement | 11 July 2025 |
| Rights Issue Opening Date | 17 July 2025 |
| Last Date for Market Renunciation | 22 July 2025 |
| Rights Issue Closing Date | 1 August 2025 |
| Finalization of Basis of Allotment | 4 August 2025 |
| Rights Allotment Date | 4 August 2025 |
| Credit Date | 5 August 2025 |
| Listing Date | 6 August 2025 |
Kati Patang Lifestyle Rights Offer Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase-II, New Delhi- 110020, India
Telephone: 011-26387281-83 / 011-41320335
Email: [email protected]
Website: www.masserv.com
Kati Patang Lifestyle Contact Details
KATI PATANG LIFESTYLE LIMITED
504, Savitri Cinema Complex, 5th Floor, Greater
Kailash-II, New Delhi – 110048, India
Phone: +91-11-42701491
Email: [email protected]
Website: www.katipatang.com
Kati Patang Lifestyle Rights Offer FAQs
What is the Kati Patang Lifestyle Rights Issue Price?
The issue price is INR 20 per share.
What is the Kati Patang Lifestyle Rights Issue entitlement ratio?
The eligible shareholders are offered 2 equity shares for every 7 equity shares held on the record date.
What is the Kati Patang Lifestyle Rights Issue Record Date?
The Record date is 10 July 2025.
How to Apply in the Kati Patang Lifestyle Rights Offer?
The best way to apply in the Kati Patang Lifestyle Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same with your broker.