Veerhealth Care Rights Issue is scheduled on
Ayuveer takes pride in its knowledge of herbs and their uses, inherited from its parent company, Veerhealth Care, which has been involved in manufacturing and supplying ayurvedic medicines and oral care products for the past six years. The product portfolio includes skincare, body care, hair care, fragrances, healthcare, oral care, gifting, combos, and accessories products.
The company engages in over-the-counter and ethical marketing in Maharashtra and Gujarat. Additionally, it is a registered member of various online portals to generate leads. Veerhealth Care manufactures and exports oil, shampoo, ointment, and toothpaste. Moreover, it has increased its focus on third-party manufacturing contracts and introduced new products in line with market trends.
The company is ISO 9001:2015 certified for its operations in manufacturing and supplying ayurvedic and cosmetic products.
Promoters of Veerhealth Care –
Table of Contents
Veerhealth Care Rights Issue Details
| Veerhealth Care Rights Issue Date | Coming soon |
| Veerhealth Care Rights Issue Price | INR 25 per share |
| Issue Size (in Shares) | 99,99,238 shares |
| Issue Size (in INR) | INR 25 crore |
| Issue Entitlement | 1 equity shares for every 2 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Veerhealth Care Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE |
Veerhealth Care Rights Issue Calculation
| Veerhealth Care Rights Issue Price | INR 25 per share |
| Market Price on Rights Issue Approval | INR 22.51 per share |
| Dilution Factor (X) | 1.50 |
| Fair Value After Dilution at Prevailing Price | INR 23.34 per share |
Veerhealth Care Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 17.57 | 482.06 | 574.73 |
| Expenses | 442.02 | 397.45 | 540.53 |
| Operating Margin (%) | (2134.09) | 28.13 | 13.71 |
| Net Income | (407.88) | 127.40 | 6.23 |
| ROCE (%) | (207.16) | 89.73 | 20.21 |
Veerhealth Care Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
Veerhealth Care Rights Offer Documents
- Veerhealth Care Rights Issue Application Form
- Veerhealth Care Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Veerhealth Care Rights Issue Dates
| Rights Issue Approval Date | 20 February 2024 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Veerhealth Care Rights Offer Lead Manager
Coming soon
Veerhealth Care Rights Offer Registrar
Coming soon
Veerhealth Care Issue Contact Details
VEERHEALTH CARE LIMITED
629-A Gazdar House, Ist Floor, Near Kalbadevi Post Office,
J.S.S. Marg, Mumbai- 400 002, Maharashtra
Phone:Â (022) 22018582
Email:Â [email protected]
Website: www.veerhealthcare.net
Veerhealth Care Rights Offer FAQs
What is the Veerhealth Care Rights Issue Price?
The issue price is INR 25 per share.
What is the Veerhealth Care Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 2 Equity Shares held on the record date.
What is the Veerhealth Care Rights Issue Record Date?
The Record date is Coming soon.
How to Apply in Veerhealth Care Rights Offer?
The best way to apply in the Veerhealth Care 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.
