Vipul Organics Rights Issue Dates, Price, Allotment, Entitlement

0
Vipul Organics Rights Issue

Vipul Organics Rights Issue dates 21 Mar – 2 Apr 2025.

Vipul Organics, headquartered in Mumbai, specializes in the production of dyes and chemicals. The company offers a diverse portfolio of products, including pigment powders, pigment dispersions, leather dyes, naphthols, fast color bases, and fast color salts & dyes. These products cater to a wide range of industries, such as printing ink, cosmetics, food, paper, paint, plastic, leather, and textiles. With a strong presence in both domestic and international markets, Vipul Organics serves clients across various sectors, ensuring high-quality solutions for their diverse needs.

Furthermore, Vipul Organics distinguishes itself as one of the few companies offering a comprehensive range of over 170+ certified Level 3 Pigment Dispersions for textile printing under its SunPrint brand, making it one of the leading players in the pigment category. Additionally, the company boasts a portfolio of over 100+ certified Level 3 products in Reactive Dyes, marketed under the SunActive brand.

Vipul Organics Rights Issue Record Date

Promoters of Vipul Organics – Mr. Vipul Pravinchandra Shah

Vipul Organics Rights Issue Details

Vipul Organics Rights Issue Date21 Mar – 2 Apr 2025
Vipul Organics Rights Issue PriceINR 46 per share
Issue Size (in Shares)44,37,291 shares
Issue Size (in INR)INR 20.41 crore
Issue Entitlement1 equity shares for every 3 equity shares held on record date
Terms of PaymentFully payable at the time of application
Vipul Organics Rights Issue Record Date10 March 2025
Face ValueINR 10 per share
Listing OnBSE

Vipul Organics Rights Issue Calculation

Vipul Organics Rights Issue PriceINR 46 per share
Market Price on Rights Issue ApprovalINR 191.85 per share
Dilution Factor (X)1.33
Fair Value After Dilution at Prevailing PriceINR 155.39 per share

Vipul Organics Financial Performance

 FY 2022FY 2023FY 2024
Revenue133134150
Expenses117122138
Operating Margin (%)12.09.08.0
Net Income6.981.873.33
ROCE (%)14.07.08.0
Figures in INR Crores unless specified otherwise

Vipul Organics Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • To meet capital expenditure requirements towards the construction of factory building and purchase of plant & machinery 
  • To part finance working capital requirements of the company 
  • General corporate purposes 
  • To meet the expenses of the Issue

Vipul Organics Rights Offer Documents

Vipul Organics Rights Issue Dates

Rights Issue Approval Date4 March 2025
Rights Issue Record Date10 March 2025
Credit of Rights Entitlement18 March 2025
Rights Issue Opening Date21 March 2025
Last Date for Market Renunciation26 March 2025
Rights Issue Closing Date2 April 2025
Finalization of Basis of Allotment8 April 2025
Rights Allotment Date9 April 2025
Credit Date17 April 2025
Listing Date22 April 2025

Vipul Organics Rights Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

Vipul Organics Contact Details

VIPUL ORGANICS LIMITED
B-603 A, Kaledonia, Sahar Road, off. Western Express
Highway, Andheri East, Mumbai- 400069
Phone: +91-22-66139999
Email: 
[email protected]
Website:
 www.vipulorganics.com

Vipul Organics Rights Offer FAQs

What is the Vipul Organics Rights Issue Price?

The issue price is INR 46 per share.

What is the Vipul Organics Rights Issue entitlement ratio?

The eligible shareholders are offered 1 Equity Shares for every 3 Equity Shares held on the record date.

What is the Vipul Organics Rights Issue Record Date?

The Record date is 10 March 2025.

How to Apply in Vipul Organics Rights Offer?

The best way to apply in Vipul Organics 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here