Vistar Amar Rights Issue dates are 13 – 20 December 2024.
Vistar Amar specializes in processing fish and related products. The company uses a fully mechanized process to produce sterilized fishmeal from fish and fish waste. This fishmeal, with a protein content of 30% to 50%, is in high demand as feed for poultry farms and as manure in the agricultural industry.
Fish by-products have historically been used as feed for poultry, pigs, and other farmed animals. A reference to an early form of fishmeal appears in The Travels of Marco Polo in the 14th century, describing how cattle, cows, sheep, camels, and horses were fed dried fish, which they consumed willingly. The company manufactures and supplies fish meal powder, a key ingredient in aqua feed for fish and shrimp, poultry feed for broilers and layers, and pet food for dogs and cats. The products are sold domestically.
Promoters of Vistar Amar – RBP Holdings Private Limited
Table of Contents
Vistar Amar Rights Issue Details
| Vistar Amar Rights Issue Date | 13 – 20 December 2024 |
| Vistar Amar Rights Issue Price | INR 117 per share |
| Issue Size (in Shares) | 25,60,000 shares |
| Issue Size (in INR) | INR 29.95 crore |
| Issue Entitlement | 4 equity shares for every 5 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Vistar Amar Rights Issue Record Date | 6 December 2024 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Vistar Amar Rights Issue Calculation
| Vistar Amar Rights Issue Price | INR 117 per share |
| Market Price on Rights Issue Approval | INR 154.75 per share |
| Dilution Factor (X) | 1.8 |
| Fair Value After Dilution at Prevailing Price | INR 137.39 per share |
Vistar Amar Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 55.95 | 64.17 | 74.09 |
| Expenses | 51.07 | 59.49 | 68.71 |
| Operating Margin (%) | 8.72 | 7.29 | 7.26 |
| Net Income | 3.33 | 3.17 | 3.71 |
| ROCE (%) | 54.14 | 36.67 | 33.34 |
Vistar Amar Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To acquire the Amar sterilized Fish Meal (Unit of Amar Polyfils Private Limited)
- To set up a new unit at Mangrol, Gujarat
- To meet the working capital requirements of the company
- General corporate purposes
Vistar Amar Rights Offer Documents
- Vistar Amar Rights Issue Application Form
- Vistar Amar Letter of Offer
- Board Meeting Outcome
- Vistar Amar Draft Letter of Offer
- Rights Issue in 2024
Vistar Amar Rights Issue Dates
| Rights Issue Approval Date | 2 December 2024 |
| Rights Issue Record Date | 6 December 2024 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 13 December 2024 |
| Last Date for Market Renunciation | 17 December 2024 |
| Rights Issue Closing Date | 20 December 2024 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Vistar Amar Rights Offer Lead Manager
MARK CORPORATE ADVISORS PRIVATE LIMITED
404/1, The Summit Business Bay, Sant Janabai Road (Service Lane),
Off W. E. Highway, Vile Parle (East), Mumbai-400 057. Maharashtra
Phone: +91 22 2612 3207/08
Email: [email protected]
Website: www.markcorporateadvisors.com
Vistar Amar Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
Unit no. 9, Shiv Shakti Ind. Estt. J. R. Boricha Marg,
Lower Parel (E) Mumbai 400 011
Phone: +91 22 4961 4132 / 4970 0138
Email: [email protected]
Website: www.purvashare.com
Vistar Amar Contact Details
VISTAR AMAR LIMITED
Survey No: 1943, “Mangalkunj”, Railway Station Road,
Opp Balashram, Porbandar, Gujarat – 360 575
Phone: + 91 87802 29519 / +91 97231 02201
Email: [email protected]
Website: www.vistaramar.com
Vistar Amar Rights Offer FAQs
What is the Vistar Amar Rights Issue Price?
The issue price is INR 117 per share.
What is the Vistar Amar Rights Issue entitlement ratio?
The eligible shareholders are offered 4 Equity Shares for every 5 Equity Shares held on the record date.
What is the Vistar Amar Rights Issue Record Date?
The Record date is 6 December 2024.
How to Apply in Vistar Amar Rights Offer?
The best way to apply in Vistar Amar 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.
