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Rights Issue Status: Closed [25th Jun 2024 to 9th Jul 2024]
Kshitij Polyline Limited offers Right Issue worth Rs 26.00 Cr. The subscription for this Rights Issue is opening from 25 June to 9 July 2024. The company issues entitlement of 04 Rights equity shares for every fully paid-up 05 equity shares held on the record date 18 June 2024 The face value of a share is Rs. 2 per share and the right issue price is Rs 6.4 for each share.
Stay connected with us to more about Kshitij Polyline Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.
The Issue Proceeds from the Issue will be utilized towards the following objects:
To Meet Working Capital Requirements
General corporate purposes
To meet Public Issue Expenses
| Kshitij Polyline Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 4.05 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹25.93 Cr |
| Face Value | ₹2 Per Equity Share |
| Rights Issue - Issue Price | ₹6.4 per share |
| Rights Issue Record Date | 18th Jun 2024 |
| Rights Issue Entitlement | 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The full amount of the Issue Price is payable on Application. |
| Listing At | NSE |
| BSE Code | |
| NSE Code | KSHITIJPOL |
In this section we have covered all important dates related to Kshitij Polyline Rights Issue. Dates are updated as they are announced. The most noted dates are Rights Issue start date and Rights Issue end date, which one should use to participate in Rights Issue.
| Rights Issue Activity | Date |
|---|---|
| Rights Issue Issue Open Date | 25th Jun 2024 |
| Rights Issue Issue Close Date | 9th Jul 2024 |
| Basis of Allotment Finalisation Date* | 16th Jul 2024 |
| Refunds Initiation* | 3rd Jul 2024 |
| Credit of Shares to Demat Account* | 18th Jul 2024 |
| Rights Issue Listing Date* | 22nd Jul 2024 |
* - Tentative Dates
Zerodha Trade@20
Kshitij Polyline Limited was founded in 2008 and offers a wide range of products such as polypropylene films, office files and folders, laminating products, binding films and other binding products, lanyards, card holders and much more.
The company has become a major supplier of these products to a variety of markets and applications around the world. Customers choose the company's products for their competitive prices, dimensional stability and durability. Kshitij Polyline Ltd. is committed to improving and updating its product range in line with current industry requirements. The focus is and has always been on meeting customer requirements at competitive market prices as we offer these products to numerous stationery, printing and converting markets in India and worldwide. Their products are also exported to countries like Uganda, Lebanon, Sri – Lanka, South Africa, Bhutan, Nepal, Dubai and many other countries.
Past performance and financial results of Kshitij Polyline .
Kshitij Polyline Limited's revenue increased by 10.03% and profit after tax (PAT) rose by 8.9% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 48.73 | 40.59 |
| Revenue | 34.08 | 30.97 |
| Profit After Tax | 0.45 | 0.42 |
| Net Worth | 18.87 | 18.41 |
| Total Borrowing | 21.25 | 17.27 |
| Amount in ₹ Crore | ||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Kshitij Polyline Rights Issue Offer Document (Letter of Offer) >>Document
Kshitij Polyline Rights Issue Offer Document (Letter of Offer) >>Kshitij Polyline Rights Issue Red Herring Prospectus is not yet available.
Kshitij Polyline Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Kshitij Polyline Rights Issue Online Application (Registrar & Transfer Agent) >>Kshitij Polyline Rights Issue RTA information is not yet available.
Last Updated on 2024-07-12T05:32:46+00:00
