Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Rights Issue Status: Closed [19th Aug 2024 to 2nd Sep 2024]
Vishvprabha Ventures Limited is offering a rights issue of Rs 4.49 Cr. The subscription for this Rights Issue is opening from 19 Aug 2024 to 02 Sep 2024. The company issues entitlement of 09 Rights equity shares for every fully paid-up 11 equity share held on the record date of 07 Aug 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 32 per share.
Stay connected with us to more about Vishvprabha Ventures Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
The company intends to utilise the net proceeds from the Issue (the "Net Proceeds") towards funding the following objects:
| Vishvprabha Ventures Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 0.14 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹4.49 Cr |
| Face Value | ₹10 Per Equity Share |
| Rights Issue - Issue Price | ₹32 per share |
| Rights Issue Record Date | 7th Aug 2024 |
| Rights Issue Entitlement | 9 Rights Equity Share(s) for every 11 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | Entire Amount to be Paid on Application. |
| Listing At | BSE |
| BSE Code | 512064 |
| NSE Code |
In this section we have covered all important dates related to Vishvprabha Ventures 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 | 19th Aug 2024 |
| Rights Issue Issue Close Date | 2nd Sep 2024 |
| Basis of Allotment Finalisation Date* | 11th Sep 2024 |
| Refunds Initiation* | 27th Aug 2024 |
| Credit of Shares to Demat Account* | 16th Sep 2024 |
| Rights Issue Listing Date* | 18th Sep 2024 |
* - Tentative Dates
Zerodha Trade@20
Vishvprabha Ventures Limited was incorporated in January 1985. Presently, the company is engaged as a contractor and sub-contractor for undertaking various construction activities in Dombivili, Thane area. The company is looking to expand its construction projects from the local city to other cities and states.
The company is engaged as a contractor and sub-contractor for various projects that include construction of commercial and industrial buildings.
Civil construction projects that include structures such as the following
They have experience in various aspects of projects such as site selection, development, design, project management and sales and marketing. The focus is on residential projects which include construction of housing estates, redevelopments etc., mainly in the affordable segment. To date, the company has completed 1 residential project.
Past performance and financial results of Vishvprabha Ventures .
Vishvprabha Ventures Ltd's revenue increased by 216.3% and profit after tax (PAT) dropped by -289.68% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 25.25 | 12.20 | 7.13 |
| Revenue | 5.96 | 1.88 | 2.70 |
| Profit After Tax | -0.27 | -0.07 | -0.44 |
| Net Worth | 3.86 | 4.13 | |
| Total Borrowing | 17.10 | 6.79 | |
| Amount in ₹ Crore | |||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Vishvprabha Ventures Rights Issue Offer Document (Letter of Offer) >>Document
Vishvprabha Ventures Rights Issue Offer Document (Letter of Offer) >>Vishvprabha Ventures Rights Issue Red Herring Prospectus is not yet available.
Vishvprabha Ventures Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Vishvprabha Ventures Rights Issue Online Application (Registrar & Transfer Agent) >>Vishvprabha Ventures Rights Issue RTA information is not yet available.
Last Updated on 2024-09-05T05:32:48+00:00
