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Bandaram Pharma Packtech Limited Rights Issue (Bandaram Pharma Packtech Rights Issue 2023) Detail

July 12, 2023 - July 20, 2023
Bandaram Pharma Packtech Limited Logo

Incorporated in 1991, Bandaram Pharma Packtech Limited delivers its offerings in the paper industry. The company engages in the processing and supply of recycled paper.

The company supplies various categories of recycled paper, both imported and indigenous, to small as well as medium-sized paper mills. These supplies are primarily made in the East & West Godavari Districts of Andhra Pradesh.

Bandaram Pharma Packtech Ltd has firmly established itself as a reputable supplier and has entered into long-term supply contracts with several manufacturers of recycled paper.

Bandaram Pharma Packtech Rights Issue 2023 Detail

Issue Open July 12, 2023 - July 20, 2023
Security Name Bandaram Pharma Packtech Limited
Issue Size (Shares) 9,000,000
Issue Size (Amount) ₹9.00 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The Full amount of Rs. 10/- for rights equity shares will be payable on application.

Entitlement 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

Bandaram Pharma Packtech Rights Issue 2023 Issue Timetable

Last Date to buy sharesJune 28, 2023
Record Date June 30, 2023
Credit of Rights Entitlements
Bid/Offer Opens On July 12, 2023
Renunciation of Rights Entitlements July 17, 2023
Bid/Offer Closes On July 20, 2023
Deemed Date of Allotment July 26, 2023
Credit Date July 31, 2023
Listing Date August 3, 2023

Company Financials

Bandaram Pharma Packtech Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-223.00-0.01
31-Mar-2320.1718.920.26
Amount in ₹ Crore

Objects of the Issue:

The company proposes to utilize the net proceeds from the issue towards funding the following objects:

  1. Conversion of unsecured loans availed by our Company from the Promoters;
  2. Investment in our Subsidiary, "VSR Paper & Packaging Limited" for augmentation of funding requirements for its business activities.
  3. Acquisition of Companies to achieve inorganic growth.
  4. General Corporate Purposes

Bandaram Pharma Packtech Rights Issue 2023 Documents

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Company Contact Information

Bandaram Pharma Packtech Limited
601, 5th Floor, Oxford Towers,
Opp to Leela Palace Hotel, Old Airport Road,
Kodihalli, Bengaluru - 560008

Phone: +91 98865 31601
Email: infoshivamedicare@gmail.com
Website: http://www.bandaram.com/

Bandaram Pharma Packtech Rights Issue 2023 Registrar

  1. Cameo Corporate Services Limited
    Phone: +91-44-28460390
    Email: priya@cameoindia.com
    Website: https://ipo.cameoindia.com/

Bandaram Pharma Packtech Rights Issue 2023 Lead Manager(s)

Bandaram Pharma Packtech Rights Issue 2023 FAQs

The Bandaram Pharma Packtech Rights Issue 2023 opens on July 12, 2023, and closes on July 20, 2023.

Bandaram Pharma Packtech Rights Issue 2023 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsJuly 17, 2023
Issue Opening DateJuly 12, 2023
Issue Closing DateJuly 20, 2023
Date of Allotment (on or about)July 26, 2023
Date of Credit (on or about)July 31, 2023
Date of Listing (on or about)August 3, 2023

Bandaram Pharma Packtech Rights Issue 2023 price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (June 30, 2023).

The record date for the Bandaram Pharma Packtech Rights Issue 2023 is June 30, 2023.

The issue size of Bandaram Pharma Packtech Rights Issue 2023 is of 9,000,000 equity shares at ₹10 per share aggregating upto ₹9.00 Crores.

The Letter of Offer for Bandaram Pharma Packtech Rights Issue 2023 can be download here.

You can apply for Bandaram Pharma Packtech Rights Issue 2023 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Bandaram Pharma Packtech Rights Issue 2023 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Bandaram Pharma Packtech Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Bandaram Pharma Packtech Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Bandaram Pharma Packtech Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Bandaram Pharma Packtech Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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