FREE Account Opening + No Clearing Fees
Loading...

Kshitij Polyline Limited Rights Issue (Kshitij Polyline Rights Issue 2024) Detail

June 25, 2024 - July 9, 2024
Kshitij Polyline Limited Logo

Incorporated in 2008, Kshitij Polyline Limited is manufacturer, supplier and exporter of stationery solution and implementation for calendar, diary, books as replacement of traditional material with new and innovative PP material.

The company product range includes laminated & PP sheet, Wiro, File and folders.

The company has developed and launched over 125 products in the file, folder, and diary range under its brand in the Indian market. Additionally, the company supplies custom-made ID cards with ribbons, as well as files and folders with client logos and information. They also provide display materials for the education, pharmaceutical, FMCG, finance, and insurance sectors.

The head office and a sales office of the company is situated in Mumbai, Maharashtra

Kshitij Polyline Rights Issue 2024 Detail

Issue Open June 25, 2024 - July 9, 2024
Security Name Kshitij Polyline Limited
Issue Size (Shares) 40,521,875
Issue Size (Amount) ₹25.93 Crores
Issue Price ₹6.4 per share
Face Value ₹2 per share
Listing At NSE
Terms of Payment

The full amount of the Issue Price is payable on Application.

Entitlement 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date

Kshitij Polyline Rights Issue 2024 Issue Timetable

Last Date to buy sharesJune 14, 2024
Record Date June 18, 2024
Credit of Rights Entitlements
Bid/Offer Opens On June 25, 2024
Renunciation of Rights Entitlements July 3, 2024
Bid/Offer Closes On July 9, 2024
Deemed Date of Allotment July 16, 2024
Credit Date July 18, 2024
Listing Date July 22, 2024

Company Financials

Kshitij Polyline Limited Financial Information (Restated Consolidated)

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 Ended31 Mar 202331 Mar 2022
Assets48.7340.59
Revenue34.0830.97
Profit After Tax0.450.42
Net Worth18.8718.41
Total Borrowing21.2517.27
Amount in ₹ Crore

Objects of the Issue:

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 Rights Issue 2024 Subscription Status

Kshitij Polyline Rights Issue 2024 is subscribed 0.01 times as on June 28, 2024 5:00:34 PM. The total bid quantity received by NSE is 480,088 shares.

Kshitij Polyline Rights Issue 2024 Documents

Kshitij Polyline Rights Issue 2024 Rating

9
4.3
Rating:Rated 4.3 stars
Vote Here ...

Kshitij Polyline Rights Issue 2024 Reviews

Company Contact Information

Kshitij Polyline Limited
417/418, Dimple Arcade
Near Sai Dham temple, Thakur Complex
Kandivali (East), Mumbai - 400101

Phone: +91 22 4223 4100
Email: compliance@kshitijpolyline.co.in
Website: https://www.kshitijpolyline.co.in/

Kshitij Polyline Rights Issue 2024 Registrar

  1. Kfin Technologies Limited
    Phone: 04067162222, 04079611000
    Email: kpl.rights@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

Kshitij Polyline Rights Issue 2024 Lead Manager(s)

Kshitij Polyline Rights Issue 2024 FAQs

The Kshitij Polyline Rights Issue 2024 opens on June 25, 2024, and closes on July 9, 2024.

Kshitij Polyline Rights Issue 2024 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsJuly 3, 2024
Issue Opening DateJune 25, 2024
Issue Closing DateJuly 9, 2024
Date of Allotment (on or about)July 16, 2024
Date of Credit (on or about)July 18, 2024
Date of Listing (on or about)July 22, 2024

Kshitij Polyline Rights Issue 2024 price is set at ₹6.4 per share per equity share.

The eligible shareholders are being offered 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (June 18, 2024).

The record date for the Kshitij Polyline Rights Issue 2024 is June 18, 2024.

The issue size of Kshitij Polyline Rights Issue 2024 is of 40,521,875 equity shares at ₹6.4 per share aggregating upto ₹25.93 Crores.

The Letter of Offer for Kshitij Polyline Rights Issue 2024 can be download here.

You can apply for Kshitij Polyline Rights Issue 2024 in two ways:

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

Steps to apply for Kshitij Polyline Rights Issue 2024 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 Kshitij Polyline Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Kshitij Polyline Rights Issue 2024.
  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 Kshitij Polyline Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Kshitij Polyline Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

Comments

Add a public comment...

Compare rights issues with Kshitij Polyline Rights Issue 2024