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Pacific Industries Limited Rights Issue (Pacific Industries Rights Issue 2023) Detail

January 19, 2023 - February 2, 2023
Pacific Industries Limited Logo

Incorporated in 1989, Pacific Industries Limited operates as a 100% export-oriented unit by eminent industrialist Mr. J.P. Agrawal. They are known amongst the leading quarry owners and processors of natural stones.

The efforts of Pacific Industries are narrated towards putting sustainable efforts and offering an elegant and durable variety of stones across the world.

The company has successfully expanded its operations in over 40 countries by selling products like slabs, tiles, cut-to-size, etc. Pacific Industries operates through its two processing units situated in Bangalore and Udaipur, respectively.

With the combination of the right team of professionals striving to deliver and maintain the highest quality and efficient delivery, Pacific Industries is touching newer heights of success.

Pacific Industries Rights Issue 2023 Detail

Issue Open January 19, 2023 - February 2, 2023
Security Name Pacific Industries Limited
Issue Size (Shares) 3,446,325
Issue Size (Amount) ₹47.90 Crores
Issue Price ₹139 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The full amount is payable on application.

Entitlement 1 Rights Equity Share for every 1 fully paid-up Equity Share

Pacific Industries Rights Issue 2023 Issue Timetable

Record Date January 11, 2023
Credit of Rights Entitlements January 13, 2023
Bid/Offer Opens On January 19, 2023
Renunciation of Rights Entitlements January 30, 2023
Bid/Offer Closes On February 2, 2023
Deemed Date of Allotment February 10, 2023
Credit Date February 13, 2023
Listing Date February 15, 2023

Company Financials

Pacific Industries Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-21475.18185.8610.41
31-Mar-22510.58293.4215.92
Amount in ₹ Crore

Objects of the Issue:

The Company intends to utilize the Net Proceeds from the Issue towards the following objects:

  1. Repayment of Unsecured Loan availed from the related party;
  2. Working Capital Requirements
  3. General Corporate Purpose

Pacific Industries Rights Issue 2023 Documents

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Company Contact Information

Pacific Industries Limited
Survey No. 13, National Highway 48,
Kempalinganahalli Village, Nelamangala Taluk,
Bangalore - 562123

Phone: +91 80 7723004
Email: pilsouth@pacificgranites.com
Website: https://www.pacificindustriesltd.com/index.php

Pacific Industries Rights Issue 2023 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: pacific.rights@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Pacific Industries Rights Issue 2023 Lead Manager(s)

Pacific Industries Rights Issue 2023 FAQs

The Pacific Industries Rights Issue 2023 opens on January 19, 2023, and closes on February 2, 2023.

Pacific Industries Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsJanuary 13, 2023
Last Date for renunciation of Rights EntitlementsJanuary 30, 2023
Issue Opening DateJanuary 19, 2023
Issue Closing DateFebruary 2, 2023
Date of Allotment (on or about)February 10, 2023
Date of Credit (on or about)February 13, 2023
Date of Listing (on or about)February 15, 2023

Pacific Industries Rights Issue 2023 price is set at ₹139 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share for every 1 fully paid-up Equity Share (January 11, 2023).

The record date for the Pacific Industries Rights Issue 2023 is January 11, 2023.

The issue size of Pacific Industries Rights Issue 2023 is of 3,446,325 equity shares at ₹139 per share aggregating upto ₹47.90 Crores.

The Letter of Offer for Pacific Industries Rights Issue 2023 can be download here.

You can apply for Pacific Industries Rights Issue 2023 in two ways:

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

Steps to apply for Pacific Industries 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 Pacific Industries Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Pacific Industries 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 Pacific Industries Rights Issue 2023 using Registrar's website (R-WAP)

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

1 Comments

1. RAJENDRA MISHRA     Link|February 13, 2023 12:20:25 PM
SHOULD RETAIL SHARE HOLDER WITHDRAW HIS APPLICATION KEEPING IN VIEW OF COMPANY ANNOUNCEMENT?

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