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Vidli Restaurants Limited Rights Issue (Vidli Restaurants Rights Issue) Detail

February 2, 2022 - February 16, 2022
Vidli Restaurants Limited Logo

Vidli is engaged in the business of hospitality, food products, and allied activities. The primary business of the company is to grant franchisees under trademarks.

As of March 31, 2021, there were 35 franchisee outlets of the company under the trademark "Vithal Kamats/ Kamats", 2 franchise outlets under the trademark "Urban Dhaba - The Rich Taste of Punjab', 1 under the trademark "Pepper Fry Veg Multi-Cuisine Kitchen - By Kamtas" and 1 outlet under "Waah Malvan" brand. The company also has a cloud kitchen under the brand name "Multi Brand Cloud Kitchen" for delivery and takeaway foods.

The Company also has a venture in the production of ready-to-eat food products, a variety of namkeens which include mini bhakarvadi, methi gathiya, kabuli chana, thikha boondi, etc.

Vidli Restaurants Rights Issue Detail

Issue Open February 2, 2022 - February 16, 2022
Security Name Vidli Restaurants Limited
Issue Size (Shares) 6,495,000
Issue Size (Amount) ₹6.50 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment Rs 5.00 at the time of Application and the rest Rs 5.00 on one or more subsequent call(s) as determined by the board at its sole discretion. from time to time.
Entitlement 3 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date.

Vidli Restaurants Rights Issue Issue Timetable

Record Date January 21, 2022
Credit of Rights Entitlements February 1, 2022
Bid/Offer Opens On February 2, 2022
Renunciation of Rights Entitlements February 10, 2022
Bid/Offer Closes On February 16, 2022
Deemed Date of Allotment March 3, 2022
Credit Date March 4, 2022
Listing Date March 8, 2022

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20
Total Assets 85.66 86.54
Total Revenue 30.23 49.17
Profit After Tax 0.49 1.63

Objects of the Issue:

  • To acquire 84.01% of the equity and voting share capital of Vitizen Hotels Limited;
  • Towards working capital requirements;
  • To meet Issue related expenses;
  • General Corporate Purposes.

Vidli Restaurants Rights Issue Documents

Vidli Restaurants Rights Issue Rating

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Vidli Restaurants Rights Issue Reviews

Company Contact Information

Vidli Restaurants Limited
D-09, Eastern Business District,
LBS Road Bhandup West,
Mumbai 400 078, Maharashtra, India

Phone: 7400058768
Email: cs@kamatsindia.com
Website: http://www.kamatsindia.com/

Vidli Restaurants Rights Issue Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: investor@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Vidli Restaurants Rights Issue Lead Manager(s)

Vidli Restaurants Rights Issue FAQs

The Vidli Restaurants Rights Issue opens on February 2, 2022, and closes on February 16, 2022.

Vidli Restaurants Rights Issue Schedule

Last Date for credit of Rights EntitlementsFebruary 1, 2022
Last Date for renunciation of Rights EntitlementsFebruary 10, 2022
Issue Opening DateFebruary 2, 2022
Issue Closing DateFebruary 16, 2022
Date of Allotment (on or about)March 3, 2022
Date of Credit (on or about)March 4, 2022
Date of Listing (on or about)March 8, 2022

Vidli Restaurants Rights Issue price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 3 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date. (January 21, 2022).

The record date for the Vidli Restaurants Rights Issue is January 21, 2022.

The issue size of Vidli Restaurants Rights Issue is of 6,495,000 equity shares at ₹10 per share aggregating upto ₹6.50 Crores.

The Letter of Offer for Vidli Restaurants Rights Issue can be download here.

You can apply for Vidli Restaurants Rights Issue in two ways:

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

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

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

2 Comments

2. veenit bhayana     Link|March 17, 2022 2:28:14 PM
I have 1500 Partly paid shares of Vidli which i bought in rights. When i try to trade the shares now it says minimum lot is 2500. any one knows how can i trade my 1500 shares. kindly advise.
1. Kishor tunge     Link|March 12, 2022 9:15:37 AM
Vidli restaurants ka right issue ka abhi tak allotment nahi hua hai kya mera allotment or non allotment hua hai ye mail aaya nahi hai aur mera account mein payment block hua hai please confirm the allotment date

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