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Vishvprabha Ventures Ltd Rights Issue (Vishvprabha Ventures Rights Issue 2024) Detail

August 19, 2024 - September 2, 2024
Vishvprabha Ventures Ltd Logo

Incorporated in January 1985, Vishvprabha Ventures Limited is involved in contracting and sub-contracting for various projects, specializing in the construction of commercial and industrial structures. The company's primary focus is civil construction projects, which encompass the construction of:

  • Airport projects
  • Bridges and culverts
  • Irrigation projects
  • Commercial structures
  • State and national highways
  • Railway projects
  • Earthworks
  • WTP projects
  • High-capacity transport corridors
  • Power generation
  • Water pipeline projects
  • Gas pipeline projects
  • Hospitals and building construction and building construction.

The company has two subsidiaries: Vishvprabha & VS Buildcon Private Limited, which are currently in the real estate development business.

The company intends to build affordable township and housing projects to reap multiple benifits.

As on June 30, 2023 the company employees 27 people in various departments.

Vishvprabha Ventures Rights Issue 2024 Detail

Issue Open August 19, 2024 - September 2, 2024
Security Name Vishvprabha Ventures Ltd
Issue Size (Shares) 1,403,182
Issue Size (Amount) ₹4.49 Crores
Issue Price ₹32 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

Entire Amount to be Paid on Application.

Entitlement 9 Rights Equity Share(s) for every 11 fully paid-up Equity Shares held on Record Date

Vishvprabha Ventures Rights Issue 2024 Issue Timetable

Last Date to buy sharesAugust 6, 2024
Record Date August 7, 2024
Credit of Rights Entitlements August 16, 2024
Bid/Offer Opens On August 19, 2024
Renunciation of Rights Entitlements August 27, 2024
Bid/Offer Closes On September 2, 2024
Deemed Date of Allotment September 11, 2024
Credit Date September 16, 2024
Listing Date September 18, 2024

Company Financials

Vishvprabha Ventures Ltd Financial Information (Restated Consolidated)

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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets25.2512.207.13
Revenue5.961.882.70
Profit After Tax-0.27-0.07-0.44
Net Worth3.864.13
Total Borrowing17.106.79
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilise the net proceeds from the Issue (the "Net Proceeds") towards funding the following objects:

  1. Repayment or pre-payment of a portion of unsecured loans availed by the company from the promoters; and
  2. General corporate purposes.

Vishvprabha Ventures Rights Issue 2024 Subscription Status

Vishvprabha Ventures Rights Issue 2024 is subscribed 0.1 times as on August 23, 2024 5:00:00 PM. The total bid quantity received by BSE is 135,273 shares.

Vishvprabha Ventures Rights Issue 2024 Documents

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Company Contact Information

Vishvprabha Ventures Ltd
Ground Floor, Avighna Heights
Survey No. 45-4B, Behind Sarvoday Park
Nandivali Road, Dombivali East, Thane – 421201

Phone: +91 88508 14600
Email: cosec@vishvprabhaventures.com
Website: https://www.vishvprabhaventures.com/

Vishvprabha Ventures Rights Issue 2024 Registrar

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

Vishvprabha Ventures Rights Issue 2024 Lead Manager(s)

Vishvprabha Ventures Rights Issue 2024 FAQs

The Vishvprabha Ventures Rights Issue 2024 opens on August 19, 2024, and closes on September 2, 2024.

Vishvprabha Ventures Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsAugust 16, 2024
Last Date for renunciation of Rights EntitlementsAugust 27, 2024
Issue Opening DateAugust 19, 2024
Issue Closing DateSeptember 2, 2024
Date of Allotment (on or about)September 11, 2024
Date of Credit (on or about)September 16, 2024
Date of Listing (on or about)September 18, 2024

Vishvprabha Ventures Rights Issue 2024 price is set at ₹32 per share per equity share.

The eligible shareholders are being offered 9 Rights Equity Share(s) for every 11 fully paid-up Equity Shares held on Record Date (August 7, 2024).

The record date for the Vishvprabha Ventures Rights Issue 2024 is August 7, 2024.

The issue size of Vishvprabha Ventures Rights Issue 2024 is of 1,403,182 equity shares at ₹32 per share aggregating upto ₹4.49 Crores.

The Letter of Offer for Vishvprabha Ventures Rights Issue 2024 can be download here.

You can apply for Vishvprabha Ventures Rights Issue 2024 in two ways:

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

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

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

1 Comments

1. Murthy   I Like It. |Report Abuse|  Link|August 5, 2024 4:36:43 PMReply
Draft LOF
https://www.bseindia.com/corporates/download/3692/Rights/DLOF_Final_Uploaded_20240118171558.pdf

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