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Wockhardt Ltd Rights Issue (Wockhardt Rights Issue) Detail

March 15, 2022 - March 22, 2022
Wockhardt Ltd Logo

Wockhardt is a global pharmaceutical and biotechnology organization that offers affordable high quality medicines. It is India's leading global research-based global healthcare company in the field of Biotechnology, Pharmaceuticals, and advanced Super Speciality Hospitals. It manufactures and market Pharmaceutical and Bio-pharmaceutical formulations, Active Pharmaceutical Ingredients (APIs), and Vaccines. Currently, the business has 12 manufacturing facilities and 3 research centres.

Wockhardt Rights Issue Detail

Issue Open March 15, 2022 - March 22, 2022
Security Name Wockhardt Ltd
Issue Size (Shares) 33,244,650
Issue Size (Amount) ₹748.00 Crores
Issue Price ₹225 per share
Face Value ₹5 per share
Listing At BSE, NSE
Terms of Payment

The entire amount of Rs. 225 per right share will be payable on the application.

Entitlement 3 shares for every 10 fully paid-up shares held on the record date

Wockhardt Rights Issue Issue Timetable

Record Date March 9, 2022
Credit of Rights Entitlements March 11, 2022
Bid/Offer Opens On March 15, 2022
Renunciation of Rights Entitlements March 16, 2022
Bid/Offer Closes On March 22, 2022
Deemed Date of Allotment March 30, 2022
Credit Date April 1, 2022
Listing Date April 4, 2022

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Cr)
  30-Sep-21 31-Mar-21
Total Assets 8,009.18 7,772.69
Total Income 867.20 2,840.57
Profit After Tax 37.17 688.60

Objects of the Issue:

The company aims to utilize the proceed from the right issue for the following purposes;

  1. To make repayment of subordinated debt and company's borrowings including interest partially or fully.
  2. General corporate purposes.

Wockhardt Rights Issue Documents

Wockhardt Rights Issue Rating

28
3.7
Rating:Rated 3.7 stars
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Company Contact Information

Wockhardt Ltd
Wockhardt Towers, Bandra-Kurla Complex
Bandra East, Mumbai 400 051


Phone: +91 22 2659 6228
Email: investorrelations@wockhardt.com
Website: http://www.wockhardt.com/

Wockhardt Rights Issue Registrar

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

Wockhardt Rights Issue Lead Manager(s)

Wockhardt Rights Issue FAQs

The Wockhardt Rights Issue opens on March 15, 2022, and closes on March 22, 2022.

Wockhardt Rights Issue Schedule

Last Date for credit of Rights EntitlementsMarch 11, 2022
Last Date for renunciation of Rights EntitlementsMarch 16, 2022
Issue Opening DateMarch 15, 2022
Issue Closing DateMarch 22, 2022
Date of Allotment (on or about)March 30, 2022
Date of Credit (on or about)April 1, 2022
Date of Listing (on or about)April 4, 2022

Wockhardt Rights Issue price is set at ₹225 per share per equity share.

The eligible shareholders are being offered 3 shares for every 10 fully paid-up shares held on the record date (March 9, 2022).

The record date for the Wockhardt Rights Issue is March 9, 2022.

The issue size of Wockhardt Rights Issue is of 33,244,650 equity shares at ₹225 per share aggregating upto ₹748.00 Crores.

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

You can apply for Wockhardt Rights Issue in two ways:

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

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

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

22 Comments

2. NarenGoud     Link|March 10, 2022 6:56:48 PM
I got an sms and email saying that shares created to DP. what is the next step? any action item on me?

WOCKHARDT LIMITED#RIGHTS ENTITLEMENTS FOR EQUITY SHARES

Thanks in advance.
2.1. NarenGoud     Link|March 15, 2022 11:07:14 AM
I have applied for rights issue using https://web.linkintime.co.in/RIGHTSISSUE/rightsissues-PlainPaper.aspx link
1. KISHAN NAGORI     Link|March 11, 2022 2:40:19 PM
I Got message and email for credit of shares as right issue but what next ?
How to make payment

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