Iykot Hitech Toolroom Limited Rights Issue: Important Things to Consider

Iykot Hitech Toolroom Limited came up with the right issue. The issue size of shares is 14,196,000, and the issue amount is Rs 9.94 Crores. Investors can apply for rights issues from April 24, 2024, till April 30, 2024. The issue price is decided at Rs 7 per share, and the face value is set to be Rs 5 per share. However, an investor who does not own shares of Iykot Hitech Toolroom Limited can buy its shares till April 2, 2024 for the eligibility of this rights issue. The registrar who will be managing this right issue is yet to be announced.

About Iykot Hitech Toolroom Limited

Iykot Hitech Toolroom Limited is a fairly small-scale operation with a total of only 50 employees. This small size enables them to provide individual attention to the customers, and has been instrumental in the successful design and manufacture of multi-cavity high precision injection molds for use in machines of size up to 1500 tons. While the company offer a comprehensive suite of injection molding services, the main specialization lies in Mold Design, Mold Making, and Injection Molding. The company's experienced team of designers, engineers, and technicians work in close collaboration with customers, gaining an in-depth understanding of their unique requirements to offer bespoke solutions of the highest quality. Furthermore, their engineering support services encompass a broad range of key offerings, including product design, material selection and testing, production process optimization, meticulous quality control, and seamless packing and delivery.

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Financial Performance of Iykot Hitech Toolroom Limited (Amt in Rs Crore)

Iykot Hitech Toolroom Limited reported a revenue of Rs 2.35 Crore which is decreased by -72.1% and Profit after tax of Rs -1.13 Crore i.e., dropped by -663.19% for the FY 22-23.

Important Dates for Iykot Hitech Toolroom Rights Issue

Timetable of Iykot Hitech Toolroom Rights Issue

How do I apply for the Iykot Hitech Toolroom Rights Issue?

Wait for the right issue to open for subscription, then click here to apply for the Iykot Hitech Toolroom Rights Issue with Bigul.

How do you check the allotment status of the Iykot Hitech Toolroom Rights Issue?

The registrar for this right issue is not yet disclosed. Once it is disclosed you can check the allotment status by clicking here. 

FAQs

1.  What is the Iykot Hitech Toolroom Rights Issue opening and closing date?

This Rights Issue will open for subscription on April 24, 2024 and closes on April 30, 2024.

2. What is the record date for the Iykot Hitech Toolroom Rights Issue?

The record date, which is the Date to determine the shareholders eligibility for the Rights Issue is April 3, 2024.

3. What is the last date to buy Shares?

To get eligible for the rights issue of Iykot Hitech Toolroom limited, an investor can buy its shares till April 2, 2024.

4. What are the recent financials of Iykot Hitech Toolroom Limited reported?

Iykot Hitech Toolroom Limited reported a revenue of Rs 2.35 Crore which is decreased by -72.1% and Profit after tax of Rs -1.13 Crore i.e., dropped by -663.19% for the FY 22-23.

5. How can I apply for the Iykot Hitech Toolroom Rights Issue?

You can apply for the Rights Issue once it opens for a subscription. Just click here to apply with Bigul.

6. How can I check the allotment status of the Iykot Hitech Toolroom Issue?

The registrar for this right issue is not yet disclosed. Once it is disclosed you can check the allotment status by clicking here. 

7.  Where will the Iykot Hitech Toolroom Right Issue be listed?

The Rights Issue will be listed on the BSE.

8. What is the entitlement ratio for the Iykot Hitech Toolroom Limited Right Issue?

The entitlement ratio is set at 7 Rights Equity Share(s) for every 3 fully paid-up Equity shares held on the Record date.

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