Vistar Amar Rights Issue Details, Record Date, Issue Price, Subscription

Vistar Amar Rights Issue details are released Vistar Amar plans to issue 2,560,000 equity shares amounting to Rs 29.95 crores. Vistar Amar Rights issue price is Rs 117 per share, and the face value is Rs 10 per share.

Vistar Amar Rights Issue open date is December 13, 2024 and closes on December 20, 2024. Vistar Amar rights issue entitlement ratio is 4:5, which is 4 Rights equity Shares for every 5 fully paid-up equity shares.

The Vistar Amar Rights Issue record date is December 6, 2024. The last date to buy shares of Vistar Amar is December 5, 2024. Rights Issue subscription status will be available after the issue goes live.

Vistar Amar Rights Issue Allotment date, Credit date and Listing date is not yet announced. However, the register for the Vistar Amar Rights Issue is Purva Sharegistry India Private Limited.

The book-running lead manager is Mark Corporate Advisors Private Limited. The listing will be at BSE, and the terms of payment are under which 100% of the issue price is payable on application.

Also Read | UPL Rights Issue Details, Record Date, Issue Price, Subscription

Vistar Amar Rights Issue Details

Vistar Amar Rights Issue details, Vistar Amar plans to issue 2,560,000 equity shares amounting to Rs 29.95 crores. Vistar Amar Rights issue price is Rs 117 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 4:5, which is 4 Rights Equity Shares for every 5 fully paid-up equity shares.

Vistar Amar Rights Issue Dates

Vistar Amar Rights Issue open date is December 13, 2024 and closes on December 20, 2024. The Vistar Amar Rights Issue record date is December 6, 2024. The last date to buy shares of Vistar Amar is December 5, 2024.

Vistar Amar Rights Issue Objectives

Vistar Amar Rights Issue objective is to utilize the net proceeds from the issue in to acquire the Amar sterilized Fish Meal (Unit of Amar Polyfils Private Limited), setup a new unit at Mangrol, Gujrat, to meet the working capital requirements of the company and rest for general corporate purposes.

Vistar Amar Rights Issue Subscription

Vistar Amar rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date, the offer price is Rs 117 per share, and terms of payment are the amount payable at the time of application.

Vistar Amar Limited: About the Company

Vistar Amar Limited, established in 1983, is a subsidiary of RBP Holdings Private Limited. The company specializes in the trading and processing of fish, producing sterilized fishmeal that is essential for poultry and aquaculture feeds.

Vistar Amar Limited operates a fully mechanized process to ensure high-quality fishmeal with a protein content ranging from 30% to 50%. Notably, Vistar Amar Limited maintains a strong return on equity (ROE) of 24.9% and operates with minimal debt, making it a robust player in the food processing sector.

Vistar Amar Limited Financials (in crore)

Vistar Amar Limited reported a revenue of Rs 74.11 crore and a profit after tax of Rs 3.71 crore. The company's revenue increased by 15.47% and Profit After Tax rose by 17.16% between the FY ending with March 31, 2024 and March 31, 2023.

Vistar Amar Rights Issue Registrar

Vistar Amar Limited registrar is Purva Sharegistry India Private Limited. The book-running lead manager(s) of this rights issue is Mark Corporate Advisors Private Limited.

FAQs

1. What are the details of the Vistar Amar Rights Issue?

Vistar Amar Rights Issue details: Vistar Amar plans to issue 2,560,000 equity shares amounting to Rs 29.95 crores. Vistar Amar Rights issue price is Rs 117 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 4:5, which is 4 Rights Equity Shares for every 5 fully paid-up equity shares.

2. Vistar Amar Rights Issue open and close date?

Vistar Amar Rights Issue open date is December 13, 2024 and closes on December 20, 2024. The Vistar Amar Rights Issue record date is December 6, 2024. The last date to buy shares of Vistar Amar is December 5, 2024.

3. How can I apply for the Vistar Amar Rights Issue?

You can apply for Vistar Amar in two ways one is Net Banking (ASBA) and the other is by visiting Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Vistar Amar Rights Issue?

Vistar Amar rights issue entitlement ratio is 4:5, which is 4 Rights equity Shares for every 5 fully paid up equity shares.

5. How can I check the Vistar Amar Issue Allotment Status?

The registrar for this upcoming rights issue is Purva Sharegistry India Private Limited. Investors can check out the allotment by visiting the registrar's website.

6. From where can I get the Letter of Offer Vistar Amar Rights issue?

You can download the Vistar Amar Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Vistar Amar Rights Issue?

The Vistar Amar Rights Issue listing date has not yet been announced, but it will be listed on the BSE.

8. Who is the registrar and lead managers of Vistar Amar Rights Issue?

Vistar Amar Limited registrar is Purva Sharegistry India Private Limited. The book-running lead manager(s) of this rights issue is Mark Corporate Advisors Private Limited.

Also Read | What is a Rights Issue?