Pacific Industries Limited, founded in 1989 by well-known industrialist Mr. J.P. Agrawal, operates as a 100% export-oriented unit. They are widely recognised among the main quarry owners and natural stone processors.
Pacific Industries’ efforts are explained in terms of making substantial investments in offering an attractive and durable variety of stones around the world. The company has successfully grown its activities in over 40 countries
by selling slabs, tiles, cut-to-size, and other items. Pacific Industries operates through two processing plants, one in Bangalore and one in Udaipur. Pacific Industries is reaching new heights of success owing to the suitable team of professionals striving to deliver and maintain the best quality and efficient delivery.
Objects of the Issue:
The Company intends to utilize the Net Proceeds from the Issue towards the following objects:
- Repayment of Unsecured Loan availed from the related party;
- Working Capital Requirements
- General Corporate Purpose
Pacific Industries Rights Issue 2023 Detail
Issue Open | Jan 19, 2023 – Feb 2, 2023 |
Security Name | Pacific Industries Limited |
Issue Size (Shares) | 3,446,325 |
Issue Size (Amount) | ₹47.90 Crores |
Issue Price | ₹139 per share |
Face Value | ₹10 per share |
Listing At | BSE |
Terms of Payment | The full amount is payable on application. |
Entitlement | 1 Rights Equity Share for every 1 fully paid-up Equity Share |
Pacific Industries Rights Issue 2023 Issue Timetable
Record Date | Jan 11, 2023 |
Credit of Rights Entitlements | Jan 13, 2023 |
Bid/Offer Opens On | Jan 19, 2023 |
Renunciation of Rights Entitlements | Jan 30, 2023 |
Bid/Offer Closes On | Feb 2, 2023 |
Deemed Date of Allotment | Feb 10, 2023 |
Credit Date | Feb 13, 2023 |
Listing Date | Feb 15, 2023 |
Pacific Industries Limited Financial Information (Consolidated)
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-21 | 475.18 | 185.86 | 10.41 |
31-Mar-22 | 510.58 | 293.42 | 15.92 |
Company Contact Information
Pacific Industries Limited
Survey No. 13, National Highway 48,
Kempalinganahalli Village, Nelamangala Taluk,
Bangalore – 562123
Phone: +91 80 7723004
Email: [email protected]
Website: https://www.pacificindustriesltd.com
Pacific Industries Rights Issue 2023 Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Pacific Industries Rights Issue 2023 Lead Manager(s)
- Srujan Alpha Capital Advisors Llp
Pacific Industries Rights Issue 2023 FAQs
Q1. When is Pacific Industries Rights Issue 2023 coming?
Ans. The Pacific Industries Rights Issue 2023 opens on Jan 19, 2023, and closes on Feb 2, 2023.
Q2. What is the schedule for Pacific Industries Rights Issue 2023?
Ans. Pacific Industries Rights Issue 2023 Schedule : Last Date for credit of Rights Entitlements Jan 13, 2023 Last Date for renunciation of Rights Entitlements Jan 30, 2023 Issue Opening Date Jan 19, 2023 Issue Closing Date Feb 2, 2023 Date of Allotment (on or about) Feb 10, 2023 Date of Credit (on or about) Feb 13, 2023 Date of Listing (on or about) Feb 15, 2023
Q3. What is the issue price for Pacific Industries Rights Issue 2023?
Ans. Pacific Industries Rights Issue 2023 price is set at ₹139 per share per equity share.
Q4. In what ratio is the Pacific Industries Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 1 Rights Equity Share for every 1 fully paid-up Equity Share (Jan 11, 2023).
Q5. What is the record date for Pacific Industries Rights Issue 2023?
Ans. The record date for the Pacific Industries Rights Issue 2023 is Jan 11, 2023.
Q6. What is the issue size of Pacific Industries Rights Issue 2023?
Ans. The issue size of Pacific Industries Rights Issue 2023 is of 3,446,325 equity shares at ₹139 per share aggregating upto ₹47.90 Crores.
Q7. How to apply for Pacific Industries Rights Issue 2023?
Ans. You can apply for Pacific Industries Rights Issue 2023 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for Pacific Industries Rights Issue 2023 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the Pacific Industries Rights Issue 2023 available on the list.
- Click the Apply button next to the Pacific Industries Rights Issue 2023.
- Fill and check your information.
- 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 Pacific Industries Rights Issue 2023 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select Pacific Industries Rights Issue 2023 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.