Libas Consumer Products Rights Issue 2022 Date will be available from September 27, 2022 to October 7, 2022. The business has designated September 16, 2022 as the record date for the rights issue. The company will offer 88,20,000 shares via this rights issue and will raise 18.52 crores through this issue. The company Libas Consumer Products Rights Issue Price of this issue has been declared at 21 per share as per the face value of 10.
Libas Consumer Products Limited (“Libas”) is in the business of creating, marketing, and merchandising ethnic textiles through ready-to-wear and customization, in which customers can choose the colors, fabrics, and designs and make modifications as needed. Business outfits, Shirts, Trousers, Sherwanis, a light selection of Indo-westerns, Kurtas, designer wedding outfits, beautiful men’s business suits, formal shirts, and trousers.
The company uses a new approach to the traditional bespoke technique. For the sale of apparel, the company has 9 (nine) stores in India and 1 (one) store in Dubai. According to news reports, the company has also begun manufacturing innerwear under the brand name “KNG” and offering rock salt under the brand name “Gangji”. The company owns or operates ten outlets through franchises.
Criteria of the Issue
- Meeting Working Capital Requirement
- Marketingfor innerwear Brand“KNG
Libas Consumer Products Rights issue Review :
- Apply for Long Term
Libas Consumer Products Rights issue 2022 Date & Price Details :
| Issue Open : | 27 September 2022 |
| Issue Close : | 07 October 2022 |
| Record Date : | 16 September 2022 |
| Issue Size : | ₹18.52 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹21 Per Share |
| Listing On : | NSE |
| Issue Shares Offer : | 88,20,000 |
| Ratio : | 1:2 |
Libas Consumer Products Rights issue 2022 Date :
| Bid open Date : | 27 September 2022 |
| Bid Close Date : | 07 October 2022 |
| Record Date : | 16 September 2022 |
| Allotment Date : | 18 October 2022 |
| Share Credit Date : | 20 October 2022 |
| Listing Date : | 25 October 2022 |
Libas Consumer Products Financial Report (Cr):
| Year | Revenue | Expense | P&L |
|---|---|---|---|
| 2022 | ₹85.19 | ₹72.49 | ₹8.74 |
| 2021 | ₹54.08 | ₹47.72 | ₹-1.17 |
| 2020 | ₹65.79 | ₹57.71 | ₹4.83 |
Libas Consumer Products Rights Issue Registrar :
Bigshare Services Private Limited
Office No S6-2, 6thFloor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East), Mumbai –400093
Tel. No.: +91 22 6263 8200
Email: [email protected]
Investor Grievance E-Mail: [email protected]
Website: bigshareonline.com
Company Address :
Libas Consumer Products Limited
4thFloor, Crecent Royale,
Off. New Link Road, Lokhanwala Complex,
Andheri (West) Mumbai-400 053
Tel No.: +9122 4976 7404/4976 7396
E-mail: [email protected]
Website: libasdesignsltd.com
Libas Consumer Products Rights Issue Lead Manager :
Sarthi Capital Advisors Private Limited
4thFloor, Manek Plaza, 167,
Vidyanagari Marg,Kalina,
Santacruz (E), Mumbai –400 098
Tel No.: +91 22 2652 8671/ 72
Email ID: [email protected]
Website: sarthiwm.in
How to apply Libas Consumer Products Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select Libas Consumer Products Rights Issue from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
Libas Consumer Products Rights Issue 2022 FAQs :
Q1. What is Libas Consumer Products Rights Issue Open Date?
Ans. Libas Consumer Products Rights Issue 2022 Open date is 27 September 2022.
Q2. What is Libas Consumer Products Rights Issue Close Date?
Ans. Libas Consumer Products Rights Issue 2022 Close date is 07 September 2022.
Q3. When is Libas Consumer Products Rights Issue 2022 Record Date?
Ans. Libas Consumer Products Rights Issue 2022 record date is 16 September 2022.
Q4. What is Libas Consumer Products Rights Issue Price?
Ans. The company has fixed the price at ₹21 per share.
Q5. What is Libas Consumer Products Rights Issue 2022 Size?
Ans. The company Libas Consumer Products Rights Issue Size is ₹18.52 Cr.
Q6. What is Libas Consumer Products Rights Issue Ratio?
Ans. The company has fixed the ratio Of 1:2.
Q7. How to apply for Libas Consumer Products Rights Issue 2022?
Ans. You can apply for the Libas Consumer Products Rights Issue in two ways:
1. Net Banking (ASBA)
2. Registrar’s Website
