Aplab Limited Rights issue Date will be open from 17 June 2021 to 1 July 2021. The company has set a record date of the rights issue on 8 June 2021. The company will offer 50,00,000 Equity Shares through this rights issue and through this issue and the company will collect ₹5.00 Crores. and the company Aplab Limited Rights Issue Price of this issue has been announced at ₹10 per share as per the face value of ₹10.
APLAB Limited, incorporated in 1962, is a Public enterprise quoted on the Bombay Stock Exchange and is recognized as a technology-driven professional company in business sectors like telecommunications, Information Technology, Retail Banking, and Power Control & conditioning. Since its inception, APLAB has been serving the Global Market with a wide range of Electronic Products meeting the International standards for safety and reliability such as UL, VDE, etc. The company has four independent product Divisions; Test and Measurement Equipment, Power Conversion and UPS Systems, Self-Service Terminals for Banking Sector. APLAB enjoys worldwide recognition for the quality of its products, our business integrity, and our innovative engineering skills.
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Aplab plays in niche areas within three larger market segments: temporary power back-up, test and measurement, and self-service kiosks. Aplab provides UPS and backup power solutions primarily to the Defense and Industrial Processes
markets. Most research prior to 2019 showed a CAGR growth of more than 5% for the UPS and Inverter Industry.
Aplab Limited Rights issue Review :
■ Apply for Long Term
Aplab Limited Rights issue Date & Price Details :
| Issue Open : | 17 June 2021 |
| Issue Close : | 1 July 2021 |
| Record Date : | 8 June 2021 |
| Issue Size : | ₹5.00 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹10 Per Share |
| Listing On : | BSE, |
| Issue Shares Offer : | 50,00,000 |
| Ratio : | 1:1 |
Aplab Limited Rights issue Important Date :
Aplab Limited Rights issue Date is Open from 17 June 2021 to Close 1 July 2021 The allotment will be finalized on Not Declare and the IPO may list on Not Declare
| Bid Open Date : | 17 June 2021 |
| Bid Close Date : | 1 July 2021 |
| Record Date : | 8 June 2021 |
| Allotment Date : | 7 July 2021 |
| Share Credit Date : | 8 July 2021 |
| Listing Date : | 9 July 2021 |
Aplab Limited Financial Report (Rs) :
| Year | Revenue | Expense | P&L |
| 2020 | ₹51,87,87,405 | ₹54,81,13,956 | ₹20,76,163 |
| 2019 | ₹53,52,99,007 | ₹65,04,78,857 | ₹5,41,38,805 |
| 2018 | ₹624,092,163 | ₹782,820,050 | ₹158,727,887 |
Promoters & Board Of Directors :
| Name | Designation |
| Mr. Prabhakar Shankar Deodhar | Chairman & Managing Director |
| Ms. Amrita Prabhakar Deodhar | Director |
| Mr. Shailendra Kumar Hajela | Director |
| Mr. Dinesh Kumar Amrutlal Kotecha | Director |
About Aplab Limited Company
Our Company, Aplab Limited (the “Company” or the “Issuer”) was originally incorporated on September 30, 1964, in Mumbai under the Companies Act 1956, in the name of ‘Applied Electronics Limited’ with the Registrar of Companies (“RoC”), Mumbai. Subsequently, the Company received its certificate of commencement of business on September 30, 1964. On October 06, 1994, the name of our Company was changed to the present name ‘Aplab Limited’, and a fresh certificate of incorporation was obtained.
Aplab plays in niche areas within three larger market segments: temporary power back-up, test and measurement and self-service kiosks Test and Measurement Equipment, Power Conversion and UPS Systems, Self-Service Terminals for Banking Sector.
Temporary Power Back-up
Aplab provides UPS and backup power solutions primarily to the Defense and Industrial Processes markets. Most research prior to 2019 showed a CAGR growth of more than 5% for the UPS and Inverter Industry. However, since the pandemic these estimates are unreliable. Instead, we have relied on investment reports and articles suggesting an increase in Infrastructure and Construction spending (Bloomberg, 2020) to estimate a 3% increase in the UPS systems market in India in 2021 and possibly a return to the 5% CAGR as predicted by prior research.
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Given India’s increasing Naval presence and increased spending in both Air and Sea defenses, it is possible that a one-time increase in spending for new equipment could translate to an increase of 8-9%in the backup power equipment in this vertical for 2021 and possibly 2022.
Test and Measurement
Aplab primarily provides solutions in the electrical test and measurement marketplace. The sectors accounting for most of this business are the educational and power infrastructure sectors. In our opinion, 2021 will see a contraction of as high as 50% within this sector for these products. Most universities and schools are offering only online education currently, and a demand for test equipment will be muted till in-person laboratory settings are generally available again. Similarly, any new infrastructure spending that will generate any demand for new business bet at best in late 2022. Existing projects prior to Covid-19 will continue to require equipment, however, it is difficult to foresee demand to 2019 levels at least until 2022.
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Any projections further out would not be credible, as this would depend on the scope of a Governmental fiscal stimulus, if any. Defense is another large procurer of Test equipment. However, data on how this translates to demand for T&M is not readily available and difficult to extrapolate.
Self-Service Kiosks
Financial institutions, for banking automation and Retail, with primarily information kiosk make up most of the demand for self-service kiosks. A good indicator of future demands for self-service kiosks, ATMs, etc. is a bank’s plans for new branches and locations. The Indian Government’s plans to merge Public Sector Banks (Wishfin, 2020) has meant branch consolidation, rather than expansion. New equipment purchases are still likely because of technology incompatibilities with anchor banks or general obsolescence. A survey for new automation kiosk equipment tenders, however, shows no new demand thus far. We predict a 90% decline in demand for new equipment in 2021 and a return to normal demand perhaps only in 2023. Any CAGR projections would thus be meaningless.
How to apply Aplab Limited Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select Aplab Limited Rights Issue from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
Quick link :
■ Aplab Limited Letter Of Offer
Aplab Limited Rights Issue Lead Manager :
Not Available
Aplab Limited Rights Issue Registrar :
Adroit Corporate Services Private Limited
18-20, Jaferbhoy Industrial Estate,
Makwana Road, Marol Naka,
Andheri (E), Mumbai, Maharashtra – 400059, India
Tel: 022 – 42270400;
E-mail: [email protected];
Website: www.adroitcorporate.com;
Investor grievance e-mail: [email protected]
Company Address :
Aplab Limited
A-5, Aplab House, Wagle Industrial Estate,
Thane, Mumbai, Maharashtra – 400604
Telephone: 022-25821861/ 67395555/ 25820319
E-mail: [email protected]
Website: www.aplab.com
Aplab Limited Rights Issue FAQs :
What are Aplab Limited Rights Issue Open Date?
Aplab Limited Rights Issue 2021 Open date is 17 June 2021.
What are Aplab Limited Rights Issue Close Date?
Aplab Limited Rights Issue 2021 Close date is 1 July 2021.
When is Aplab Limited Rights Issue Record Date?
Aplab Limited Rights Issue 2021 record date is 8 June 2021.
What is Aplab Limited Rights Issue Price?
The company has fixed the price at ₹0 per share.
What is Aplab Limited Rights Issue Size?
The company Aplab Limited Rights Issue Size is ₹5.00 Cr.
What is Aplab Limited Rights Issue Ratio?
The company has fixed the ratio Of 1:1.
How to apply for Aplab Limited Rights Issue 2021?
You can apply for the Aplab Limited Rights Issue in two ways:
1 – Net Banking (ASBA) 2 – Registrar’s Website
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