Vikas Ecotech Rights issue Date will be open from 15 June 2021 to 29 June 2021. The company has set a record date of the rights issue on 10 June 2021. The company will offer 36,38,69,577 Equity Shares through this rights issue and through this issue and the company will collect ₹49.12 Cr. and the company Vikas Ecotech Rights Issue Price of this issue has been announced at ₹1.35 per share as per the face value of ₹1.
Vikas Ecotech is an emerging player in the global arena of the high-end specialty chemicals players. We are passionate about addressing customer requirements and offering eco-friendly and technologically superior products to the world. Our incremental innovation engine improvises on both technology and processes to help us produce a product-solution mix that offers a higher value offering to our customers across industries.
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As an integrated, multi-specialty product solutions company, we produce a wide variety of superior quality, eco-friendly rubber-plastic compounds, and additives. Our rubber-plastic compounds and additives are process critical and value enabling ingredients used to manufacture a varied cross-section of high-performance, environment-neutral and safety-critical products. From agriculture to automotive, cables to electricals, hygiene to healthcare, polymers to packaging, textiles to footwear, our products serve a diverse range of global industry needs.
Vikas Ecotech Rights issue Review :
■ Apply for Long Term
Vikas Ecotech Rights issue Date & Price Details :
|Issue Open :||15 June 2021|
|Issue Close :||29 June 2021|
|Record Date :||10 June 2021|
|Issue Size :||₹49.12 Cr|
|Face Value :||₹1 Rs. Equity Share|
|Price Band :||₹1.35 Per Share|
|Listing On :||BSE, NSE|
|Issue Shares Offer :||36,38,69,577|
Vikas Ecotech Rights issue Important Date :
|Bid Open Date :||15 June 2021|
|Bid Close Date :||29 June 2021|
|Record Date :||10 June 2021|
|Allotment Date :||5 July 2021|
|Share Credit Date :||7 July 2021|
|Listing Date :||7 July 2021|
Vikas Ecotech Financial Report (Lakhs):
Promoters & Board Of Directors :
|Mr. Gyan Prakash Govil||Chairman and Non-Executive Independent Director|
|Mr. Vikas Garg||Managing Director|
|Mr. Suresh Kumar Dhingra||Executive Director|
|Mr. Vivek Garg||Non-Executive Non -Independent Director|
|Mr. Ravi Kumar Gupta||Non-Executive Independent Director|
About Vikas Ecotech Company :
Our Company was originally incorporated on November 30, 1984, as “Vikas Leasing Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Delhi and Haryana. The name of our Company was changed from “Vikas Leasing Limited” to “Vikas Profin Limited” and a fresh certificate of incorporation was issued on January 7, 2002. Thereafter, again the name of our Company was again changed from “Vikas Profin Limited” to “Vikas Global one Limited” and a fresh certificate of incorporation was issued on December 31, 2008. On October 21, 2015, the name of our Company was again changed from “Vikash Global one Limited” to “Vikas Ecotech Limited” and a fresh certificate of incorporation was issued under the seal of Registrar of Companies, Delhi.
During Fiscal 2018-19, our Company hived off its ‘high volume recycled compounds and trading division which merged into Vikas Lifecare Limited (formerly known as Vikas Multicorp Limited), our promoter entity, vide scheme of demerger under section 230-232 of Companies Act, 2013 duly approved by Hon’ble National Company Law Tribunal vide certificate copy of the order dated October 31, 2018. The appointed date under the scheme of demerger was April 1, 2017.
We are primarily engaged in the business of manufacturing Specialty Chemicals focused on Specialty Chemical Additives and Specialty Polymer Compounds. Our Company is also ISO 9001:2015 certified company. Presently, our manufacturing facilities are operating at Shahjahanpur (Rajasthan) and Noida SEZ (Uttar Pradesh). Over the years, we have established ourselves as a successful manufacturer of Specialty Chemicals Additives and Specialty Polymer Compound.
Our products cater to various industries such as agriculture and infrastructure, packaging, organic and inorganic chemicals, electrical, FMCG, footwear, pharmaceuticals, automotive, medical devices and components, and other consumer goods. We believe that presently we are the only homegrown manufacturer in India with an in-house research and development function, manufacturing Organotin Stabilizers or MTM right from tin metal. Our Organotin Stabilizers are US FDA compliant, giving us the ability to supply all over the world and substitute costly imports for Indian manufacturers locally.
Our Company carries out research and development activities at our manufacturing facility situated at Shahjahanpur. We supply our products to domestic customers and also export our products to countries including the United States of America, Africa, Europe, and Asia. In Fiscals 2020, 2019, and 2018, our revenue from exports contributed 24.698%, 3.886%, and 44.952 %, respectively of our total revenue from operations. Our company is recognized with a two-star house by the office of Additional Director General of Foreign Trade.
How to apply Vikas Ecotech Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select Vikas Ecotech Rights Issue from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
Quick link :
■ Vikas Ecotech Letter Of Offer
Vikas Ecotech Rights Issue Lead Manager :
Mark Corporate Advisors Private Limited
404/1, The Summit Business Bay, Sant Janabai Road (Service Lane),
Off W. E. Highway, Vile Parle (East), Mumbai-400057.
Telephone: +91-22-2612 3207/08
E-mail id: [email protected]
Investor Grievance e-mail id:
Contact Person: Mr. Manish Gaur
Vikas Ecotech Rights Issue Registrar :
Alankit Assignments Limited
4E/2, Jhandewalan Extension,
Telephone: 011- 42541234, 23541234
E-mail id: [email protected]
Company Address :
Registered and Corporate Office,
34/1 Vikas Apartments,
East Punjabi Bagh,
Delhi – 110026
E-mail: [email protected]
Vikas Ecotech Rights Issue FAQs :
What is Vikas Ecotech Rights Issue Open Date?
Vikas Ecotech Rights Issue 2021 Open date is 15 June 2021.
What is Vikas Ecotech Rights Issue Close Date?
Vikas Ecotech Rights Issue 2021 Close date is 29 June 2021.
When is Vikas Ecotech Rights Issue Record Date?
Vikas Ecotech Rights Issue 2021 record date is 10 June 2021.
What is Vikas Ecotech Rights Issue Price?
The company has fixed the price at ₹1.35 per share.
What is Vikas Ecotech Rights Issue Size?
The company Vikas Ecotech Rights Issue Size is ₹49.12 Cr.
What is Vikas Ecotech Rights Issue Ratio?
The company has fixed the ratio Of 13:10.
How to apply for Vikas Ecotech Rights Issue 2021?
You can apply for the Vikas Ecotech Rights Issue in two ways:
1 – Net Banking (ASBA) 2 – Registrar’s Website
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