Veer Global Infraconstructions Rights Issue Details
- About Veer Global Infraconstructions
- Important Details – Veer Global Infraconstructions
- Objects of the Issue
- Veer Global Infraconstructions Limited Financials:
- Veer Global Infraconstructions Rights Issue Detail
- Veer Global Rights Issue Lead Managers
- Veer Global Rights Issue Registrar
- VGIL Rights Issue Important Dates
- Company Registered Office
- Company Promoters
- Veer Global Infraconstructions IPO – FAQS
About Veer Global Infraconstructions
Veer Global is a real estate developer, primarily focusing on development of residential projects in Vasai- Virar and Palghar district. Veer Global Infraconstruction has over 10 years of experience in, developing residential projects in the low-income affordable housing segment.
Important Details – Veer Global Infraconstructions
January 11, 2012 – The company was incorporated as “Veer Global Infraconstruction Limited” at Maharashtra, Mumbai as a Public company
Objects of the Issue
To part finance Incremental Working Capital;
To meet General corporate purposes;
To meet the expenses of the Issue.
Veer Global Infraconstructions Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | |
|---|---|---|
| 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 3,538.68 | 3,262.76 |
| Total income | 1,300.47 | 851.21 |
| Total Expenses | 1,270.06 | 824.02 |
| Profit After Tax | 19.40 | 19.16 |
Veer Global Infraconstructions Rights Issue Detail
| Description | VGIL Rights Issue Details |
|---|---|
| Right Issue | Issue of up to 8,12,000 fully paid up equity shares of face value of Rs. 10/- each (the “rights equity shares”) for cash at a price of Rs. 60/- per rights equity share (including a premium of Rs. 50/- per rights equity share) aggregating upto Rs. 487.20 Lakh |
| Issue Open Date | 31-Jan-22 |
| Issue Close Date | 14-Feb-22 |
| Issue Size – No.of Shares | 8,12,000 |
| Issue Size – Amount | ₹ 487.20 Lakh |
| Issue Price | ₹ 60 |
| Face Value | ₹ 10 |
| Market Lot | 125 |
| LTP on 03 Feb 2022 | ₹ 142.60 |
| Listing | BSE |
| Entitlement | Ratio of 1 Rights equity shares for every 8 fully paid-up equity shares held by the eligible equity shareholders on the record date, that is on January 21, 2022 |
| BSE Symbol | VGIL |
Veer Global Rights Issue Lead Managers
- Navigant Corporate Advisors Ltd
Veer Global Rights Issue Registrar
- Purva Sharegistry (India) Private Limited
VGIL Rights Issue Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | Jan 31, 2022 |
| Bid / Offer Closes on | Feb 14, 2022 |
| Record Date | Jan 21, 2022 |
| Finalisation of Basis of Allotment | Feb 21, 2022 |
| Date of Allotments | Feb 22, 2022 |
| Date of Credit | Feb 28, 2022 |
| Date of listing | Mar 1, 2022 |
Company Registered Office
Shop No 47 Shalibhadra Regency
Shalibhadra Nagar,
100 ft. Road Behind Union Bank,
Nalasopara (E),
Thane-401 209,
Maharashtra India
Website: www.veergloballtd.com
Company Promoters
- Mr. Vijaybhai Vagjibhai Bhanshali
- Mrs. Anita Bhanshali
- Mr. Vinod Mohanlal Jain
- Mr. Mukesh Chunnilal Jain
- Mr. Abhishek Mukesh Jain
- Mr. Priyank Chandrakant Parikh
Veer Global Infraconstructions IPO – FAQS
What is a Rights Issue?
Check the complete details about the Rights issue here – Click here
When Veer Global Rights Issue will open?
The Veer Global Rights Issue opens on Jan 31, 2022 and closes on Feb 14, 2022
When Veer Global Infraconstruction Rights Issue will open?
The rights issue opens on Jan 31, 2022 and closes on Feb 14, 2022
What is the issue price of Veer Global Infraconstruction rights issue?
The Veer Global Infraconstruction rights issue price is Rs.60
What is the record date for Veer Global Infraconstruction rights issue?
The Record date for Veer Global Infraconstruction rights issue is Jan 21, 2022
Who is the Registrar for Veer Global Infraconstruction rights issue?
The Registrar for Veer Global Infraconstruction rights issue is Purva Sharegistry (India) Private Limited
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