Founded in 1991, Bandaram Pharma Packtech Limited operates within the paper industry, specializing in the processing and distribution of recycled paper.
The company serves as a key supplier of diverse categories of recycled paper, sourced both domestically and from international origins, catering to the needs of small and medium-sized paper mills. These supplies are predominantly directed towards enterprises situated in the East and West Godavari Districts of Andhra Pradesh.
With a strong presence and reliability, Bandaram Pharma Packtech Ltd has solidified its position as a respected supplier. This is evident through the establishment of enduring supply agreements with multiple manufacturers in the recycled paper sector.
Bandaram Pharma Packtech Ltd Stock Quote #
- Open: ₹27.97
- High – Low: ₹27.97 – ₹26.58
- Previous Close: ₹27.97
- Total Traded Value: 7,070
- Updated On: Aug 07, 2023 4:00 PM
Bandaram Pharma Packtech Rights Issue 2023 Detail #
| Issue Open | Jul 12, 2023 – Jul 20, 2023 |
| Security Name | Bandaram Pharma Packtech Limited |
| Issue Size (Shares) | 9,000,000 |
| Issue Size (Amount) | ₹9.00 Crores |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The Full amount of Rs. 10/- for rights equity shares will be payable on application. |
| Entitlement | 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Bandaram Pharma Packtech Rights Issue 2023 Issue Timetable #
| Last Date to buy shares | Jun 28, 2023 |
| Record Date | Jun 30, 2023 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | Jul 12, 2023 |
| Renunciation of Rights Entitlements | Jul 17, 2023 |
| Bid/Offer Closes On | Jul 20, 2023 |
| Deemed Date of Allotment | Jul 26, 2023 |
| Credit Date | Jul 31, 2023 |
| Listing Date | Aug 3, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 3.00 | -0.01 | |
| 31-Mar-23 | 20.17 | 18.92 | 0.26 |
| Amount in ₹ Crore | |||
Objects of the Issue: #
The company proposes to utilize the net proceeds from the issue towards funding the following objects:
- Conversion of unsecured loans availed by our Company from the Promoters;
- Investment in our Subsidiary, “VSR Paper & Packaging Limited” for augmentation of funding requirements for its business activities.
- Acquisition of Companies to achieve inorganic growth.
- General Corporate Purposes
Bandaram Pharma Packtech Rights Issue 2023 Documents #
Company Contact Information #
601, 5th Floor, Oxford Towers,
Opp to Leela Palace Hotel, Old Airport Road,
Kodihalli, Bengaluru – 560008Phone: +91 98865 31601
Email: infoshivamedicare@gmail.com
Website: http://www.bandaram.com/
Bandaram Pharma Packtech Rights Issue 2023 Registrar #
- Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
