Established in 2005, Vaxtex Cotfab Limited stands as a prominent textile manufacturing firm, holding a significant position within India’s textile industry. Operating primarily from Ahmedabad, Gujarat, the company is publicly listed on NSE Limited.
With operational excellence as a core principle, Vaxtex Cotfab exhibits a robust production capacity, capable of delivering approximately 1.2 million meters of fabric per month. The company specializes in crafting a diverse range of suiting and shirting fabrics, catering to a wide array of stakeholders including export houses, international brands, corporate purchasers, domestic traders, wholesalers, and distributors.
Acommitment to innovation is evidenced by their utilization of cutting-edge technology and state-of-the-art machinery, sourced from prominent suppliers and distributors across India.
Vaxtex Cotfab Limited Stock Quote #
- Open: ₹2.40
- High – Low: ₹2.40 – ₹2.30
- Previous Close: ₹2.35
- Total Traded Value: 2,14,311
- 52 Weeks High: ₹6.20 (Aug 12, 2022)
- 52 Weeks Low: ₹2.00 (Mar 29, 2023)
- Updated On: Jun 06, 2023 4:00 PM
Vaxtex Cotfab Rights Issue 2023 Detail #
| Issue Open | Aug 7, 2023 – Aug 18, 2023 |
| Security Name | Vaxtex Cotfab Limited |
| Issue Size (Shares) | 63,145,050 |
| Issue Size (Amount) | ₹8.71 Crores |
| Issue Price | ₹2 per share |
| Face Value | ₹1 per share |
| Listing At | NSE |
| Terms of Payment | Full amount of Rs. 2/- per Equity share is payable on application by eligible shareholders. |
| Entitlement | 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date |
Vaxtex Cotfab Rights Issue 2023 Issue Timetable #
| Last Date to buy shares | Jul 21, 2023 |
| Record Date | Jul 24, 2023 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | Aug 7, 2023 |
| Renunciation of Rights Entitlements | Aug 14, 2023 |
| Bid/Offer Closes On | Aug 18, 2023 |
| Deemed Date of Allotment | Aug 25, 2023 |
| Credit Date | Aug 29, 2023 |
| Listing Date | Aug 31, 2023 |
Company Financials #
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 21.69 | 23.99 | 69.48 |
| Revenue | 26.22 | 62.28 | 76.51 |
| Profit After Tax | 0.18 | 1.49 | 1.13 |
| Net Worth | |||
| Reserves and Surplus | |||
| Total Borrowing |
Objects of the Issue: #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding the incremental working capital requirements of the company, and
- Purchase of Plant and Machinery.
Vaxtex Cotfab Rights Issue 2023 Documents #
- Letter Of Offer
- Application Form
Company Contact Information #
Survey No. 230, Ranipur Rd, opp. Mariya Park,
B/h. Ranipur Village, Saijpur – Gopal,
Narol, Ahmedabad – 382405Phone: +91 9537669940
Email: vaxtexcotfab@gmail.com
Website: https://vaxtexcotfabltd.com/
Vaxtex Cotfab Rights Issue 2023 Registrar #
- Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: rights@cameoindia.com
Website: https://ipo.cameoindia.com/
