Bio Green Papers Limited has announced its upcoming rights issue, set to open on April 21, 2025, and close on April 28, 2025. The company has fixed April 4, 2025, as the record date for determining shareholders’ eligibility to participate in the issue. Under this offering, Bio Green Papers plans to issue 94,71,445 equity shares at a price of ₹52 per share, raising a total of ₹49.25 crores.
The entitlement ratio for the rights issue is set at 67:83, meaning eligible shareholders will receive 67 rights equity shares for every 83 fully paid-up equity shares held as of the record date. Investors looking to participate in the rights issue must ensure they hold Bio Green Papers shares by April 3, 2025, as this is the last day to buy shares to be eligible.
Overview of Contents
About Bio Green Papers Limited
Bio Green Papers Limited, established on March 17, 1994, in Hyderabad, India, initially focused on manufacturing Kraft paper and duplex boards. The company was originally known as Shivsagar Paper & Chemicals Limited but rebranded in 2008 to highlight its commitment to environmentally friendly practices. With a production capacity of 40 tons per day, Bio Green Papers supplies high-quality Kraft paper ranging from 70 GSM to 180 GSM and duplex boards from 150 GSM to 400 GSM. These products are widely used in packaging industries for making corrugated boxes, gift boxes, and cosmetic packaging.
Over the years, the company has expanded beyond paper manufacturing. In May 2024, Bio Green Papers made a strategic move by acquiring String Metaverse Limited, a Web3 startup specializing in GameFi ecosystems. This acquisition marked the company’s entry into digital finance, gaming, and the Metaverse, positioning it as a diversified business entity. Additionally, Bio Green Papers has ventured into information technology services, software development, and consultancy, broadening its business scope.
Operating from its facility in Akkurada Village, the company ensures an efficient supply chain to meet the growing market demand. With around 26 employees, Bio Green Papers continues to focus on sustainability while exploring new opportunities in both the traditional manufacturing and digital technology sectors.
Bio Green Papers Rights Issue 2025 Overview
| Bio Green Papers Rights Issue 2025 – Key Details | Information |
|---|---|
| Issue Period | April 21, 2025 – April 28, 2025 |
| Company Name | Bio Green Papers Ltd |
| Total Shares Offered | 94,71,445 Equity Shares |
| Total Issue Size | ₹49.25 Crores |
| Offer Price per Share | ₹52 |
| Share Face Value | ₹10 per share |
| Stock Exchange for Listing | BSE |
| Payment Terms | Full payment of ₹52 per share at application |
| Eligibility Cut-off Date | April 4, 2025 |
| Entitlement Ratio | 67 Rights Shares for every 83 fully paid shares |
| Sector | Paper Manufacturing & IT Services |
Bio Green Papers Rights Issue 2025 Dates
| Bio Green Papers Rights Issue 2025 – Important Dates | Schedule |
|---|---|
| Last Day to Purchase Shares for Eligibility | 3rd April 2025 |
| Record Date for Rights Issue | 4th April 2025 |
| Opening Date of Rights Issue | 21st April 2025 |
| Closing Date of Rights Issue | 28th April 2025 |
| Deadline for Renouncing Rights Entitlements | 22nd April 2025 |
| Expected Allotment Date | To be announced in 2025 |
How to Apply for Bio Green Papers Rights Issue 2025
Investors can apply for the Bio Green Papers Rights Issue through two convenient methods:
Net Banking via ASBA (Application Supported by Blocked Amount): Shareholders can apply directly through their bank’s net banking portal using the ASBA service. This method allows the application amount to be blocked in the bank account until the shares are allotted. Most banks offer ASBA services under the IPO or Rights Issue section.
Registrar’s Website (R-WAP Facility): Investors can also apply through the Registrar’s Web-Based Application Platform (R-WAP). This method enables eligible shareholders to submit their applications online by filling out the form on the official website of the registrar and making payment through net banking, UPI, or other online payment modes.
Bio Green Papers Ltd – Financial Overview (₹ in Crores)
| Financial Year | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|
| FY 2023 | ₹0.00 | ₹1.41 | ₹-1.36 |
| FY 2024 | ₹5.29 | ₹3.90 | ₹0.66 |
Objects of the Issue:
The company intends to utilize the Net Proceeds from the Issue towards funding the following objects:
- Investments in overseas subsidiaries
- General corporate purposes.
Bio Green Papers Rights Issue 2025 – Allotment Status
🔹 Registrar: MUFG Intime India Private Ltd
📞 Phone: +91-22-4918 6270
📧 Email: [email protected]
🌐 Website: Check Allotment Status
Company Details – Bio Green Papers Ltd
- 📍 Address:
- Sy. No. 66/2, Street No. 03, 2nd Floor
- Rai Durgam, Prashanth Hills, Nav Khalsa
- Gachibowli, Hyderabad – 500008
- 📞 Phone: +91-40-29390760
- 📧 Email: [email protected]
- 🌐 Website: www.stringmetaverse.com
Bio Green Papers Rights Issue 2025 FAQs
What are the opening and closing dates for the Bio Green Papers Rights Issue 2025?
The Bio Green Papers Rights Issue opens on April 21, 2025, and closes on April 28, 2025. Investors need to apply within this period to participate in the rights issue.
What is the entitlement ratio for the Bio Green Papers Rights Issue?
The entitlement ratio for the rights issue is 67:83, meaning eligible shareholders will receive 67 rights equity shares for every 83 fully paid-up equity shares held on the record date, which is April 4, 2025.
Where will the Bio Green Papers Rights Issue be listed?
The rights issue shares will be listed on the BSE (Bombay Stock Exchange) once the allotment process is completed. The exact listing date will be announced later.