Bisil Plast Limited is gearing up for its upcoming rights issue, offering a significant opportunity for its shareholders. The rights issue is scheduled to open on March 18, 2025, and will close on April 11, 2025, with the record date set as March 8, 2025.
The company aims to raise ₹48.63 crore by issuing 48.62 crore equity shares at a price of ₹1 per share. Shareholders holding shares as of the record date will be eligible to apply for 9 rights shares for every 1 fully paid equity share they own. Bisil Plast has been in the packaging industry since 1986, primarily dealing in the wholesale supply of PET bottles, jars, and packaging products to sectors like pharmaceuticals, FMCG, and bottling industries.
Over the years, the company has built a solid reputation due to its consistent quality and customer-centric approach. The rising demand for PET packaging solutions across various industries has created growth opportunities for the company. With its debt-free status and healthy profitability metrics like ROE and ROCE of 21.4%, Bisil Plast is well-positioned to capitalize on the expanding packaging market, making this rights issue a strategic move to fuel its growth trajectory.
Overview of Contents
Bisil Plast Rights Issue 2025 Overview
| Particulars | Details |
|---|---|
| Company Name | Bisil Plast Limited |
| Rights Issue Size | ₹48.63 Crores (Approx) |
| Number of Shares Offered | 48,62,79,000 Equity Shares |
| Issue Price | ₹1 Per Equity Share |
| Face Value | ₹1 Per Share |
| Entitlement Ratio | 9 Equity Shares for every 1 Fully Paid Equity Share held on the Record Date |
| Record Date | March 8, 2025 |
| Issue Period | March 18, 2025 - April 11, 2025 |
| Payment Terms | Full amount of ₹1 per share payable at application |
| Listing Platform | BSE |
| Letter of Offer | Click here |
Bisil Plast Rights Issue Dates
| Event | Date |
|---|---|
| Record Date | March 8, 2025 |
| Last Date to Buy Shares | March, 2025 |
| Rights Issue Opening Date | March 18, 2025 |
| Rights Entitlements Credit Date | To be updated |
| Renunciation of Rights Entitlements | April 7, 2025 |
| Rights Issue Closing Date | April 11, 2025 |
| Deemed Date of Allotment | 2025 |
| Credit of Shares to Demat Account | To be updated |
| Listing Date on BSE | To be updated |
Bisil Plast Limited Financial Overview
| Financial Year | Total Income (₹ Cr) | Total Expenditure (₹ Cr) | Net Profit (₹ Cr) |
|---|---|---|---|
| FY 2022 | 1.52 | 1.50 | 0.02 |
| FY 2023 | 4.04 | 3.86 | 0.18 |
| FY 2024 | 4.03 | 3.83 | 0.20 |
How to Apply for Bisil Plast Rights Issue 2025
Investors can apply for the Bisil Plast Rights Issue 2025 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.
Objects of the Issue
- To meet the Working Capital requirements of the company; and
- Purchase of Machinery
- General Corporate Purposes.
Bisil Plast Rights Issue Registrar Contact Details
- 🏢 Registrar Name: MUFG Intime India Private Limited
- 📞 Phone: +91-22-4918 6270
- 📧 Email: [email protected]
- 🌐 Website: MUFG Intime India Private Limited
Company Address:
- 📍 Address:
406, Silver Oaks Commercial Complex,
Opp. Arun Society, Paldi,
Ahmedabad – 380007 - 📞 Phone: 07926588065
- 📧 Email: [email protected]
- 🌐 Website: www.bisilplast.com
📌 Bisil Plast Limited Rights Issue FAQs
🔍 What is Bisil Plast Limited Rights Issue timetable?
The Bisil Plast Limited Rights Issue will open on March 18, 2025, and close on April 11, 2025, with the record date set on March 8, 2025.
📄 Where do I get the Letter of Offer for Bisil Plast Limited?
The Letter of Offer will be available on the company’s website and the stock exchange portal (BSE) once the issue opens.
📝 How do I get the Application Form for Bisil Plast Limited Rights Issue?
Investors can download the application form from the registrar’s website or apply via Net Banking (ASBA) and R-WAP facility.
💰 What is Bisil Plast Limited Rights Issue price?
The issue price is fixed at ₹1 per equity share, fully payable at the time of application.
📅 What is the allotment date for Bisil Plast Limited Rights Issue 2025?
The expected allotment date will be around April 2025, after the closure of the issue.