Pricol Limited Rights Issue - Terms of Payment, Entitlement & Details

Pricol Limited Rights Issue Details

Issue Dates 03 Dec 2020 - 17 Dec 2020
Issue Price 30
Issue Size Rs. 81.25 Cr.
Market Lot 1 Per Share
Terms of Payment The full amount of ₹30 per Rights Equity Share is payable on Application.
Entitlement 2 Rights Equity Share for every 7 Equity Shares held on the Record Date

About Pricol Limited

Pricol commenced its operations in 1975 in Coimbatore, South India in the manufacture of automotive instruments. Committed to leadership and excellence and guided by its core values, Pricol continues its stride as a reputable global brand in the automotive component and products business.

Today, Pricol provides leading automobile and industrial brands with precision-engineered technological solutions in over 45 countries with more than 2000 product variants. Pricol group is powered by a 5100 strong, dedicated and skilled workforce across 8 countries which resolutely pursues the mission to be PASSIONATE, SUSTAINABLE, DYNAMIC and EVOLVING.

Company Financials

Particulars 30-Sep-20 31-Mar-20
Total Assets (In ₹ Millions) 12,467.24 13,299.06
Total Revenue (In ₹ Millions) 5,110.47 12,572.49
Profit After Tax (PAT) (In ₹ Millions) 186.66 -987.54

Pricol Limited Rights Issue FAQs

  1. What is the Issue Dates for Pricol Limited?

    The Pricol Limited Rights Issue will open on 03 Dec 2020 and closes on 17 Dec 2020.

  2. What is the Issue price of Pricol Limited Rights Issue?

    The Issue price of Pricol Limited Rights Issue is Rs.30.

  3. What is the Issue size of Pricol Limited Rights Issue?

    The Issue size of Pricol Limited Rights Issue is Rs. 81.25 Cr.