A 100% export-oriented business, Pacific Industries Limited was founded in 1989 by renowned industrialist Mr. J.P. Agrawal. They are well-known among the top quarry owners and stone processors. A description of the company attempts to provide a beautiful and long-lasting selection of stones around the world is given.
By selling goods like slabs, tiles, cut-to-size, etc., the company has effectively grown its activities in over 40 countries. Through its two processing facilities, which are located in Bangalore and Udaipur, respectively, Pacific Industries conducts business. Pacific The company is reaching greater heights of success because to the appropriate blend of people working to deliver and maintain the highest quality and effective delivery.
Pacific Industries Rights Issue 2023 Detail
| Issue Open | Jan 19, 2023 – Feb 2, 2023 |
| Security Name | Pacific Industries Limited |
| Issue Size (Shares) | 3,446,325 |
| Issue Size (Amount) | ₹47.90 Crores |
| Issue Price | ₹139 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The full amount is payable on application. |
| Entitlement | 1 Rights Equity Share for every 1 fully paid-up Equity Share |
Pacific Industries Rights Issue 2023 Dates
| Record Date | Jan 11, 2023 |
| Credit of Rights Entitlements | Jan 13, 2023 |
| Bid/Offer Opens On | Jan 19, 2023 |
| Renunciation of Rights Entitlements | Jan 30, 2023 |
| Bid/Offer Closes On | Feb 2, 2023 |
| Deemed Date of Allotment | Feb 10, 2023 |
| Credit Date | Feb 13, 2023 |
| Listing Date | Feb 15, 2023 |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-21 | 475.18 | 185.86 | 10.41 |
| 31-Mar-22 | 510.58 | 293.42 | 15.92 |
| Amount in ₹ Crore |
Objects of the Issue:
The Company intends to utilize the Net Proceeds from the Issue towards the following objects:
- Repayment of Unsecured Loan availed from the related party;
- Working Capital Requirements
- General Corporate Purpose
Pacific Industries Rights Issue 2023 Documents
Company Contact Information
Pacific Industries Limited
Survey No. 13, National Highway 48,
Kempalinganahalli Village, Nelamangala Taluk,
Bangalore – 562123
Phone: +91 80 7723004
Email: pilsouth@pacificgranites.com
Website: https://www.pacificindustriesltd.com/index.php
Pacific Industries Rights Issue 2023 Registrar
- Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: pacific.rights@linkintime.co.in
Website: https://linkintime.co.in/
