Vipul Organics
210.95
+1.60(+0.76%)
Market Cap₹374.44 Cr
PE Ratio81.46
IndustryChemicals
Company Performance:
1D+0.76%
1M-1.31%
6M+59.09%
1Y+10.70%
5Y+213.91%
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Latest news about Vipul Organics
More news about Vipul Organics
10Mar 25
Vipul Organics Announces ₹20.41 Crore Rights Issue, Record Date Set for March 10, 2025
Vipul Organics Limited (NSE: VIPULORG) has announced a rights issue to raise ₹20.41 crores, offering 44,37,291 shares at ₹46 per share. The rights entitlement ratio is 1:3, with the issue opening on March 21, 2025, and closing on April 2, 2025. The record date is set for March 10, 2025. This capital raising initiative aims to strengthen the company's financial position and support future growth plans.
05Mar 25
Vipul Organics Announces Rights Issue: Record Date Set, Share Price Surges
Vipul Organics Limited has announced details of its upcoming rights issue, causing a 6.5% surge in its share price. The rights issue, set to open on March 21, 2025, offers a 1:3 ratio at ₹46 per share, revised down from ₹54 due to market conditions. The ₹20.41 crore raised will fund a new plant in Gujarat. The company, with FY 2023-24 revenues of ₹151 crore, operates in over 50 countries and expects trial runs at the new facility in Q3 FY 2025-26.
Vipul Organics
210.95
+1.60
(+0.76%)
1 Year Returns:+10.70%
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Vipul Organics
210.95
(+0.76%)