Compuage Infocom Rights Issue will open for subscription from 23 November 2022. The company aims for an issue size of ₹41.58 Crores through this rights issue.
Compuage Infocom Limited
Compuage Infocom Limited is one of India’s leading Value Added Distributors that caters to system integrators, brand stores, enterprises, retailers, and more. The company offers world-class cloud, networking, cybersecurity, storage, and server solutions. With offices and service centers pan India, the company serves the growing network of 12000+ online/offline partners and system integrators- facilitating convenient business operations. Compuage has 69 service centers. The company offers services such as Consulting Services, Under Warranty After Warranty Services, and Technical Support for IT Environment.
Objects of the Issue
- Augment working capital requirements.
- General corporate purposes.
Compuage Infocom Rights Issue Timetable
| Record Date | 14 November 2022 |
| Credit of Rights Entitlements | 19 November 2022 |
| Bid/Offer Opens On | 23 November 2022 |
| Renunciation of Rights Entitlements | 29 November 2022 |
| Bid/Offer Closes On | 02 December 2022 |
| Deemed Date of Allotment | 13 December 2022 |
| Credit Date | 16 December 2022 |
| Listing Date | 21 December 2022 |
Compuage Infocom Rights Issue Details
| Issue Open | Nov 23, 2022 – Dec 2, 2022 |
| Security Name | Compuage Infocom Limited |
| Issue Size (Shares) | 20,792,258 |
| Issue Size (Amount) | ₹41.58 Crores |
| Issue Price | ₹20 per share |
| Face Value | ₹2 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The entire amount of Rs. 20 per Rights Equity share is to be paid at the time of application |
| Entitlement | 8 Equity Shares for every 25 Equity Shares held on the Record Date |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 113.28 | 3747.18 | 20.68 |
| 31-Mar-22 | 1180.52 | 4223.95 | 26.75 |
Lead Manager(s)
- Mark Corporate Advisors Private Limited
Rights Issue Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: compuage.rights@linkintime.co.in
Website: https://linkintime.co.in/
Company Contact Information
Compuage Infocom Limited
D601 Lotus Corporate Park,
Ram Mandir Lane, Western Express Highway,
Goregaon(East), Mumbai, 400063
Phone: +91 22 67114444
Email: info@compuageindia.com
Website: https://compuageindia.com/
Final thoughts
Compuage Infocom Rights Issue is going to open for subscription soon. applying for rights Issue is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
