Iykot Hitech Toolroom Limited is a company that manufactures and distributes tools, dies, molds, and plastic components. It is also a designer of injection molds in India. Itsproducts are used in the automotive and consumer products industries.
Iykot Hitech Toolroom’s factory in Nagalkeni has seven molding machines that can produce components ranging from 150 to 850 tons.The company has also partnered with the Nettur Technical Training Foundation (NTTF) Bangalore for technology.
Iykot Hitech Toolroom Rights Issue 2024 Detail
| Issue Open | April 24, 2024 – April 30, 2024 |
| Security Name | Iykot Hitech Toolroom Ltd. |
| Issue Size (Shares) | 14,196,000 |
| Issue Size (Amount) | ₹9.94 Crores |
| Issue Price | ₹7 per share |
| Face Value | ₹5 per share |
| Listing At | BSE |
| Terms of Payment | On Application: ₹1.75 per Equity Share (₹ 1.25 towards face value and ₹0.50 towards premium) On one or more calls: ₹ 5.25 per Equity Share (₹3.75 towards face value and ₹ 1.50 towards premium). |
| Entitlement | 7 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date |
Iykot Hitech Toolroom Rights Issue 2024 Issue Timetable
| Last Date to buy shares | April 2, 2024 |
| Record Date | April 3, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | April 24, 2024 |
| Renunciation of Rights Entitlements | |
| Bid/Offer Closes On | April 30, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Company Financials
Iykot Hitech Toolroom Ltd. Financial Information (Restated)
Iykot Hitech Toolroom Ltd.’s revenue decreased by -72.1% and profit after tax (PAT) dropped by -663.19% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 3.59 | 5.16 | 4.97 |
| Revenue | 2.35 | 8.41 | 6.31 |
| Profit After Tax | -1.13 | 0.20 | 0.03 |
| Reserves and Surplus | 0.15 | 1.28 | 1.08 |
| Amount in ₹ Crore | |||
Company Contact Information
Iykot Hitech Toolroom Ltd.
131/2, Thiruneermalai Road
Nagalkeni, Chrompet
Chennai-600044
Phone: +91-44-43162280
Email: info@iykot.com
Website: https://iykot.com/