SCANPOINT
GEOMATICS RIGHTS ISSUE
COMPANY
PROFILE
SCANPOINT
GEOMATICS LIMITED Established in the year 1992, Scanpoint Geomatics deals with
developing technology platforms and solutions in the field of Geographic
Information System (GIS) and remote sensing. The company pioneered India's
geospatial domain through IGiS - an indigenous technology that brings GIS,
Image Processing, Photogrammetry, and CAD together on a single platform.
Scanpoint
Geomatics Right Issue Details
Issue Details |
Values |
Category |
Right
Issue |
Right
Issue Issue Size(Shares) |
19967482
Eq Shares |
Right
Issue Issue Size(Amount) |
₹₹24.96
Cr |
Face
Value |
₹2
Per Equity Share |
Right
Issue Issue Price |
₹12.5 |
Right
Issue Entitlement |
40 Rights Equity Shares for every 99 fully paid-up
Equity Shares held on the Record date |
Right Issue Terms of payment |
50% or Rs. 6.25 will be payable on application and
remaining 50% or Rs. 6.25 will be payable on the first and final call. |
Listing
At |
BSE |
Important
Date
Right Issue
Activity |
Date |
Right Issue Issue Open Date |
30th Aug 2021 |
Right Issue Issue Close Date basis of Allotment Finalisation Date |
13th Sep 2021 20th Sep 2021 |
Refunds Initiation |
21st Sep 2021 |
Credit of Shares to Demat Account* |
21st Sep 2021 |
Right Issue Listing Date* |
23rd Sep 2021 |
Financial Reports
particular |
31-Mar-2021 |
31-Mar-2020 |
Total Assets |
₹11,531.65 Lakh |
₹9,045.23 Lakh |
Total Income |
₹4,378.79 Lakh |
₹5,299.56 Lakh |
Net Profit/Loss |
₹202.43 Lakh |
₹173.66 Lakh |
Earnings
per Equity Share (in Lakhs)
|
31-
Mar -21 |
31-
Mar- 20 |
Basic & Diluted |
0.41 |
0.35 |
Scanpoint
Geomatics Right Issue Objective
ü To
repay or prepay unsecured loans partially or fully.
ü Long
term working capital requirements, and
ü General
corporate purposes.
Strengths
and Threats/Weaknesses
Strengths –
• Geomatic
solutions in the area of enterprise GIS implementation, GIS platform, and
customized web GIS application.
• PAN
India coverage with direct sales network in 14 cities/states as well as an
indirect sales channel.
• Product
development partnership with ISRO.
• Information
security management is certified by ISO 27001:2013 and quality compliance of
OGC and CMMi3 standards.
Weaknesses –
• Inability
to continue the contractual agreement with ISRO for technical know-how may
adversely affect business financial performance.
• Technology
changes and up-gradation may significantly affect business operations.
• Negative
cash flows from operating activities in the past could impact its growth.
Promoter-
MR. RAMESHCHANDRA K. SOJITRA
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