{"id":26077,"date":"2022-12-01T09:16:48","date_gmt":"2022-12-01T09:16:48","guid":{"rendered":"https:\/\/newsdaddy.co.in\/index.php\/2022\/12\/01\/compuage-rights-issue-subscribed-0-84x-on-back-of-strong-demand\/"},"modified":"2022-12-01T09:16:48","modified_gmt":"2022-12-01T09:16:48","slug":"compuage-rights-issue-subscribed-0-84x-on-back-of-strong-demand","status":"publish","type":"post","link":"https:\/\/newsdaddy.co.in\/index.php\/2022\/12\/01\/compuage-rights-issue-subscribed-0-84x-on-back-of-strong-demand\/","title":{"rendered":"Compuage Rights Issue Subscribed 0.84x On Back Of Strong Demand"},"content":{"rendered":"<div class=\"dsprime\"><img decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/pnn.digital\/wp-content\/uploads\/2022\/12\/ANI-Image-1024x768.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<p>\u2022 Right issue of 2,07,92,258 equity shares of \u20b92 at price of \u20b9 20<\/p>\n<p>\u2022 Attractive Valuation of 5.87x PE on annualized FY23 EPS of \u20b9 3.40<\/p>\n<p>\u2022 Right issue open \/ close dates: November 23, 2022 \/ December 2, 2022.<\/p>\n<p><strong>New Delhi (India), December 1: Compuage Infocomm Ltd. (BSE CODE:&nbsp;<\/strong>532456, NSE CODE:<strong>&nbsp;<\/strong>COMPINFO), one of India&#8217;s leading Value-Added Distributors that caters to system integrators, brand stores, enterprises, retailers and more, has offered right issue in the ratio of 8:25.<\/p>\n<p>The Company is offering Rights Issue of 2,07,92,258 equity shares of \u20b9 2 at price of \u20b9 20. Post issue, the diluted equity will be \u20b9 17.15 crore The Company will garner \u20b941.58 crore to be put to use for working capital of \u20b9 31.79 crore and general corporate purpose of \u20b9 9.00 crore.<\/p>\n<p><strong>Renunciation of Rights Entitlements is on November 29 and the<\/strong>&nbsp;cumulative bid quantity as on date is 1,74,63,058 which is 0.84x of offered quantity.<\/p>\n<p>The right issue is offered at an attractive P\/E of 5.87x its annualized FY23 EPS of \u20b9 3.40.<\/p>\n<p>Right issue open \/ close dates: November 23, 2022 \/ December 2, 2022.<\/p>\n<p>Established in 1987 and listed in 2000, Compuage Infocom (Compuage), is a distribution house creating opportunities for its channel partners through aggressive market development backed by efficient supply chain management.&nbsp; Compuage focuses on Enterprise Solutions, Cloud Computing, PCs &amp; Peripherals and Hardware Services. With 46 sales offices, 27 warehouses, 69 service centres and a team of over 700+ professionals, Compuage represents 28+ global brands and supports over 12,000 online &amp; offline retailers, resellers and system integrators.<\/p>\n<p>The company is a strategic link between vendors (brands) and partners (resellers), equipping them for unprecedented levels of business performance.<\/p>\n<p>For FY22, the Company has reported total income of \u20b9 4,224 crore and net profit of \u20b9 26.7 crore.<\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2022 Right issue of 2,07,92,258 equity shares of \u20b92 at price of \u20b9 20 \u2022 Attractive Valuation of 5.87x PE on annualized FY23 EPS of \u20b9 3.40 \u2022 Right issue &hellip; <a href=\"https:\/\/newsdaddy.co.in\/index.php\/2022\/12\/01\/compuage-rights-issue-subscribed-0-84x-on-back-of-strong-demand\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[220],"class_list":["post-26077","post","type-post","status-publish","format-standard","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts\/26077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=26077"}],"version-history":[{"count":0,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/posts\/26077\/revisions"}],"wp:attachment":[{"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=26077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=26077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsdaddy.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=26077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}