# Everything You Need To Know About Mold-Tek Packaging Rights Issue
**URL:** https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260
**Category:** Announcements
**Created:** [October 24, 2020, 5:41am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260 "2020-10-24T05:41:14Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [October 24, 2020, 5:41am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/1 "2020-10-24T05:41:14Z")
**Update** : Mold-Tek Packaging has fixed September 23, 2021, as the record date for the purpose of ascertaining the holders of partly paid-up equity shares to whom the first and final call notice would be sent. You can check the announcement from the company [here](https://www.moldtekpackaging.com/pdf/MTPLCALLNOTICEPARTLY%20PAIDEQUITYSHARES.pdf).
As a result, the Partly Paid shares of Mold-Tek Packaging will be suspended from trading on exchanges with effect from September 22, 2021, and you will not be able to see this holdings on Kite.
| Event Schedule | |
| --- | --- |
| Payment | ₹ 135 per share |
| Call Payment Period | October 5, 2021 to October 19, 2021 |
| Allotment & Listing | Within 2 to 3 weeks from the last date of payment |
**What are the modes for payment?**
You can make call payment through the following modes:
- Through the [website of the Registrar and Transfer agent](https://www.linkintime.co.in/).
- Netbanking ASBA: Through the website of the SCSB’s.
- Physical ASBA: By submitting a physical application to the Designated Branch of SCSB’s.
- Cheque / Demand Draft.
**What will happen if I don’t make the call payment?**
If you fail to pay the call money the partly paid shares may be forfeited (the current Mold-Tek PP shares you hold will be worthless and will not trade on exchanges as the company will allot new shares under different ISIN). The company may also levy interest on the amount you owe.
* * *
* * *
Mold-Tek Packaging Limited will issue Right Entitlements (RE’s) and Warrants to anyone who holds its shares as on October 22, 2020 (record date).
These RE’s will be temporarily traded on the stock exchanges and will then be extinguished.
You can either use the RE’s to apply for the rights shares of Mold-Tek Packaging or you can sell them in the market. You can check the announcement from the company [here](https://www.bseindia.com/xml-data/corpfiling/AttachHis/D539DADF-04AB-4D50-A660-2547F19ED267-174351.pdf).
| Issue Details | |
| --- | --- |
| Ex-Date | Oct 21, 2020 |
| Record Date | Oct 22, 2020 |
| Ratio | 1 Rights Equity share along with 6 detachable Warrants for every 50 shares held |
| Issue Price per Equity Share | 180 |
| Issue Price per Warrant | 184 |
| Issue Period | Oct 28, 2020 to Nov 11, 2020 |
| RE Trading Period | Oct 28, 2020 to Nov 06, 2020 |
| Tentative Date of Allotment | Nov 18, 2020 |
| Tentative Date of Listing | Nov 27, 2020 |
**Payment Schedule for Rights Equity Shares**
| Schedule | Face Value | Premium | Total |
| --- | --- | --- | --- |
| On Application | 1.25 | 43.75 | 45 |
| Upon one or more subsequent calls made by the Company | 3.75 | 131.25 | 135 |
| Total | 5 | 175 | 180 |
**Payment Schedule for Detachable Warrants**
| Schedule | Face Value | Total |
| --- | --- | --- |
| On Application | 46 | 46 |
| On Warrant Exercise | 138 | 138 |
| Total | 184 | 184 |
**Tenure of the Warrants**
18 months from the date of allotment of the Warrants, i.e. Warrants which are not tendered to be converted into Equity Shares at the completion of the Warrant Exercise Period (18 months), shall lapse and the relevant holder/s of such Warrants shall not be entitled to allotment of the Equity Shares against such Warrants.
**Warrant Exercise Period**
A period that commences on the completion of the 1st month from the date of allotment of the Warrants and shall continue up to the completion of the 18th month from the date of allotment of the Warrants.
# How to apply for Mold-Tek Packaging rights issue?
Once you either receive the RE’s from the company or purchase it from the market, you can apply for the rights shares using Netbanking ASBA, you can check the process in [this post](https://tradingqna.com/t/how-do-i-apply-for-the-rights-issue-of-piramal-enterprises/33380/3).
You can also apply for the Rights Issue through the [website of the Registrar & Transfer Agent](https://linkintime.co.in/RightIssues/index.html).
You will need to enter your demat account’s [Beneficiary Owner ID](https://support.zerodha.com/category/your-zerodha-account/dp-id-and-bank-details/articles/what-is-my-bo-id) which is a 16-digit number while applying either on the RTA’s website or through Netbanking ASBA.
---
### Author:  [@pankushri](https://tradingqna.com/u/pankushri)
#### Post date: [October 26, 2020, 3:03pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/2 "2020-10-26T15:03:28Z")
So here I can buy right at 180 per share.
And current Market Price is 260.
Let’s say by the time of RE listing the price is 240.
So I have 60 rs profit ?
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [October 26, 2020, 3:15pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/3 "2020-10-26T15:15:31Z")
> [@pankushri](#):
>
> So here I can buy right at 180 per share.
>
> And current Market Price is 260.
>
> Let’s say by the time of RE listing the price is 240.
>
> So I have 60 rs profit ?
Not exactly. If you weren’t holding shares of Mold-Tek as on October 22nd (record date), to apply for rights shares (at Rs. 180) you will have to purchase RE’s (Rights Entitlement) in secondary market, for which you will have to pay premium to the shareholder who is selling them to you.
---
### Author:  [@pankushri](https://tradingqna.com/u/pankushri)
#### Post date: [October 26, 2020, 3:39pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/4 "2020-10-26T15:39:23Z")
So 180 + premium ? Correct
This is Like all other Right issue or something different?
Is anything to do with warrants ? Or I can consider as usual Right issue process.
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [October 26, 2020, 4:05pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/5 "2020-10-26T16:05:28Z")
> [@pankushri](#):
>
> So 180 + premium ? Correct
Right.
Though this is partly paid issue, off the Rs. 180, Rs. 45 has to be paid upfront when you apply, for remaining the company will make further calls. Just like Reliance Partly Paid issue.
> [@pankushri](#):
>
> This is Like all other Right issue or something different?
This is like all other Right issues.
> [@pankushri](#):
>
> Is anything to do with warrants ? Or I can consider as usual Right issue process.
You can consider the usual Rights Issue process.
Warrants I think are only for eligible shareholders, giving them option to excercise them anytime within specified period of 18 months to get equity shares of Mold-Tek. Not sure whether these will trade on exchange, as there was no mention regarding this in Letter of Offer, will have to wait and see what happens.
---
### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [October 27, 2020, 5:01am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/6 "2020-10-27T05:01:59Z")
RE will list on bse/nse from 28 October to 6 November …can be applied for equity share and warrants from 28 October to 11 November.
1 RE means FIRM allotment of 1 partly paid equity share ( 45 paid out of 180)and 6 partly paid warrants ( 46 paid on each out of 184) and both will have listing on stock exchanges.
warrants can be used to buy fully paid share on balance payment after one month of allotment till 18 months at the choice of warrant holder.
---
### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [October 27, 2020, 5:09am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/7 "2020-10-27T05:09:54Z")
1 RE means if you apply you will get 1 partly paid share and 6 warrants . there is no provision to apply either of these means you have to apply both together.
---
### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [October 28, 2020, 5:48am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/8 "2020-10-28T05:48:42Z")
OFFER price 1284 for 1 share and 6 warrants Market price of 7 shares 1820 Difference 536 …amount payable on Application…321 Means in my view RE should value around 240-260 …LISTED AT 116.05 and will remain in UC for 2-3 days !
---
### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [November 6, 2020, 9:30am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/9 "2020-11-06T09:30:26Z")
(1) Already applied as shareholder through ASBA and today on 6 November 2020 bought some RE and obviously it has to be applied as Renouncee. There is a provision in ASBA to modify the already made application . can i modify it and add quantity i wish to apply as renouncee because there is no provision to apply as renouncee on ASBA page.
“OR is it that Renouncee can not use ASBA but only RWAP ?”
(2) there is a provision to apply as renouncee on RWAP but will it become a multiple application as pan no , demat and bank details are same ?
@ShubhS9 @siva
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [November 6, 2020, 9:37am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/10 "2020-11-06T09:37:35Z")
> [@aniln](#):
>
> (1) Already applied as shareholder through ASBA and today on 6 November 2020 bought some RE and obviously it has to be applied as Renouncee. There is a provision in ASBA to modify the already made application . can i modify it and add quantity i wish to apply as renouncee because there is no provision to apply as renouncee on ASBA page.
You can modify the ASBA bid, you don’t have to specify renouncee if not required by the Bank.
---
### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [November 6, 2020, 11:10am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/11 "2020-11-06T11:10:09Z")
@s
[https://www.sebi.gov.in/sebi\_data/commondocs/asbaprocess1\_p.pdf](https://www.sebi.gov.in/sebi_data/commondocs/asbaprocess1_p.pdf)
" ONLY SHAREHOLDERS CAN APPLY THROUGH ASBA as per sebi …"
5. Who can apply through ASBA facility?
SEBI has been specifying the investors who can apply through ASBA. In public
issues w.e.f. May 1, 2010 all the investors can apply through ASBA.
In rights issues, all shareholders of the company as on record date are permitted
to use ASBA for making applications provided he/she/it:
a. is holding shares in dematerialized form and has applied for entitlements
or additional shares in the issue in dematerialised form;
b. has not renounced its entitlements in full or in part;
c. is not a renouncee;\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*
d. who is applying through blocking of funds in a bank account with the Self
Certified Syndicate Bank.
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [November 6, 2020, 11:33am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/12 "2020-11-06T11:33:39Z")
You already have RE’s as shareholder, and even if you purchase more from market, you can still apply as shareholder.
During the allotment, RTA does Demat check for RE’s, if you have RE’s equal to the number of shares you have applied for you will get the allotment.
If you have doubts, best if you get in touch with the RTA, you can mail them at moldtek.rights@linkintime.co.in
---
### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [November 6, 2020, 11:38am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/13 "2020-11-06T11:38:32Z")
YES i have mailed to RTA and CS and received immediate response as ::::
Dear Investor,
CAF No.: XXXX
Folio No / DP CLIENT ID.: XXXXXX
Name: XXXXXXXX
Please note that for additional market purchase RE s you can apply through R-WAP by clicking on renounce option through below link .
moreover sebi circular point no 5 sub point C clearly state that you can not be a renouncee to use ASBA …
---
### Author:  [@Amrit\_dCrus](https://tradingqna.com/u/Amrit_dCrus)
#### Post date: [November 8, 2020, 8:47am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/14 "2020-11-08T08:47:54Z")
i puchase 13 share mold tec re for 850rs in zerodha ,den i applied for right issue paying more 4300 rs through linkintime.
nw hw much ill get share n in hw much amount??plz sir reply
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [November 8, 2020, 9:05am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/15 "2020-11-08T09:05:26Z")
> [@Amrit\_dCrus](#):
>
> i puchase 13 share mold tec re for 850rs in zerodha ,den i applied for right issue paying more 4300 rs through linkintime.
> nw hw much ill get share n in hw much amount?
You will get 1 Partly Paid share of Mold-Tek and 6 Warrants for every Rights Entitlement you hold.
You hold 13 RE’s so you will be entitled to receive 13 Partly Paid shares of Mold-Tek at Rs. 45 each (paid out off 180, the company will make further calls for the remaining value, which you will have to pay if you hold the shares) and 6 Warrants for each RE you hold ie. 78 Warrants at Rs. 46 each (paid out off 184, you will have to pay the remaining amount of 138 when you convert these Warrants to fully paid equity shares).
- **A note on Warrants:**
> **Tenure of the Warrants**
>
> 18 months from the date of allotment of the Warrants, i.e. Warrants which are not tendered to be converted into Equity Shares at the completion of the Warrant Exercise Period (18 months), shall lapse and the relevant holder/s of such Warrants shall not be entitled to allotment of the Equity Shares against such Warrants.
>
> **Warrant Exercise Period**
>
> A period that commences on the completion of the 1st month from the date of allotment of the Warrants and shall continue up to the completion of the 18th month from the date of allotment of the Warrants.
---
### Author:  [@Amrit\_dCrus](https://tradingqna.com/u/Amrit_dCrus)
#### Post date: [November 8, 2020, 1:16pm UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/16 "2020-11-08T13:16:18Z")
Ohh that means overall ill loose my maximum money?if its den it was no use for applying right issue!!
---
### Author:  [@aniln](https://tradingqna.com/u/aniln)
#### Post date: [November 9, 2020, 3:04am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/17 "2020-11-09T03:04:53Z")
FOR 13 RE application you might have paid 4173 and by 17 November you will get 13 partly paid share and 78 partly paid warrants …as per present schedule the same will list on nse/bse by 27 November but has been observed in most rights cases , listing take place much earlier.
---
### Author:  [@Smitha](https://tradingqna.com/u/Smitha)
#### Post date: [November 9, 2020, 6:09am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/18 "2020-11-09T06:09:51Z")
Hi I purchased 196 shares of Moldtek -RE, on 5th and 6th November, can anyone guide me how to go about it further?, i am gone a lose the entire money if i don’t apply right issue again in linktime???
---
### Author:  [@Amrit\_dCrus](https://tradingqna.com/u/Amrit_dCrus)
#### Post date: [November 9, 2020, 6:10am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/19 "2020-11-09T06:10:05Z")
Thanks, but do i have to pay more later ?
---
### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [November 9, 2020, 6:11am UTC](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260/20 "2020-11-09T06:11:47Z")
> [@Smitha](#):
>
> Hi I purchased 196 shares of Moldtek -RE, on 5th and 6th November, can anyone guide me how to go about it further?, i am gone a lose the entire money if i don’t apply right issue again in linktime?
You will have to apply for rights shares from LinkInTime website, failing to do so by 11th November will mean you will lose all the money you have paid to purchase the RE’s, as these will be extinguished once the issue closes.
The process to apply as explained above.
> # How to apply for Mold-Tek Packaging rights issue?
>
> Once you either receive the RE’s from the company or purchase it from the market, you can apply for the rights shares using Netbanking ASBA, you can check the process in [this post](https://tradingqna.com/t/how-do-i-apply-for-the-rights-issue-of-piramal-enterprises/33380/3).
>
> You can also apply for the Rights Issue through the [website of the Registrar & Transfer Agent](https://linkintime.co.in/RightIssues/index.html).
>
> You will need to enter your demat account’s [Beneficiary Owner ID](https://support.zerodha.com/category/your-zerodha-account/dp-id-and-bank-details/articles/what-is-my-bo-id) which is a 16-digit number while applying either on the RTA’s website or through Netbanking ASBA.
[Next page](https://tradingqna.com/t/everything-you-need-to-know-about-mold-tek-packaging-rights-issue/93260.md?page=2)