Veerhealth Care Limited

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RI Price

₹25

Issue Dates

TBA

Expert Rating

Avoid

Veerhealth Care Limited (formerly Niyati Leasing Limited) is engaged in the business of trading and manufacturing and marketing research based ayurvedic medicines. Financials of the company are improving with very low RoE and negative cash-flow. The price of Right Issue is higher than CMP, so one may buy directly from the market. So we give AVOID rating to this right issue and those who are holding it, may sell rights.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

Period	Total Income	Total Expenses	Profit After Tax (PAT)
Q3FY24	10.28	9.47	0.92
FY23	13.28	12.78	1.58
FY22	9.64	10.46	(0.07)
FY21	10.62	10.56	0.38
FY20	11.72	11.04	0.32
FY19	5.98	5.54	0.16

Record Date	Nov 30, -0001
Start Date	Nov 30, -0001
Close Date	Nov 30, -0001
Allotment Date	Nov 30, -0001
Listing Date	—
RI Price	Rs 25/- Per Equity Share
Entitlement Ratio	1:2

Veerhealth Care Limited

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