Vaxfab Enterprise
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Vaxfab Enterprises' board on 1 October approved a rights issue of equity shares of face value ₹10 to raise up to ₹45 crore from existing shareholders, with the price, entitlement ratio and record date to be set later. The board also approved the draft letter of offer and formed a three-member rights issue committee to appoint intermediaries and complete the issue formalities. The company had allotted 8,26,761 shares at ₹21.02 on 17 August, taking paid-up equity capital to ₹25.83 crore, and its board had proposed raising authorised capital to ₹50 crore in September. Consolidated operating revenue was about ₹131 crore in FY26, while operating revenue in the June quarter was ₹0.40 crore with a consolidated loss of ₹3.06 crore. Standalone receivables were ₹106.9 crore and payables were ₹110.9 crore against cash of ₹2.1 crore at the end of FY26.
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Vaxfab Enterprises' board on 1 October approved a rights issue of equity shares of face value ₹10 to raise up to ₹45 crore from existing shareholders, with the price, entitlement ratio and record date to be set later. The board also approved the draft letter of offer and formed a three-member rights issue committee to appoint intermediaries and complete the issue formalities. The company had allotted 8,26,761 shares at ₹21.02 on 17 August, taking paid-up equity capital to ₹25.83 crore, and its board had proposed raising authorised capital to ₹50 crore in September. Consolidated operating revenue was about ₹131 crore in FY26, while operating revenue in the June quarter was ₹0.40 crore with a consolidated loss of ₹3.06 crore. Standalone receivables were ₹106.9 crore and payables were ₹110.9 crore against cash of ₹2.1 crore at the end of FY26.
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Oct 1 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
APPROVES FUND RAISING OF UP TO 450 MILLION RUPEES VIA RIGHTS ISSUE
Source text: ID:nBSE8vL1Kr
Further company coverage: VAXF.BO
(([email protected];))
Oct 1 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
APPROVES FUND RAISING OF UP TO 450 MILLION RUPEES VIA RIGHTS ISSUE
Source text: ID:nBSE8vL1Kr
Further company coverage: VAXF.BO
(([email protected];))
On 17 August, Vaxfab Enterprises allotted 8,26,761 equity shares at ₹21.02 each to nine investors on conversion of preferential warrants. The warrants required ₹5.255 per warrant at allotment and ₹15.765 on conversion, while paid-up equity capital rose to ₹25.83 crore, comprising 2,58,26,406 shares of ₹10 each. In May, six investors converted 19.50 lakh warrants at the same ₹21.02 price. Vaxfab reported consolidated operating revenue of ₹131.26 crore for FY26, while consolidated operating revenue in Q1 FY27 was ₹0.40 crore.
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On 17 August, Vaxfab Enterprises allotted 8,26,761 equity shares at ₹21.02 each to nine investors on conversion of preferential warrants. The warrants required ₹5.255 per warrant at allotment and ₹15.765 on conversion, while paid-up equity capital rose to ₹25.83 crore, comprising 2,58,26,406 shares of ₹10 each. In May, six investors converted 19.50 lakh warrants at the same ₹21.02 price. Vaxfab reported consolidated operating revenue of ₹131.26 crore for FY26, while consolidated operating revenue in Q1 FY27 was ₹0.40 crore.
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Vaxfab Enterprises allotted 8,26,761 equity shares at ₹21.02 each to nine investors after they exercised preferentially issued warrants. The new shares ranked pari passu with existing stock and lifted paid-up equity capital to ₹25.83 crore, comprising 2,58,26,406 shares. Investors paid ₹15.765 per warrant on conversion, following the ₹5.255 paid when the warrants were originally allotted. The company had converted 19.50 lakh warrants at the same price in May 2026, while FY26 consolidated revenue from operations was ₹131.26 crore.
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Vaxfab Enterprises allotted 8,26,761 equity shares at ₹21.02 each to nine investors after they exercised preferentially issued warrants. The new shares ranked pari passu with existing stock and lifted paid-up equity capital to ₹25.83 crore, comprising 2,58,26,406 shares. Investors paid ₹15.765 per warrant on conversion, following the ₹5.255 paid when the warrants were originally allotted. The company had converted 19.50 lakh warrants at the same price in May 2026, while FY26 consolidated revenue from operations was ₹131.26 crore.
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Jan 6 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
APPOINTS NIKHIL KUMAR GUPTA AS CFO
MUBSHARA MAHAMMADHANIF KACHHOT RESIGNS AS CFO
Source text: ID:nBSEb6XpRK
Further company coverage: VAXF.BO
(([email protected];))
Jan 6 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
APPOINTS NIKHIL KUMAR GUPTA AS CFO
MUBSHARA MAHAMMADHANIF KACHHOT RESIGNS AS CFO
Source text: ID:nBSEb6XpRK
Further company coverage: VAXF.BO
(([email protected];))
Sept 5 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
VAXFAB ENTERPRISES LTD - TO ISSUE CONVERTIBLE WARRANTS AGGREGATING TO 535.9 MILLION RUPEES
Source text: ID:nBSEQ7W01
Further company coverage: VAXF.BO
(([email protected];;))
Sept 5 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
VAXFAB ENTERPRISES LTD - TO ISSUE CONVERTIBLE WARRANTS AGGREGATING TO 535.9 MILLION RUPEES
Source text: ID:nBSEQ7W01
Further company coverage: VAXF.BO
(([email protected];;))
Aug 29 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
TO RAISE FUNDS VIA PREFERENTIAL ISSUE
Source text: ID:nBSE4BnJ8R
Further company coverage: VAXF.BO
(([email protected];;))
Aug 29 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
TO RAISE FUNDS VIA PREFERENTIAL ISSUE
Source text: ID:nBSE4BnJ8R
Further company coverage: VAXF.BO
(([email protected];;))
July 2 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
VAXFAB ENTERPRISES LTD - APPOINTS MUBSHARA KACHHOT AS CFO EFFECTIVE JULY 2, 2025
Source text: ID:nBSE7Sxfxb
Further company coverage: VAXF.BO
(([email protected];;))
July 2 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
VAXFAB ENTERPRISES LTD - APPOINTS MUBSHARA KACHHOT AS CFO EFFECTIVE JULY 2, 2025
Source text: ID:nBSE7Sxfxb
Further company coverage: VAXF.BO
(([email protected];;))
April 23 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
VAXFAB ENTERPRISES LTD - DEVI SINGH RESIGNED AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE8BqBmc
Further company coverage: VAXF.BO
(([email protected];))
April 23 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
VAXFAB ENTERPRISES LTD - DEVI SINGH RESIGNED AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE8BqBmc
Further company coverage: VAXF.BO
(([email protected];))
May 2 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
APPOINTED MUKESH DAYASINGH KAPURIYA AS CFO
YASH CHAUHAN RESIGNS AS CFO
Source text for Eikon: ID:nBSEbXBjPg
Further company coverage: VAXF.BO
(([email protected];))
May 2 (Reuters) - Vaxfab Enterprises Ltd VAXF.BO:
APPOINTED MUKESH DAYASINGH KAPURIYA AS CFO
YASH CHAUHAN RESIGNS AS CFO
Source text for Eikon: ID:nBSEbXBjPg
Further company coverage: VAXF.BO
(([email protected];))
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What does Vaxfab Enterprise do?
Vaxfab Enterprises Limited, formerly known as Ellora Trading Limited, is a company incorporated in 1983 in Ahmedabad, Gujarat. They are engaged in the trading of fabrics and garments.
Who are the competitors of Vaxfab Enterprise?
Vaxfab Enterprise major competitors are Positron Energy, Metroglobal, AVI Polymers, Swadeshi Inds.&Leas., Amrapali Industries, Brand Concepts, Rama Vision. Market Cap of Vaxfab Enterprise is ₹170 Crs. While the median market cap of its peers are ₹176 Crs.
Is Vaxfab Enterprise financially stable compared to its competitors?
Vaxfab Enterprise seems to be less financially stable compared to its competitors. Altman Z score of Vaxfab Enterprise is 0.53 and is ranked 8 out of its 8 competitors.
Does Vaxfab Enterprise pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Vaxfab Enterprise latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Vaxfab Enterprise allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Vaxfab Enterprise balance sheet?
Vaxfab Enterprise balance sheet is weak and might have solvency issues
Is the profitablity of Vaxfab Enterprise improving?
The profit is oscillating. The profit of Vaxfab Enterprise is -₹3.36 Crs for TTM, ₹0.58 Crs for Mar 2025 and -₹3.57 Crs for Mar 2024.
Is the debt of Vaxfab Enterprise increasing or decreasing?
Yes, The net debt of Vaxfab Enterprise is increasing. Latest net debt of Vaxfab Enterprise is ₹41.61 Crs as of Mar-26. This is greater than Mar-25 when it was ₹7.39 Crs.
Is Vaxfab Enterprise stock expensive?
Vaxfab Enterprise is not expensive. Latest PE of Vaxfab Enterprise is 0, while 3 year average PE is 72.46. Also latest EV/EBITDA of Vaxfab Enterprise is 0.0 while 3yr average is 36.87.
Has the share price of Vaxfab Enterprise grown faster than its competition?
Vaxfab Enterprise has given better returns compared to its competitors. Vaxfab Enterprise has grown at ~177.15% over the last 2yrs while peers have grown at a median rate of 22.28%
Is the promoter bullish about Vaxfab Enterprise?
There is Insufficient data to gauge this.
Are mutual funds buying/selling Vaxfab Enterprise?
There is Insufficient data to gauge this.