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Sadhana Nitrochem Rights Issue Details 2024

Rights Issue Status: Closed [20th Sep 2024 to 4th Oct 2024]

Rated 3/5 by Team InvestorGain

Sadhana Nitrochem  Rights Issue Detail

Sadhana Nitrochem Limited is offering a rights issue of Rs 49.91 Cr. The subscription period for this rights issue will 20 Sept to 4 Oct 2024 The company issues entitlement of 1 Rights equity shares for every fully paid-up 3 equity shares held on the record date of 13 Sept 2024. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 6.06 per share.

Stay connected with us to more about Sadhana Nitrochem Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.

Sadhana Nitrochem Rights Issue Objective

The objects of the issue are as under:

  • Financing the acquisition of a 126-acre plot of land.
  • Issue related expenses

Sadhana Nitrochem Rights Issue Details

Sadhana Nitrochem Issue Details Values
Category Rights Issue
Rights Issue Issue Size (Shares) 8.24 Cr Shares
Rights Issue Issue Size (Amount) ₹49.91 Cr
Face Value ₹1 Per Equity Share
Rights Issue - Issue Price ₹6.06 per share
Rights Issue Record Date 13th Sep 2024
Rights Issue Entitlement 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date
Rights Issue Terms of payment

The entire amount of Rs 6.06 (including a premium of Rs 5.06) is payable at the time of application

Listing At BSE, NSE
BSE Code 506642
NSE Code SADHNANIQ

Sadhana Nitrochem Rights Issue Dates

In this section we have covered all important dates related to Sadhana Nitrochem Rights Issue. Dates are updated as they are announced. The most noted dates are Rights Issue start date and Rights Issue end date, which one should use to participate in Rights Issue.

Sadhana Nitrochem Rights Issue important dates
Rights Issue Activity Date
Rights Issue Issue Open Date 20th Sep 2024
Rights Issue Issue Close Date 4th Oct 2024
Basis of Allotment Finalisation Date*
Refunds Initiation* 25th Sep 2024
Credit of Shares to Demat Account*
Rights Issue Listing Date*

* - Tentative Dates

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About Company - Sadhana Nitrochem

Sadhana Nitro Chem Limited was established in 1973 and manufactures downstream derivatives of nitrobenzene and other intermediates for various applications in the aerospace, pharmaceutical and agrochemical industries, optical brighteners, plastic additives, specialty fibres, epoxy curing agents, dyes and performance chemicals.

Through its wholly-owned subsidiary Anuchem b.v.b.a. in Antwerp, Belgium, SNCL offers its European customers a fast and reliable service. SNCL is a state-recognised 2-star Golden Export House.

This company offers the following products:

Nitrobenzene NB, Meta-Aminophenol MAP, Para-Aminophenol PAP, 3,3 Dinitro Diphenyl Sulfone 3,3 DNDS, Metanilic Acid MA, Aniline ANI, Ortho-Aminophenol OAP, Aniline 2,5 Disulfonic Acid ANDS 2,5, 4,4-diamino diphenyl ether ODA, ammonium sulphate AMS, 1,2,3,4-butane tetracarboxylic acid BTCA, dibutylketo acid DBKA, 2-anilino-6-dibutylamino-3-methylfluorane ODB2, diethylketo acid DEKA.

Sadhana Nitrochem Financials for past 3 Years

Past performance and financial results of Sadhana Nitrochem .

Sadhana Nitrochem Limited Financial Information (Restated Consolidated)

Sadhana Nitrochem Limited's revenue increased by 34% and profit after tax (PAT) rose by 28% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets531.89426.1386.2
Revenue194.01145.13136.88
Profit After Tax4.083.186.22
Net Worth232.29228.55164.26
Reserves and Surplus89.9786.27
Amount in ₹ Crore

Sadhana Nitrochem Rights Issue Live Subscription (NSE + BSE)

The table below is live update of Rights Issue bidding details from NSE and BSE.

    Company Address

    Sadhana Nitrochem Limited
    Hira Bagh, First Floor
    Kasturba Chawk (C.P. Tank)
    Mumbai ,Maharashtra -400 004
    India
    Website: https://www.sncl.com/
    Phone: 912268663300
    Email: [email protected]

    Registrar

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Website: https://linkintime.co.in/Initial_Offer/public-issues.html
    Phone: +91-22-4918 6270
    Email: [email protected]

    Lead Manager

    Sadhana Nitrochem Rights Issue Offer Document (Letter of Offer) >>Document

    Sadhana Nitrochem Rights Issue Offer Document (Letter of Offer) >>Sadhana Nitrochem Rights Issue Red Herring Prospectus is not yet available.

    Sadhana Nitrochem Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Sadhana Nitrochem Rights Issue Online Application (Registrar & Transfer Agent) >>Sadhana Nitrochem Rights Issue RTA information is not yet available.

    Sadhana Nitrochem Rights Issue Important dates - Issue Open Date, close Date, Rights Issue Listing Date. Rights Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Rights Issue Listing date. What is the issue open date and close date for Sadhana Nitrochem ? Should I apply in Sadhana Nitrochem Rights Issue?

    Last Updated on 2024-10-05T05:32:46+00:00


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