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SEPC Rights Issue Details 2024

Rights Issue Status: Closed [5th Jul 2024 to 19th Jul 2024]

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SEPC Rights Issue Detail

SEPC Limited is offering a rights issue of Rs 200 Cr. The subscription period for this rights issue will be 5 Jul 2024 to 19 July 2024. The company issues entitlement of 06 Rights equity shares for every fully paid-up 55 equity shares held on the record date of 25 June 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 13 per share.

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

SEPC Rights Issue Objective

The company proposes to utilize the net proceeds from the issue towards funding the following objects:

  1. Repayment/Pre-payment, in full or part, of certain borrowings availed by the Company;
  2. To augment the existing and incremental working capital requirement of the Company; and
  3. General Corporate Purposes.

SEPC Rights Issue Details

SEPC Issue Details Values
Category Rights Issue
Rights Issue Issue Size (Shares) 15.38 Cr Shares
Rights Issue Issue Size (Amount) ₹200.00 Cr
Face Value ₹10 Per Equity Share
Rights Issue - Issue Price ₹13 per share
Rights Issue Record Date 25th Jun 2024
Rights Issue Entitlement 6 Rights Equity Share(s) for every 55 fully paid-up Equity Shares held on Record Date
Rights Issue Terms of payment
Listing At BSE, NSE
BSE Code 532945
NSE Code SEPC

SEPC Rights Issue Dates

In this section we have covered all important dates related to SEPC 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.

SEPC Rights Issue important dates
Rights Issue Activity Date
Rights Issue Issue Open Date 5th Jul 2024
Rights Issue Issue Close Date 19th Jul 2024
Basis of Allotment Finalisation Date* 24th Jul 2024
Refunds Initiation* 12th Jul 2024
Credit of Shares to Demat Account* 29th Jul 2024
Rights Issue Listing Date* 31st Jul 2024

* - Tentative Dates

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About Company - SEPC

SEPC Limited was founded in June 2000. The company is one of the leading providers of integrated design, engineering, procurement, construction and project management services for renewable energy projects, process and metallurgical plants and municipal services across India and one of the leading manufacturers of 250KW wind turbines (WTGs) in India.

The company is engaged in engineering, procurement and construction, providing integrated turnkey solutions for biomass-based power plants, bioethanol production plants, process and metallurgical plants (including thermal power plants), water and wastewater treatment plants, water and wastewater infrastructure and pipe rehabilitation.

The company is headquartered in Chennai (formerly Madras), Tamil Nadu, with additional offices in Mumbai, New Delhi, Kolkata and Beijing, and WTG and cooling tower factories in Puducherry, Chennai and Umbergaon (Gujarat). The company's core services include detailed planning and engineering, material procurement and overall project and construction management. The company is divided into two segments: Engineering, Procurement and Construction (“EPC” projects) and Wind Turbine Development, Sales and Maintenance.

EPC projects in the renewable energy sector primarily include projects for power generation from biomass, combined heat and power and bioethanol plants. They believe that their experience and technical expertise in the renewable energy sector provides us with a platform to capitalize on the growing demand for alternative energy and fuel sources in India and abroad.

SEPC Financials for past 3 Years

Past performance and financial results of SEPC.

SEPC Limited Financial Information (Restated Consolidated)

SEPC Limited's revenue increased by 52.23% and profit after tax (PAT) rose by 564.61% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,209.302,001.822,223.22
Revenue607.21398.88340.59
Profit After Tax22.78-4.90-263.70
Net Worth1,211.891,088.09739.47
Total Borrowing452.14405.83978.27
Amount in ₹ Crore

SEPC Rights Issue Live Subscription (NSE + BSE)

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

    Company Address

    SEPC Limited
    4th Floor, Bascon Futura SV, IT Park Venkatanarayana Road, Parthasarathy Puram
    Chennai,Tamil Nadu-60017
    India
    Website: http://www.shriramepc.com/
    Phone: +91 44 4900 5555
    Email: [email protected]

    Registrar

    Cameo Corporate Services Limited
    Cameo Corporate Services Ltd.,
    Subramanian Building # 1, Club House Road,
    Chennai 600 002 - India
    Website: https://ipo.cameoindia.com/
    Phone: +91-44-28460390
    Email: [email protected]

    Lead Manager

    1. Sumedha Fiscal Services Limited

    SEPC Rights Issue Offer Document (Letter of Offer) >>Document

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

    SEPC Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application

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

    SEPC 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 SEPC? Should I apply in SEPC Rights Issue?

    Last Updated on 2024-07-22T05:32:46+00:00


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