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Rights Issue Status: Closed [5th Aug 2024 to 19th Aug 2024]
Shrydus Industries Limited offers Right Issue size of Rs 36.02 Cr. The subscription for this Rights Issue is opening from 5 Aug 2024 to 19 Aug 2024. The company issues entitlement of 5 Rights equity shares for every fully paid-up 3 equity shares held on the record date of 19 July 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 18 per share.
Stay connected with us to more about Shrydus Industries Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
The objects of the issue are:
| Shrydus Industries Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 2.00 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹36.02 Cr |
| Face Value | ₹10 Per Equity Share |
| Rights Issue - Issue Price | ₹18 per share |
| Rights Issue Record Date | 19th Jul 2024 |
| Rights Issue Entitlement | 5 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 the Issue Price of ₹ 18/- per Rights Equity Share shall be payable at the time of Application. |
| Listing At | BSE |
| BSE Code | 511493 |
| NSE Code |
In this section we have covered all important dates related to Shrydus Industries 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.
| Rights Issue Activity | Date |
|---|---|
| Rights Issue Issue Open Date | 5th Aug 2024 |
| Rights Issue Issue Close Date | 19th Aug 2024 |
| Basis of Allotment Finalisation Date* | 21st Aug 2024 |
| Refunds Initiation* | 14th Aug 2024 |
| Credit of Shares to Demat Account* | 26th Aug 2024 |
| Rights Issue Listing Date* | 28th Aug 2024 |
* - Tentative Dates
Zerodha Trade@20
Shrydus Industries Limited was incorporated in January 1983 as “Hazari Trade and Holdings Limited”. The company is acquiring a 100% export oriented pharmaceutical manufacturing plant for tablets and capsules with over 400 products, registered under the name of Astra Lifecare (India) Private Limited in the Gujarat region of India. The pharmaceutical plant is to be acquired by acquiring 100% of the shares and ownership. The company intends to use the rights issue proceeds to acquire the pharmaceutical manufacturing facility.
Past performance and financial results of Shrydus Industries .
Shrydus Industries Ltd's revenue increased by 1.52% and profit after tax (PAT) rose by 75.33% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 16.89 | 6.91 |
| Revenue | 9.45 | 9.31 |
| Profit After Tax | 0.52 | 0.30 |
| Reserves and Surplus | -6.05 | -7.75 |
| Amount in ₹ Crore | ||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Shrydus Industries Rights Issue Offer Document (Letter of Offer) >>Document
Shrydus Industries Rights Issue Offer Document (Letter of Offer) >>Shrydus Industries Rights Issue Red Herring Prospectus is not yet available.
Shrydus Industries Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Shrydus Industries Rights Issue Online Application (Registrar & Transfer Agent) >>Shrydus Industries Rights Issue RTA information is not yet available.
Last Updated on 2024-08-22T05:32:49+00:00
