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Rights Issue Status: Open [9th Sep 2024 to 24th Sep 2024]
Sru Steels Limited is offering a rights issue of Rs 47.95 Cr. The subscription period for this rights issue will be from 09 Sep 2024 to 24 Sep 2024. The company issues entitlement of 04 Rights equity shares for every fully paid-up 01 equity shares held on the record date of 31 Aug 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 10 per share.
Stay connected with us to more about Sru Steels Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
| Sru Steels Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 4.80 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹47.95 Cr |
| Face Value | ₹10 Per Equity Share |
| Rights Issue - Issue Price | ₹10 per share |
| Rights Issue Record Date | 31st Aug 2024 |
| Rights Issue Entitlement | 4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | All Money Payable at the time of Application. |
| Listing At | BSE |
| BSE Code | 540914 |
| NSE Code |
In this section we have covered all important dates related to Sru Steels 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 | 9th Sep 2024 |
| Rights Issue Issue Close Date | 24th Sep 2024 |
| Basis of Allotment Finalisation Date* | 28th Sep 2024 |
| Refunds Initiation* | 18th Sep 2024 |
| Credit of Shares to Demat Account* | 1st Oct 2024 |
| Rights Issue Listing Date* | 3rd Oct 2024 |
* - Tentative Dates
Zerodha Trade@20
Sru Steels Limited was founded in September 1995. The company is based in India and deals in various types of steel and steel products. The company offers sale of steel coils, sheets and other types of steel. The company deals in various types of steel products and also sells products on consignment basis.
It offers a range of stainless steel. It offers all types of steel grades, such as stainless steels, structural steels, carbon steels, and acts as a consignment agent. The company focuses on the development of various infrastructure and residential construction projects.
SRU Steels Limited specializes in trading and wholesaling steel and iron products, with a focus on infrastructure and housing. projects in India.
Past performance and financial results of Sru Steels .
Sru Steels Ltd's revenue increased by 10% and profit after tax (PAT) dropped by -54% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 19.8 | 17.6 | 17.97 | |||||||||||||||||||||||||||||||||||||
| Revenue | 18.32 | 16.72 | 15.05 | 27.08 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 0.32 | 0.7 | 0.23 | 0.21 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 13.73 | 13.29 | 12.67 | 12.44 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 0.55 | 0.4 | ||||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Sru Steels Rights Issue Offer Document (Letter of Offer) >>Document
Sru Steels Rights Issue Offer Document (Letter of Offer) >>Sru Steels Rights Issue Red Herring Prospectus is not yet available.
Sru Steels Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Sru Steels Rights Issue Online Application (Registrar & Transfer Agent) >>Sru Steels Rights Issue RTA information is not yet available.
Last Updated on 2024-09-16T05:32:46+00:00
