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Rights Issue Status: Upcoming [23rd Sep 2024 to 4th Oct 2024]
Synergy Green Industries Limited is offering a rights issue of Rs 45.92 Cr. The subscription period for this rights issue will be from 23 Sep 2024 to 4 Oct 2024. The company issues entitlement of 1 Rights equity shares for every fully paid-up 10 equity shares held on the record date of 11 Sep 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed atRs. 325 per share.
Stay connected with us to more about Synergy Green Industries Limited Right Issue issue size, right issue Details 2024 including entitlement, terms of payment, and more.
The company proposes to utilize the net proceeds from the issue towards funding the following objects:
| Synergy Green Industries Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 0.14 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹45.92 Cr |
| Face Value | ₹10 Per Equity Share |
| Rights Issue - Issue Price | ₹325 per share |
| Rights Issue Record Date | 11th Sep 2024 |
| Rights Issue Entitlement | 1 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The entire amount of the Issue Price of Rs. 325 per Rights Equity Share shall be payable at the time of Application. |
| Listing At | BSE, NSE |
| BSE Code | 541929 |
| NSE Code | SGIL |
In this section we have covered all important dates related to Synergy Green 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 | 23rd Sep 2024 |
| Rights Issue Issue Close Date | 4th Oct 2024 |
| Basis of Allotment Finalisation Date* | 11th Oct 2024 |
| Refunds Initiation* | 30th Sep 2024 |
| Credit of Shares to Demat Account* | 15th Oct 2024 |
| Rights Issue Listing Date* | 21st Oct 2024 |
* - Tentative Dates
Zerodha Trade@20
Synergy Green Industries Limited was incorporated in 2010 and is engaged in the foundry industry i.e. manufacturing of castings, industrial castings, turbine castings, metal castings, steel castings and windmill castings.
The company produces castings, grey cast iron and steel castings for wind turbines, wind turbine gearboxes and general engineering such as mining, pumps and plastic injection moulding in a weight range of 3 to 30 tonnes with a capacity of 30,000 tonnes.
The company has its testing laboratory for checking raw materials, processed materials and finished products. The quality of the raw materials we purchase is tested and checked in our laboratory to ensure that they meet the specified standards. The finished products are tested in our laboratory to ensure that they meet the standards and design specified by the customer, and are then packaged and shipped.
Past performance and financial results of Synergy Green Industries .
Synergy Green Industries Ltd's revenue increased by 13% and profit after tax (PAT) rose by 1233% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | ||||||||||||||||||
| Assets | 198 | 181.77 | ||||||||||||||||||
| Revenue | 328.13 | 290.42 | ||||||||||||||||||
| Profit After Tax | 11.56 | 0.87 | ||||||||||||||||||
| Net Worth | 46.69 | 35.11 | ||||||||||||||||||
| Reserves and Surplus | 20.98 | |||||||||||||||||||
| Total Borrowing | 69.22 | 72.95 | ||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Synergy Green Industries Rights Issue Offer Document (Letter of Offer) >>Document
Synergy Green Industries Rights Issue Offer Document (Letter of Offer) >>Synergy Green Industries Rights Issue Red Herring Prospectus is not yet available.
Synergy Green Industries Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Synergy Green Industries Rights Issue Online Application (Registrar & Transfer Agent) >>Synergy Green Industries Rights Issue RTA information is not yet available.
Last Updated on 2024-09-16T05:32:46+00:00
