Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Rights Issue Status: Upcoming [4th Nov 2024 to 25th Nov 2024]
Ushanti Colour Chem (NSE-UCL) approves rights offer worth Rs 2.94 crores. The company issues 5.35 lakh shares at an issue price of Rs 55 per share. The rights shares are offered in the ratio of 5:100, 5 rights shares for every 100 fully paid-up equity shares held on the record date, October 11.
The Rights Issue opens for subscription from 4 Nov to 25 Nov 2024.
Get more updates on the Ushanti Colour Chem Rights Issue 2024 including rights issue entitlement, offer price, terms of payment, and more.
The Company proposes to utilize the Net Proceeds towards the following objectives:
| Ushanti Colour Chem Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 0.05 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹2.94 Cr |
| Face Value | ₹10 Per Equity Share |
| Rights Issue - Issue Price | ₹55 per share |
| Rights Issue Record Date | 11th Oct 2024 |
| Rights Issue Entitlement | 5 Rights Equity Share(s) for every 100 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The full amount of the Issue Price (including the Premium) will be payable on application. |
| Listing At | NSE |
| BSE Code | |
| NSE Code | UCL |
In this section we have covered all important dates related to Ushanti Colour Chem 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 | 4th Nov 2024 |
| Rights Issue Issue Close Date | 25th Nov 2024 |
| Basis of Allotment Finalisation Date* | |
| Refunds Initiation* | |
| Credit of Shares to Demat Account* | |
| Rights Issue Listing Date* |
* - Tentative Dates
Zerodha Trade@20
Founded in 1961, Ushanti Colour Chem manufactures a wide range of Reactive and Direct Dyestuffs, (Synthetic Organic Dyes) and Pigments. Further, it manufactures Copper Phthalocyanine, Blue Crude to manufacture Dyestuffs.
The Pigments and dyes manufactured are used as raw materials in various industries, including Cotton, textile, Paper, Leather, Paint, Wool, Nylon, Plastic, and Ink industries. The company generates most of its revenues from exports. Its products are being exported to countries, like Turkey, Egypt, Bangladesh, Pakistan, Indonesia, China, Argentina, Netherlands, Belgium, Hong Kong, Korea, Peru, the United Kingdom, Brazil, Malaysia, etc
The company has manufacturing plants in Vatwa and Saykha. It manufactures more than 4000 MT per year.
Past performance and financial results of Ushanti Colour Chem .
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||
| Assets | 100.22 | 60.39 | ||||||||||||||||||
| Revenue | 47.21 | 48.13 | ||||||||||||||||||
| Profit After Tax | 0.98 | 1.16 | ||||||||||||||||||
| Reserves and Surplus | 36.31 | 21.15 | ||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||
The table below is live update of Rights Issue bidding details from NSE and BSE.
Ushanti Colour Chem Rights Issue Offer Document (Letter of Offer) >>Document
Ushanti Colour Chem Rights Issue Offer Document (Letter of Offer) >>Ushanti Colour Chem Rights Issue Red Herring Prospectus is not yet available.
Ushanti Colour Chem Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
Ushanti Colour Chem Rights Issue Online Application (Registrar & Transfer Agent) >>Ushanti Colour Chem Rights Issue RTA information is not yet available.
Last Updated on 2024-10-05T05:32:46+00:00
