Suditi Industries 2022 Rights Issue Date will be accessible from September 15th to September 21st, 2022. The business has designated September 6, 2022, as the record date for the rights provided. The company will offer 97,52,290 shares via this rights issue and will receive 29.26 crores through this transaction. and the company Suditi Industries Rights Issue The price of this issuance has been set at $30 per share, based on a face value of $10.
Suditi Industries Limited is in the business of manufacturing, buying, selling, importing, and exporting readymade garments made of woven, knitted, felted, netted, looped, or flocked fabrics made of all kinds of fiber whether natural, synthetic, or manmade, as well as executing on the business of manufacturers, importers and exporters, wholesale and retail dealers of and in hosiery goods of every kind, nature, and description, for men, women, and children
The company has three locations for production, two of which are located in Maharashtra at MIDC, TTC Industrial Area, Pawne Village, Turbhe, Navi Mumbai, and the third in Gujarat at Vapi in District Valsad. Our Garments section has an annual installed capacity of 12 lakh pieces per year. In addition, our Dyeing section has an annual installed capacity of 4,050 Metric Tonnes.
Purpose of the IPO Issue :
- Augmentation of existing and incremental Working Capital requirement of our Company.
- Part repayment or prepayment of Unsecured Loans / Inter‐Corporate Deposits availed by our Company from our Promoter and Promoter group companies forming part of Promoter Group.
- Part repayment/pre‐payment of certain secured loans availed from lenders.
- General Corporate purposes.
- Issue related expenses.
Suditi Industries Rights issue 2022 Date & Price Details :
| Issue Open : | 15 September 2022 |
| Issue Close : | 21 September 2022 |
| Record Date : | 06 September 2022 |
| Issue Size : | ₹29.26 Cr |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹30 Per Share |
| Listing On : | BSE |
| Issue Shares Offer : | 97,52,290 |
| Ratio : | 5:9 |
Suditi Industries Rights issue 2022 Date :
| Bid Open Date : | 15 September 2022 |
| Bid Close Date : | 21 September 2022 |
| Record Date : | 06 September 2022 |
| Allotment Date : | 27 September 2022 |
| Share Credit Date : | 29 September 2022 |
| Listing Date : | 03 October 2022 |
Suditi Industries Financial Report (Cr):
| Year | Revenue | Expense | P&L |
|---|---|---|---|
| 2022 | ₹103 | ₹120 | ₹-35 |
| 2021 | ₹50 | ₹61 | ₹-18 |
| 2020 | ₹95 | ₹90 | ₹-2 |
Suditi Industries Rights Issue Registrar :
Link intime India Private Limited
C ‐101, 1st Floor, 247 Park, LBS Marg,
Vikhroli (West), Mumbai – 400083, Maharashtra, India
Tel: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: https://www.linkintime.co.in
Investor Grievance Email: [email protected]
Company Address :
Suditi Industries Limited
C‐253/254, MIDC,
TTC Industrial Area, Pawne Village,
Turbhe, Navi Mumbai – 400705,
Phone: +9122‐67368600
Email: [email protected]
Website: https://suditi.in
Suditi Industries Rights Issue Lead Manager :
Chartered Finance Management Private Limited
(Formerly known as Chartered Finance Management Limited)
2nd Floor, Wakefield House, Sprott Road, Ballard Estate,
Mumbai – 400038, Maharashtra, India
Tel. No.: +91 22 22696944 / 22675708
Email: [email protected]
Website: https://www.charteredfinance.in
How to apply Suditi Industries Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select Suditi Industries Rights Issue from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
Suditi Industries Rights Issue 2022 FAQs :
Q1. What is Suditi Industries Rights Issue Open Date?
Ans. Suditi Industries Rights Issue 2022 Open date is 15 September 2022.
Q2. What is Suditi Industries Rights Issue Close Date?
Ans. Suditi Industries Rights Issue 2022 Close date is 21 September 2022.
Q3. When is Suditi Industries Rights Issue 2022 Record Date?
Ans. Suditi Industries Rights Issue 2022 record date is 06 September 2022.
Q4. What is Suditi Industries Rights Issue Price?
Ans. The company has fixed the price at ₹30 per share.
Q5. What is Suditi Industries Rights Issue 2022 Size?
Ans. The company Suditi Industries Rights Issue Size is ₹29.26 Cr.
Q6. What is Suditi Industries Rights Issue Ratio?
Ans. The company has fixed the ratio Of 5:9.
Q7. How to apply for Suditi Industries Rights Issue 2022?
Ans. You can apply for the Suditi Industries Rights Issue in two ways:
1. Net Banking (ASBA)
2. Registrar’s Website
