SEPC Limited, founded in 2000, offers engineering solutions through multidisciplinary design, procurement, construction, and project management services. The company’s primary markets are Process & Metallurgy, Power, Water Infrastructure, and Mining & Mineral Processing.
Ahmedabad Urban Development Corporation, Bangalore Water Supply and Sewerage Board, Basra Governorate, Republic of Iraq, Konkola Copper Mines plc, Zambia, and many others belong to SEPC Limited’s customers.
SEPC Limited is offering a right issue of 49,900,000 equity shares valued at Rs 49.90 crore. The subscription period for this Rights Issue is from 10 April 2023 to 24 April 2023. On the record date of March 28, 2023, the business issues 02 Rights equity shares for every fully paid-up 53 equity shares held.
A share has a face value of Rs.10 per share, and the right issue price is fixed at Rs.10 per share. Stay tuned for further information on the SEPC Limited Right Issue Details 2023, including issue size, right issue entitlement, payment terms, and more.
Objects of the Issue:
The company proposes to utilize the net proceeds from the issue towards funding the following objects:
- To augment the existing and incremental working capital requirement of our Company
- General Corporate Purposes
SEPC Rights Issue 2023 Detail
| Issue Open | Apr 10, 2023 – Apr 24, 2023 |
| Security Name | SEPC Limited |
| Issue Size (Shares) | 49,900,000 |
| Issue Size (Amount) | ₹49.90 Crores |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The entire amount of the Issue Price of Rs.10/- per Rights Equity Share shall be payable at the time of Application. |
| Entitlement | 2 Rights Equity Share(s) for every 53 fully paid-up Equity Shares held on Record Date |
SEPC Rights Issue 2023 Issue Timetable
| Last Date to buy shares | Mar 28, 2023 |
| Record Date | Mar 29, 2023 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | Apr 10, 2023 |
| Renunciation of Rights Entitlements | Apr 18, 2023 |
| Bid/Offer Closes On | Apr 24, 2023 |
| Deemed Date of Allotment | May 3, 2023 |
| Credit Date | May 5, 2023 |
| Listing Date | May 8, 2023 |
SEPC Limited Financial Information (Restated Consolidated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 2,602.65 | 1,258.87 | -77.26 |
| 31-Mar-21 | 2,416.29 | 606.13 | -179.47 |
| 31-Mar-22 | 2,223.22 | 340.59 | -263.70 |
Company Contact Information
SEPC Limited
4th Floor, BASCON FUTURA SV IT Park,
Venkatnarayana Road, Parthasarathy Puram,
T. Nagar, Chennai – 600017
Phone: +91-44-4900 5555
Email: [email protected]
Website: http://www.sepc.in
SEPC Rights Issue 2023 Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com
SEPC Rights Issue 2023 FAQs
Q1. When is SEPC Rights Issue 2023 coming?
Ans. The SEPC Rights Issue 2023 opens on Apr 10, 2023, and closes on Apr 24, 2023.
Q2. What is the issue price for SEPC Rights Issue 2023?
Ans. SEPC Rights Issue 2023 price is set at ₹10 per share per equity share.
Q3. In what ratio is the SEPC Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 2 Rights Equity Share(s) for every 53 fully paid-up Equity Shares held on Record Date (Mar 29, 2023).
Q4. What is the record date for SEPC Rights Issue 2023?
Ans. The record date for the SEPC Rights Issue 2023 is Mar 29, 2023.
Q5. What is the issue size of SEPC Rights Issue 2023?
Ans. The issue size of SEPC Rights Issue 2023 is of 49,900,000 equity shares at ₹10 per share aggregating upto ₹49.90 Crores.
Q6. How to apply for SEPC Rights Issue 2023?
Ans. You can apply for SEPC Rights Issue 2023 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for SEPC Rights Issue 2023 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the SEPC Rights Issue 2023 available on the list.
- Click the Apply button next to the SEPC Rights Issue 2023.
- Fill and check your information.
- Submit the application.
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for SEPC Rights Issue 2023 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select SEPC Rights Issue 2023 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
