The Sanginita Chemicals Limited date has been confirmed from May 15, 2024 – May 27, 2024.
Sanginita Chemicals Limited started in 2005. They make and sell cuprous chloride, copper sulphate, copper phthalo cyanine blue (CPC), and cupric chloride. They provide various products for surface coatings like paints, inks, and adhesives.
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Key Details Of Sanginita Chemicals Limited
Bidding Dates
May 15 – 27
Issue Size
₹34.96 Crores
Face Value
₹1per share
Record Date
May 7, 2024
Sanginita Chemicals Limited Record Date
The Sanginita Chemicals Limited Record Date is May 7, 2024.
IPO Overview
Sanginita Chemicals Limited was founded in 2005. It produces and exports various chemicals such as cuprous chloride, copper sulphate, copper phthalo cyanine blue (CPC), and cupric chloride. These chemicals include dye and pigment, paint, pharmaceutical, electroplating, metal extraction, printing ink, carbon paper, and PVC pipe coating. The company provides tailored solutions to meet the specific needs of its customers. It also offers a diverse range of products for the surface coatings industry, including decorative and industrial paints, protective coatings, printing inks, and adhesives.
Sanginita Chemicals Limited Rights Issue Detail
| Issue Open | May 15, 2024 – May 27, 2024 |
| Security Name | Sanginita Chemicals Limited |
| Issue Size (Shares) | 8,633,850 |
| Issue Size (Amount) | ₹15.54 Crores |
| Issue Price | ₹18 per share |
| Face Value | ₹10 per share |
| Listing At | NSE |
| Terms of Payment | The full amount for Rights Equity Shares of Rs.18 shall be payable by the eligible shareholders at the time of making an application. |
| Entitlement | 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date |
Sanginita Chemicals Limited Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 79.50 | 79.20 | 70.12 |
| Revenue | 149.13 | 198.44 | 165.02 |
| Profit After Tax | 0.42 | 0.35 | 0.76 |
| Amount in ₹ Crore | |||
Company Profile
Sanginita Chemicals Ltd. has been producing speciality chemicals made of inorganic copper since 2002. Our range includes Copper Sulphate, Cupric Chloride (Dihydrate and Anhydrous), Cuprous Chloride, Copper Phthalo Cyanine Blue Crude, and more. Our products are distributed to clients globally. Sanginita Chemicals Ltd. has become India’s leading manufacturer of Inorganic Copper Chemicals due to continuous quality improvements, technological advancements, and consistent production and distribution. We collaborate closely
with our customers to provide customized solutions for their needs.
Registrar Info
| Name | Coming Soon |
| Phone number | Coming Soon |
| Email ID | Coming Soon |
| Website | Coming Soon |
Contact Details
| Name | Sanginita Chemicals Limited |
| Phone number | +079-23240270 |
| Email ID | [email protected] |
| Website | sanginitachemicals.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Sanginita Chemicals Limited IPO FAQs
What is the issue price for Sanginita Chemicals Rights Issue 2024?
Sanginita Chemicals Rights Issue 2024 price is set at ₹18 per share per equity share.
In what ratio is the Sanginita Chemicals Rights Issue 2024 offered?
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (May 7, 2024).
What is the record date for Sanginita Chemicals Rights Issue 2024?
The record date for the Sanginita Chemicals Rights Issue 2024 is May 7, 2024.
What is the issue size of Sanginita Chemicals Rights Issue 2024?
The issue size of Sanginita Chemicals Rights Issue 2024 is of 8,633,850 equity shares at ₹18 per share aggregating upto ₹15.54 Crores.
