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Right Issue Status: Closed [6th Mar 2023 to 14th Mar 2023]
Amal Limited offers Right Issue size of Rs 49.94 Cr. which subscription is opening from soon. The company issues 24 right equity shares for every 77 equity shares held on the record date of 21 Feb 2023. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs. 170 per share.
Stay updated with us to know more about the Amal Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.
The Company proposes to utilize the proceeds of this Issue towards the following objects:
| Amal Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 0.29 Cr Shares |
| Right Issue Issue Size (Amount) | ₹49.94 Cr |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹170 per share |
| Right Issue Record Date | 21st Feb 2023 |
| Right Issue Entitlement | 24 Rights Equity Share(s) for every 77 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | Full amount of Rs. 170/- per Equity Share is payable on application. |
| Listing At | BSE |
| BSE Code | 506597 |
| NSE Code |
In this section we have covered all important dates related to Amal Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 6th Mar 2023 |
| Right Issue Issue Close Date | 14th Mar 2023 |
| Basis of Allotment Finalisation Date* | 21st Mar 2023 |
| Refunds Initiation* | 8th Mar 2023 |
| Credit of Shares to Demat Account* | 23rd Mar 2023 |
| Right Issue Listing Date* | 24th Mar 2023 |
* - Tentative Dates
Zerodha Trade@20
This Company was incorporated in the year 1974 promoted by Piramal group. They work under the guidance of Mr. Sunil Lalbhai, Chairman and Mr. Rajeev Kumar, Managing Director who possess extensive experience in the chemical industry. They currently manufacture bulk chemicals such as Sulphuric acid and oleum along with their downstream products such as Sulphur dioxide and Sulphur trioxide. These products are commonly known as Sulphuric acid equivalent products. Steam is generated in large quantities during the manufacturing processes of these chemicals which is further used for captive consumption and surplus is sold to third parties.
These chemicals find their use in several industries like dyes, fertilizers, personal care, petrochemical, pharmaceutical, textile, etc. These chemicals are generally sold to its customers who are in close proximity to their manufacturing facility. The business operations and products cater to the business-to-business segment. They are engaged in the manufacturing of bulk chemicals such as Sulphuric Acid and Oleum and their downstream products such as Sulphur di-oxide and Sulphur trioxide. Steam is also produced in its manufacturing process which is used for captive consumption and revenue generation by direct sale to third parties.
Past performance and financial results of Amal .
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-21 | 48.38 | 31.67 | 8.80 | 34.26 | 5.65 |
| 31-Mar-22 | 100.15 | 43.79 | 1.11 | 35.35 | 51.05 |
| Amount in ₹ Crore | |||||
The table below is live update of Right Issue bidding details from NSE and BSE.
Amal Right Issue Offer Document (Letter of Offer) >>Document
Amal Right Issue Offer Document (Letter of Offer) >>Amal Right Issue Red Herring Prospectus is not yet available.
Amal Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Amal Right Issue Online Application (Registrar & Transfer Agent) >>Amal Right Issue RTA information is not yet available.
Last Updated on 2023-03-17T03:30:47+00:00
