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Bharat Gears Right Issue

Right Issue Status: Closed [22nd Nov 2021 to 6th Dec 2021]

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Bharat Gears Right Issue Detail

Bharat Gears right issue of 0.09 Cr right equity shares worth issue size of Rs. 9.77 Cr opens for subscription from 22 Nov to 6 Dec 2021. The company issues 1 right equity share for every 10 fully paid-up equity shares held as on the record date, 29 Oct 2021. The right issue share price is fixed at Rs. 105 per share. Check out more about the Bharat Gears Right Issue including business overview, financial performance, issue timeline, issue entitlement, objectives, and more.

Bharat Gears Right Issue Objective

The right issue aims to utilize funds for the following purposes;

  1. Meet working capital requirements.
  2. Meet issue expenditures.

Bharat Gears Right Issue Details

Bharat Gears Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 0.09 Cr Eq Shares
Right Issue Issue Size (Amount) ₹9.77 Cr
Face Value ₹1 Per Equity Share
Right Issue - Issue Price ₹105 per share
Right Issue Record Date 29th Oct 2021
Right Issue Entitlement 1 right equity share for every 10 fully paid-up equity share held on the record date
Right Issue Terms of payment The full amount of ₹105 per Rights Equity Share is payable on Application.
Listing At BSE, NSE
BSE Code 505688

Bharat Gears Right Issue Dates

In this section we have covered all important dates related to Bharat Gears 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.

Bharat Gears Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 22nd Nov 2021
Right Issue Issue Close Date 6th Dec 2021
Basis of Allotment Finalisation Date* 15th Dec 2021
Refunds Initiation* 16th Dec 2021
Credit of Shares to Demat Account* 20th Dec 2021
Right Issue Listing Date* 21st Dec 2021

* - Tentative Dates

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About Company - Bharat Gears

Bharat Gears Limited is engaged in the manufacturing activities of ring gears and pinions, transmission gears and shafts, differential gears, gearboxes, automotive clutch and components, turbo chargers and components, driveline products, axle shafts, flywheel assemblies & rings, propeller shaft components, U-J cross, steering components, differential cages, steel wheel rims, sealed quench furnaces, and others.

The company has a strong geographical reach in India and also export products to markets such as North America, European Market, and other countries. Prominent market players in the Automobile industry and key international players in the tractors, trucks, construction equipment, buses, and utility vehicle segment are the key customers of Bharat Gears.

Bharat Gears Right Issue Strengths

  • Established brand name with more than 4 decades of presence in the auto components industry.
  • Highly experienced leadership and management team.
  • Strategically located manufacturing facilities with proximity to raw material.
  • Compliance with quality standards and assurance.
  • Long-standing customer relationship with top clients.

Bharat Gears Financials

Past performance and financial results of Bharat Gears.

Bharat Gears Financials (₹ in Cr) 31-Mar-2021 31-Mar-2020
Total Assets ₹383.63 ₹374.14
Total Income ₹504.40 ₹467.99
Net Profit/Loss ₹-7.7 ₹-18.78

Company Address

Bharat Gears Limited
20 K.M. Mathura Road, P.O. Amar Nagar,
Faridabad,Haryana-121 003
Phone: +91 129 428 8888
Email: [email protected]


Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: [email protected]

Lead Manager

  1. Keynote Financial Services Ltd

Bharat Gears Right Issue Offer Document (Letter of Offer) >>Document

Bharat Gears Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

Bharat Gears Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Bharat Gears? Should I apply in Bharat Gears Right Issue?

Last Updated on 2022-04-06T10:33:53+00:00

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