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Right Issue Status: Closed [22nd Nov 2021 to 6th Dec 2021]
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.
The right issue aims to utilize funds for the following purposes;
| Bharat Gears Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 0.09 Cr |
| 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 |
| NSE Code | BHARATGEAR |
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.
| 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
Zerodha Trade@20
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.
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 |
The table below is live update of Right Issue bidding details from NSE and BSE.
Bharat Gears Right Issue Offer Document (Letter of Offer) >>Document
Bharat Gears Right Issue Offer Document (Letter of Offer) >>Bharat Gears Right Issue Red Herring Prospectus is not yet available.
Bharat Gears Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Bharat Gears Right Issue Online Application (Registrar & Transfer Agent) >>Bharat Gears Right Issue RTA information is not yet available.
Last Updated on 2022-04-06T10:33:53+00:00
