DFPCL Right Issue Review 2020

Name: DFPCL IPO
Item: DFPCL Right Issue
Rating: 4
Author: Team InvestorGain

Right Issue Status: Closed [28th Sep 2020 to 12th Oct 2020]

Rated 4/5 by Team InvestorGain

DFPCL Right Issue Objective

Repayment or prepayment of inter-corporate deposits of Rs 12,500 Lakhs.
Repayment / prepayment of portion of outstanding indebtedness of DFPCL’s wholly-owned subsidiary Smartchem Technologies Limited (STL) of Rs 1,500 Lakhs.
To use the funds towards general corporate purposes.

DFPCL Right Issue Details

DFPCL Issue Details	Values
Category	RightIssue
Right Issue Issue Size (Shares)	1,33,92,663
Right Issue Issue Size (Amount)	₹180 Cr
Face Value	₹10 Per Equity Share
Right Issue - Issue Price	₹133 per share
Right Issue Record Date	17th Sep 2020
Right Issue Entitlement	3 Right Equity Share for every 20 Equity Shares held on the Record Date
Right Issue Terms of payment	The full amount of ₹133 per Rights Equity Share is payable on Application.
Listing At	BSE, NSE
BSE Code	500645
NSE Code	DEEPAKFERT

DFPCL Right Issue Dates

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

DFPCL Right Issue important dates
Right Issue Activity	Date
Right Issue Issue Open Date	28th Sep 2020
Right Issue Issue Close Date	12th Oct 2020
Basis of Allotment Finalisation Date*	21st Oct 2020
Refunds Initiation*	21st Oct 2020
Credit of Shares to Demat Account*	23rd Oct 2020
Right Issue Listing Date*	26th Oct 2020

* - Tentative Dates

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About Company - DFPCL

Founded in the year 1979, Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) is India’s one of the leading producers of fertilisers and industrial chemicals. The company was set up as an Ammonia manufacturer but today it is working as a multi-product Indian conglomerate offering industrial chemicals, technical ammonium nitrate, crop nutrition, and real estate services.

Deepak Fertilisers has four production plants at Srikakulam, Andhra Pradesh, Taloja, Raigad, Maharashtra, Dahej, Bharuch, Gujarat, and Panipat, Haryana. The company is augmenting its manufacturing capabilities to expand its product portfolio on a continuous basis. It has adopted global state-of-the-art technologies which helped it in increasing manufacturing and supply the best high-quality products globally.

Key details to DFPCL Right Issue 2020

Issue Price- Rs. 133 per equity share (including a premium of Rs 123 per share, FV of Rs 10 each)
Rights ratio- 3:20; 3 fully paid-up right issue share for every 20 equity shares held by eligible shareholders as on record date of Sept 17, 2020
Total no. of right shares proposed- 1,33,92,663 equity shares of face value Rs 10 each @ Rs 133 amounting to Rs 17,812.24 Lakhs.

DFPCL Financials for past 3 Years

Past performance and financial results of DFPCL.

DFPCL financial
Title	FY 2020	FY 2019
Total revenue	1775.75	3148.88
PAT	30.71	7.92
EBITDA	179.46	139.36
Total Assets	2388.77	2279.87
Net profit margin	1.90	1.09
Interest coverage ratio (times)	2.30	2.24
EBIT	107.18	91.32
Finance cost	243	229
Reserves and surplus	179.92	179.92
Long term borrowings	576.76	401.13
Short term borrowings	173.87	272.88
Debt to equity	0.46	0.42

DFPCL Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

Company Address

Deepak Fertilisers & Petrochemicals Corporation Ltd
Sai Hira, Survey No. 93,
Mundhwa, Pune,Maharashtra-411 036
India
Website: www.dfpcl.com/
Phone: +91-20-6645 8000
Email: [email protected]

Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email:

Lead Manager

DFPCL Right Issue Offer Document (Letter of Offer) >>Document

DFPCL Right Issue Offer Document (Letter of Offer) >>DFPCL Right Issue Red Herring Prospectus is not yet available.

DFPCL Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

DFPCL Right Issue Online Application (Registrar & Transfer Agent) >>DFPCL Right Issue RTA information is not yet available.

DFPCL 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 DFPCL? Should I apply in DFPCL Right Issue?

Last Updated on 2021-04-13T01:13:06+00:00