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Right Issue Status: Closed [17th Jan 2024 to 29th Jan 2024]
Grasim Industries Limited offers Right Issue size of Rs 3999.80 Cr. The subscription for this Rights Issue is opening from 17 Jan 2024 to 29 Jan 2024. The company issues entitlement of 6 Rights equity shares for every fully paid-up 179 equity shares held on the record date of 10 Jan 2024. The face value of a share is Rs.2 per share and the right issue price is fixed at Rs. 1812 per share.
Stay connected with us to more about Grasim Industries Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, and more.
| Grasim Industries Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 2.21 Cr Shares |
| Right Issue Issue Size (Amount) | ₹3999.80 Cr |
| Face Value | ₹2 Per Equity Share |
| Right Issue - Issue Price | ₹1812 per share |
| Right Issue Record Date | 10th Jan 2024 |
| Right Issue Entitlement | 6 Rights Equity Share(s) for every 179 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | The amount of Rs. 453 per Rights Equity Share is to be paid on the Application. The balance of Rs 1,359 will be paid on up to three subsequent calls as determined by the Board. |
| Listing At | BSE, NSE |
| BSE Code | 500300 |
| NSE Code | GRASIM |
In this section we have covered all important dates related to Grasim Industries 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 | 17th Jan 2024 |
| Right Issue Issue Close Date | 29th Jan 2024 |
| Basis of Allotment Finalisation Date* | 8th Feb 2024 |
| Refunds Initiation* | 23rd Jan 2024 |
| Credit of Shares to Demat Account* | 9th Feb 2024 |
| Right Issue Listing Date* | 12th Feb 2024 |
* - Tentative Dates
Zerodha Trade@20
Grasim Industries Limited was Incorporated in 1947. It is a leading global producer of Viscose, Diversified Chemicals, Linen Yarn and Fabrics producer in India. The company recently has entered paints business under the brand name ‘Birla Opus’ and would be setting up six plants of manufacturing decorative paints across Pan India locations. Leveraging the Group synergies, Grasim has launched “Birla Pivot”, the B2B online marketplace for building materials. Through its subsidiaries, UltraTech Cement, Aditya Birla Capital and Aditya Birla Renewables, it is also India’s prominent cement producer, leading diversified financial services player and clean energy solutions player.
Past performance and financial results of Grasim Industries .
Grasim Industries Ltd.'s revenue increased by 25.61% and profit after tax (PAT) dropped by -1.14% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 337,205.03 | 2,893.95 | 267,554.21 |
| Revenue | 121,239.13 | 96,522.47 | 267,554.21 |
| Profit After Tax | 11,078.20 | 11,206.29 | 6,986.70 |
| Net Worth | 78,742.00 | 75,698.00 | 65,494.00 |
| Reserves and Surplus | 78,610.00 | 75,567.00 | 75,567.00 |
| Total Borrowing | |||
| Amount in ₹ Crore | |||
The table below is live update of Right Issue bidding details from NSE and BSE.
Grasim Industries Right Issue Offer Document (Letter of Offer) >>Document
Grasim Industries Right Issue Offer Document (Letter of Offer) >>Grasim Industries Right Issue Red Herring Prospectus is not yet available.
Grasim Industries Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Grasim Industries Right Issue Online Application (Registrar & Transfer Agent) >>Grasim Industries Right Issue RTA information is not yet available.
Last Updated on 2024-02-01T04:32:59+00:00
