Right Issue Status: Closed [2nd Jan 2023 to 12th Jan 2023]
Gyscoal Alloys Limited right issue of issue size Rs 49.18 Cr opens for subscription from Jan 2 to Jan 12, 2022. The company will issue 110 right equity shares for every 100 fully paid-up equity shares held on the record date, 23 Dec 2022. The face value is Rs 1 per share and the right issue price is fixed at Rs 2.75 per share. The full amount of Rs 2.75 per share is payable on the Application. Stay updated with us to know more about Gyscoal Alloys Right issue details 2022 including issue size, right issue entitlement, terms of payment, and more.
The right issue proceeds will be utilized for the following purposes;
|Gyscoal Alloys Issue Details||Values|
|Right Issue Issue Size (Shares)||178,851,382 Eq Shares|
|Right Issue Issue Size (Amount)||₹49.18 Cr|
|Face Value||₹1 Per Equity Share|
|Right Issue - Issue Price||₹2.75 per share|
|Right Issue Record Date||23rd Dec 2022|
|Right Issue Entitlement||110 Equity Shares for Every 100 Equity Shares held on the record date|
|Right Issue Terms of payment||The full amount of Rs 2.75 per share is payable on application.|
|Listing At||BSE, NSE|
In this section we have covered all important dates related to Gyscoal Alloys 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||2nd Jan 2023|
|Right Issue Issue Close Date||12th Jan 2023|
|Basis of Allotment Finalisation Date*||19th Jan 2023|
|Refunds Initiation*||24th Jan 2023|
|Credit of Shares to Demat Account*||25th Jan 2023|
|Right Issue Listing Date*||27th Jan 2023|
* - Tentative Dates
Gyscoal Alloys Ltd is engaged in the trading of iron and steel scraps, CTD bars, TMT bars, billets, and stainless steel long products. The company has a steel rolling mill at Ubkhal, Mehsana with a total capacity of 6,000 MT per annum. The stainless steel products of the company include bright bars, black bars, flats, hexagonal and round corner squares (RCS), channels, sections, pata-patti, and rectangles in standard sizes.
The firm exports its products to different countries including Thailand, Bangladesh, Vietnam, Kenya, Malaysia, Yemen, UAE, Philippines, Egypt, Germany, Ecuador, Morocco, Guatemala, Italy, Taiwan, Srilanka, Belgium, Brazil, Turkey, Indonesia, Iran, Russia, and Myanmar.
Past performance and financial results of Gyscoal Alloys.
|Period Ended||Total Assets||Total Revenue||Profit After Tax||Net Worth||Total Borrowing|
|Amount in ₹ Crore|
Gyscoal Alloys Right Issue Offer Document (Letter of Offer) >>Document
Gyscoal Alloys Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Last Updated on 2023-01-03T09:22:46+00:00
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