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Kesoram Industries Right Issue

Right Issue Status: Closed [27th Sep 2021 to 11th Oct 2021]

Rated 3.5/5 by Team InvestorGain

Kesoram Industries Right Issue Detail

Kesoram Industries right issue of 8 Cr shares worth issue size of Rs. 400 Cr opens for subscription from 27 Sep to 11 October 2021. The company issues 133 right equity shares for every 274 fully paid-up equity shares held as on the record date, 17 Sep 2021. The right issue price is Rs. 50 per share and 50% or Rs. 25 is payable on the application and the remaining Rs. 25 will be payable on the first & final call.

Kesoram Industries Right Issue Objective

  • To make repayment or prepayment of inter-corporate deposits and interest.
  • To redeem non-convertible debentures (NCDs) partly.
  • To redeem OCDs in full and NCDs in part.
  • To meet general corporate purposes.

Kesoram Industries Right Issue Details

Kesoram Industries Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 8 Cr
Right Issue Issue Size (Amount) ₹400 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹50 per share
Right Issue Record Date 17th Sep 2021
Right Issue Entitlement 133 Rights Equity Shares for every 274 Equity Shares held on the Record Date
Right Issue Terms of payment Rs. 25 will be payable on the application and Rs. 25 will be payable on the first & final call.
Listing At BSE, NSE
BSE Code 502937
NSE Code KESORAMIND

Kesoram Industries Right Issue Dates

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

Kesoram Industries Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 27th Sep 2021
Right Issue Issue Close Date 11th Oct 2021
Basis of Allotment Finalisation Date* 19th Oct 2021
Refunds Initiation* 21st Oct 2021
Credit of Shares to Demat Account* 22nd Oct 2021
Right Issue Listing Date* 28th Oct 2021

* - Tentative Dates

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About Company - Kesoram Industries

Kesoram Industries is one of the oldest conglomerates in India. The company is engaged in various business activities such as cement, tyre, textiles, and transparent paper with a key concentration on the cement and rayon segment.

With over 51 years of experience, the company meets regional cement demand in Goa, Maharashtra, Karnataka, Tamil Nadu, Madhya Pradesh, Kerala, Uttar Pradesh, Telangana, and Andhra Pradesh. The firm owns 2 cement manufacturing plants located at Sedam, Karnataka and Basantnagar, Telangana.

Kesoram Industries Financials for past 3 Years

Past performance and financial results of Kesoram Industries.

Kesoram Industries financial
Kesoram Industries Financials 31-Mar-2021 31-Mar-2020
Total Assets ₹3,275.74 Cr ₹3,211.79 Cr
Total Income ₹2,724.93 Cr ₹2,685.98 Cr
Net Profit/Loss ₹140.11 Cr ₹(187.53) Cr

Kesoram Industries Right Issue Live Subscription (NSE + BSE)

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

    Company Address

    Kesoram Industries Limited
    9/1 R.N. Mukherjee Road,
    Kolkata ,West Bengal-700 001
    India
    Website: http://www.kesocorp.com/
    Phone: +91 33 2243 5453
    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: [email protected]

    Lead Manager

    1. Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

    Kesoram Industries Right Issue Offer Document (Letter of Offer) >>Document

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

    Kesoram Industries Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

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

    Kesoram Industries 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 Kesoram Industries? Should I apply in Kesoram Industries Right Issue?

    Last Updated on 2021-10-18T09:52:24+00:00


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