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

Kesoram Industries Right Issue

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Kesoram Industries Right Issue Review

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NRI Form ⇒

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 Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Kesoram Industries Right Issue Details
Kesoram Industries Issue Details Values
Category RightIssue
Right Issue Issue Size(Shares) 8 Cr Eq Shares
Right Issue Issue Size(Amount) ₹400 Cr
Face Value ₹10 Per Equity Share
Right Issue Issue Price ₹50
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

Kesoram Industries Financials

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 Strengths

  • Among one of the oldest conglomerate companies in India and unique brand image.
  • Presence across several states i.e. Karnataka, Goa, Tamil Nadu, Uttar Pradesh, Madhya Pradesh, etc.
  • Strong distribution network of 516 cement agents and 2669 cement dealers.
  • Strategically located and well-integrated manufacturing facilities.
  • Highly experienced and dedicated managerial team.

Kesoram Industries Right Issue Threats/Weaknesses

  • The continuing impact of COVID-19 on business financials, revenue, and operational performance.
  • Poor financial performance with continued losses in the past few fiscals.
  • Shortage of resources i.e. power, fuel, water, etc. may significantly affect business operations.
  • Insufficient cash flows to pay off debt timely and meet the company's working capital requirements.

Kesoram Industries Right Issue Important 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

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

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

Company Address

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


Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: [email protected]

Lead Manager

  1. DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
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

User Reviews

5. Jayshil kirtikumar Joshi 9/23/2021 2:59:03 AM Reply
Kesoram Industries RightIssue expected listing gain.
4. AMIT KUMAR KUSHWAHA 9/23/2021 2:59:03 AM Reply
Please confirm Kesoram Industries RightIssue GMP (grey market premium) and kostak.
3. Kesavaraman  9/23/2021 2:59:03 AM Reply
Kesoram Industries RightIssue good or bad.
2. Lakshman Singh 9/23/2021 2:59:03 AM Reply
Kesoram Industries RightIssue whether to invest or not.
1. sanjiv 9/23/2021 2:59:03 AM Reply
Kesoram Industries RightIssue - CRISIL Rating, Apply or not?.
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