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Sandur Manganese & Iron Ores Right Issue Details 2022, Entitlement, Record Date

Right Issue Status: Open [8th Aug 2022 to 29th Aug 2022]

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Sandur Manganese & Iron Ores Right Issue Detail

Sandur Manganese & Iron Ores Limited Right Issue Rs 18 Cr opens for subscription from August 08 to August 29, 2022. The company issues 2 right equity shares for every 1 fully paid-up equity share held on the record date, 27 July 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 10 per share. 100% of the account is payable on application. Stay updated with us to know more about the Sandur Manganese & Iron Ores Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.

Sandur Manganese & Iron Ores Right Issue Objective

The net proceeds from the right issue to be used for the below purposes:

  1. To invest in the shares of "Renew Sandur Green Energy Private Limited"
  2. Meet issue related expenses.

Sandur Manganese & Iron Ores Right Issue Details

Sandur Manganese & Iron Ores Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 1.80 Cr Eq Shares
Right Issue Issue Size (Amount) ₹18 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹10 per share
Right Issue Record Date 27th Jul 2022
Right Issue Entitlement 2 Rights Equity Share for every 1 Equity Shares held on the Record Date
Right Issue Terms of payment The full amount of ₹10 per Rights Equity Share is payable on Application.
Listing At BSE
BSE Code 504918
NSE Code

Sandur Manganese & Iron Ores Right Issue Dates

In this section we have covered all important dates related to Sandur Manganese & Iron Ores 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.

Sandur Manganese & Iron Ores Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 8th Aug 2022
Right Issue Issue Close Date 29th Aug 2022
Basis of Allotment Finalisation Date* 7th Sep 2022
Refunds Initiation* Not Yet Announced
Credit of Shares to Demat Account* Not Yet Announced
Right Issue Listing Date* Not Yet Announced

* - Tentative Dates

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About Company - Sandur Manganese & Iron Ores

The Sandur Manganese and Iron Ores Limited is a Mining (Manganese & Iron Ores), Ferroalloys, and Coke & Energy company. It works on the basis of a sustainable development framework in which business still lies in environmentally friendly, systematic, safe, and scientific mining. It is one of the largest Manganese Ore minors in India.

The company has 2 mining leases located in Sandur, Ballari district of Karnataka

Sandur Manganese & Iron Ores Right Issue Strengths

  • Environment friendly mining operations.
  • Experienced management team.
  • Smooth flow of operations.

Sandur Manganese & Iron Ores Financials

Past performance and financial results of Sandur Manganese & Iron Ores.

Sandur Manganese and Iron Ores Financials (₹ in Lakh) 31-Mar-2022 31-Mar-2021 31-Mar-2020
Total Assets ₹2,70,160 ₹1,72,390.72 ₹1,46,196.59
Total Income ₹2,28,397 ₹76,436 ₹59,727
Net Profit/Loss ₹67,511 ₹14,739 ₹15,393

Company Address

Sandur Manganese & Iron Ores Limited
“SANDUR HOUSE’’, No.9 Bellary Road, Sadashivanagar
Bengaluru,Karnataka-560080
India
Website: http://www.sandurgroup.com/
Phone: +91 9448497985
Email: [email protected]

Registrar

Lead Manager

  1. Finshore Management Services Limited

Sandur Manganese & Iron Ores Right Issue Offer Document (Letter of Offer) >>Document

Sandur Manganese & Iron Ores Right Issue Online Application (Registrar & Transfer Agent) >>Sandur Manganese & Iron Ores Right Issue RTA information is not yet available.

Sandur Manganese & Iron Ores 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 Sandur Manganese & Iron Ores? Should I apply in Sandur Manganese & Iron Ores Right Issue?

Last Updated on 2022-08-02T11:50:56+00:00


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