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Right Issue Status: Closed [24th Jan 2024 to 2nd Feb 2024]
Sharanam Infraproject And Trading Limited offers Right Issue. The subscription for this Rights Issue is opening from 24 Jan 2024 to 02 Feb 2024. The company issues entitlement of 7 Rights equity shares for every fully paid-up 5 equity shares held on the record date of 10 Jan 2024. The face value of a share is Rs.1 per share and the right issue price is fixed at (Not decided yet).
Stay connected with us to more about Sharanam Infraproject And Trading Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.
The Company intends to utilize the Net Proceeds raised through the Issue towards the following objects
| Sharanam Infraproject & Trading Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 7.00 Cr Shares |
| Right Issue Issue Size (Amount) | ₹7.00 Cr |
| Face Value | ₹1 Per Equity Share |
| Right Issue - Issue Price | ₹1 per share |
| Right Issue Record Date | 10th Jan 2024 |
| Right Issue Entitlement | 7 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | |
| Listing At | BSE |
| BSE Code | 539584 |
| NSE Code |
In this section we have covered all important dates related to Sharanam Infraproject & Trading 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 | 24th Jan 2024 |
| Right Issue Issue Close Date | 2nd Feb 2024 |
| Basis of Allotment Finalisation Date* | 8th Feb 2024 |
| Refunds Initiation* | 29th Jan 2024 |
| Credit of Shares to Demat Account* | 13th Feb 2024 |
| Right Issue Listing Date* | 15th Feb 2024 |
* - Tentative Dates
Zerodha Trade@20
Sharanam Infraproject and Trading Limited was incorporated in February 1992. Sharanam Infraproject And Trading Limited is engaged in the retail and supply of building materials.
The company provides real estate services, in particular the purchase and sale of land and buildings. It is also involved in activities such as possession, letting, subletting, maintenance, transfer, exchange, mortgages and rent collection for real estate. In addition, the company is involved in the construction, conversion, extension, remodelling and demolition of buildings, as well as the repair, overhaul and maintenance of real estate and related materials.
Purchase, lease, exchange, instalment payment or other acquisition of land, showrooms, buildings and heritable building rights to land and rights to land or related rights in order to use or exploit them for the purposes of the company, insofar as this appears expedient
Lease, redemption or other acquisition of land, plantations, rights to or in connection with land and real estate of all kinds as well as shares, rights or in connection with land which appear necessary or expedient for the business operations to which the company is entitled.
Past performance and financial results of Sharanam Infraproject & Trading .
Sharanam Infraproject And Trading Ltd's revenue decreased by -100% and profit after tax (PAT) dropped by -852.7% 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 | 4.30 | 4.30 | 4.23 |
| Revenue | 0.00 | 0.18 | 0.46 |
| Profit After Tax | -0.17 | 0.02 | 0.00 |
| Net Worth | |||
| Reserves and Surplus | -1.29 | -1.32 | |
| Amount in ₹ Crore | |||
The table below is live update of Right Issue bidding details from NSE and BSE.
Sharanam Infraproject & Trading Right Issue Offer Document (Letter of Offer) >>Document
Sharanam Infraproject & Trading Right Issue Offer Document (Letter of Offer) >>Sharanam Infraproject & Trading Right Issue Red Herring Prospectus is not yet available.
Sharanam Infraproject & Trading Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Sharanam Infraproject & Trading Right Issue Online Application (Registrar & Transfer Agent) >>Sharanam Infraproject & Trading Right Issue RTA information is not yet available.
Last Updated on 2024-02-05T04:32:59+00:00
