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Shivam Autotech Right Issue

Right Issue Status: Closed [31st Dec 2021 to 28th Jan 2021]

Rated 3.5/5 by Team InvestorGain

Shivam Autotech Right Issue Detail

Shivam Autotech right issue of Rs. 40 Cr opens for subscription from 31 Dec to 28 Jan 2022. The company issues 2 right equity shares for every 9 fully paid-up equity shares held as on the record date, 10 Dec 2021. The face value is Rs. 2 and the right issue price is Rs. 18 per share. The full amount of Rs. 18/share is payable on the application.

Shivam Autotech Right Issue Objective

  1. Augment working capital requirement.
  2. Pay-off unsecured loans.
  3. Meet general corporate purposes.

Shivam Autotech Right Issue Details

Shivam Autotech Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 2.22 Cr
Right Issue Issue Size (Amount) ₹40 Cr
Face Value ₹2 Per Equity Share
Right Issue - Issue Price ₹18 per share
Right Issue Record Date 10th Dec 2021
Right Issue Entitlement 2 rights equity share for every 9 fully paid-up equity shares held on the record date
Right Issue Terms of payment The full amount of ₹ 18 per Rights Equity Share is payable on Application.
Listing At BSE,NSE
BSE Code 532776
NSE Code SHIVAMAUTO

Shivam Autotech Right Issue Dates

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

Shivam Autotech Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 31st Dec 2021
Right Issue Issue Close Date 28th Jan 2021
Basis of Allotment Finalisation Date* 4th Feb 2022
Refunds Initiation* 4th Feb 2022
Credit of Shares to Demat Account* 8th Feb 2022
Right Issue Listing Date* 10th Feb 2022

* - Tentative Dates

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About Company - Shivam Autotech

Shivam Autotech is primarily engaged in the manufacturing of transmission gears and shafts. The business manufactures precision-engineered components that are primarily used in the automotive sector. The company offers a range of auto components and accessories including transmission gears, transmission shafts, alternator components, starter motor components, magneto components, and steering components. It is also an IATF 16949:2016, ISO 45001:2018 & ISO 14001:2015 certified member to manufacture forged, machined, and heat-treated components.

It has state-of-the-art manufacturing facilities in Bangalore, Gurgaon, Haridwar, and Rohtak.

Shivam Autotech Financials for past 3 Years

Past performance and financial results of Shivam Autotech.

Shivam Autotech financial
Shivam Autotech Financials (₹ in Cr) 31-Mar-2021 31-Mar-2020
Total Assets ₹734.41 ₹724.32
Total Income ₹490.92 ₹588.87
Net Profit/Loss ₹(22.52) ₹115.17

Shivam Autotech Right Issue Live Subscription (NSE + BSE)

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

    Company Address

    Shivam Autotech Limited
    10, 1st Floor, Tower A, Emaar Digital Greens, Sector - 61, Golf Course Extension Road,
    Gurugram,Haryana-122102
    India
    Website: http://www.shivamautotech.com/
    Phone: 0124-4698700
    Email: [email protected]

    Registrar

    Bigshare Services Pvt Ltd
    1st Floor, Bharat Tin Works Building,
    Opp. Vasant Oasis,Makwana Road,
    Marol, Andheri(E), Mumbai - 400 059
    Website: https://ipo.bigshareonline.com/IPO_Status.html
    Phone: +91-22-6263 8200
    Email: [email protected]

    Lead Manager

    Shivam Autotech Right Issue Offer Document (Letter of Offer) >>Document

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

    Shivam Autotech Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

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

    Shivam Autotech 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 Shivam Autotech? Should I apply in Shivam Autotech Right Issue?

    Last Updated on 2022-04-06T10:34:42+00:00


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