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Shree Ganesh Remedies Rights Issue Details 2023, Record Date, Entitlements

Right Issue Status: Closed [13th Feb 2023 to 21st Feb 2023]

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Shree Ganesh Remedies Right Issue Detail

Shree Ganesh Remedies Limited offers Right Issue size of Rs 18.91 Cr. Opening subscription from 13 Feb 2023 to 21 Feb 2023. The company issues 07 right equity shares for every 100 equity shares held on the record date of 03 Feb 2023. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs.225 per share. Stay updated with us to know more about the Shree Ganesh Remedies Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.

Shree Ganesh Remedies Right Issue Objective

The Company intends to utilize the Net Proceeds from the Issue towards the funding of the following objects:

  1. Part repayment or prepayment of unsecured loans availed from the Promoters and from the member of the Promoter Group
  2. Meeting Working Capital Requirements; and
  3. General corporate purposes.

Shree Ganesh Remedies Right Issue Details

Shree Ganesh Remedies Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 0.08 Cr Shares
Right Issue Issue Size (Amount) ₹18.91 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹225 per share
Right Issue Record Date 3rd Feb 2023
Right Issue Entitlement 7 Rights Equity Shares for Every 100 Equity Shares held as on the record date
Right Issue Terms of payment

Rs. 135 per share (60%) on application and remaining Rs. 90 (40%) on subsequent calls.

Listing At BSE
BSE Code 540737
NSE Code

Shree Ganesh Remedies Right Issue Dates

In this section we have covered all important dates related to Shree Ganesh Remedies 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.

Shree Ganesh Remedies Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 13th Feb 2023
Right Issue Issue Close Date 21st Feb 2023
Basis of Allotment Finalisation Date* 1st Mar 2023
Refunds Initiation* 15th Feb 2023
Credit of Shares to Demat Account* 3rd Mar 2023
Right Issue Listing Date* 8th Mar 2023

* - Tentative Dates

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About Company - Shree Ganesh Remedies

This company started in 1991 under the name of Ashok Pharma Chem. Mr. Chandu Kothia is the founder of the company. This company mainly works in the Pharmaceuticals industry. As time has gone on this single company became a group of Ganesh Industries.

Shree Ganesh Remedies Ltd is an Indian Pharmaceuticals company that is active in the manufacturing & export Pharmaceutical Intermediates & Fine Chemicals and Research & Development. It also delivers service of contract manufacturing for almost all chemical reactions like amination, amidation, alkylation, bromination, catalytic hydrogenation, and chlorination.

The products that we mostly deal in are Drug intermediates, API intermediates & fine chemicals. Its product category also consists of Bulk Drug, its intermediates and specialty chemicals. Over the years we have developed multiple assets to produce a large range of fine speciality chemicals in India having capability of producing high purity as well as complex organic analytical compound for highly critical applications.

Along with that this company serves in the Pharmaceutical intermediates which are chemical compounds that form the building blocks of the active pharmaceutical ingredient known as API. API in various sectors like Anti-Arrhythmic, Anti-Cancer, Anti-Diabetic, Anti-Diarrheal, Anti-fungle, Anti-histamine, Anti-inflammatory, Anti-parasitic, Anti-Psychotic, Anti-Cholinergic, Birth-Control, Cardiovascular, Gastrointestinal, Neurological disorder, Ophthalmic, and Veterinary are derived.

Shree Ganesh Remedies Financials for past 3 Years

Past performance and financial results of Shree Ganesh Remedies.

Shree Ganesh Remedies Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-2160.651.189.7549.44
31-Mar-2277.0274.8613.455.79
Amount in ₹ Crore

Shree Ganesh Remedies Right Issue Live Subscription (NSE + BSE)

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

    Company Address

    Shree Ganesh Remedies Limited
    Plot no. 6011-12, G.I.D.C Estate
    Ankleshwar ,Gujrat-393002
    India
    Website: http://www.ganeshremedies.com/
    Phone: +91 02646-227777
    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

    1. Fedex Securities Pvt Ltd

    Shree Ganesh Remedies Right Issue Offer Document (Letter of Offer) >>Document

    Shree Ganesh Remedies Right Issue Offer Document (Letter of Offer) >>Shree Ganesh Remedies Right Issue Red Herring Prospectus is not yet available.

    Shree Ganesh Remedies Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Shree Ganesh Remedies Right Issue Online Application (Registrar & Transfer Agent) >>Shree Ganesh Remedies Right Issue RTA information is not yet available.

    Shree Ganesh Remedies 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 Shree Ganesh Remedies? Should I apply in Shree Ganesh Remedies Right Issue?

    Last Updated on 2023-02-24T02:30:49+00:00


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