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Suditi Industries Right Issue Details 2022, Entitlement, Record Date

Right Issue Status: Closed [15th Sep 2022 to 21st Sep 2022]

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Suditi Industries Right Issue Detail

Suditi Industries Right Issue of Rs 29.26 Cr opens for subscription from Sept 15 to Sept 21, 2022. The company issues 5 right equity shares for every 9 fully paid-up equity shares held on the record date, 06 Sept 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 30 per share including Rs 20 as share premium. Stay updated with us to know more about the Suditi Industries Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.

Suditi Industries Right Issue Objective

  • To finance working capital requirements.
  • To prepay or part-payment of Unsecured Loans/Inter Corporate Deposits availed by the Company from the Promoter and Promoter group.
  • To repayment/ pre-payment of secured loans of the company.
  • General Corporate purposes.
  • Issue related expenses.

Suditi Industries Right Issue Details

Suditi Industries Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 97,52,290 Eq Shares
Right Issue Issue Size (Amount) ₹29.26 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹30 per share
Right Issue Record Date 6th Sep 2022
Right Issue Entitlement 5 Rights Equity Share for every 9 Equity Shares held on the Record Date
Right Issue Terms of payment NULL
Listing At BSE
BSE Code 521113
NSE Code

Suditi Industries Right Issue Dates

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

Suditi Industries Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 15th Sep 2022
Right Issue Issue Close Date 21st Sep 2022
Basis of Allotment Finalisation Date* Not Yet Announced
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 - Suditi Industries

    Suditi Industries Ltd established in 1991 with a textile processing plant. The company's comprehensive ecosystem covering knitting, dyeing, printing, finishing and garmenting. It is certified with ISO 9001: 2000, GOTS and OEKO TEX S-100. It has also acquired the apparel rights for the FIFA World Cup in India. It is also running several brands including YouWeCan, Nush, IndianInk and licensed sports brands NBA, FC Barcelona, and Manchester City F.C.

    The company has major offline and online retailers. It is present in 72 cities in 300+ point of sales pan India. It has three manufacturing facilities two of which are located at MIDC, TTC Industrial Area, Village, Turbhe, Navi Mumbai in the state of Maharashtra and the third at Vapi in District Valsad in the state of Gujarat. The main objective of the company is to manufacture, buy, sell, import and export readymade garments made out of woven, knitted, felted, netted, looped or flocked fabrics made of all kinds of fibre whether natural, synthetic or man?made and to carry on the business of manufactures, importers and exporters, wholesale and retail dealers of and in hosiery goods of every kind, nature and description for men, women and children including vests, underwear, socks, stockings, sweaters and laces.

    Suditi Industries Right Issue Strengths

    Suditi Industries Financials

    Past performance and financial results of Suditi Industries.

    Suditi Industries Financials (₹ in Cr) 31-Mar-2021 31-Mar-2020
    Total Assets ₹102.18 ₹119.45
    Total Income ₹50.44 ₹95.52
    Net Profit/Loss ₹-17.45 ₹-1.73

    Company Address

    Suditi Industries Ltd
    C-253/254, MIDC, T.T.C. Industrial Area, Pawne Village, Behind Savita Chemicals
    Navi Mumbai,Maharashtra-400705
    Phone: +9122?67368600
    Email: [email protected]



    Lead Manager

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

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

    Suditi 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 Suditi Industries? Should I apply in Suditi Industries Right Issue?

    Last Updated on 2022-09-01T11:19:55+00:00

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