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Right Issue Status: Closed [16th Oct 2023 to 27th Oct 2023]
Syschem (India) Limited is offering rights issue to the extent of 7,972,600 equity shares worth Rs. 31.89 Cr. The subscription period for this rights issue will be from October 16, 2023 to October 27, 2023 . The company will issue 01 rights shares for every fully paid 04 share held on the record date of September 29, 2023. The face value of a share is Rs. 10 per share and the issue price is fixed at Rs. 40 per share.
Stay connected with us to know more about Syschem (India) Limited Right Issue Details 2023 including issue size, entitlement to rights, payment terms and more.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
| Syschem India Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 0.80 Cr Shares |
| Right Issue Issue Size (Amount) | ₹31.89 Cr |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹40 per share |
| Right Issue Record Date | 29th Sep 2023 |
| Right Issue Entitlement | 1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | The full amount of Rs. 40/- per equity shares is payable on application. |
| Listing At | BSE |
| BSE Code | 750810 |
| NSE Code |
In this section we have covered all important dates related to Syschem India 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 | 16th Oct 2023 |
| Right Issue Issue Close Date | 27th Oct 2023 |
| Basis of Allotment Finalisation Date* | 4th Nov 2023 |
| Refunds Initiation* | 23rd Oct 2023 |
| Credit of Shares to Demat Account* | 8th Nov 2023 |
| Right Issue Listing Date* | 13th Nov 2023 |
* - Tentative Dates
Zerodha Trade@20
Syschem (India) Limited (SIL) is a listed company engaged in bulk drug/intermediate/specialty chemical manufacturing and contract manufacturing. The company is managed by a dedicated group of technical and commercial professionals who have extensive experience in bulk drug manufacturing.
Their comprehensive skills, creative problem-solving approach and proven reliability and compliance make them an ideal business partner. Our strategy is to globalize intellectual property and drive value for shareholders and customers.
We are a fast growing pharmaceutical company manufacturing API/intermediates. Syschem (India) Limited (SIL) is a listed company engaged in manufacturing of bulk pharmaceutical products/intermediates/specialty chemicals and contract manufacturing. The company is managed by a group of dedicated technical and commercial professionals who have extensive experience in the manufacturing of bulk pharmaceutical products.
Past performance and financial results of Syschem India .
Syschem (India) Limited's revenue decreased by -54.56% and profit after tax (PAT) dropped by -69.23% between the financial year ending with July 31, 2023 and March 31, 2023.
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 93.04 | 92.71 | 59.81 | 77.17 |
| Revenue | 59.36 | 130.63 | 65.76 | 74.67 |
| Profit After Tax | 1.39 | 4.51 | -1.71 | -5.57 |
| Net Worth | 23.69 | 22.30 | 6.94 | 7.12 |
| Reserves and Surplus | ||||
| Total Borrowing | 1.52 | 1.61 | 1.75 | 12.56 |
| Amount in ₹ Crore | ||||
The table below is live update of Right Issue bidding details from NSE and BSE.
Syschem India Right Issue Offer Document (Letter of Offer) >>Document
Syschem India Right Issue Offer Document (Letter of Offer) >>Syschem India Right Issue Red Herring Prospectus is not yet available.
Syschem India Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Syschem India Right Issue Online Application (Registrar & Transfer Agent) >>Syschem India Right Issue RTA information is not yet available.
Last Updated on 2023-10-30T05:32:45+00:00
