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Right Issue Status: Closed [21st Jun 2023 to 5th Jul 2023]
Udaipur Cement Works Limited offers Right Issue size worth of Rs 448.43 Cr. The subscription for this Rights Issue is opening from 21 Jun 2023 to 05 July 2023. The company issues 04 Rights equity shares for every fully paid-up 05 equity shares held on the record date of 14 Jun 2023. The face value of a share is Rs. 4 per share and the right issue price is fixed at Rs. 18 per share.
Stay updated with us to know more about the Udaipur Cement Works Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.
The company intends to utilize the net proceeds from the issue to partially finance the expansion and development of the Udaipur Manufacturing Plant.
| Udaipur Cement Works Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 24.91 Cr Shares |
| Right Issue Issue Size (Amount) | ₹448.43 Cr |
| Face Value | ₹4 Per Equity Share |
| Right Issue - Issue Price | ₹18 per share |
| Right Issue Record Date | 14th Jun 2023 |
| Right Issue Entitlement | 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | The full amount is payable on application. |
| Listing At | BSE |
| BSE Code | 530131 |
| NSE Code |
In this section we have covered all important dates related to Udaipur Cement Works 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 | 21st Jun 2023 |
| Right Issue Issue Close Date | 5th Jul 2023 |
| Basis of Allotment Finalisation Date* | 13th Jul 2023 |
| Refunds Initiation* | 30th Jun 2023 |
| Credit of Shares to Demat Account* | 14th Jul 2023 |
| Right Issue Listing Date* | 17th Jul 2023 |
* - Tentative Dates
Zerodha Trade@20
Udaipur Cement Works Limited was established in the year 1993. The Company manufactures cement and clinker at its integrated cement plant in Udaipur, Rajasthan ("Udaipur Manufacturing Plant"), which has an installed production capacity of 1.50 million tonnes per annum ("MTPA") of clinker and 2.20 MTPA of cement powder.
The Company manufactures two types of cement - (a) OPC, which is marketed and sold under the 'Platinum Heavy Duty Cement' brand, and (b) PPC, its premium cement, which is also marketed and sold under the 'Platinum Heavy Duty Cement' brand. In addition to supplying cement through their dealer network to retail customers ("commercial customers"), they also market and sell cement directly from their warehouses to institutional customers and wholesalers (whom they refer to as "non-commercial customers"). They had an extensive distribution network with 56 depots and 453 distributors.
Past performance and financial results of Udaipur Cement Works.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Reserves and Surplus |
|---|---|---|---|---|
| 31-Mar-22 | 1,428.62 | 881.10 | 48.66 | 171.72 |
| 31-Mar-23 | 1,795.34 | 1,032.26 | 35.86 | 223.73 |
| Amount in ₹ Crore | ||||
The table below is live update of Right Issue bidding details from NSE and BSE.
Udaipur Cement Works Right Issue Offer Document (Letter of Offer) >>Document
Udaipur Cement Works Right Issue Offer Document (Letter of Offer) >>Udaipur Cement Works Right Issue Red Herring Prospectus is not yet available.
Udaipur Cement Works Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Udaipur Cement Works Right Issue Online Application (Registrar & Transfer Agent) >>Udaipur Cement Works Right Issue RTA information is not yet available.
Last Updated on 2023-07-08T03:30:44+00:00
If you did not get shares yet then you can contact with Registrar of the company that is Kfin Technologies by the given Email ID or contact No. :
[email protected]
04067162222, 04079611000
