Sandur Manganese Rights Issue 2022, Price, Ratio & Allotment Details

Sandur Manganese Rights Issue 2022

Sandur Manganese Rights issue 2022 Date will be open from 08 Aug 2022 and closes on 29 Aug 2022. The company has set a record date of the rights issue on 27 July 2022. The company will offer 1,80,03,882 Shares through this rights issue and through this issue and the company will collect ₹18.39 Crores. and the company Sandur Manganese Rights Issue Price of this issue has been announced at ₹10 per share as per the face value of ₹10.

Sandur Manganese & Iron Ores (SMIORE) is involved in mining of low phosphorous manganese and iron ore in the Deogiri village of Sandur taluk, Bellary District, Karnataka. It is the flagship company of the Sandur group which was promoted by the former ruler of the princely state of Sandur. It is the fifth-largest iron ore miner in Karnataka and the largest private miner of manganese ore in India.

Read also:- Share Buyback 2022 List

The Company’s operations span over three business segments i.e. Mining (Manganese & Iron Ores), Ferroalloys and Coke & Energy. Together, these assets work in conjunction with each other to leverage the benefits of being an integrated Company in the metals and mining industry. SMIORE was the only Mining Lessee in the State of Karnataka to have received a 5-star award and was one among the three iron ore Mining Lessees in the country. Thereafter, SMIORE has been continuously receiving a 5-star rating every year – a testament to its operational track record.

Object of the Issue :

  • Investment in the Equity Shares of “Renew Sandur Green Energy Private Limited” (the “Proposed SPV”).
  • Issue related expenses.

Sandur Manganese Rights issue Review :

Apply for Long Term

Sandur Manganese Rights issue 2022 Date & Price Details :

Issue Open :08 August 2022
Issue Close :29 August 2022
Record Date :27 July 2022
Issue Size :₹18.39 Cr
Face Value :₹10 Rs. Equity Share
Price Band :10 Per Share
Listing On :BSE,
Issue Shares Offer :1,80,03,882
Ratio :2:1
Sandur Manganese Rights Issue 2022

Sandur Manganese Rights issue 2022 Date :

Bid Open Date :08 August 2022
Bid Close Date :29 August 2022
Record Date :27 July 2022
Allotment Date :07 Aug 2022
Share Credit Date :08 Aug 2022
Listing Date :13 Aug 2022

Sandur Manganese Financial Report (Cr):

YearRevenueExpenseP&L
2022₹2249₹1275₹675
2021₹747₹475₹154
2020₹592₹396₹147
Sandur Manganese Rights Issue 2022

How to apply Sandur Manganese Rights Issue :

  • Visit the registrar’s website
  • Go to the ‘Rights Issue’ section
  • Select Sandur Manganese Rights Issue from the dropdown.
  • Enter Demat Account Number.
  • Fill the online application form.
  • Validate and submit the application.

Quick link :

■ Letter Of Offer
■ Application Form

Sandur Manganese Rights Issue Lead Manager :

Finshore Management Services Ltd
“Anandlok”, Block-A, 2nd Floor,
Room No. 207, 227 A.J.C Bose Road,
Kolkata-700020, West Bengal
Telephone: +91 33 2289 5101
Email Id: [email protected]
Investor Grievance Email Id: [email protected]
Website: www.finshoregroup.com

Sandur Manganese Rights Issue Registrar :

Venture Capital and Corporate Investment Pvt Ltd
12-10-167, Bharat Nagar,
Hyderabad 500018
Telephone: 040-23818475/23818476/23868023
Fax:040 – 23868024 ,
Email: [email protected]
Website: www.vccipl.com

Company Address :

Sandur Manganese & Iron Ores Ltd
SATYALAYA” Door No.266 (Old No.80),
Ward No. 1, Behind Taluk Office,
Sandur – 583 119 Ballari
District, Karnataka
Tel No: +91 9448497985
Fax No: +91 8041520182
E-Mail ID: [email protected], [email protected]
Website: www.sandurgroup.com

Sandur Manganese Rights Issue 2022 FAQs :

What is Sandur Manganese Rights Issue Open Date?
Sandur Manganese Rights Issue 2022 Open date is 08 August 2022.

What is Sandur Manganese Rights Issue Close Date?
Sandur Manganese Rights Issue 2022 Close date is 29 August 2022.

When is Sandur Manganese Rights Issue 2022 Record Date?
Sandur Manganese Rights Issue 2022 record date is 27 July 2022.

What is Sandur Manganese Rights Issue Price?
The company has fixed the price at ₹10 per share.

What is Sandur Manganese Rights Issue 2022 Size?
The company Sandur Manganese Rights Issue Size is ₹18.39 Cr.

What is Sandur Manganese Rights Issue Ratio?
The company has fixed the ratio Of 2:1.

How to apply for Sandur Manganese Rights Issue 2022?
You can apply for the Sandur Manganese Rights Issue in two ways:

1 – Net Banking (ASBA) 2 – Registrar’s Website


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Sandur Manganese Rights Issue 2022, Price, Ratio & Allotment Details
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