Suditi Industries Rights Issue 2022, Price, Ratio & Allotment Details

Suditi Industries Rights Issue 2022

Suditi Industries Rights issue 2022 Date will be open from 15 September 2022 and closes on 21 September 2022. The company has set a record date of the rights issue on 06 September 2022. The company will offer 97,52,290 Shares through this rights issue and through this issue and the company will collect ₹29.26 Crores. and the company Suditi Industries Rights Issue Price of this issue has been announced at ₹30 per share as per the face value of ₹10.

Suditi Industries Limited is in the business of manufacturing 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, whole‐sale 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, laces.

The company have three manufacturing facilities two of which are located at MIDC, TTC Industrial Area, Pawne Village, Turbhe, Navi Mumbai in the state of Maharashtra and the third at Vapi in District Valsad in the state of Gujarat.

Read also:- Share Buyback 2022 List

The Company has an annual installed capacity of 12 lakh pieces per annum at our Garments division. Besides, Our Company has an annual installed capacity of 4,050 Metric Tonnes per annum in our Dyeing division.

Object of the Issue :

  • Augmentation of existing and incremental Working Capital requirement of our Company.
  • Part repayment or prepayment of Unsecured Loans / Inter‐Corporate Deposits availed by our Company from our Promoter and Promoter group companies forming part of Promoter Group.
  • Part repayment/pre‐payment of certain secured loans availed from lenders.
  • General Corporate purposes.
  • Issue related expenses.

Suditi Industries Rights issue Review :

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Suditi Industries Rights issue 2022 Date & Price Details :

Issue Open :15 September 2022
Issue Close :21 September 2022
Record Date :06 September 2022
Issue Size :₹29.26 Cr
Face Value :₹10 Equity Share
Price Band :₹30 Per Share
Listing On :BSE
Issue Shares Offer :97,52,290
Ratio :5:9
Suditi Industries Rights issue 2022

Suditi Industries Rights issue 2022 Date :

Bid Open Date :15 September 2022
Bid Close Date :21 September 2022
Record Date :06 September 2022
Allotment Date :27 September 2022
Share Credit Date :29 September 2022
Listing Date :03 October 2022

Suditi Industries Financial Report (Cr):

YearRevenueExpenseP&L
2022₹103₹120₹-35
2021₹50₹61₹-18
2020₹95₹90₹-2
Suditi Industries Rights issue 2022

How to apply Suditi Industries Rights Issue :

  • Visit the registrar’s website
  • Go to the ‘Rights Issue’ section
  • Select Suditi Industries 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

Suditi Industries Rights Issue Lead Manager :

Chartered Finance Management Private Limited
(Formerly known as Chartered Finance Management Limited)
2nd Floor, Wakefield House, Sprott Road, Ballard Estate,
Mumbai – 400038, Maharashtra, India
Tel. No.: +91 22 22696944 / 22675708
Email: [email protected]
Website: www.charteredfinance.in

Suditi Industries Rights Issue Registrar :

Link intime India Private Limited
C ‐101, 1st Floor, 247 Park, LBS Marg,
Vikhroli (West), Mumbai – 400083, Maharashtra, India
Tel: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: www.linkintime.co.in
Investor Grievance Email: [email protected]

Company Address :

Suditi Industries Limited
C‐253/254, MIDC,
TTC Industrial Area, Pawne Village,
Turbhe, Navi Mumbai – 400705,
Phone: +9122‐67368600
Email: [email protected]
Website: https://suditi.in/

Suditi Industries Rights Issue 2022 FAQs :

What is Suditi Industries Rights Issue Open Date?
Suditi Industries Rights Issue 2022 Open date is 15 September 2022.

What is Suditi Industries Rights Issue Close Date?
Suditi Industries Rights Issue 2022 Close date is 21 September 2022.

When is Suditi Industries Rights Issue 2022 Record Date?
Suditi Industries Rights Issue 2022 record date is 06 September 2022.

What is Suditi Industries Rights Issue Price?
The company has fixed the price at ₹30 per share.

What is Suditi Industries Rights Issue 2022 Size?
The company Suditi Industries Rights Issue Size is ₹29.26 Cr.

What is Suditi Industries Rights Issue Ratio?
The company has fixed the ratio Of 5:9.

How to apply for Suditi Industries Rights Issue 2022?
You can apply for the Suditi Industries Rights Issue in two ways:

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


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Suditi Industries Rights Issue 2022, Price, Ratio & Allotment Details

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