Sundaram Finance Holdings Rights issue Date will be open from 6 May 2021 to 4 June 2021. The company has set a record date of the rights issue on 27 Apr 2021. The company will offer 7,10,00,000 Rights Equity Shares through this rights issue and through this issue and the company will collect ₹355 Crores. and the company Sundaram Finance Holdings Rights Issue Price of this issue has been announced at Rs. 50 per share as per the face value of Rs. 5.
The Company was incorporated on October 13, 1993, under the name of Sundaram Finance Securities Private Limited. The company is an automotive sector-focused investment company with investments in 20 portfolio companies of which 15 companies are involved across the automotive manufacturing value chain.
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Our investments are focused in the automotive space, with current investments in portfolio companies engaged in various aspects of automotive manufacturing including axles, axle housing, wheels and suspension, fuel injection equipment, precision aluminum cast products, iron castings, spare parts, and electrical equipment. Further, several of our portfolio companies are market leaders in their respective segments, such as Brakes India Private Limited, which is amongst the leading suppliers of braking systems in the personal vehicle segment, Wheels India Limited. which is a key player in steel rims/wheels manufacturing as well as a key supplier on air suspension systems, Turbo Energy Private Limited,
Which is one of the largest turbocharger manufacturers in the domestic market, catering to all major personal vehicle OEMs as well as commercial vehicle players, Axles India Limited, which is a prominent axle housing suppliers, Sundaram Clayton Limited, which is a leading aluminum die-casting company, especially in the commercial vehicle segment, Lucas TVS Limited, which is a key supplier of automotive electrical components such as alternators, starter motors, and wiper motors and Delphi TVS Technologies Limited.
One of the few large players in the fuel injection system market. (Source: ICRA Report) As per ICRA, Turbo Energy, Honeywell Turbo Technologies India Private Limited (“Honeywell”), and Cummins Turbo Technologies Limited (“CTT”) together accounted for over 90% of the domestic turbocharger requirement.
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We also provide business process outsourcing services in the nature of information technology-enabled services in areas of accounting, insurance, banking, human resources, telecom, etc. and administrative, managerial, maintenance, document processing, data entry, reconciliation, training and orientation, and other support services to our portfolio companies and to various third parties through our Subsidiary.
Sundaram Finance Holdings Rights issue Review :
■ Apply for Long Term
Sundaram Finance Holdings Rights issue Date & Price Details :
| Issue Open : | 6 May 2021 |
| Issue Close : | 4 June 2021 |
| Record Date : | 27 Apr 2021 |
| Issue Size : | 355 Cr |
| Face Value : | ₹5 Rs. Equity Share |
| Price Band : | 50 Per Share |
| Listing On : | NSE |
| Issue Shares Offer : | 7,10,00,000 |
| Ratio : | 23:49 |
Sundaram Finance Holdings Rights issue Important Date :
| Bid Open Date : | 6 May 2021 |
| Bid Close Date : | 4 June 2021 |
| Record Date : | 27 Apr 2021 |
| Allotment Date : | 10 June 2021 |
| Share Credit Date : | 11 June 2021 |
| Listing Date : | 15 June 2021 |
Sundaram Finance Holdings Financial Report :
| Year | Revenue | Expense | P&L |
| 2020 | ₹9846.85 | ₹6369.4Z | ₹2929.75 |
| 2019 | ₹10265.23 | ₹6060,83 | ₹3021.79 |
Promoters & Board Of Directors :
| Name | Designation |
| T T Srinivasaraghavan | Chairman and Non-Executive Director |
| R Venkatraman | Independent Director |
| S Prasad | Independent Director |
| Shobhana Ramachandran | Independent Director |
| Srivats Ram | Non-Executive Director |
| Harsha Viji | Non-Executive Director |
| S. Ravi | Chief Executive Officer |
How to apply Sundaram Finance Holdings Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select Sundaram Finance Holdings Rights Issue from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
Quick link :
■ Sundaram Finance Holdings Letter Of Offer
Sundaram Finance Holdings Rights Issue Lead Manager :
JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg, Prabhadevi
Mumbai 400 025
Maharashtra, India
Telephone: +91 22 6630 3030; +91 22 6630 3262
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Contact Person: Prachee Dhuri
Website: www.jmfl.com
Sundaram Finance Holdings Rights Issue Registrar :
Cameo Corporate Services Limited
Subramanian Building, No.1, Club House Road,
Chennai 600 002
Tamil Nadu, India
Telephone: +91 44 2846 0390
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Contact Person: Ms. Sreepriya K
Website: www.cameoindia.com
Company Address :
Registered and Corporate Office
21, Patullos Road,
Chennai – 600 002,
Tamil Nadu, India
Telephone: +91 44 2852 1181
E-mail: [email protected]
Website: www.sundaramholdings.in
Sundaram Finance Holdings Rights Issue FAQs :
What is Sundaram Finance Holdings Rights Issue Open Date?
Sundaram Finance Holdings Rights Issue 2021 Open date is 6 May 2021.
What is Sundaram Finance Holdings Rights Issue Close Date?
Sundaram Finance Holdings Rights Issue 2021 Close date is 4 June 2021.
When is Sundaram Finance Holdings Rights Issue Record Date?
Sundaram Finance Holdings Rights Issue 2021 record date is 27 Apr 2021.
What is Sundaram Finance Holdings Rights Issue Price?
The company has fixed the price at ₹50 per share.
What is Sundaram Finance Holdings Rights Issue Size?
The company Sundaram Finance Holdings Rights Issue Size is ₹355 Cr.
What is Sundaram Finance Holdings Rights Issue Ratio?
The company has fixed the ratio Of 23:49.
How to apply for Sundaram Finance Holdings Rights Issue 2021?
You can apply for the Sundaram Finance Holdings Rights Issue in two ways:
1 – Net Banking (ASBA) 2 – Registrar’s Website
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