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Amal Limited Right Issue

₹49.94 Cr BSE 6 Mar 2023 – 14 Mar 2023

Closed Ratio: 24 : 77 BSE
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Issue Price
₹170.00
Face Value
₹10.00
Issue Size (Shares)
2,937,662
Issue Size (₹ Cr.)
₹49.94
📅 Right Issue Timetable
Last Date to Buy SharesMon, Feb 20, 2023
Record DateTue, Feb 21, 2023
Credit of Rights EntitlementsSat, Mar 4, 2023
Bid/Offer Opens OnMon, Mar 6, 2023
Issue Open DateMon, Mar 6, 2023
Renunciation Last DateWed, Mar 8, 2023
Bid/Offer Closes OnTue, Mar 14, 2023
Issue Close DateTue, Mar 14, 2023
Deemed Date of AllotmentTue, Mar 21, 2023
Credit DateThu, Mar 23, 2023
Listing DateFri, Mar 24, 2023
📋 Right Issue Details
Issue Size (Shares)2,937,662
Issue Size (Amount)₹49.94 Cr.
Issue Price₹170.00 per share
Face Value₹10.00 per share
Entitlement Ratio24 : 77
Listing AtBSE
Terms of Payment₹170 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-31FY I
Income43.7931.67
EBITDA
Net Worth35.3534.26
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1974, Amal Limited is engaged in the manufacturing of chemicals. The company undertakes bulk manufacturing of chemicals like Sulphuric acid and oleum and of their downstream products like Sulphur dioxide and Sulphur trioxide.

The chemicals produced by Amal Limited find their usage in different industries and products including dyes, fertilizers, personal care, petrochemical, pharmaceutical, textile, and others. Given the type of operations led by the company, they primarily cater to the business-to-business segment.

The product portfolio of the company comprises of:

Sulphuric Acid
Sulphur Dioxide and Sulphur Trioxide
Oleum
The manufacturing facility of the company is situated at Ankleshwar, Gujarat which was taken on leasehold land on long-term basis from GIDC.

Amal Limited is led under the leadership of Mr. Sunil Lalbhai, Chairman, and Mr. Rajeev Kumar, Managing Director. They carry their distinct skills and extensive experience in the chemical industry. They are harnessing the company's operations and driving it toward growth.
📞 Company Contact
CompanyAmal Limited
Address309, Veer Savarkar Marg, Opp. India United Mills,
Near Prabhadevi Telephone Exchange,
Dadar (West), Mumbai – 400 028
Mumbai, Maharashtra, 400028
Phone+91 22 62559700
Emailsec@amal.co.in
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd.
Phone022-49186000
Emailamal.rights@linkintime.co.in
WebsiteVisit ↗