Rajapalayam Mills Limited Right Issue

₹34.98 Cr BSE 18 Jan 2023 – 7 Feb 2023

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Issue Price
₹569.00
Face Value
₹10.00
Issue Size (Shares)
614,680
Issue Size (₹ Cr.)
₹34.98
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateFri, Dec 30, 2022
Credit of Rights EntitlementsTue, Jan 17, 2023
Bid/Offer Opens OnWed, Jan 18, 2023
Issue Open DateWed, Jan 18, 2023
Renunciation Last DateThu, Feb 2, 2023
Bid/Offer Closes OnTue, Feb 7, 2023
Issue Close DateTue, Feb 7, 2023
Deemed Date of AllotmentThu, Feb 16, 2023
Credit DateMon, Feb 20, 2023
Listing DateThu, Feb 23, 2023
📋 Right Issue Details
Issue Size (Shares)614,680
Issue Size (Amount)₹34.98 Cr.
Issue Price₹569.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of Payment₹569 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-31FY I
Income705.26429.12
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Rajapalayam Mills Limited is part of the South India-based Ramco Group, incorporated in 1936 and founded by P. A. C. Ramasamy Raja. The Company is engaged in the business of manufacturing cotton yarn ranging from 4s to 355s (single/double yarn) and fabrics. Presently, it has four manufacturing facilities for cotton yarn and one manufacturing facility for fabric.

The Company manufactures a wide range of products like Open End yarn, Ring yarn, Compact yarn, TFO yarn, Gassed yarn, Mercerised yarn, Slub yarn, Multi Count yarn, Melange yarn, Dyed High Twist yarn, Core Spun yarn, and Eli twist yarn. Their products are tailor-made to cater to specific customer needs. They sell their products in domestic and international markets.

The Company is also engaged in the generation of electricity from windmills. It has an aggregate installed capacity of 35.15 megawatts (MW) of wind power facilities, which it uses for its captive consumption. This helps the Company to control its power costs.
📞 Company Contact
CompanyRajapalayam Mills Limited
AddressRajapalayam Mills Premises, Post Box No. 1,
P.A.C. Ramaswamy Road,
Rajapalayam - 626117
Phone+91-4563-235666
Emailrajacot@ramcotex.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd
Phone044-28460390
Emailpriya@cameoindia.com
WebsiteVisit ↗