Shree Rama Multi-Tech Limited Right Issue

₹63.00 Cr BSE, NSE 12 Jun 2023 – 26 Jun 2023

Closed Ratio: 11 : 10 BSE, NSE
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Issue Price
₹9.00
Face Value
₹5.00
Issue Size (Shares)
70,000,000
Issue Size (₹ Cr.)
₹63.00
📅 Right Issue Timetable
Last Date to Buy SharesMon, May 29, 2023
Record DateTue, May 30, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnMon, Jun 12, 2023
Issue Open DateMon, Jun 12, 2023
Renunciation Last DateWed, Jun 21, 2023
Bid/Offer Closes OnMon, Jun 26, 2023
Issue Close DateMon, Jun 26, 2023
Deemed Date of AllotmentMon, Jul 10, 2023
Credit DateWed, Jul 12, 2023
Listing DateThu, Jul 13, 2023
📋 Right Issue Details
Issue Size (Shares)70,000,000
Issue Size (Amount)₹63.00 Cr.
Issue Price₹9.00 per share
Face Value₹5.00 per share
Entitlement Ratio11 : 10
Listing AtBSE, NSE
Terms of Payment₹9 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-312020-03-31
Income150.74136.00131.00
EBITDA
Net Worth23.1127.8724.25
Reserves & Surplus-8.25-3.50

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1987, Shree Rama Multi-Tech Limited provides primary packaging solutions for oral care, pharmaceuticals, cosmetics, and fast-moving consumer goods (FMCG) sectors.

The company manufactures packaging products such as laminated tubes ("Lami Tubes"), tube laminates, and flexible laminates.

Shree Rama Multi-Tech Limited's manufacturing facility is located in Moti Bhoyan, Dist. Gandhinagar, Gujarat, and has a capacity to manufacture Lami Tubes of 9,574 Lakhs Nos. per annum and laminates (tube & flexible) of 15,000 metric tons per annum.

The company's client list consist of medium and large scale manufacturers of oral care, pharmaceuticals, cosmetics and FMCG products, and are situated in India as well as overseas in the countries like Belarus, Bulgaria, Indonesia, Nepal, Saudi Arabia, Singapore, Switzerland, Shri Lanka, Slovenia, Tanzania, Tunisia, UAE, USA etc.
📞 Company Contact
CompanyShree Rama Multi-Tech Limited
Address18, Corporate House,
Opp. Dinesh Hall,
Navrangpura, Ahmedabad – 380 009
Ahmedabad, Gujarat, 380009
Phone+91 79 2754 6800
Emailcslegal@srmtl.com
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd.
Phone040-79615565
Emailsrmtl.rights@kfintech.com
WebsiteVisit ↗