Bharat Gears Limited Right Issue

₹9.77 Cr BSE, NSE 22 Nov 2021 – 6 Dec 2021

Closed BSE, NSE
HomeRight Issue › Bharat Gears Limited
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Issue Price
₹105.00
Face Value
₹10.00
Issue Size (Shares)
930,610
Issue Size (₹ Cr.)
₹9.77
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateFri, Oct 29, 2021
Credit of Rights EntitlementsSat, Nov 20, 2021
Bid/Offer Opens OnMon, Nov 22, 2021
Issue Open DateMon, Nov 22, 2021
Renunciation Last DateThu, Dec 2, 2021
Bid/Offer Closes OnMon, Dec 6, 2021
Issue Close DateMon, Dec 6, 2021
Deemed Date of AllotmentThu, Dec 16, 2021
Credit DateMon, Dec 20, 2021
Listing DateTue, Dec 21, 2021
📋 Right Issue Details
Issue Size (Shares)930,610
Issue Size (Amount)₹9.77 Cr.
Issue Price₹105.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹105 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-31FY I
Income5,043.964,679.95
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Meet part of the working capital requirements
2Meet expenses for the Issue
🏢 About the Company
Incorporated in the year 1971, Bharat Gears Ltd. is one of the most reputed companies in gears technology and one of the largest gear manufacturers in India. The company is engaged in the manufacturing of a wide range of ring gears and pinions, transmission gears and shafts, differential gears, gearboxes majorly for the automotive industry. The company's manufacturing business can be broadly categorized into 3 segments: Gears, Automotive Components and Furnaces.

India being the primary market, the company is also growing its exports to North America, the European market, and some other countries. Bharat Gear's customer list includes some of the prominent players in the domestic automobile industry and some key players in the international markets in the tractors, trucks, construction equipment, buses, and utility vehicle segments. Company's business operations and products primarily cater to the B2B segment.
📞 Company Contact
CompanyBharat Gears Limited
Address20 K.M. Mathura Road,
P.O. Amar Nagar,
Faridabad - 121 003, Haryana
Faridabad, Haryana, 121003
Phone+91 129 428 8888
Emailinfo@bglindia.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone+91-22-4918 6270
Emailbharatgears.rights@linkintime.co.in
WebsiteVisit ↗