Marshall Machines Limited Right Issue

₹45.63 Cr NSE 11 Oct 2023 – 26 Oct 2023

Closed Ratio: 7 : 10 NSE
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Issue Price
₹44.80
Face Value
₹10.00
Issue Size (Shares)
10,185,000
Issue Size (₹ Cr.)
₹45.63
📅 Right Issue Timetable
Last Date to Buy SharesThu, Sep 28, 2023
Record DateFri, Sep 29, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnWed, Oct 11, 2023
Issue Open DateWed, Oct 11, 2023
Renunciation Last DateMon, Oct 16, 2023
Bid/Offer Closes OnThu, Oct 26, 2023
Issue Close DateThu, Oct 26, 2023
Deemed Date of AllotmentMon, Oct 30, 2023
Credit DateTue, Oct 31, 2023
Listing DateMon, Nov 6, 2023
📋 Right Issue Details
Issue Size (Shares)10,185,000
Issue Size (Amount)₹45.63 Cr.
Issue Price₹44.80 per share
Face Value₹10.00 per share
Entitlement Ratio7 : 10
Listing AtNSE
Terms of PaymentThe full amount of the Issue Price being ₹ 44.80 will be payable on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income37.0060.4667.25
EBITDA
Net Worth39.5345.9749.03
Reserves & Surplus24.9831.4234.48

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1961, Marshall Machines Limited provides smart IoT-enabled CNC solutions.

Marshall Machines' product portfolio includes:

Marshall Roboturn XL Cell: Automated cell for zero-defect production
Juno: Complete machining (Turning and milling) at low cost
Roboturn Flexi Cell: Flexible cell for production of small batches
SMART-ER: Lowest footprint machine with very high output
Twinturn Uber with Smartload: Lowest cost automation with space saving
TM Series Turnmill: Better solution than Turning + VMC
The company has deployed over 4,000 machines over 4 decades and has more than 1,500 clients across two customer segments: Institutional and SMEs, with more than 300 committed team members across various functions.

Marshall's clientele is spread across numerous industries, including automobile, consumer durables & appliances, general engineering, and so on.
📞 Company Contact
CompanyMarshall Machines Limited
AddressC-86,
Phase-V,
Focal Point, Ludhiana - 141010
Ludhiana, Punjab, 141010
Phone+91-161-5012406
Emailheadoffice@marshall.cnc.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗