Shree Ram Proteins Limited Right Issue

₹49.27 Cr NSE 17 Jul 2023 – 25 Aug 2023

Closed Ratio: 1 : 1 NSE
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Issue Price
₹2.30
Face Value
₹1.00
Issue Size (Shares)
214,200,000
Issue Size (₹ Cr.)
₹49.27
📅 Right Issue Timetable
Last Date to Buy SharesWed, Jul 5, 2023
Record DateThu, Jul 6, 2023
Credit of Rights EntitlementsSat, Aug 12, 2023
Bid/Offer Opens OnMon, Jul 17, 2023
Issue Open DateMon, Jul 17, 2023
Renunciation Last DateWed, Aug 9, 2023
Bid/Offer Closes OnFri, Aug 25, 2023
Issue Close DateFri, Aug 25, 2023
Deemed Date of Allotment
Credit DateMon, Aug 28, 2023
Listing DateMon, Sep 4, 2023
📋 Right Issue Details
Issue Size (Shares)214,200,000
Issue Size (Amount)₹49.27 Cr.
Issue Price₹2.30 per share
Face Value₹1.00 per share
Entitlement Ratio1 : 1
Listing AtNSE
Terms of PaymentThe full amount in regards to the Rights Equity Shares i.e., Rs. 2.30 is payable on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income162.73288.56152.68
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 2008, Shree Ram Proteins Limited is engaged in the business of de-linting and de-hulling of cotton seeds. This is executed by a mechanical process, further the company also engaged in oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts.

The products manufactured by Shree Ram Proteins Limited are: Cotton linter, Delinted Cotton Seeds, Cotton seed husk/hulls, Cotton Seeds Oil Cake, Cotton Seeds De-oil Cake, Pre- Refine Wash Oil, Ground Nuts Oil Cake, Cotton (Kapas), and Cotton Bales.

The company carries out its manufacturing at its facility, which is situated in Rajkot.

The manufacturing process of the product is undertaken in the following steps:

De-linting and de-hulling of Cotton seeds, the process manufactures shot fiber (linter), and De-linted cotton Seeds
The cotton seeds oil extraction process producing refine cotton seeds oil and cotton seeds oil cake
Solvent extraction process, resulting in pre refined wash oil and de-oil cotton seeds cake
The products of the company are then put in process to produce further products, for instance, Cotton linter can be used in paper manufacturing. It can also be used as raw materials for manufacture of cellulose.
📞 Company Contact
CompanyShree Ram Proteins Limited
AddressImperial Heights Tower-B, Second Floor,
Office No. B-206, 150 Ft Ring Road,
Opp. Big Bazar Na Rajkot - 360005
Rajkot, Gujarat, 360005
Phone+91 28252 80634
Emailinfo@shreeramproteins.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd.
Phone011-26812682
Emailipo@skylinerta.com
WebsiteVisit ↗