Sharanam Infraproject And Trading Ltd Right Issue

₹7.00 Cr BSE 24 Jan 2024 – 2 Feb 2024

Closed Ratio: 7 : 5 BSE
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Issue Price
₹1.00
Face Value
₹1.00
Issue Size (Shares)
70,001,400
Issue Size (₹ Cr.)
₹7.00
📅 Right Issue Timetable
Last Date to Buy SharesTue, Jan 9, 2024
Record DateWed, Jan 10, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnWed, Jan 24, 2024
Issue Open DateWed, Jan 24, 2024
Renunciation Last DateMon, Jan 29, 2024
Bid/Offer Closes OnFri, Feb 2, 2024
Issue Close DateFri, Feb 2, 2024
Deemed Date of AllotmentThu, Feb 8, 2024
Credit DateTue, Feb 13, 2024
Listing DateThu, Feb 15, 2024
📋 Right Issue Details
Issue Size (Shares)70,001,400
Issue Size (Amount)₹7.00 Cr.
Issue Price₹1.00 per share
Face Value₹1.00 per share
Entitlement Ratio7 : 5
Listing AtBSE
Terms of Payment
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income0.000.180.46
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To meet the working capital requirements of the company
🏢 About the Company
Incorporated in February 1992, Sharanam Infraproject And Trading Limited is involved in the retail business of supplying building materials.

The company provides services, including real estate transactions, specifically the buying and selling of land and buildings. It also involves in the activities such as owning, renting, subletting, maintaining, transferring, exchanging, mortgaging, and collecting rent on properties. Additionally, it engages in the business of construction, reconstruction, extension, alteration, and demolition of buildings, as well as the repair, overhaul, and maintenance of properties and related materials.

Sharanam is also engaged in the supply chain distribution of various Steel Products including building materials such as seamless or welded steel pipes,blooms, and slabs, welded pipe, electric resistance welding (ERW), high-frequency induction welding (HFI), longitudinal submerged arc welding (LSAW), seamless pipe, oil and gas industry usage, real Estate and infrastructural projects in Gujarat & nearby states.
📞 Company Contact
CompanySharanam Infraproject And Trading Ltd
Address303, Earth Arise
Nr. Y.M.C.A. Club, S. G. Road
Makarba, Vejalpur, Ahmedabad – 380 051
Ahmedabad, Gujarat, 380051
Phone079-29707666
Emailsharanaminfraproject@gmail.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd.
Phone044-28460390/28460391/28460392
Emailinvestors@cameoindia.com
WebsiteVisit ↗