Grasim Industries Ltd Right Issue

₹3,999.80 Cr BSE, NSE 17 Jan 2024 – 29 Jan 2024

Closed Ratio: 6 : 179 BSE, NSE
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Issue Price
₹1,812.00
Face Value
₹2.00
Issue Size (Shares)
22,073,935
Issue Size (₹ Cr.)
₹3,999.80
📅 Right Issue Timetable
Last Date to Buy SharesTue, Jan 9, 2024
Record DateWed, Jan 10, 2024
Credit of Rights EntitlementsTue, Jan 16, 2024
Bid/Offer Opens OnWed, Jan 17, 2024
Issue Open DateWed, Jan 17, 2024
Renunciation Last DateTue, Jan 23, 2024
Bid/Offer Closes OnMon, Jan 29, 2024
Issue Close DateMon, Jan 29, 2024
Deemed Date of AllotmentThu, Feb 8, 2024
Credit DateFri, Feb 9, 2024
Listing DateMon, Feb 12, 2024
📋 Right Issue Details
Issue Size (Shares)22,073,935
Issue Size (Amount)₹3,999.80 Cr.
Issue Price₹1,812.00 per share
Face Value₹2.00 per share
Entitlement Ratio6 : 179
Listing AtBSE, NSE
Terms of PaymentThe amount of Rs. 453 per Rights Equity Share is to be paid on the Application. The balance of Rs 1,359 will be paid on up to three subsequent calls as determined by the Board.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income121,239.1396,522.47267,554.21
EBITDA
Net Worth78,742.0075,698.0065,494.00
Reserves & Surplus78,610.0075,567.0075,567.00

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1947, Grasim Industries Limited is a textile manufacturing company based in Mumbai, India and produces Viscose, Diversified Chemicals, Linen Yarn and Fabrics.

The company has recently entered the paint business under the brand name 'Birla Opus' and plans to set up six manufacturing plants for decorative paints across various locations in India.

Grasim aims to create sustainable value for employees, shareholders, society, and customers. In FY2023, the company reported consolidated net revenue of ₹1,17,627 Cr. and EBITDA of ₹20,478 Cr.
📞 Company Contact
CompanyGrasim Industries Ltd
AddressAditya Birla Centre, ‘A’ Wing, 2nd Floor,
S.K. Ahire Marg,
Worli, Mumbai 400 030,
Mumbai, Maharashtra, 400030
Phone+91 22 6652 5000
Emailgrasim.secretarial@adityabirla.com
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd.
Phone040-79615565
Emailgil.rights@kfintech.com
WebsiteVisit ↗