Jyoti Structures Ltd Right Issue

₹174.63 Cr BSE, NSE 15 Apr 2024 – 29 Apr 2024

Closed Ratio: 6 : 37 BSE, NSE
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Issue Price
₹15.00
Face Value
₹2.00
Issue Size (Shares)
116,420,710
Issue Size (₹ Cr.)
₹174.63
📅 Right Issue Timetable
Last Date to Buy SharesWed, Mar 20, 2024
Record DateThu, Mar 21, 2024
Credit of Rights EntitlementsFri, Apr 12, 2024
Bid/Offer Opens OnMon, Apr 15, 2024
Issue Open DateMon, Apr 15, 2024
Renunciation Last DateWed, Apr 24, 2024
Bid/Offer Closes OnMon, Apr 29, 2024
Issue Close DateMon, Apr 29, 2024
Deemed Date of AllotmentMon, May 6, 2024
Credit DateWed, May 8, 2024
Listing DateFri, May 10, 2024
📋 Right Issue Details
Issue Size (Shares)116,420,710
Issue Size (Amount)₹174.63 Cr.
Issue Price₹15.00 per share
Face Value₹2.00 per share
Entitlement Ratio6 : 37
Listing AtBSE, NSE
Terms of PaymentIssue Price of Rs.15/- payable on Application
📊 Company Financials (Restated)
Period Ended2023-09-302023-03-312022-03-31
Income270.01231.075.44
EBITDA
Net Worth-28.9622.62151.88
Reserves & Surplus-223.36-188.98-65.34

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Payment of NCLT approved resolution plan dues
2Meeting costs, expenses, charges and other payment commitments/obligations, including margin requirements associated with financing to be raised from banks and financial institutions for the operations of the Company.
3General corporate purposes
🏢 About the Company
Incorporated in 1974, Jyoti Structures Limited provides Engineering, Procurement, and Construction (EPC) solutions for Power Transmission and Distribution networks.

The Company offers end-to-end solutions and services, including inception, conceptualization, survey, design, engineering, testing, fabrication, supply, sourcing, mobilization, civil works, erection, and commissioning of Transmission lines, Substation, and Distribution networks per customer specifications.

The company offers services such as design & Engineering, Transmission Tower manufacturing & testing, construction and project management.
The company's client base includes power transmission and distribution companies. The company has completed projects and exported products to clients in the USA, UK, Canada, France, South Africa, Bangladesh, Tanzania, Kenya, Kuwait, Rwanda, Tajikistan, UAE, Algeria, Philippines, and Georgia.

The company operates OHSAS 18001-certified facilities and adheres to all International Standards to ensure quality products and equipment production. The company operates ISO 9001 and ISO 1401.
📞 Company Contact
CompanyJyoti Structures Ltd
Address6th Floor, Valecha Chambers
New Link Road,
Andheri (West), Mumbai-400 053
Andheri, Maharashtra, 400053
Phone022-40915000
Emailinvestors@jsl.co.in
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗