Sanginita Chemicals Limited Right Issue

₹15.54 Cr NSE 15 May 2024 – 27 May 2024

Closed Ratio: 1 : 2 NSE
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Issue Price
₹18.00
Face Value
₹10.00
Issue Size (Shares)
8,633,850
Issue Size (₹ Cr.)
₹15.54
📅 Right Issue Timetable
Last Date to Buy SharesMon, May 6, 2024
Record DateTue, May 7, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnWed, May 15, 2024
Issue Open DateWed, May 15, 2024
Renunciation Last DateTue, May 21, 2024
Bid/Offer Closes OnMon, May 27, 2024
Issue Close DateMon, May 27, 2024
Deemed Date of AllotmentThu, May 30, 2024
Credit DateWed, Jun 5, 2024
Listing DateMon, May 6, 2024
📋 Right Issue Details
Issue Size (Shares)8,633,850
Issue Size (Amount)₹15.54 Cr.
Issue Price₹18.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 2
Listing AtNSE
Terms of PaymentThe full amount for Rights Equity Shares of Rs.18 shall be payable by the eligible shareholders at the time of making an application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312022-03-31
Income149.13198.44165.02
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Working Capital Requirement;
2Capital Expenditure;
3General Corporate Purpose; and
4Issue Expenses.
🏢 About the Company
Sanginita Chemicals Limited was established in 2005 and manufactures and exports cuprous chloride, copper sulphate, copper phthalo cyanine blue (CPC), and cupric chloride.

The company offers a wide range of products for the surface coatings industry, including decorative and industrial paints, protective coatings, printing inks and adhesives.

The company's products are used in the dye and pigment industry, paint industry, pharmaceutical industry, electroplating industry, metal extraction industry, printing ink, carbon paper and PVC pipe coating industry, etc. The company offers its customers customized solutions for their specific requirements.
📞 Company Contact
CompanySanginita Chemicals Limited
Address301, Shalin Complex,
B/H Megh Malhar Complex,
Sector-11, Gandhinagar - 382 011
Gandhinagar, Gujarat, 382011
Phone+079-23240270
Emailsanginitachemicals@yahoo.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd.
Phone022-41343255
Emailnewissue@purvashare.com
WebsiteVisit ↗