Synergy Green Industries Ltd Right Issue

₹45.92 Cr BSE, NSE 23 Sep 2024 – 4 Oct 2024

Closed Ratio: 1 : 10 BSE, NSE
HomeRight Issue › Synergy Green Industries Ltd
← Back to List
Issue Price
₹325.00
Face Value
₹10.00
Issue Size (Shares)
1,413,000
Issue Size (₹ Cr.)
₹45.92
📅 Right Issue Timetable
Last Date to Buy SharesTue, Sep 10, 2024
Record DateWed, Sep 11, 2024
Credit of Rights EntitlementsMon, Sep 16, 2024
Bid/Offer Opens OnMon, Sep 23, 2024
Issue Open DateMon, Sep 23, 2024
Renunciation Last DateMon, Sep 30, 2024
Bid/Offer Closes OnFri, Oct 4, 2024
Issue Close DateFri, Oct 4, 2024
Deemed Date of AllotmentFri, Oct 11, 2024
Credit DateTue, Oct 15, 2024
Listing DateMon, Oct 21, 2024
📋 Right Issue Details
Issue Size (Shares)1,413,000
Issue Size (Amount)₹45.92 Cr.
Issue Price₹325.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 10
Listing AtBSE, NSE
Terms of PaymentThe entire amount of the Issue Price of Rs. 325 per Rights Equity Share shall be payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income328.13290.42
EBITDA
Net Worth46.6935.11
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Capital expenditure for enhancement of present foundry capacity of 30,000 MT/Annum to enhance the foundry capacity up to 45,000 MT/Annum
2Capital Expenditure for setting up New Fettling Shop (Foundry Expansion) 45,000 MT/Annum Capacity at Five Star MIDC, Kagal, Kolhapur-416216, Maharashtra.
3Capital Expenditure to build 10,000 MT/Annum of new machining capacity at Five Star MIDC, Kagal, Kolhapur-416216, Maharashtra.
4stallation of Solar plant for Captive consumption.
5To meet the expenses of the Issue.
🏢 About the Company
Synergy Green Industries Limited was established in 2011 and is engaged in the manufacture of large format critical castings for the wind turbine industry, wind gearboxes and general engineering applications such as mining, plastic injection moulding and pumps.

Synergy Green Industries is the only company in India to have installed a semi-automated mould preparation line and delivers excellent quality with highest productivity. The company manufactures ductile iron, grey iron and steel castings in a weight range of 3 MT to 30 MT single piece.

The company's customer list includes the world’s top 10 wind turbine OEMs such as Vestas, Siemens Gamesa, GE Renewable, Nordex and Senvion, as well as wind gearbox customers such as ZF and Flender.
📞 Company Contact
CompanySynergy Green Industries Ltd
Address392,
E Ward Shahupuri,
Kolhapur - 416001
Kolhapur, Maharashtra, 416001
Phone910231265837
Emailnmm@synergygreenind.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailsynergygreen.rights@linkintime.co.in
WebsiteVisit ↗