Patel Engineering Limited Right Issue

₹398.97 Cr BSE, NSE 12 Dec 2025 – 19 Dec 2025

Closed Ratio: 7 : 40 BSE, NSE
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Issue Price
₹27.00
Face Value
₹1.00
Issue Size (Shares)
147,765,820
Issue Size (₹ Cr.)
₹398.97
📅 Right Issue Timetable
Last Date to Buy SharesWed, Dec 3, 2025
Record DateThu, Dec 4, 2025
Credit of Rights EntitlementsFri, Dec 5, 2025
Bid/Offer Opens OnFri, Dec 12, 2025
Issue Open DateFri, Dec 12, 2025
Renunciation Last DateTue, Dec 16, 2025
Bid/Offer Closes OnFri, Dec 19, 2025
Issue Close DateFri, Dec 19, 2025
Deemed Date of AllotmentMon, Dec 22, 2025
Credit DateTue, Dec 23, 2025
Listing DateTue, Dec 23, 2025
📋 Right Issue Details
Issue Size (Shares)147,765,820
Issue Size (Amount)₹398.97 Cr.
Issue Price₹27.00 per share
Face Value₹1.00 per share
Entitlement Ratio7 : 40
Listing AtBSE, NSE
Terms of PaymentThe full amount of Rs 27 per share will be payable be payable on application.
📊 Company Financials (Restated)
Period Ended2025-09-312025-03-312024-03-31
Income2,441.915,093.364,544.11
EBITDA
Net Worth3,933.443,784.673,153.62
Reserves & Surplus3,849.013,700.243,076.26

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Prepayment and/ or repayment of certain outstanding borrowings availed by our Company (including interest thereon);
2General corporate purposes
🏢 About the Company
Patel Engineering was founded in 1949 and has grown into a major construction firm specializing in hydropower and irrigation projects. It build dams, bridges, tunnels, roads, industrial structures, and other heavy civil works. Over the years, the company has worked on more than 15,000 MW of hydropower projects, built over 87 dams, completed 300 km of tunnels, 4,000 meters of shaft works, more than 1,200 km of roads, and helped irrigate over 0.55 million acres.

It is a certified under ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. The company also work with international partners, giving us strong technical and financial capability to bid for large infrastructure projects in sectors like hydropower, irrigation, water supply, urban development and transport.
📞 Company Contact
CompanyPatel Engineering Limited
AddressPatel Estate Road,
Jogeshwari (W)
Mumbai, 400102
Phone91222676750
Emailinvestors@pateleng.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailpatelengineering.rights2025@in.mpms.mufg.com
WebsiteVisit ↗