Magnus Steel And Infra Ltd Right Issue

₹49.01 Cr BSE 23 Oct 2025 – 21 Nov 2025

Closed Ratio: 29 : 2 BSE
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Issue Price
₹10.00
Face Value
₹10.00
Issue Size (Shares)
49,014,350
Issue Size (₹ Cr.)
₹49.01
📅 Right Issue Timetable
Last Date to Buy SharesThu, Oct 9, 2025
Record DateFri, Oct 10, 2025
Credit of Rights EntitlementsTue, Oct 14, 2025
Bid/Offer Opens OnThu, Oct 23, 2025
Issue Open DateThu, Oct 23, 2025
Renunciation Last DateMon, Nov 10, 2025
Bid/Offer Closes OnFri, Nov 21, 2025
Issue Close DateFri, Nov 21, 2025
Deemed Date of AllotmentTue, Nov 18, 2025
Credit DateMon, Nov 24, 2025
Listing DateFri, Nov 21, 2025
📋 Right Issue Details
Issue Size (Shares)49,014,350
Issue Size (Amount)₹49.01 Cr.
Issue Price₹10.00 per share
Face Value₹10.00 per share
Entitlement Ratio29 : 2
Listing AtBSE
Terms of PaymentIssue price of Rs.10/- per share will be payable on Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income0.67
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To meet the Working Capital requirements of the Company
🏢 About the Company
Magnus Steel and Infra Limited, formerly known as Savant Infocomm Limited, is a diversified company engaged in steel trading, infrastructure projects, and engineering-related business activities in India.

The company focuses on supplying quality iron and steel products for industrial and infrastructure development. It aims to strengthen its presence in the growing construction and capital goods sectors.

Led by Karronn Naresh Bajaj, Magnus Steel and Infra continues expanding operations with a vision to deliver sustainable growth through innovation, efficiency, and customer-centric business practices.
📞 Company Contact
CompanyMagnus Steel And Infra Ltd
AddressUnit No. 365,
At/Post: Shirasgaon,
Tal: Niphad, Dist:
Nashik, 422001
Phone919112271471
Emailmagnussteelinfra@gmail.com
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📝 Registrar
NameBigshare Services Pvt.Ltd
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
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