Sundaram Finance Holdings Limited Right Issue

₹355.00 Cr NSE 6 May 2021 – 4 Jun 2021

Closed NSE
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Issue Price
₹50.00
Face Value
₹5.00
Issue Size (Shares)
71,000,000
Issue Size (₹ Cr.)
₹355.00
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateTue, Apr 27, 2021
Credit of Rights EntitlementsWed, May 5, 2021
Bid/Offer Opens OnThu, May 6, 2021
Issue Open DateThu, May 6, 2021
Renunciation Last DateFri, May 28, 2021
Bid/Offer Closes OnFri, Jun 4, 2021
Issue Close DateFri, Jun 4, 2021
Deemed Date of AllotmentThu, Jun 10, 2021
Credit DateFri, Jun 11, 2021
Listing DateTue, Jun 15, 2021
📋 Right Issue Details
Issue Size (Shares)71,000,000
Issue Size (Amount)₹355.00 Cr.
Issue Price₹50.00 per share
Face Value₹5.00 per share
Entitlement Ratio
Listing AtNSE
Terms of Payment₹50 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2020-03-312019-03-31FY I
Income98.47102.65
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Acquisition of additional shareholding in Brakes India Private Limited (BIPL) from ZF International UK Limited (ZF); and
2General corporate purposes.
🏢 About the Company
Sundaram Finance Holdings Limited (SFHL) is an investment company focused on the automotive space with investments in 20 portfolio companies, of which 15 companies are involved in the automotive manufacturing value chain. The products manufactured by these companies include axles, axle housing, wheels and suspension, fuel injection equipment, precision aluminium cast products, iron castings, spare parts, and electrical equipment. Several of these portfolio companies are market leaders in their respective segments. SFHL also provide support services like Information Technology enabled services in areas of accounting, insurance, banking, human resources, telecom, etc. and administrative, managerial, maintenance, transaction and document processing, data entry, reconciliation, training and orientation, and other support services to their Key portfolio companies and various third parties through our Subsidiary.
📞 Company Contact
CompanySundaram Finance Holdings Limited
Address21, Patullos Road,
Chennai - 600 002,
Tamil Nadu, India.
Indi, Karnataka, 600002
Phone91 44 2852 1181
Emailinvestorservices@sundaramholdings.in
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd
Phone044-28460390
Emailpriya@cameoindia.com
WebsiteVisit ↗