KDDL Limited Right Issue

₹25.00 Cr BSE, NSE 9 Apr 2021 – 7 May 2021

Closed BSE, NSE
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Issue Price
₹230.00
Face Value
₹10.00
Issue Size (Shares)
1,086,956
Issue Size (₹ Cr.)
₹25.00
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateWed, Mar 31, 2021
Credit of Rights EntitlementsThu, Apr 8, 2021
Bid/Offer Opens OnFri, Apr 9, 2021
Issue Open DateFri, Apr 9, 2021
Renunciation Last DateThu, Apr 29, 2021
Bid/Offer Closes OnFri, May 7, 2021
Issue Close DateFri, May 7, 2021
Deemed Date of AllotmentFri, May 14, 2021
Credit DateSat, May 15, 2021
Listing DateMon, May 17, 2021
📋 Right Issue Details
Issue Size (Shares)1,086,956
Issue Size (Amount)₹25.00 Cr.
Issue Price₹230.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹230 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2020-03-312019-03-31FY I
Income65,834.6862,796.71
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Investment in Ethos Limited (KDDL's material subsidiary) for funding its working capital requirements;
2General corporate purposes.
🏢 About the Company
KDDL Limited is engaged in the manufacturing of watch components and precision engineering products. It is one of India’s leading watch components manufacturers for over three decades.

KDDL supplies watch components to domestic and international luxury watch brands. KDDL Limited recently acquired Estima AG, an established maker of watch hands in Switzerland.

KDDL caters to various industries like automobile, electrical and electronics, consumer durables, industrial engineering, instrumentation, aerospace, and defence industry through precision engineering products like electrical connectors and terminals, components of relays for aerospace application, electrical switch gears, cell phone chargers, battery and components for the automobile sector, etc.

KDDL also manufactures ornamental packaging boxes for watches, jewellery, and writing instruments.
📞 Company Contact
CompanyKDDL Limited
AddressKamla Centre,
SCO 88-89, Sector – 8C,
Chandigarh – 160009
Chandigarh, Chandigarh, 160009
Phone+91-172-2548223
Emailinvestor.complaints@kddl.co
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd
Phone040-79615565
Emailkddl.rights@kfintech.com
WebsiteVisit ↗