Rajapalayam Mills Limited Right Issue

₹69.95 Cr BSE 15 Mar 2021 – 30 Mar 2021

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HomeRight Issue › Rajapalayam Mills Limited
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Issue Price
₹569.00
Face Value
₹10.00
Issue Size (Shares)
1,229,360
Issue Size (₹ Cr.)
₹69.95
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateFri, Mar 5, 2021
Credit of Rights EntitlementsFri, Mar 12, 2021
Bid/Offer Opens OnMon, Mar 15, 2021
Issue Open DateMon, Mar 15, 2021
Renunciation Last DateWed, Mar 24, 2021
Bid/Offer Closes OnTue, Mar 30, 2021
Issue Close DateTue, Mar 30, 2021
Deemed Date of AllotmentThu, Apr 8, 2021
Credit DateFri, Apr 9, 2021
Listing DateTue, Apr 13, 2021
📋 Right Issue Details
Issue Size (Shares)1,229,360
Issue Size (Amount)₹69.95 Cr.
Issue Price₹569.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of Payment₹569 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2020-03-312019-03-31FY I
Income920.681,044.75
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Rajapalayam Mills Limited is part of the South India-based Ramco Group, incorporated in 1936 and founded by P. A. C. Ramasamy Raja. The Company is engaged in the business of manufacturing cotton yarn ranging from 4s to 355s (single/double yarn) and fabrics. Presently, it has four manufacturing facilities for cotton yarn and one manufacturing facility for fabric.

The Company manufactures a wide range of products like Open End yarn, Ring yarn, Compact yarn, TFO yarn, Gassed yarn, Mercerised yarn, Slub yarn, Multi Count yarn, Melange yarn, Dyed High Twist yarn, Core Spun yarn, and Eli twist yarn. Their products are tailor-made to cater to specific customer needs. They sell their products in domestic and international markets.

The Company is also engaged in the generation of electricity from windmills. It has an aggregate installed capacity of 35.15 megawatts (MW) wind power facilities, which it uses for its captive consumption. This helps the Company to control its power costs.
📞 Company Contact
CompanyRajapalayam Mills Limited
AddressRajapalayam Mills Premises, Post Box No. 1,
P.A.C. Ramaswamy Road,
Rajapalayam - 626117
Phone+91-4563-235666
Emailrajacot@ramcotex.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd
Phone044-28460390
Emailpriya@cameoindia.com
WebsiteVisit ↗