Iel Ltd Right Issue

₹44.56 Cr BSE 4 Feb 2025 – 27 Feb 2025

Closed Ratio: 3 : 1 BSE
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Issue Price
₹4.45
Face Value
₹1.00
Issue Size (Shares)
100,128,990
Issue Size (₹ Cr.)
₹44.56
📅 Right Issue Timetable
Last Date to Buy SharesThu, Jan 16, 2025
Record DateFri, Jan 17, 2025
Credit of Rights EntitlementsFri, Jan 31, 2025
Bid/Offer Opens OnTue, Feb 4, 2025
Issue Open DateTue, Feb 4, 2025
Renunciation Last DateMon, Feb 17, 2025
Bid/Offer Closes OnThu, Feb 27, 2025
Issue Close DateThu, Feb 27, 2025
Deemed Date of AllotmentFri, Feb 28, 2025
Credit DateThu, Mar 6, 2025
Listing DateSat, Mar 8, 2025
📋 Right Issue Details
Issue Size (Shares)100,128,990
Issue Size (Amount)₹44.56 Cr.
Issue Price₹4.45 per share
Face Value₹1.00 per share
Entitlement Ratio3 : 1
Listing AtBSE
Terms of PaymentTotal amount of Rs.4.45 per Equity Share is payable on Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income17.2611.101.23
EBITDA
Net Worth
Reserves & Surplus-2.11-2.37-1.26

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To acquire land for the construction of warehouses; To finance the construction of the warehouses;
2To meet General corporate purposes;
🏢 About the Company
Incorporated in February 1956, IEL Limited is an India-based company that is engaged in the trading chemicals and marketing support services business. The Company is developing, exporting, trading, and indenting the business of chemicals and commodities.
📞 Company Contact
CompanyIel Ltd
AddressShed No 15,
Shyam Hari Industrial Estate, Phase 4 GIDC,
Vatva, Ahmedabad-382445
Ahmedabad, Gujarat, 382445
Phone079- 40026095
Emailiellimitedamd@gmail.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailipo.team@linkintime.co.in
WebsiteVisit ↗