Ultracab (india) Ltd Right Issue

₹49.81 Cr BSE 28 Jan 2025 – 11 Feb 2025

Closed Ratio: 9 : 25 BSE
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Issue Price
₹14.50
Face Value
₹2.00
Issue Size (Shares)
34,352,100
Issue Size (₹ Cr.)
₹49.81
📅 Right Issue Timetable
Last Date to Buy SharesWed, Jan 15, 2025
Record DateThu, Jan 16, 2025
Credit of Rights EntitlementsMon, Jan 20, 2025
Bid/Offer Opens OnTue, Jan 28, 2025
Issue Open DateTue, Jan 28, 2025
Renunciation Last DateWed, Feb 5, 2025
Bid/Offer Closes OnTue, Feb 11, 2025
Issue Close DateTue, Feb 11, 2025
Deemed Date of AllotmentMon, Feb 17, 2025
Credit DateWed, Feb 19, 2025
Listing DateThu, Feb 20, 2025
📋 Right Issue Details
Issue Size (Shares)34,352,100
Issue Size (Amount)₹49.81 Cr.
Issue Price₹14.50 per share
Face Value₹2.00 per share
Entitlement Ratio9 : 25
Listing AtBSE
Terms of PaymentAll Money payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-31FY I
Income124.39107.67
EBITDA
Net Worth37.9631.98
Reserves & Surplus18.8812.90

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1For the pre-payment / repayment of Loan
2For augmenting the working capital requirements of the Company
3For General corporate purposes
🏢 About the Company
Incorporated in 2007, Ultracab (India) Ltd is a manufacturer and exporter of electric wires and cables, including domestic power, industrial, solar, and elevator cables, recognized for quality and reliability; based in Gujarat, they employ advanced technology and stringent quality control in production.

The company utilizes modern machinery and adheres to stringent quality standards to ensure reliable products.

The product range of the company includes Domestic cables (house wires, PVC/XLPE power cables), international cables (auto cables, welding cables), and special cables (super flat cables, elevator cables, solar cables).

The company's manufacturing unit is situated in Shapar (Rajkot, Gujarat) India.

The company's products are sold not only in India but also in countries like the UK, UAE, Africa, Singapore, Uganda, etc.
📞 Company Contact
CompanyUltracab (india) Ltd
AddressSurvey No: 262,
B/h Galaxy Bearings Limited
Shapar Dist. Rajkot-360024.
Rajkot, Gujarat, 360024
Phone912827253122
Emailinfo@ultracab.in
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗