Steelco Gujarat Ltd Right Issue

₹14.90 Cr BSE 25 May 2026 – 4 Jun 2026

Closed Ratio: 5 : 1 BSE
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Issue Price
₹112.00
Face Value
₹10.00
Issue Size (Shares)
1,330,060
Issue Size (₹ Cr.)
₹14.90
📅 Right Issue Timetable
Last Date to Buy SharesThu, May 14, 2026
Record DateFri, May 15, 2026
Credit of Rights EntitlementsMon, May 18, 2026
Bid/Offer Opens OnMon, May 25, 2026
Issue Open DateMon, May 25, 2026
Renunciation Last DateFri, May 29, 2026
Bid/Offer Closes OnThu, Jun 4, 2026
Issue Close DateThu, Jun 4, 2026
Deemed Date of AllotmentFri, Jun 5, 2026
Credit DateMon, Jun 8, 2026
Listing DateMon, Jun 8, 2026
📋 Right Issue Details
Issue Size (Shares)1,330,060
Issue Size (Amount)₹14.90 Cr.
Issue Price₹112.00 per share
Face Value₹10.00 per share
Entitlement Ratio5 : 1
Listing AtBSE
Terms of Payment₹112 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income4.180.31
EBITDA
Net Worth40.0460.59
Reserves & Surplus35.0855.63

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Funding the Long-Term Working Capital Requirements₹11.60
2General Corporate Purposes₹3.00
Total₹14.60
🏢 About the Company
Steelco Gujarat Limited is an Indian company engaged in the trading and distribution of steel products. It operates within the metal and steel industry, catering to diverse industrial requirements.

The company deals in various steel products used across construction, infrastructure, and manufacturing sectors. Its business model focuses on procurement, inventory management, and timely supply to customers in domestic markets.

Steelco Gujarat Limited aims to maintain operational efficiency and stable margins through strategic sourcing and customer relationships. Its performance is influenced by steel price fluctuations, demand trends, and broader economic conditions.
📞 Company Contact
CompanySteelco Gujarat Ltd
AddressPlot No 2,
GIDC Estate,
Palej,
Bharuch, 392220
Phone917869910584
EmailCFO@sgl.ltd
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd.
Phone022-49186000
Emailsteelcoguj.rights@in.mpms.mufg.com
WebsiteVisit ↗