Davangere Sugar Company Limited Right Issue

₹48.00 Cr BSE 16 Jun 2022 – 15 Jun 2022

Closed BSE
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Issue Price
₹12.50
Face Value
₹10.00
Issue Size (Shares)
38,400,000
Issue Size (₹ Cr.)
₹48.00
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateFri, May 27, 2022
Credit of Rights Entitlements
Bid/Offer Opens OnThu, Jun 16, 2022
Issue Open DateThu, Jun 16, 2022
Renunciation Last DateMon, Jun 27, 2022
Bid/Offer Closes OnWed, Jun 15, 2022
Issue Close DateWed, Jun 15, 2022
Deemed Date of Allotment
Credit Date
Listing Date
📋 Right Issue Details
Issue Size (Shares)38,400,000
Issue Size (Amount)₹48.00 Cr.
Issue Price₹12.50 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of Payment₹12.5 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-31FY I
Income1,478.112,030.62
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1970, Davangere Sugar Company Limited engages in the business of manufacturing sugar. The company is located in Kukkuwada, Davangere District of Karnataka State. Davangere Sugar Company also manufactures sugar-based products.

The company's sugar plant has a capacity of 5,000 TCD right now. In the year 2012, the sugar plant's capacity increased from 3500 TCD to 5000 TCD. The company has three facilities for storage of sugar with a capacity to store 1,00,000 QTLs to 1,50,000 QTLs.
📞 Company Contact
CompanyDavangere Sugar Company Limited
AddressNo. 19, Shivashankar Plaza,
3rd floor, Richmond Circle,
Lalbagh Road, Bengaluru - 560 027, Karnataka
Bengaluru, Karnataka, 560027
Phone+91 80 2227 2183
Emaildavangeresugars@gmail.com
WebsiteVisit ↗
📝 Registrar
NameIntegrated Registry Management Services Pvt.Ltd.
Phone044-28140801
Emailirg@integratedindia.in
WebsiteVisit ↗