Narmada Macplast Rights Issue dates is not finalized.
Narmada Macplast Drip Irrigation Systems is a micro-irrigation solutions provider focused on water management products for the agriculture sector. The company operates in the manufacturing and supply of drip irrigation systems, PVC pipes, and related irrigation components designed to improve water efficiency and crop productivity.
Narmada Macplast’s product portfolio includes drip irrigation systems, mini sprinklers, micro sprayers, and various PVC-based piping solutions used in agricultural irrigation and landscape watering applications. In addition to irrigation equipment, it also supplies HDPE, CPVC, and PPR pipes and fittings used in water distribution and agricultural infrastructure. Through these offerings, the company caters primarily to farmers, irrigation contractors, and government-supported agricultural irrigation projects aimed at improving water management practices. The company has also been involved in import–export activities and consultancy related to plastic products and irrigation equipment, expanding its scope beyond pure manufacturing.
Promoters of Narmada Macplast – Mr. Vrajlal Vaghasia and Mr. Jiten Vrajlal Vaghasia
Table of Contents
Narmada Macplast Rights Issue Details
| Narmada Macplast Rights Issue Date | Coming soon |
| Narmada Macplast Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 50 crore |
| Issue Entitlement | NA equity shares for every NA equity share held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Narmada Macplast Rights Issue Record Date | Coming soon |
| Face Value | INR 2 per share |
| Listing On | BSE |
Narmada Macplast Rights Issue Calculation
| Narmada Macplast Rights Issue Price | Coming soon |
| Market Price on Rights Issue Approval | INR 23.16 per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | Coming soon |
Narmada Macplast Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 10.02 | 1.81 | 6.98 |
| Expenses | 10.26 | 1.97 | 6.30 |
| Operating Margin (%) | (2.40) | (8.84) | 9.74 |
| Net Income | 0.01 | 0.00 | 5.39 |
| ROCE (%) | 1.45 | 1.40 | 20.83 |
Narmada Macplast Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Acquisition of Equity Shares in M/s. GSK Industries Private Limited – INR 37 crore
- Incremental working capital requirements – INR 3 crore
- General corporate purposes
Narmada Macplast Rights Offer Documents
- Narmada Macplast Rights Issue Application Form
- Narmada Macplast Letter of Offer
- Board Meeting Outcome
- Narmada Macplast Draft Letter of Offer
- Rights Issue in 2026
Narmada Macplast Rights Issue Dates
| Rights Issue Approval Date | 27 February 2026 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Narmada Macplast Rights Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
Subramanian Building, No. 1, Club House Road,
Chennai – 600002, Tamil Nadu, India
Phone: +91-044 4002 0700
Email: [email protected]
Website: www.cameoindia.com
Narmada Macplast Contact Details
NARMADA MACPLAST DRIP IRRIGATION SYSTEMS LIMITED
Office No.: 10 & Office No. 11,
Shree Ratna Complex, Akhbarnagar Road,
New Vadaj, Ahmedabad – 380013, Gujarat
Telephone: +91-7861054580
Email: [email protected]
Website: www.narmadadrip.com
Narmada Macplast Rights Offer FAQs
What is the Narmada Macplast Rights Issue Price?
The issue price is INR NA per share.
What is the Narmada Macplast Rights Issue entitlement ratio?
The eligible shareholders are offered NA Equity Shares for every NA Equity Shares held on the record date.
What is the Narmada Macplast Rights Issue Record Date?
The Record date is coming soon.
How to Apply in Narmada Macplast Rights Offer?
The best way to apply in Narmada Macplast Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
Rajat Bhati has a strong technical background and 5 years of experience in the stock market. He focuses on equity research, technical analysis, IPO valuations, and risk management, helping investors make clearer, data-backed decisions. Today, he works full-time to educate people about the opportunities in IPO market.