Anjani Portland Rights Issue is scheduled on 30 December 2022 – 19 January 2023
Incorporated in 1983, Anjani Portland Cement has two lines of business manufacturing of cement and generation of power. The company deals in varieties of cements Ordinary Portland Cement , Portland Pozollana Cement and Composite Cement.
The company is part of the Chettinad group which is one of the prominent business houses in South India. The company operates two production lines in Cement Plant with an installed production capacity of 11,60,000 MT per annum. Line 1 was set up in 1999 and comprises of a five stage pre-heater and pre-calciner and has an installed production capacity of 4,00,000 MT per annum. Line 2 was set up in 2010 and comprises of a five stage pre-heater and pre-calciner and has an installed production capacity of 7,60,000 MT per annum.
The company sells cement under the brand name of ‘Anjani’ and has a dealer network of around 1,500 with presence across the southern states. It has captured the market in Andhra Pradesh and has now extended its reach to Tamil Nadu, Orissa and Karnataka and also made forays into the markets of Kerala, Maharashtra and Goa.
Promoters of Anjani Portland – Chettinad Cement Corporation Private Limited Â
Anjani Portland Rights Issue Date, Size & Price
| Anjani Portland Rights Issue Date | 30 December 2022 – 19 January 2023 |
| Anjani Portland Rights Issue Price | INR 197 per share |
| Issue Size (in Shares) | 1,26,42,848 shares |
| Issue Size (in INR) | INR 249.06 crore |
| Issue Entitlement | 1 Equity Shares for every 2 Equity Shares held on the Record Date |
| Terms of Payment | Coming soon |
| Anjani Portland Rights Issue Record Date | 16 December 2022 |
| Face Value | INR 10 per share |
| Listing On | NSE, BSE |
Anjani Portland Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | – | – | 801.2 |
| Expenses | – | – | 745.5 |
| Net income | – | – | 41.9 |
| Margin (%) | – | – | 5.22 |
Anjani Portland Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Coming soon
- Coming soon
- Coming soon
- General corporate purposes
Anjani Portland Rights Offer Documents
- Anjani Portland Application Form
- Anjani Portland Abridged LOF
- Anjani Portland Letter of Offer
Anjani Portland Rights Issue Timetable
| Anjani Portland Rights Issue Record Date | 16 December 2022 |
| Credit of Rights Entitlement | 26 December 2022 |
| Anjani Portland Rights Issue Opening Date | 30 December 2022 |
| Last Date for Market Renunciation | 13 January 2023 |
| Anjani Portland Rights Issue Closing Date | 19 January 2023 |
| Finalization of Basis of Allotment | 25 January 2023 |
| Credit Date | 27 January 2023 |
| Listing Date | 01 February 2023 |
Anjani Portland Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | – | – | – |
| PE ratio | – | – | – |
| RONW (%) | – | – | – |
| ROCE (%) | – | – | – |
| EBITDA | – | – | |
| Debt/Equity | – | – | |
| NAV per share | – | – |
Anjani Portland Rights Issue Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone:Â : +91 40 6716 2222/+91 40 7961 1000
Email: [email protected]
Website:Â www.kfintech.com
Anjani Portland Contact Details
ANJANI PORTLAND CEMENT LIMITED
6-3-553, Unit No. E3 & E4,
4th Floor, Quena Square Off. Taj Deccan Road,
Erramanzil, Hyderabad – 500 082, Telangana
Phone:Â +914023353096/3106
Email:Â [email protected]
Website: www.anjanicement.com
Anjani Portland Rights Offer FAQs
What is price of Anjani Portland Rights Issue?
The issue price is INR 197 per share.
What is entitlement ratio of Anjani Portland Rights Issue?
The eligible shareholders are offered 1 Equity Shares for every 2 Equity Shares held on the Record Date.
What is the Record Date of Anjani Portland Rights Issue?
The Record date is 16 December 2022.
How to Apply in Anjani Portland Rights Offer?
The best way to apply in Anjani Portland 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.
