Camlin Fine Sciences Rights Issue dates 17 – 27 January 2025.
Camlin Fine Sciences is a vertically integrated company involved in the research, development, manufacturing, commercialization, and marketing of specialty chemicals and blends. These products serve a wide range of applications, including food, feed, animal and pet nutrition, fragrances, pharmaceuticals, and industrial products. The company markets its products globally, with a presence in Europe, the Asia-Pacific region (including India), Africa, the Middle East, and South, Central, and North America.
Camlin Fine Sciences organizes its business into four distinct verticals based on its product portfolio: (i) Diphenols, (ii) Shelf-life Extension Solutions (encompassing antioxidants, value-added blends, ingredients, and additives), (iii) Performance Chemicals, and (iv) Aroma Ingredients. The company has successfully developed and implemented high-quality antioxidants, customized to meet the specific needs of its discerning customers.
The company is also involved in the manufacturing and marketing of hardware and decorative accessories, including door and window locks and handles, under a licensing agreement with Hardware Renaissance, USA (the “H&R Agreement”). Additionally, Camlin Fine Sciences directly supplies products to Hardware Renaissance, USA.
Promoters of Camlin Fine Sciences – Ashish Dandekar, Anagha Dandekar, Camart Finance Limited, Vibha Agencies Private Limited, Cafco Consultants Limited, MK Falcon Agro Tech Private Limited, Infinity Holdings, Infinity Direct Holdings, Infinity Direct Holdings Sidecar I, Infinity Portfolio Holdings, and Anfima NV
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Camlin Fine Sciences Rights Issue Details
| Camlin Fine Sciences Rights Issue Date | 17 – 27 January 2025 |
| Camlin Fine Sciences Rights Issue Price | INR 110 per share |
| Issue Size (in Shares) | 2,04,26,244 shares |
| Issue Size (in INR) | INR 224.69 crore |
| Issue Entitlement | 5 equity shares for every 41 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Camlin Fine Sciences Rights Issue Record Date | 8 January 2025 |
| Face Value | INR 1 per share |
| Listing On | NSE, BSE |
Camlin Fine Sciences Rights Issue Calculation
| Camlin Fine Sciences Rights Issue Price | INR 110 per share |
| Market Price on Rights Issue Approval | INR 138.40 per share |
| Dilution Factor (X) | 1.12 |
| Fair Value After Dilution at Prevailing Price | INR 135.31 per share |
Camlin Fine Sciences Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 1,412 | 1,682 | 1,613 |
| Expenses | 1,254 | 1,468 | 1,529 |
| Operating Margin (%) | 11.0 | 13.0 | 5.0 |
| Net Income | 60.0 | 40.0 | (105.0) |
| ROCE (%) | 10.0 | 10.0 | 1.0 |
Camlin Fine Sciences Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment or prepayment, in full or in part, of certain borrowings availed by the company
- General corporate purposes
Camlin Fine Sciences Rights Offer Documents
- Camlin Fine Sciences Rights Issue Application Form
- Camlin Fine Sciences Letter of Offer
- Board Meeting Outcome
- Camlin Fine Sciences Draft Letter of Offer
- Rights Issue in 2024
Camlin Fine Sciences Rights Issue Dates
| Rights Issue Approval Date | 2 January 2025 |
| Rights Issue Record Date | 8 January 2025 |
| Credit of Rights Entitlement | 13 January 2025 |
| Rights Issue Opening Date | 17 January 2025 |
| Last Date for Market Renunciation | 23 January 2025 |
| Rights Issue Closing Date | 27 January 2025 |
| Finalization of Basis of Allotment | 31 January 2025 |
| Rights Allotment Date | 31 January 2025 |
| Credit Date | 5 February 2025 |
| Listing Date | 7 February 2025 |
Camlin Fine Sciences Rights Offer Lead Manager
CENTRUM CAPITAL LIMITED
Level 9, Centrum House, C.S.T Road, Vidyanagari
Marg Kalina, Santacruz East Mumbai 400098
Telephone: +91 22 4215 9000
Email: [email protected]
Website: www.centrum.co.in
Camlin Fine Sciences Rights Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Camlin Fine Sciences Contact Details
CAMLIN FINE SCIENCES LIMITED
Floor 2 to 5, Building “In G. S. Point”, Plot No. VIII,
Private Layout Scheme, Opp. University Campus,
C.S.T. Road, Kalina, Santacruz (East), Mumbai, 400098
Phone: +91 022 6700 1000
Email: [email protected]
Website: www.camlinfs.com
Camlin Fine Sciences Rights Offer FAQs
What is the Camlin Fine Sciences Rights Issue Price?
The issue price is INR 110 per share.
What is the Camlin Fine Sciences Rights Issue entitlement ratio?
The eligible shareholders are offered 5 Equity Shares for every 41 Equity Shares held on the record date.
What is the Camlin Fine Sciences Rights Issue Record Date?
The Record date is 8 January 2025.
How to Apply in Camlin Fine Sciences Rights Offer?
The best way to apply in Camlin Fine Sciences 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.
