Ducon Infratechnologies Rights Issue is scheduled on 12 – 24 September 2024
Ducon Infratechnologies is a medium-sized EPC company in the field of Air Pollution Control, Flue Gas Desulphurization (FGD) Systems in India, Wet Scrubbers, Bag Filters, and Cyclones. The company also makes Material Handling Systems (Belt Conveyor Systems, Pipe Conveyor Systems, Pneumatic Conveying Systems, Air Slides, Silo Systems), and Rural Electrification.
In the infrastructure sector, Ducon provides complete FGD systems in thermal power plants, bulk material handling for alumina, fly ash handling systems, and electrification projects.
Ducon has its technology for limestone, seawater, and Dry Sorbent Injection. It is a well-known brand in India and abroad for the FGD Technology. and has many successfully operating FGD installations in India, the notable ones include: (i) 500 MW seawater FGD systems at the Dahanu power plant and (ii) 2×600 MW Limestone FGD system at the Udupi Power Plant.
Promoters of Ducon Infratechnologies – Arun Govil
Table of Contents
Ducon Infratechnologies Rights Issue Details
| Ducon Infratechnologies Rights Issue Date | 12 – 24 September 2024 |
| Ducon Infratechnologies Rights Issue Price | INR 7 per share |
| Issue Size (in Shares) | 6,49,85,118 shares |
| Issue Size (in INR) | INR 45.49 crore |
| Issue Entitlement | 1 equity shares for every 4 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Ducon Infratechnologies Rights Issue Record Date | 30 August 2024 |
| Face Value | INR 1 per share |
| Listing On | NSE, BSE |
Ducon Infratechnologies Rights Issue Calculation
| Ducon Infratechnologies Rights Issue Price | INR 7 per share |
| Market Price on Rights Issue Approval | INR 10.61 per share |
| Dilution Factor (X) | 1.25 |
| Fair Value After Dilution at Prevailing Price | INR 9.89 per share |
Ducon Infratechnologies Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 124.48 | 311.89 | 314.86 |
| Expenses | 123.58 | 307.05 | 308.70 |
| Operating Margin (%) | 8.71 | 4.89 | 5.36 |
| Net Income | 0.83 | 3.88 | 5.04 |
| ROCE (%) | 8 | 7 | 9 |
Ducon Infratechnologies Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To meet the working capital requirements of the company – INR 37 crore
- General Corporate Purposes – INR 4.44 crore
Ducon Infratechnologies Rights Offer Documents
- Ducon Infratechnologies Rights Issue Application Form
- Ducon Infratechnologies Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Ducon Infratechnologies Rights Issue Dates
| Rights Issue Approval Date | 24 August 2024 |
| Rights Issue Record Date | 30 August 2024 |
| Credit of Rights Entitlement | 9 September 2024 |
| Rights Issue Opening Date | 12 September 2024 |
| Last Date for Market Renunciation | 19 September 2024 |
| Rights Issue Closing Date | 24 September 2024 |
| Finalization of Basis of Allotment | 25 September 2024 |
| Rights Allotment Date | 26 September 2024 |
| Credit Date | 27 September 2024 |
| Listing Date | 3 October 2024 |
Ducon Infratechnologies Rights Offer Lead Manager
MARK CORPORATE ADVISORS PRIVATE LIMITED
404/1, The Summit Business Bay, Service Lane,
Sant Janabai Rd, off Western Express Highway,
Vile Parle East, Mumbai, Maharashtra 400057
Tel:Â +91 22 2612 3207/08
Email:Â [email protected]
Website:Â www.markcorporateadvisors.com
Ducon Infratechnologies Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East), Mumbai – 400 093, Maharashtra
Phone: 022 – 6263 8200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
Ducon Infratechnologies Issue Contact Details
DUCON INFRATECHNOLOGIES LIMITED
Ducon House, A/4, MIDC Wagle Industrial Estate,
Road No.1, Thane (W) – 400 604. India
Phone: 2241122114
Email:Â [email protected]
Website: www.duconinfra.in
Ducon Infratechnologies Rights Offer FAQs
What is the Ducon Infratechnologies Rights Issue Price?
The issue price is INR 7 per share.
What is the Ducon Infratechnologies Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 4 Equity Shares held on the record date.
What is the Ducon Infratechnologies Rights Issue Record Date?
The Record date is 30 August 2024.
How to Apply in Ducon Infratechnologies Rights Offer?
The best way to apply in Ducon Infratechnologies 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.
