JTEKT India Rights Issue dates 4 – 12 August 2025.
JTEKT India is a leading manufacturer of steering systems and driveline components for the passenger vehicle (PV) segment in India. With a dominant product portfolio comprising approximately 96% of revenue from steering and column systems, the company specializes in high-performance technologies, including rack and pinion manual steering, hydraulic power steering, column-type electric power steering (EPS), and advanced steering columns. The remaining ~4% of revenue is derived from driveline products such as case differentials, axle components, and propeller shafts.
JTEKT India serves a robust customer base consisting of major PV original equipment manufacturers (OEMs), contributing around 95–96% of its total revenue. Key clients include Maruti Suzuki, Toyota, Tata Motors, Mahindra, Honda, Renault, and Nissan. The company holds a significant share of business (SoB) with leading OEMs—approximately 55% with market leader Maruti Suzuki and 100% with Toyota, owing to its parent JTEKT Corporation’s affiliation with the Toyota Group.
Leveraging its technical collaboration with JTEKT Corporation, Japan—the global leader in steering technology—JTEKT India maintains a strong competitive edge. It operates six manufacturing facilities across India: one in Gurgaon, three in Dharuhera, one in Chennai, and one in Bawal, supporting its large-scale production and OEM partnerships.
Promoters of JTEKT India – JTEKT Corporation, JTEKT Column Systems Corporation, and Maruti Suzuki India Limited
Table of Contents
JTEKT India Rights Issue Details
| JTEKT India Rights Issue Date | 4 – 12 August 2025 |
| JTEKT India Rights Issue Price | INR 108.10 per share |
| Issue Size (in Shares) | 2,31,16,407 shares |
| Issue Size (in INR) | INR 249.89 crore |
| Issue Entitlement | 1 equity share for every 11 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| JTEKT India Rights Issue Record Date | 25 July 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE, NSE |
JTEKT India Rights Issue Calculation
| JTEKT India Rights Issue Price | INR 108.10 per share |
| Market Price on Rights Issue Approval | INR 142.25 per share |
| Dilution Factor (X) | 1.10 |
| Fair Value After Dilution at Prevailing Price | INR 139.40 per share |
JTEKT India Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 2,073 | 2,245 | 2,399 |
| Expenses | 1,907 | 2,030 | 2,215 |
| OPM (%) | 8.0 | 10.0 | 8.0 |
| Net Income | 80.0 | 107.0 | 75.0 |
| ROCE (%) | 16.0 | 17.0 | 11.0 |
JTEKT India Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Construction of infrastructure for setting up a production facility in Gujarat – INR 113.51crore
- Capital expenditure towards the purchase of equipment and machinery for the Dharuhera, Haryana plant – INR 55.37 crore
- Repayment of certain borrowings availed by the company – INR 24 crore
- General corporate purposes
JTEKT India Rights Offer Documents
- JTEKT India Rights Issue Application Form
- JTEKT India Letter of Offer
- Board Meeting Outcome
- JTEKT India Draft Letter of Offer
- Rights Issue in 2024
JTEKT India Rights Issue Dates
| Rights Issue Approval Date | 21 July 2025 |
| Rights Issue Record Date | 25 July 2025 |
| Credit of Rights Entitlement | 28 July 2025 |
| Rights Issue Opening Date | 4 August 2025 |
| Last Date for Market Renunciation | 7 August 2025 |
| Rights Issue Closing Date | 12 August 2025 |
| Finalization of Basis of Allotment | 13 August 2025 |
| Rights Allotment Date | 14 August 2025 |
| Credit Date | 14 August 2025 |
| Listing Date | 14 August 2025 |
JTEKT India Rights Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91-40-67162222/18003094001
E-mail: [email protected]
Website: www.kfintech.com
JTEKT India Contact Details
JTEKT INDIA LIMITED
38/6, Delhi Jaipur Road,
NH-48 Gurugram 122 001 Haryana
Phone: 011-2331 1924
Email: [email protected]
Website: www.jtekt.co.in
JTEKT India Rights Offer FAQs
What is the JTEKT India Rights Issue Price?
The issue price is INR 108.10 per share.
What is the JTEKT India Rights Issue entitlement ratio?
The eligible shareholders are offered 1 equity share for every 11 equity shares held on the record date.
What is the JTEKT India Rights Issue Record Date?
The Record date is 25 July 2025.
How to Apply in the JTEKT India Rights Offer?
The best way to apply in the JTEKT India Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit it with your broker.
ipo enqwary.