Jyoti Structures Rights Issue dates 17 Feb – 10 Mar 2025.
Founded in 1974, Jyoti Structures is a prominent provider of Engineering, Procurement, and Construction (EPC) solutions for Power Transmission and Distribution networks, specializing in systems up to 765 kV and 800 kV AC, as well as HVDC Transmission Lines and 765 kV Substations. Over the past four decades, the company has catered to a global clientele across multiple countries, including the USA, UK, Canada, France, South Africa, Bangladesh, Tanzania, Kenya, Kuwait, Rwanda, Tajikistan, UAE, Algeria, Philippines, and Georgia.
The company provides a comprehensive range of solutions and services, covering every stage from inception to completion. This includes conceptualization, surveys, route selection and optimization, design, detailed engineering, full-scale prototype tower testing, fabrication, material sourcing, planning, resource mobilization, civil works, foundations (open, raft, pile, well, and special), soil improvement (such as stone columns), erection, stringing, testing, and commissioning of transmission lines, substations, and distribution networks, all tailored to customer specifications.
Jyoti Structures operates across three key segments: Transmission Lines, Substations, and Rural Distribution Networks. The company offers services including designing and engineering, transmission tower manufacturing and testing, construction, and project management. Jyoti Structures has completed over 31,000 circuit kilometers of transmission lines, constructed over 1,800 substation bays, and electrified more than 37,325 villages.
Promoters of Jyoti Structures – Does Not have an Identifiable Promoter
Table of Contents
Jyoti Structures Rights Issue Details
| Jyoti Structures Rights Issue Date | 17 Feb – 10 Mar 2025 |
| Jyoti Structures Rights Issue Price | INR 16 per share |
| Issue Size (in Shares) | 31,19,29,934 shares |
| Issue Size (in INR) | INR 499.10 crore |
| Issue Entitlement | 9 equity shares for every 26 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Jyoti Structures Rights Issue Record Date | 10 February 2025 |
| Face Value | INR 2 per share |
| Listing On | NSE, BSE |
Jyoti Structures Rights Issue Calculation
| Jyoti Structures Rights Issue Price | INR 16 per share |
| Market Price on Rights Issue Approval | INR 25.43 per share |
| Dilution Factor (X) | 1.35 |
| Fair Value After Dilution at Prevailing Price | INR 23.01 per share |
Jyoti Structures Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 4.39 | 229.23 | 451.39 |
| Expenses | 41.01 | 229.72 | 435.70 |
| Operating Margin (%) | (810.28) | 0.76 | 6.28 |
| Net Income | (42.64) | (4.06) | 29.44 |
| ROCE (%) | – | (0.00) | 1.00 |
Jyoti Structures Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Payment of NCLT-approved resolution plan dues
- Meeting costs, expenses, charges, and other payment commitments/obligations including margin requirements associated with financing to be raised from banks and financial institutions for the operations of the company
- General corporate purposes
Jyoti Structures Rights Offer Documents
- Jyoti Structures Rights Issue Application Form
- Jyoti Structures Letter of Offer
- Board Meeting Outcome
- Jyoti Structures Draft Letter of Offer
- Rights Issue in 2024
Jyoti Structures Rights Issue Dates
| Rights Issue Approval Date | 4 February 2025 |
| Rights Issue Record Date | 10 February 2025 |
| Credit of Rights Entitlement | 13 February 2025 |
| Rights Issue Opening Date | 17 February 2025 |
| Last Date for Market Renunciation | 25 February 2025 |
| Rights Issue Closing Date | 10 March 2025 |
| Finalization of Basis of Allotment | 17 March 2025 |
| Rights Allotment Date | 18 March 2025 |
| Credit Date | 19 March 2025 |
| Listing Date | 21 March 2025 |
Jyoti Structures Rights Offer Lead Manager
ARIHANT CAPITAL MARKETS LIMITED
1011, Solitaire Corporate Park, Guru Hargovindji Road,
Chakala, Andheri (E), Mumbai – 400 093
Phone: 022-42254800
Email: [email protected]
Website: www.arihantcapital.com
Jyoti Structures Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Jyoti Structures Contact Details
JYOTI STRUCTURES LIMITED
6th Floor, Valecha Chambers, New Link Road,
Andheri (West), Mumbai 400 053, Maharashtra
Phone: 022-40915000
Email: [email protected]
Website: www.jyotistructures.in
Jyoti Structures Rights Offer FAQs
What is the Jyoti Structures Rights Issue Price?
The issue price is INR 16 per share.
What is the Jyoti Structures Rights Issue entitlement ratio?
The eligible shareholders are offered 9 Equity Shares for every 26 Equity Shares held on the record date.
What is the Jyoti Structures Rights Issue Record Date?
The Record date is 10 February 2025.
How to Apply in Jyoti Structures Rights Offer?
The best way to apply in Jyoti Structures 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.