Patel Engineering Rights Issue dates 12 – 19 December 2025.
Established in 2003 and headquartered in Mumbai, Patel Engineering is a leading integrated infrastructure and construction services company in India. The company specializes in large-scale projects involving dams, tunnels, hydroelectric and irrigation projects, highways, roads, bridges, and real estate development. It provides diverse construction solutions across sectors, including civil construction, transportation infrastructure, water treatment, and real estate, such as buildings, townships, and malls.
In the financial year 2024-25, Patel Engineering crossed INR 5,000 crore in revenue, showcasing significant business growth. The consolidated net sales for March 2025 stood at approximately INR 1,611.86 crore, reflecting a year-on-year increase of 20%. Patel Engineering is known for its strength in traditional construction methods combined with innovative technologies and delivery systems, serving both public and private sector clients in India and internationally.
Promoters of Patel Engineering – Janky Rupen Patel, Praham India LLP, and Raahitya Construction Private Limited
Table of Contents
Patel Engineering Rights Issue Details
| Patel Engineering Rights Issue Date | 12 – 19 December 2025 |
| Patel Engineering Rights Issue Price | INR 27 per share |
| Issue Size (in Shares) | 14,77,65,820 shares |
| Issue Size (in INR) | INR 398.97 crore |
| Issue Entitlement | 7 equity shares for every 40 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Patel Engineering Rights Issue Record Date | 4 December 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE, NSE |
Patel Engineering Rights Issue Calculation
| Patel Engineering Rights Issue Price | INR 27 per share |
| Market Price on Rights Issue Approval | INR 36.24 per share |
| Dilution Factor (X) | 1.18 |
| Fair Value After Dilution at Prevailing Price | INR 34.86 per share |
Patel Engineering Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 3,891 | 4,544 | 5,093 |
| Expenses | 3,330 | 3,854 | 4,345 |
| OPM (%) | 14.0 | 15.0 | 15.0 |
| Net Income | 183 | 290 | 248 |
| ROCE (%) | 13.0 | 14.0 | 15.0 |
Patel Engineering Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Prepayment/repayment of certain outstanding borrowings availed by the company (including interest thereon) – INR 254 crore
- Funding of General corporate purposes
Patel Engineering Rights Offer Documents
- Patel Engineering Rights Issue Application Form
- Patel Engineering Letter of Offer
- Board Meeting Outcome
- Patel Engineering Draft Letter of Offer
- Rights Issue in 2024
Patel Engineering Rights Issue Dates
| Rights Issue Approval Date | 28 November 2025 |
| Rights Issue Record Date | 4 December 2025 |
| Credit of Rights Entitlement | 5 December 2025 |
| Rights Issue Opening Date | 12 December 2025 |
| Last Date for Market Renunciation | 16 December 2025 |
| Rights Issue Closing Date | 19 December 2025 |
| Finalization of Basis of Allotment | 22 December 2025 |
| Rights Allotment Date | 22 December 2025 |
| Credit Date | 23 December 2025 |
| Listing Date | 23 December 2025 |
Patel Engineering Rights Offer Registrar
MUFG 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.mpms.mufg.com
Patel Engineering Contact Details
PATEL ENGINEERING LIMITED
Patel Estate SV Road, Jogeshwari (West),
Mumbai – 400 102, Maharashtra, India
Phone: +91 22-6982 3500/2676 7500
Email: [email protected]
Website: www.pateleng.com
Patel Engineering Rights Offer FAQs
What is the Patel Engineering Rights Issue Price?
The issue price is INR 27 per share.
What is the Patel Engineering Rights Issue entitlement ratio?
The eligible shareholders are offered 7 equity shares for every 40 equity shares held on the record date.
What is the Patel Engineering Rights Issue Record Date?
The Record date is 4 December 2025.
How to Apply in the Patel Engineering Rights Offer?
The best way to apply in the Patel Engineering 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 the same to your broker.