Sharanam Infraproject Rights Issue dates are not finalized.
Sharanam Infraproject and Trading operate in the real estate sector, focusing on the purchase, sale, and management of land and buildings. The company engages in various activities, including owning, buying, selling, leasing, subletting, maintaining, and administering properties. Their services extend to allotting, transferring allotments, exchanging, mortgaging, and accepting leases or tenancies. Additionally, they specialize in constructing, reconstructing, expanding, altering, or demolishing buildings, tenements, blocks, flats, shops, and warehouses. Sharanam also handles materials related to construction, repair, and maintenance while managing and collecting rents for their properties.
Sharanam is also involved in the supply chain and distribution of a wide range of steel products, including building materials such as seamless and welded steel pipes, blooms, slabs, and various types of welded pipes. Their offerings include electric resistance welding (ERW), high-frequency induction welding (HFI), longitudinal submerged arc welding (LSAW), and seamless pipes, catering to the oil and gas industry, real estate projects, and infrastructural developments in Gujarat and nearby states.
Promoters of Sharanam Infraproject and Trading – Does Not have an Identifiable Promoter
Table of Contents
Sharanam Infraproject and Trading Rights Issue Details
| Sharanam Infraproject Rights Issue Date | Coming soon |
| Sharanam Infraproject Rights Issue Price | INR 1 per share |
| Issue Size (in Shares) | 48,00,09,600 shares |
| Issue Size (in INR) | INR 48 crore |
| Issue Entitlement | 4 equity shares for every 1 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| Sharanam Infraproject Rights Issue Record Date | 31 December 2024 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Sharanam Infraproject Rights Issue Calculation
| Sharanam Infraproject Rights Issue Price | INR 1 per share |
| Market Price on Rights Issue Approval | INR 0.86 per share |
| Dilution Factor (X) | 5 |
| Fair Value After Dilution at Prevailing Price | INR 0.97 per share |
Sharanam Infraproject Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 0.18 | (0) | 1.76 |
| Expenses | 0.14 | 0.16 | 1.72 |
| Operating Margin (%) | 2.22 | – | 2.27 |
| Net Income | 0.02 | (0.17) | 0.03 |
| ROCE (%) | 0.80 | (4.52) | 0.40 |
Sharanam Infraproject Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- General corporate purposesÂ
Sharanam Infraproject Rights Offer Documents
- Sharanam Infraproject Rights Issue Application Form
- Sharanam Infraproject Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Sharanam Infraproject Rights Issue Dates
| Rights Issue Approval Date | 24 December 2024 |
| Rights Issue Record Date | 31 December 2024 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Sharanam Infraproject Rights Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Phone:Â +91-11-26812683
Email:Â [email protected]
Website:Â www.skylinerta.com
Sharanam Infraproject Contact Details
SHARANAM INFRAPROJECT AND TRADING LIMITED
303, Earth Arise, Nr. Y.M.C.A. Club, S. G. Road,
Makarba, Vejalpur, Ahmedabad Gujarat 380051
Phone:Â 079-2970 7666
Email:Â [email protected]
Website:Â www.sharanaminfra.co.in
Sharanam Infraproject Rights Offer FAQs
What is the Sharanam Infraproject Rights Issue Price?
The issue price is INR 1 per share.
What is the Sharanam Infraproject Rights Issue entitlement ratio?
The eligible shareholders are offered 4 Equity Shares for every 1 Equity Shares held on the record date.
What is the Sharanam Infraproject Rights Issue Record Date?
The Record date is 31 December 2024.
How to Apply in Sharanam Infraproject Rights Offer?
The best way to apply in Sharanam Infraproject 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.
