Last Updated on March 4, 2026 by Rajat Bhati
Steelco Gujarat Rights Issue dates is not finalized.
Steelco Gujarat is a Gujarat-based steel processing company engaged in the manufacturing and processing of flat steel products used across construction, infrastructure, and industrial applications. Incorporated in 1989 and headquartered at Palej in Bharuch district, the company operates a manufacturing facility within the GIDC Industrial Estate.
Steelco Gujarat primarily manufactures Cold Rolled (CR) coils and sheets, Galvanized Plain (GP) and Galvanized Corrugated (GC) coils and sheets, and colour-coated steel products. These products are widely used in roofing, fabrication, appliances, automotive components, and general engineering industries. The company commenced commercial production of cold-rolled full hard (CRFH) steel in FY1994 with an installed capacity of 1,80,000 metric tonnes per annum (MTPA). Over the years, it expanded its product portfolio through forward integration. This included the addition of continuous hot-dip galvanising lines with a combined capacity of around 1,20,000 MTPA and a colour coating line with an installed capacity of about 60,000 MTPA, enabling it to manufacture value-added coated steel products.
Promoters of Steelco Gujarat – Next Orbit Growth Fund III (NOGF), Ultimate Investofin Ltd., Sainaisha Traders Pvt. Ltd.
Table of Contents
Steelco Gujarat Rights Issue Details
| Steelco Gujarat Rights Issue Date | Coming soon |
| Steelco Gujarat Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 1,48,98,036 shares |
| Issue Size (in INR) | INR 14.90 crore |
| Issue Entitlement | 3 equity shares for every 1 equity share held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Steelco Gujarat Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE |
Steelco Gujarat Rights Issue Calculation
| Steelco Gujarat Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 78.40 per share |
| Dilution Factor (X) | 4 |
| Fair Value After Dilution at Prevailing Price | INR 27.10 |
Steelco Gujarat Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 0 | 0 | 4 |
| Expenses | 3 | 2 | 14 |
| Operating Margin (%) | NA | (432) | (225) |
| Net Income | (8) | 165 | (21) |
| ROCE (%) | NA | (1) | (9) |
Steelco Gujarat Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Funding the long-term working capital requirements – INR 11.02 crore
- General corporate purposes – INR 3.67 crore
Steelco Gujarat Rights Offer Documents
- Steelco Gujarat Rights Issue Application Form
- Steelco Gujarat Letter of Offer
- Board Meeting Outcome
- Steelco Gujarat Draft Letter of Offer
- Rights Issue in 2026
Steelco Gujarat Rights Issue Dates
| Rights Issue Approval Date | Coming soon |
| Rights Issue Record Date | Coming soon |
| 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 |
Steelco Gujarat Rights Offer Registrar
MUFG INTIME (LINK INTIME) INDIA PRIVATE LIMITED
C-101, Embassy 247, LBS Marg, Surya Nagar, Gandhi Nagar,
Vikhroli (West), Mumbai-400 083, Maharashtra, India
Telephone: +91 81081 14949
Email: [email protected]
Website: www.in.mpms.mufg.com
Steelco Gujarat Contact Details
STEELCO GUJARAT LIMITED
Plot No 2, GIDC Estate, Palej,
Bharuch, Gujarat, 392220
Telephone: +91 78699 10584
Email: [email protected]
Website: www.steelcogujarat.com
Steelco Gujarat Rights Offer FAQs
What is the Steelco Gujarat Rights Issue Price?
The issue price is INR 10 per share.
What is the Steelco Gujarat Rights Issue entitlement ratio?
The eligible shareholders are offered 3 Equity Shares for every 1 Equity Shares held on the record date.
What is the Steelco Gujarat Rights Issue Record Date?
The Record date is coming soon.
How to Apply in Steelco Gujarat Rights Offer?
The best way to apply in Steelco Gujarat 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.