Sunshield Chemicals Rights Issue dates are not finalized.
Sunshield Chemicals specializes in manufacturing specialty chemicals — low-volume, high-value products designed for specific end-use applications within the Indian chemical industry. These products are part of a complex and interconnected industry, where they are valued and sold based on their performance and functionality, rather than just their chemical composition. The company’s products include:
- HQEE (Hydroquinone bis(2-hydroxyethyl) Ether)
- Specialty surfactants (Ethylene Oxide based Ethoxylates and Propoxylates)
- Anti-oxidants
- THEIC (Tris 2-Hydroxyethyl Isocyanurate)
- Urea Formaldehyde Resin and
Sunshield Chemicals’ industry-specific technologies and high-quality solutions smoothly transition from the research stage to full-scale development at its manufacturing facility in Raigad, Maharashtra. The company boasts a total manufacturing capacity of 18,076 MT across all its product lines at this plant. As of 30 September 2024, the company had 213 permanent employees.
Promoters of Sunshield Chemicals – Indus Petrochem Limited
Table of Contents
Sunshield Chemicals Rights Issue Details
| Sunshield Chemicals Rights Issue Date | Coming soon |
| Sunshield Chemicals Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 150 crore |
| Issue Entitlement | [] equity shares for every [] equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Sunshield Chemicals Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE |
Sunshield Chemicals Rights Issue Calculation
| Sunshield Chemicals Rights Issue Price | INR per share |
| Market Price on Rights Issue Approval | INR per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | INR per share |
Sunshield Chemicals Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 244.0 | 244.8 | 283.0 |
| Expenses | 199.7 | 221.1 | 243.0 |
| Operating Margin (%) | 20.4 | 13.5 | 14.0 |
| Net Income | 27.5 | 13.7 | 18.8 |
| ROCE (%) | 21.0 | 19.0 | 22.0 |
Sunshield Chemicals Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment or prepayment, in full or in part, of certain borrowings availed by the company
- Setting up of projects for expansion, modernization, and allied activities
- General corporate purposes
Sunshield Chemicals Rights Offer Documents
- Sunshield Chemicals Rights Issue Application Form
- Sunshield Chemicals Letter of Offer
- Board Meeting Outcome
- Sunshield Chemicals Draft Letter of Offer
- Rights Issue in 2024
Sunshield Chemicals 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 |
Sunshield Chemicals Rights Offer Lead Manager
FORTRESS CAPITAL MANAGEMENT SERVICES PRIVATE LIMITED
2nd Floor, Daryanagar House, 69,
Maharshi Karve Road, Mumbai – 400002
Phone: +91 022-22007973
Email: hiteshdoshi@fortress.co.in
Website: www.fortresscapital.in
Sunshield Chemicals 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: rightsissue@bigshareonline.com
Website: www.bigshareonline.com
Sunshield Chemicals Contact Details
SUNSHIELD CHEMICALS LIMITED
1501-A, Universal Majestic, P.L. Lokhande Marg Behind
R.B.K International Academy, Chembur, Mumbai – 400043
Phone: +91 022-25550126
Email: info@sunshieldchemicals.com
Website: www.sunshieldchemicals.com
Sunshield Chemicals Rights Offer FAQs
What is the Sunshield Chemicals Rights Issue Price?
The issue price is INR per share.
What is the Sunshield Chemicals Rights Issue entitlement ratio?
The eligible shareholders are offered [] Equity Shares for every [] Equity Shares held on the record date.
What is the Sunshield Chemicals Rights Issue Record Date?
The Record date is Coming soon.
How to Apply in Sunshield Chemicals Rights Offer?
The best way to apply in Sunshield Chemicals 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.