Right Issue Status: Closed [30th Dec 2022 to 19th Jan 2023]
Anjani Portland Cement Limited offers Right Issue size of Rs 250.00 Cr. Opening subscription from 30 Dec 2022 to 19 Jan 2023. The company issues 01 right equity shares for every 02 equity shares held on the record date of, 16 Dec 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs.197 per share. Listing will be done on both NSE and BSE. Stay updated with us to know more about the Anjani Portland Cement Limited Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.
The details of the Net Proceeds are as follows:
1. Part repayment and/or prepayment of Inter-Corporate Deposits availed by the Company from the Promoters.
2. Issue related expenses.
|Anjani Portland Cement Issue Details
|Right Issue Issue Size (Shares)
|1.26 Cr Shares
|Right Issue Issue Size (Amount)
|₹10 Per Equity Share
|Right Issue - Issue Price
|₹197 per share
|Right Issue Record Date
|16th Dec 2022
|Right Issue Entitlement
|1 Equity Shares for every 2 Equity Shares held on the Record Date
|Right Issue Terms of payment
Rs. 197 per Rights Equity Share shall be payable, in entirety at the time of making the Application.
In this section we have covered all important dates related to Anjani Portland Cement Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
|Right Issue Activity
|Right Issue Issue Open Date
|30th Dec 2022
|Right Issue Issue Close Date
|19th Jan 2023
|Basis of Allotment Finalisation Date*
|25th Jan 2023
|13th Jan 2023
|Credit of Shares to Demat Account*
|27th Jan 2023
|Right Issue Listing Date*
|1st Feb 2023
* - Tentative Dates
Anjani Portland Cement Limited was originally incorporated as "Shez Chemicals Limited" on December 17, 1983. This Company is part of the Chettinad group which is one of the prominent business houses in South India with diverse businesses including cement manufacturing, transportation, logistics and supply chain management, construction, healthcare and education.
Anjani Portland manufactures Ordinary Portland Cement ("OPC"), Portland Pozzolana Cement ("PPC") and Composite Cement ("CC"). This classification of cement is based on its composition which ultimately determines the usage. Within OPC there are different grades of cement based on the minimum compressive strength gained by the cement-sand mortar mix in 28 days' time. They manufacture 53 grade and 43 grade in OPC.
The principal raw materials used by its Company for cement manufacturing process are limestone, gypsum, iron ore, laterite and fly ash. Their manufacturing facility uses a significantly automated production process installed using SIEMENS PCS7- CEMAT distribution control system with round-the-clock monitoring, sampling and analysis of cement production through its stages from mining to packing.
Past performance and financial results of Anjani Portland Cement.
|For the year/period ended (Rs.in Lakhs)
|Profit After Tax
The table below is live update of Right Issue bidding details from NSE and BSE.
Anjani Portland Cement Right Issue Offer Document (Letter of Offer) >>Document
Anjani Portland Cement Right Issue Offer Document (Letter of Offer) >>Anjani Portland Cement Right Issue Red Herring Prospectus is not yet available.
Anjani Portland Cement Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Anjani Portland Cement Right Issue Online Application (Registrar & Transfer Agent) >>Anjani Portland Cement Right Issue RTA information is not yet available.
Last Updated on 2023-02-14T23:30:57+00:00