Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Right Issue Status: Closed [10th Apr 2023 to 24th Apr 2023]
SPEC Limited offers Right Issue size of 49,900,000 equity shares worth of Rs 49.90 Cr. The subscription for this Rights Issue is opening from 10 Apr 2023 to 24 Apr 2023. The company issues 02 Rights equity shares for every fully paid-up 53 equity shares held on the record date of 29 Mar 2023. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs. 10 per share.
Stay updated with us to know more about the SPEC Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.
The company proposes to utilize the net proceeds from the issue towards funding the following objects:
| SEPC Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 4.99 Cr Shares |
| Right Issue Issue Size (Amount) | ₹49.90 Cr |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹10 per share |
| Right Issue Record Date | 29th Mar 2023 |
| Right Issue Entitlement | 2 Rights Equity Share(s) for every 53 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | The entire amount of the Issue Price of Rs.10/- per Rights Equity Share shall be payable at the time of Application. |
| Listing At | BSE, NSE |
| BSE Code | 532945 |
| NSE Code | SEPC |
In this section we have covered all important dates related to SEPC 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 | Date |
|---|---|
| Right Issue Issue Open Date | 10th Apr 2023 |
| Right Issue Issue Close Date | 24th Apr 2023 |
| Basis of Allotment Finalisation Date* | 3rd May 2023 |
| Refunds Initiation* | 18th Apr 2023 |
| Credit of Shares to Demat Account* | 5th May 2023 |
| Right Issue Listing Date* | 8th May 2023 |
* - Tentative Dates
Zerodha Trade@20
This company was initiated in June 2000, with the name of "Shriram EPC Limited", that is engaged in the business of executing turnkey contracts in Engineering, Procurement, and Construction (EPC) and providing end-to-end solutions offering multi-disciplinary services and project management solutions. SEPC Limited ("SPEC") is focused on providing turnkey solutions in the following business areas :
Infrastructure :- Water & Sewer, Road
Process and Metallurgy :- Process Plants, Steel Plants, Mine Development, and Power Plant
The Company is responsible for design, Procurement, construction and commissioning of projects on a turnkey basis and the main resource comprising of Engineers and employees specialised in a dedicated sector who offer appropriate solutions for a project in a cost-effective way. In addition, the company has a suite of software on project management control like MS Project, Primavera, design software like AutoCAD, Teckla etc.
SPEC also owns batching plants, equipments for civil construction and Material handling equipments like cranes, hydra etc. Further, the Company also owns shaft sinking equipment which is specialised equipment for mine development.
Past performance and financial results of SEPC .
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 2,602.65 | 1,258.87 | -77.26 |
| 31-Mar-21 | 2,416.29 | 606.13 | -179.47 |
| 31-Mar-22 | 2,223.22 | 340.59 | -263.70 |
| Amount in ₹ Crore | |||
The table below is live update of Right Issue bidding details from NSE and BSE.
SEPC Right Issue Offer Document (Letter of Offer) >>Document
SEPC Right Issue Offer Document (Letter of Offer) >>SEPC Right Issue Red Herring Prospectus is not yet available.
SEPC Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
SEPC Right Issue Online Application (Registrar & Transfer Agent) >>SEPC Right Issue RTA information is not yet available.
Last Updated on 2023-11-16T16:48:15+00:00
