Sharanam Infraproject And Trading Rights Issue 2024 Offer Details
| Sharanam Infraproject And Trading Rights Issue Date: | 24 to 2 February 2025 |
| Rights Issue Size (in INR): | Approx ₹7.00 Crores |
| Rights Issue Size (in Shares): | 7,00,01,400 Equity Share |
| Issue Price: | ₹1 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 539584 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 7:5 (7 rights share for every 5 shares held on record date) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Sharanam Infraproject And Trading Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Sharanam Infraproject And Trading Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 9 January 2025 |
| Rights Issue Record Date: | 10 January 2025 |
| Credit of Rights Entitlements: | 2025 |
| Issue Offer Opens On: | 24 January 2025 |
| Renunciation of Rights Entitlements: | 29 January 2025 |
| Issue Offer Closes On: | 2 February 2025 |
| Basis of Allotment Date: | 8 February 2025 |
| Credit Date: | 13 February 2025 |
| Listing Date: | 15 February 2025 |
Sharanam Infraproject And Trading Rights Issue Calculation
| Rights Issue Price: | ₹1 per share |
| Market Price on Rights Issue Approval: | ₹0.86 per share |
| Dilution Factor (X): | 5 |
| Fair Value After Dilution at Prevailing Price: | ₹0.97 per share |
How to Apply for Sharanam Infraproject And Trading Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Sharanam Infraproject And Trading
Sharanam Infraproject and Trading Limited incorporated on February 5, 1992, engaged in the business of distributing and supplying a wide range of steel products and building materials. The business was not particularly busy before, but with the assistance of a new, experienced management team, they decided to start supplying steel products in Gujarat and other nearby states. The company distributes and supplies a range of steel products such as Seamless or welded steel pipes, Blooms, and slabs, Welded pipe, Electric resistance welding, High-frequency induction welding, Longitudinal submerged arc welding, Seamless pipe, Oil and gas industry usage, Real Estate and Infrastructural projects. The company’s primary object is to get involved in the real estate industry by purchasing, selling, managing, and leasing buildings and land. Additionally, they also assist with the building, maintenance, repairs, and rent collecting of a variety of properties, including flats, shops, and godowns.
Objects of the Rights Issue
- To meet the working capital requirements of the company
Sharanam Infraproject And Trading Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹0.18 | ₹0.14 | ₹0.02 |
| 2023 | ₹0.00 | ₹0.17 | ₹0.17 |
| 2024 | ₹1.76 | ₹1.73 | ₹0.13 |
Sharanam Infraproject And Trading Rights Issue Registrar
Skyline Financial Services Private Limited
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Phone: +91-11-26812683
Email: investor@skylinerta.com
Website: www.skylinerta.com
Sharanam Infraproject And Trading Rights Issue Lead Manager
- To Be Updated Soon
Sharanam Infraproject And Trading Rights Issue allotment status check on Skyline Financial Services Private Limited website – Click Here
Promoters of Sharanam Infraproject And Trading
- Major Harjinder Singh Jonjua Retd
- Mrs. Maninder Kaur Jonjua
- Mr. Harmanpreet Singh Jonjua
- Mrs. Ranbir Kaur Jonjua
- HS Jonjua and Sons HUF
Company Address
Sharanam Infraproject And Trading Ltd
Shop A-915,
The Capital, Opposite Hetarth Party Plot,
Science City Road, Sola, Ahmedabad, 380060
Phone: 07929707666
Email: sharanaminfraproject@gmail.com
Website: https://www.sharanaminfra.co.in/index.php