Ultracab Rights Issue 2024 Offer Details
| Ultracab Rights Issue Date: | 28 to 11 February 2025 |
| Rights Issue Size (in INR): | Approx ₹49.81 Crores |
| Rights Issue Size (in Shares): | 3,43,52,100 Equity Share |
| Issue Price: | ₹14.5 Per Equity Share |
| Face Value: | ₹2 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | – |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 9:25 (1 rights share for every 1 shares held on record date) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Ultracab Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Ultracab Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 15 January 2025 |
| Rights Issue Record Date: | 16 January 2025 |
| Credit of Rights Entitlements: | – |
| Issue Offer Opens On: | 28 January 2025 |
| Renunciation of Rights Entitlements: | 5 February 2025 |
| Issue Offer Closes On: | 11 February 2025 |
| Basis of Allotment Date: | 2025 |
| Credit Date: | 2025 |
| Listing Date: | 2025 |
Ultracab Rights Issue Calculation
| Rights Issue Price: | ₹– per share |
| Market Price on Rights Issue Approval: | ₹– per share |
| Dilution Factor (X): | – |
| Fair Value After Dilution at Prevailing Price: | ₹– per share |
How to Apply for Ultracab Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Ultracab
Ultracab India is one of the top companies for manufacturers and exporters of electric wires and cables, with over 22 years of experience in the market. Further, After a product is finished, it is tested and inspected before being authorized for export to international markets. Additionally, this business is a dependable supplier to more than 50 large organizations and an authorized vendor for more than 100 government bodies. They supply a robust domestic and global distribution network with on-time deliveries. It runs across a production area of 350,000 square feet, including several divisions. Each year, and also produces 2 million bed sets, 36 million meters of fabric, and 2.5 million bottoms.
Objects of the Rights Issue
- For the pre-payment / repayment of Loan
- For augmenting the working capital requirements of the Company
- For General corporate purposes
Ultracab Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹85.26 | ₹80.78 | ₹3.14 |
| 2023 | ₹107.67 | ₹99.86 | ₹5.82 |
| 2024 | ₹124.39 | ₹115.86 | ₹5.98 |
Ultracab Rights Issue Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200rightsissue@bigshareonline.compriya@cameoindia.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Ultracab Rights Issue Lead Manager
- To Be Updated Soon
Ultracab Rights Issue allotment status check on Bigshare Services website – Click Here
Promoters of Ultracab
- To Be Updated Soon
Company Address
Ultracab (india) Ltd
Survey No: 262,
B/h Galaxy Bearings Limited
Shapar Dist. Rajkot-360024.
Phone: 912827253122
Email: info@ultracab.in
Website: https://www.ultracabwires.com/
