₹49.52 Crores | Listing at BSE, NSE | Wed, Jan 25, 2023 - Fri, Feb 3, 2023
Aarti Surfactants Limited Rights Issue comprises 0.0892 Cr equity shares aggregating to ₹49.52 Cr, offered at an issue price of ₹555 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Jan 17, 2023.
As per the terms of payment, ₹555 per share payable on application, with the balance payable in call(s).
The Rights Entitlements are expected to be credited to eligible demat accounts on Jan 24, 2023.
The Rights Issue opens on Jan 25, 2023 and closes on Feb 3, 2023.
The deemed date of allotment is Feb 13, 2023, following which the equity shares are expected to be credited to demat accounts on Feb 16, 2023 and listed on NSE and BSE on Feb 17, 2023.
Fedex Securities Pvt.Ltd. is the Lead Manager to the issue and MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Aarti Surfactants Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Jan 17, 2023
Entitlement Ratio
:
Open Date
Wed, Jan 25, 2023
Close Date
Fri, Feb 3, 2023
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 262.29 | 326.07 | 2.09 |
| 31-Mar-21 | 386.52 | 465.83 | 21.63 |
| 31-Mar-22 | 402.42 | 575.81 | 5.49 |
| Amount in ₹ Crore | |||
Incorporated in 2018, Aarti Surfactants Limited is a leading entity engaged in the production and supply of high-quality ionic and anionic surfactants and specialty surfactants. The company caters to the demand worldwide and satisfies its customers.
The product case of Aarti Surfactants includes:
These products are then used as material in the making of shampoos, soaps, handwashes, detergents, floor cleaners, etc. With this wide product range, Aarti Surfactants is serving industries like Home Care, Hair Care, Skin and Personal Care, Oral Care, Baby Care, and Industrial Applications.
Aarti Surfactants has obtained various certifications and authorization to effectively offer its products to its customers. The company has achieved exemplary growth by delivering high-quality products and maintaining the trust of the end customers.
The company envisions becoming a global preference of leading FMCG companies worldwide for Surfactants and Specialty Products,
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
[Dilip Davda] The company belongs to the Aarti group and is in the lucrative business of surfactants. Though it posted growth in its top lines for the last three fiscals, its bottom line marked inconsistency. Based on its current quotes, the issue appears fully priced. However, considering its investor’s friendly gesture of partly paid RI, investors may consider investing with a long-term perspective. Read detail review...
Aarti Surfactants Limited
- Plot Nos. 801, 801/23,
GIDC Estate, Phase III,
Vapi-396 195, District Valsad
Valsad, Gujarat, 396195
The Aarti Surfactants Rights Issue 2023 opens on Wed, Jan 25, 2023, and closes on Fri, Feb 3, 2023.
Aarti Surfactants Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | Tue, Jan 24, 2023 |
| Last Date for renunciation of Rights Entitlements | Fri, Jan 27, 2023 |
| Issue Opening Date | Wed, Jan 25, 2023 |
| Issue Closing Date | Fri, Feb 3, 2023 |
| Date of Allotment (on or about) | Mon, Feb 13, 2023 |
| Date of Credit (on or about) | Thu, Feb 16, 2023 |
| Date of Listing (on or about) | Fri, Feb 17, 2023 |
You can apply for Aarti Surfactants Rights Issue 2023 in two ways:
Steps to apply for Aarti Surfactants Rights Issue 2023 using Net Banking (ASBA)
Steps to apply for Aarti Surfactants Rights Issue 2023 using Registrar's website (R-WAP)
