₹11.50 Crores | Listing at BSE | Mon, Mar 28, 2022 - Mon, Apr 11, 2022
ASM Technologies Limited Rights Issue comprises 0.1000 Cr equity shares aggregating to ₹11.50 Cr, offered at an issue price of ₹115 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Mar 21, 2022.
As per the terms of payment, ₹115 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 Mar 24, 2022.
The Rights Issue opens on Mar 28, 2022, and closes on Apr 11, 2022, with renunciation of Rights Entitlements permitted up to Apr 6, 2022.
The deemed date of allotment is Apr 20, 2022, following which the equity shares are expected to be credited to demat accounts on Apr 20, 2022 and listed on the BSE on Apr 25, 2022.
Saffron Capital Advisors Pvt.Ltd. is the Lead Manager to the issue and Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the ASM Technologies Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Mar 21, 2022
Entitlement Ratio
:
Open Date
Mon, Mar 28, 2022
Close Date
Mon, Apr 11, 2022
| Particulars | For the year/period ended (Rs.in million) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | ||
| Total Assets | 1,156.90 | 832.15 | |
| Total Income | 1,406.42 | 961.43 | |
| Profit After Tax | 86.01 | 6.97 | |
ASM Technologies Limited provides technology consulting services such as Digital Engineering, Product Research & Development, IT Infrastructure & Capabilities, Product Life Cycle, Digital Engineering, etc. for Automative, Avionics, Semiconductors, and Medical industries. The company conducts its business in India, USA, Singapore, UK, Canada, Mexico, and Japan.
ASM Digital Technologies Pte Ltd., ASM Digital Engineering Private Limited, ASM Digital Technologies Inc., and ASM Technologies Kabushiki Kaisha Japan are wholly-owned subsidiaries of the company.
Competitive Strengths:
The Company intends to utilize the Net Proceeds from this Issue towards the following objects:
[Dilip Davda] The offer is priced attractively at around an 80% discount to its current trading price. Even RI money is to be paid on calls thus giving investors enough time for payment. Its financials are showing growing trends that augurs well. Investors should not miss this lucratively priced RI. Read detail review...
ASM Technologies Limited
80/2, Lusanne Court,
Richmond Road, Bangalore,
Karnataka – 560 025,
The ASM Technologies Rights Issue opens on Mon, Mar 28, 2022, and closes on Mon, Apr 11, 2022.
ASM Technologies Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Thu, Mar 24, 2022 |
| Last Date for renunciation of Rights Entitlements | Wed, Apr 6, 2022 |
| Issue Opening Date | Mon, Mar 28, 2022 |
| Issue Closing Date | Mon, Apr 11, 2022 |
| Date of Allotment (on or about) | Wed, Apr 20, 2022 |
| Date of Credit (on or about) | Wed, Apr 20, 2022 |
| Date of Listing (on or about) | Mon, Apr 25, 2022 |
You can apply for ASM Technologies Rights Issue in two ways:
Steps to apply for ASM Technologies Rights Issue using Net Banking (ASBA)
Steps to apply for ASM Technologies Rights Issue using Registrar's website (R-WAP)
