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Bharat Gears Limited Rights Issue (Bharat Gears Rights Issue) Detail

November 22, 2021 - December 6, 2021
Bharat Gears Limited Logo

Incorporated in the year 1971, Bharat Gears Ltd. is one of the most reputed companies in gears technology and one of the largest gear manufacturers in India. The company is engaged in the manufacturing of a wide range of ring gears and pinions, transmission gears and shafts, differential gears, gearboxes majorly for the automotive industry. The company's manufacturing business can be broadly categorized into 3 segments: Gears, Automotive Components and Furnaces.

India being the primary market, the company is also growing its exports to North America, the European market, and some other countries. Bharat Gear's customer list includes some of the prominent players in the domestic automobile industry and some key players in the international markets in the tractors, trucks, construction equipment, buses, and utility vehicle segments. Company's business operations and products primarily cater to the B2B segment.

Bharat Gears Rights Issue Detail

Issue Open November 22, 2021 - December 6, 2021
Security Name Bharat Gears Limited
Issue Size (Shares) 930,610
Issue Size (Amount) ₹9.77 Crores
Issue Price ₹105 per share
Face Value ₹10 per share
Listing At BSE, NSE
Terms of Payment The full amount of Rs. 105/- per equity share is payable on application.
Entitlement 1 equity share for every 10 fully paid-up equity share held on the record date

Bharat Gears Rights Issue Issue Timetable

Record Date October 29, 2021
Credit of Rights Entitlements November 20, 2021
Bid/Offer Opens On November 22, 2021
Renunciation of Rights Entitlements December 2, 2021
Bid/Offer Closes On December 6, 2021
Deemed Date of Allotment December 16, 2021
Credit Date December 20, 2021
Listing Date December 21, 2021

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended ( Millions)
31-Mar-21 31-Mar-20
Total Assets 3,836.31 3,741.40
Total Income 5,043.96 4,679.95
Profit After Tax -77.00 -187.77

Objects of the Issue:

The Proceeds from the Issue will be utilized towards funding of the following objects:

  • Meet part of the working capital requirements
  • Meet expenses for the Issue

Bharat Gears Rights Issue Documents

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Bharat Gears Rights Issue Reviews

Company Contact Information

Bharat Gears Limited
20 K.M. Mathura Road,
P.O. Amar Nagar,
Faridabad - 121 003, Haryana

Phone: +91 129 428 8888

Bharat Gears Rights Issue Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270

Bharat Gears Rights Issue Lead Manager(s)

Bharat Gears Rights Issue FAQs

The Bharat Gears Rights Issue opens on November 22, 2021, and closes on December 6, 2021.

Bharat Gears Rights Issue Schedule

Last Date for credit of Rights EntitlementsNovember 20, 2021
Last Date for renunciation of Rights EntitlementsDecember 2, 2021
Issue Opening DateNovember 22, 2021
Issue Closing DateDecember 6, 2021
Date of Allotment (on or about)December 16, 2021
Date of Credit (on or about)December 20, 2021
Date of Listing (on or about)December 21, 2021

Bharat Gears Rights Issue price is set at ₹105 per share per equity share.

The eligible shareholders are being offered 1 equity share for every 10 fully paid-up equity share held on the record date (October 29, 2021).

The record date for the Bharat Gears Rights Issue is October 29, 2021.

The issue size of Bharat Gears Rights Issue is of 930,610 equity shares at ₹105 per share aggregating upto ₹9.77 Crores.

The Letter of Offer for Bharat Gears Rights Issue can be download here.

You can apply for Bharat Gears Rights Issue in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Bharat Gears Rights Issue using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Bharat Gears Rights Issue available on the list.
  4. Click the Apply button next to the Bharat Gears Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Bharat Gears Rights Issue using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Bharat Gears Rights Issue from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.


4. Sarita     Link|January 6, 2022 12:38:33 PM
Hi i purchased rights share from secondary market & failed to purchase share from link due to link issue.
Customer care told me that holding not be collapsed, you can sell that rights whenever it's tradable again. Could you please confim
3. Yatanveer     Link|December 24, 2021 3:02:58 PM
Dear sir,
This is about right issue of Bharat gear limited i bought 100 share on 1 December and sale 50 sahers on 2nd December, after then right issue raised but I am new in share market I called to customer care to know more about right issue application , they send me a link I tried but i can't resolved or applied through given link. All time it showing no record found ,again contact to customer care but they can't resolved my problem
Please do the needful and necessary action i want my share or amount which was not showing in my portfolio , it a system issue I also
Please look in to this matter as soon as possible.
My dp id is 1203320042365971
Yatanveer singh meena
2. RKT     Link|December 4, 2021 12:47:33 PM
Do the online buyers who are not original allottees also have to apply for online purchased shares before due date?
2.1. VIRAL VRAJLAL CHAUHAN     Link|December 7, 2021 10:59:27 AM
BGEAR-RE pe hamne 172.0.5 pr Delivery pe liya tha Quantity 28 pr payment 4821 ka pura 100% Payment Block huva he pls my DP ID 1203320065761022 PR Bharat Gears Limited pls
1. Susheel     Link|December 1, 2021 9:14:19 AM
Can anyone tell why the price of Right Issue is trading at such high price, today it is more than the price of underlying share.

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