₹224.69 Crores | Listing at BSE, NSE | Fri, Jan 17, 2025 - Mon, Jan 27, 2025
Camlin Fine Sciences Ltd. Rights Issue comprises 2.04 Cr equity shares aggregating to ₹224.69 Cr, offered at an issue price of ₹110 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Jan 8, 2025, with the Rights Issue being offered in the entitlement ratio of 5 : 41.
The term of payment is defined as following : The full amount of Issue Price of Rs. 110/-per Rights Equity Share is payable on Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jan 31, 2025.
The Rights Issue opens on Jan 17, 2025, and closes on Jan 27, 2025, with renunciation of Rights Entitlements permitted up to Jan 21, 2025.
The deemed date of allotment is Jan 31, 2025, following which the equity shares are expected to be credited to demat accounts on Feb 5, 2025 and listed at the NSE and the BSE on Feb 7, 2025.
Centrum Capital 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 Camlin Fine Sciences Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Jan 8, 2025
Entitlement Ratio
5 : 41
Open Date
Fri, Jan 17, 2025
Close Date
Mon, Jan 27, 2025
The full amount of Issue Price of Rs. 110/-per Rights Equity Share is payable on Application.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,951.72 | 2,060.1 | 1,800.08 |
| Revenue | 1,628.62 | 1,687.36 | 1,445.12 |
| Profit After Tax | -104.88 | 39.81 | 60.37 |
| Amount in ₹ Crore | |||
Camlin Fine Sciences Ltd (CFS) is an Indian company that manufactures and sells chemicals, ingredients, and additive blends for various industries
CFS produces antioxidants like tert-butylhydroquinone (TBHQ) and Butylated hydroxyanisole (BHA).They also offer shelf-life extension solutions like bactericides, mould inhibitors, and disinfectants.
CFS provides performance chemicals like hydroquinone and catechol to the pharmaceutical industry. The company also manufactures aroma ingredients for food, beverages, flavor, fragrances, and incense sticks.
CFS has manufacturing facilities in India and Italy and offices and R&D centres in Europe, North and South America, and Asia.They sell their products through a supply chain network in North, Central, and South America, Europe, and Asia-Pacific.
The Company intends to utilize the Net Proceeds from the Issue towards funding the following objects:
[Dilip Davda] The company is a global player for manufacturing/marketing speciality chemicals and blends used by varied industries. It posted losses from FY24 onwards, that raises major concern. Based on recent trends, the issue appears aggressively priced. Widening losses for the pre-RI period not only raise eyebrows, but also concern over its fate in near term. The counter is well managed above the RI price to tempt investors. Well-informed investors may park moderate funds for long term. Read detail review...
Camlin Fine Sciences Rights Issue 2024 got oversubscribed by 1.66 times by the end of the bidding period with total bid quantity received by BSE and NSE of 3,39,15,664 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Jan 27 2025 16:30:00 | 3,10,87,353 | 28,28,311 | 3,38,64,903 | 1.66x |
Camlin Fine Sciences Ltd.
Floor 2to 5, Building in GS. Point, Plot No. VIII
Private Layout Scheme, Opp. University Campus,
C.S.T. Road, Kalina, Santa-Mumbai-400098
Mumbai, Maharashtra, 400098
The Camlin Fine Sciences Rights Issue 2024 opens on Fri, Jan 17, 2025, and closes on Mon, Jan 27, 2025.
Camlin Fine Sciences Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | Mon, Jan 13, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Jan 21, 2025 |
| Issue Opening Date | Fri, Jan 17, 2025 |
| Issue Closing Date | Mon, Jan 27, 2025 |
| Date of Allotment (on or about) | Fri, Jan 31, 2025 |
| Date of Credit (on or about) | Wed, Feb 5, 2025 |
| Date of Listing (on or about) | Fri, Feb 7, 2025 |
You can apply for Camlin Fine Sciences Rights Issue 2024 in two ways:
Steps to apply for Camlin Fine Sciences Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for Camlin Fine Sciences Rights Issue 2024 using Registrar's website (R-WAP)
