Clara Industries Limited Rights Issue (Clara Industries Rights Issue 2023) Detail

₹27.62 Crores | Listing at BSE | Tue, May 23, 2023 - Wed, Jun 14, 2023

Clara Industries Limited Logo

Clara Industries Limited Rights Issue comprises 0.1654 Cr equity shares aggregating to ₹27.62 Cr, offered at an issue price of ₹167 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is May 11, 2023, with the Rights Issue being offered in the entitlement ratio of 2 : 3.

The term of payment is defined as following : The full amount of the Issue Price being Rs. 167/- will be payable on application.

The Rights Entitlements are expected to be credited to eligible demat accounts on [.]

The Rights Issue opens on May 23, 2023, and closes on Jun 14, 2023, with renunciation of Rights Entitlements permitted up to May 29, 2023.

The deemed date of allotment is Jun 7, 2023, following which the equity shares are expected to be credited to demat accounts on Jun 12, 2023 and listed at the BSE on Jun 16, 2023.

Bigshare Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Clara Industries Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Thu, May 11, 2023

Entitlement Ratio

2 : 3

Open Date

Tue, May 23, 2023

Close Date

Wed, Jun 14, 2023

Rights Issue Details

Rights Issue Timetable

Clara Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-226.973.871.05
Amount in ₹ Crore

About Clara Industries Limited

Incorporated in 2021, Clara Industries Limited is engaged in the Packaging Domain. The company has over seven years of experience. They have run and completed over 25000 successful projects.

Clara aims at offering quality services, ensuring maximum client satisfaction, and acting with robust planning and strategies.

The clientele of the company includes brands and entities like Swadisht, The Abbal Premium Tea, Golden Tiger, Laxmi Premium, and so on.

Objects of the Issue:

The Company intends to utilize the proceeds raised through the Issue towards the following objects:

  1. Funding the working capital requirements of the Company
  2. General corporate purposes.

Rights Issue Review

[Dilip Davda] The company has improved its performance amidst a highly competitive and fragmented segment. The counter is well-managed above the RI price to lure investors. Well-informed, cash surplus/risk seekers may park funds. Read detail review...

Company Contact Information

Clara Industries Limited
127/1, Simbhalka Junardar,
Janta Road,
Saharanpur-247001
Saharanpur, Uttar Pradesh, 247001

Rights Issue Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • rightsissue@bigshareonline.com
  • Visit Website

Rights Issue FAQs

The Clara Industries Rights Issue 2023 opens on Tue, May 23, 2023, and closes on Wed, Jun 14, 2023.

Clara Industries Rights Issue 2023 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, May 29, 2023
Issue Opening DateTue, May 23, 2023
Issue Closing DateWed, Jun 14, 2023
Date of Allotment (on or about)Wed, Jun 7, 2023
Date of Credit (on or about)Mon, Jun 12, 2023
Date of Listing (on or about)Fri, Jun 16, 2023
Clara Industries Rights Issue 2023 price is set at ₹167 per share.
The eligible shareholders are being offered 2 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date (Thu, May 11, 2023).
The record date for the Clara Industries Rights Issue 2023 is Thu, May 11, 2023.
The issue size of Clara Industries Rights Issue 2023 is of 16,53,986 equity shares at ₹167 per share aggregating up to ₹27.62 Crores.
The Letter of Offer for Clara Industries Rights Issue 2023 can be downloaded here.

You can apply for Clara Industries Rights Issue 2023 in two ways:

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

Steps to apply for Clara Industries Rights Issue 2023 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 Clara Industries Rights Issue 2023 is available on the list.
  4. Click the Apply button next to the Clara Industries Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Clara Industries Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Clara Industries Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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