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Dynemic Products Limited Rights Issue (Dynemic Products Rights Issue 2022) Detail

May 25, 2022 - June 8, 2022
Dynemic Products Limited Logo

Dynemic Products Limited is one of the largest global manufacturers & exporters of food colours in the world. The company offers a wide range of products such as Food Colours, Lake Colours, Blended Colours, US-FDA certified FD & C Colours, Natural Food Colours and Dye Intermediates.

The company has a business presence in both the Indian and international markets. Dynemic Products Limited has three manufacturing plants spread over 1,04,000 Sq Mt of area located in Gujarat.

Dynemic Products Rights Issue 2022 Detail

Issue Open May 25, 2022 - June 8, 2022
Security Name Dynemic Products Limited
Issue Size (Shares) 566,422
Issue Size (Amount) ₹25.49 Crores
Issue Price ₹450 per share
Face Value ₹10 per share
Listing At BSE, NSE
Terms of Payment

The Issue Price of Rs. 5/- per Rights Equity Share shall be payable at the time of application and the balance of the Issue Price i.e. Rs. 5/- per Rights Equity Share shall be payable on First and Final call.

Entitlement 1 Rights Equity Shares for every 20 fully paid-up Equity Shares held on the Record Date

Dynemic Products Rights Issue 2022 Issue Timetable

Record Date May 13, 2022
Credit of Rights Entitlements May 24, 2022
Bid/Offer Opens On May 25, 2022
Renunciation of Rights Entitlements June 3, 2022
Bid/Offer Closes On June 8, 2022
Deemed Date of Allotment June 16, 2022
Credit Date June 20, 2022
Listing Date June 24, 2022

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Million)
  31-Mar-21 31-Mar-20
Total Assets 3,511.36 2,507.81
Total Income 2,061.961 1,831.819
Profit After Tax 284.94 241.71

Objects of the Issue:

The company intends to utilize the Net Proceeds raised through the Issue towards the following object:

  • To meet incremental working capital requirements

Dynemic Products Rights Issue 2022 Documents

Dynemic Products Rights Issue 2022 Rating

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Dynemic Products Rights Issue 2022 Reviews

Company Contact Information

Dynemic Products Limited
B-301, Satyamev Complex-1,
Opp. Gujarat High Court,
S.G.Road, Sola, Ahmedabad - 380 060

Phone: +91 (79) 27663071
Email: info@dynemic.com
Website: http://www.dynemic.com/index.php

Dynemic Products Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Dynemic Products Rights Issue 2022 Lead Manager(s)

Dynemic Products Rights Issue 2022 FAQs

The Dynemic Products Rights Issue 2022 opens on May 25, 2022, and closes on June 8, 2022.

Dynemic Products Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsMay 24, 2022
Last Date for renunciation of Rights EntitlementsJune 3, 2022
Issue Opening DateMay 25, 2022
Issue Closing DateJune 8, 2022
Date of Allotment (on or about)June 16, 2022
Date of Credit (on or about)June 20, 2022
Date of Listing (on or about)June 24, 2022

Dynemic Products Rights Issue 2022 price is set at ₹450 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Shares for every 20 fully paid-up Equity Shares held on the Record Date (May 13, 2022).

The record date for the Dynemic Products Rights Issue 2022 is May 13, 2022.

The issue size of Dynemic Products Rights Issue 2022 is of 566,422 equity shares at ₹450 per share aggregating upto ₹25.49 Crores.

The Letter of Offer for Dynemic Products Rights Issue 2022 can be download here.

You can apply for Dynemic Products Rights Issue 2022 in two ways:

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

Steps to apply for Dynemic Products Rights Issue 2022 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 Dynemic Products Rights Issue 2022 available on the list.
  4. Click the Apply button next to the Dynemic Products Rights Issue 2022.
  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 Dynemic Products Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Dynemic Products Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. chintan shah     Link|June 22, 2022 12:48:48 PM
i have not received right shares till date, amount deduct from asba bank

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