KDDL Limited Rights Issue (KDDL Rights Issue) Detail

Apr 9, 2021 - Apr 23, 2021

KDDL Limited is engaged in the manufacturing of watch components and precision engineering products. It is one of India’s leading watch components manufacturers for over three decades.


KDDL supplies watch components to domestic and international luxury watch brands.
KDDL Limited recently acquired Estima AG, an established maker of watch hands in Switzerland.


KDDL caters to various industries like automobile, electrical and electronics, consumer durables, industrial engineering, instrumentation, aerospace, and defence industry through precision engineering products like electrical connectors and terminals, components of relays for aerospace application, electrical switch gears, cell phone chargers, battery and components for the automobile sector, etc.


KDDL also manufactures ornamental packaging boxes for watches, jewellery, and writing instruments.

KDDL Rights Issue Detail

Issue OpenApr 9, 2021 - Apr 23, 2021
Security NameKDDL Limited
Issue Size (Shares)0.11 Crores
Issue Size (Amount)₹25.00 Crores
Issue Price₹230 per share
Face Value₹10 per share
Minimum Lot size
Market Lot1 per share
Listing AtBSE, NSE
Terms of PaymentThe full amount of the Issue Price being Rs 230 will be payable on application
Entitlement7 Rights Equity Share for every 75 Fully Paid-Up Equity Shares held on the record date

KDDL Rights Issue Issue Timetable

Bid/Offer Opens OnApr 9, 2021
Bid/Offer Closes OnApr 23, 2021
Record DateMar 31, 2021
Deemed Date of AllotmentMay 4, 2021
Renunciation of Rights EntitlementsApr 19, 2021

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19
Total Assets 65,719.80 51,886.79
Total Revenue 65,834.68 62,796.71
Profit After Tax (196.57) 2,517.48

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards ;
(i.) Investment in Ethos Limited (KDDL's material subsidiary) for funding its working capital requirements;
(ii) General corporate purposes.

KDDL Rights Issue Documents

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Company Contact Information

KDDL Limited
Kamla Centre,
SCO 88-89, Sector – 8C,
Chandigarh – 160009

Phone: +91-172-2548223
Email: investor.complaints@kddl.com
Website: https://www.kddl.com/

KDDL Rights Issue Registrar

  1. KFintech Private Limited
       Selenium Building, Tower-B, Plot No 31 & 32,
       Financial District,Nanakramguda, Serilingampally,
       Rangareddi, Telangana India - 500 032.

    Phone: 1-800-3454001
    Email: kddl.rights@kfintech.com
    Website: https://karisma.kfintech.com/

KDDL Rights Issue Lead Manager(s)

KDDL Rights Issue FAQs

  1. When is KDDL Rights Issue coming?

    The KDDL Rights Issue opens on Apr 9, 2021, and closes on Apr 23, 2021.

  2. What is the schedule for KDDL Rights Issue?

    KDDL Rights Issue Schedule

    Last Date for credit of Rights EntitlementsApr 8, 2021
    Last Date for renunciation of Rights EntitlementsApr 19, 2021
    Issue Opening DateApr 9, 2021
    Issue Closing DateApr 23, 2021
    Date of Allotment (on or about)May 4, 2021
    Date of Credit (on or about)May 5, 2021
    Date of Listing (on or about)May 7, 2021
  3. What is the issue price for KDDL Rights Issue?

    KDDL Rights Issue price is set at ₹230 per share per equity share.

  4. In what ratio is the KDDL Rights Issue offered?

    The eligible shareholders are being offered 7 Rights Equity Share for every 75 Fully Paid-Up Equity Shares held on the record date (Mar 31, 2021).

  5. What is the record date for KDDL Rights Issue?

    The record date for the KDDL Rights Issue is Mar 31, 2021.

  6. What is the issue size of KDDL Rights Issue?

    The issue size of KDDL Rights Issue is of 0.11 Crores equity shares at ₹230 per share aggregating upto ₹25.00 Crores.

  7. Where can I get the Letter of Offer for KDDL Rights Issue?

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

  8. How to apply for KDDL Rights Issue?

    You can apply for KDDL Rights Issue in two ways:

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

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

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

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