₹29.48 Crores | Listing at BSE | Tue, Feb 21, 2023 - Wed, Mar 8, 2023
Parvati Sweetners and Power Ltd Rights Issue comprises 5.90 Cr equity shares aggregating to ₹29.48 Cr, offered at an issue price of ₹5 per share with a face value of ₹5 per share.
The record date for determining eligible shareholders is Feb 8, 2023.
As per the terms of payment, ₹5 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Feb 13, 2023.
The Rights Issue opens on Feb 21, 2023 and closes on Mar 8, 2023.
The deemed date of allotment is Mar 15, 2023, following which the equity shares are expected to be credited to demat accounts on Mar 16, 2023 and listed on the BSE on Mar 17, 2023.
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Parvati Sweetners and Power Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Feb 8, 2023
Entitlement Ratio
:
Open Date
Tue, Feb 21, 2023
Close Date
Wed, Mar 8, 2023
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31-Mar-20 | 142.07 | 50.25 | 0.08 | 51.66 |
| 31-Mar-21 | 154.76 | 58.83 | 1.62 | 48.88 |
| 31-Mar-22 | 163.08 | 71.61 | 1.09 | 33.52 |
| Amount in ₹ Crore | ||||
Incorporated in 2011, Parvati Sweetners and Power Limited are engaged in Sugar manufacturing. They operate from Madhya Pradesh and deliver their product across different regions. The Sugar plant of the company is located in Village Sankhini, Gwalior, Madhya Pradesh, which can crush up to 2500 MT of sugar per day.
In its journey of over a decade, Parvati Sweetners has grown immensely and aims to become a leader in the growing Sugar market. The company supplies Sugar to various petroleum industries.
Parvati Sweetners and Power Limited is led under the guidance of Ms. Poonam Chouksey. She is the Promoter and Managing Director of the company and contributes highly towards the growth and evolution of the company.
The objects of the Issue are:
[Dilip Davda] PSPL’s financial performance is mismatched. However, as the sugar industry is poised for bright prospects ahead, well-informed/cash surplus investors may consider investing in this at par RI with a long-term perspective. Read detail review...
Parvati Sweetners and Power Ltd
Hall No. 2, Gomantika Parisar,
Shopping Complex, Jawahar Chowk,
Bhopal-462003
Bhopal, Madhya Pradesh, 462003
Purva Sharegistry (India) Pvt.Ltd.
The Parvati Sweetners and Power Rights Issue 2023 opens on Tue, Feb 21, 2023, and closes on Wed, Mar 8, 2023.
Parvati Sweetners and Power Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | Mon, Feb 13, 2023 |
| Last Date for renunciation of Rights Entitlements | Tue, Feb 28, 2023 |
| Issue Opening Date | Tue, Feb 21, 2023 |
| Issue Closing Date | Wed, Mar 8, 2023 |
| Date of Allotment (on or about) | Wed, Mar 15, 2023 |
| Date of Credit (on or about) | Thu, Mar 16, 2023 |
| Date of Listing (on or about) | Fri, Mar 17, 2023 |
You can apply for Parvati Sweetners and Power Rights Issue 2023 in two ways:
Steps to apply for Parvati Sweetners and Power Rights Issue 2023 using Net Banking (ASBA)
Steps to apply for Parvati Sweetners and Power Rights Issue 2023 using Registrar's website (R-WAP)
