₹398.97 Crores | Listing at BSE, NSE | Fri, Dec 12, 2025 - Fri, Dec 19, 2025
Patel Engineering Limited Rights Issue comprises 14.78 Cr equity shares aggregating to ₹398.97 Cr, offered at an issue price of ₹27 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Dec 4, 2025, with the Rights Issue being offered in the entitlement ratio of 7 : 40.
The term of payment is defined as following : The full amount of Rs 27 per share will be payable be payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 22, 2025.
The Rights Issue opens on Dec 12, 2025, and closes on Dec 19, 2025, with renunciation of Rights Entitlements permitted up to Dec 16, 2025.
The deemed date of allotment is Dec 22, 2025, following which the equity shares are expected to be credited to demat accounts on Dec 23, 2025 and listed at the NSE and the BSE on Dec 23, 2025.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Patel Engineering Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Dec 4, 2025
Entitlement Ratio
7 : 40
Open Date
Fri, Dec 12, 2025
Close Date
Fri, Dec 19, 2025
The full amount of Rs 27 per share will be payable be payable on application.
Patel Engineering Limited's revenue increased by 12% and profit after tax (PAT) dropped by 22% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 2,441.91 | 5,093.36 | 4,544.11 |
| Profit After Tax | 144.76 | 236.16 | 301.60 |
| NET Worth | 3,933.44 | 3,784.67 | 3,153.62 |
| Reserves and Surplus | 3,849.01 | 3,700.24 | 3,076.26 |
| Amount in ₹ Crore | |||
Patel Engineering was founded in 1949 and has grown into a major construction firm specializing in hydropower and irrigation projects. It build dams, bridges, tunnels, roads, industrial structures, and other heavy civil works. Over the years, the company has worked on more than 15,000 MW of hydropower projects, built over 87 dams, completed 300 km of tunnels, 4,000 meters of shaft works, more than 1,200 km of roads, and helped irrigate over 0.55 million acres.
It is a certified under ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. The company also work with international partners, giving us strong technical and financial capability to bid for large infrastructure projects in sectors like hydropower, irrigation, water supply, urban development and transport.
The net proceeds will be utilized towards the following purposes:
[Dilip Davda] This is the 3rd RI from the company since September 2019. The last RI was in the month of February 2023. PEL is engaged in constructions of infra projects with specialization in hydro and irrigation projects. While it posted growth in its top lines for the reported periods, its bottom line declined with pressure on margins. Well-informed investors may park funds for long term. Read detail review...
Patel Engineering Rights Issue 2025 got oversubscribed by 1.15 times by the end of the bidding period with total bid quantity received by BSE and NSE of 17,06,39,889 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Dec 19 2025 17:00:00 | 6,24,99,454 | 10,81,40,435 | 17,06,39,889 | 1.15x |
Patel Engineering Limited
Patel Estate Road,
Jogeshwari (W)
Mumbai, 400102
The Patel Engineering Rights Issue 2025 opens on Fri, Dec 12, 2025, and closes on Fri, Dec 19, 2025.
Patel Engineering Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Dec 5, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Dec 16, 2025 |
| Issue Opening Date | Fri, Dec 12, 2025 |
| Issue Closing Date | Fri, Dec 19, 2025 |
| Date of Allotment (on or about) | Mon, Dec 22, 2025 |
| Date of Credit (on or about) | Tue, Dec 23, 2025 |
| Date of Listing (on or about) | Tue, Dec 23, 2025 |
You can apply for Patel Engineering Rights Issue 2025 in two ways:
Steps to apply for Patel Engineering Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Patel Engineering Rights Issue 2025 using Registrar's website (R-WAP)
