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SEPC Limited Rights Issue (SEPC Limited Rights Issue 2023) Detail

December 6, 2023 - December 18, 2023
SEPC Limited Logo

 

Incorporated in 2000, Shriram EPC Limited is an end-to-end solutions provider for Engineering, Procurement, and Construction (EPC) projects, offering multi-disciplinary services and project management solutions. SEPC Limited, which stands for "Solution Engineering Procurement Construction," focuses on providing turnkey solutions in two main business areas:
1. Infrastructure, including Water and sewer and Road projects.
2. Process and Metallurgy, which includes Process Plants, Steel Plants, Mine Development, and Power Plants.

The company is an Engineering Procurement and Construction Company certified with ISO 9001-2015 QMS DAkkS, ISO 9001-2015 QMS NABCB, ISO 45001-2018 DAkkS, and ISO 14001- 2015 EMS DAkkS.

The core strength of the company lies in the following:-

  • SEPC's expertise in providing premium design and engineering solutions has helped the company establish a prominent position in both the domestic and international markets. 
  • They have a well-established presence in sectors with high growth potential. 
  • The company's strong management team, with extensive experience, has played a crucial role in guiding SEPC through the most challenging times in the EPC industry.

SEPC Limited Rights Issue 2023 Detail

Issue Open December 6, 2023 - December 18, 2023
Security Name SEPC Limited
Issue Size (Shares) 38,384,615
Issue Size (Amount) ₹49.90 Crores
Issue Price ₹13 per share
Face Value ₹10 per share
Listing At BSE, NSE
Terms of Payment

₹13/- per Rights Equity Share including premium of ₹ 3/- per Rights Equity Share shall be payable on Application.

Entitlement 1 Rights Equity Share(s) for every 36 fully paid-up Equity Shares held on Record Date

SEPC Limited Rights Issue 2023 Issue Timetable

Last Date to buy sharesNovember 24, 2023
Record Date November 28, 2023
Credit of Rights Entitlements
Bid/Offer Opens On December 6, 2023
Renunciation of Rights Entitlements December 12, 2023
Bid/Offer Closes On December 18, 2023
Deemed Date of Allotment December 22, 2023
Credit Date December 27, 2023
Listing Date December 29, 2023

Company Financials

SEPC Limited Financial Information (Restated Consolidated)

SEPC Limited's revenue increased by 17.11% and profit after tax (PAT) rose by 98.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets2,001.822,223.222,416.29
Revenue398.88340.59606.14
Profit After Tax-4.90-263.70-179.47
Net Worth1,088.09739.471,005.11
Reserves and Surplus-237.96-227.1721.84
Total Borrowing405.83978.27835.89
Amount in ₹ Crore

Objects of the Issue:

The company proposes to utilize the net proceeds from the issue towards funding the following objects:

➢ To augment the existing and incremental working capital requirement of our Company; and

➢ General Corporate Purposes.

SEPC Limited Rights Issue 2023 Subscription Status

SEPC Limited Rights Issue 2023 got oversubscribed by 5.52 times by the end of the bidding period with total bid quantity received by BSE and NSE of 211,767,092 shares.

SEPC Limited Rights Issue 2023 Documents

SEPC Limited Rights Issue 2023 Rating

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SEPC Limited Rights Issue 2023 Reviews

Company Contact Information

SEPC Limited
4th Floor, Bascon Futura SV
IT Park Venkatanarayana Road
Parthasarathy Puram, T. Nagar Chennai, 600 017

Phone: +91 44 4900 5555
Email: info@sepc.in
Website: http://www.shriramepc.com/

SEPC Limited Rights Issue 2023 Registrar

  1. Cameo Corporate Services Limited
    Phone: +91-44-28460390
    Email: rights@cameoindia.com
    Website: https://ipo.cameoindia.com/

SEPC Limited Rights Issue 2023 Lead Manager(s)

SEPC Limited Rights Issue 2023 FAQs

The SEPC Limited Rights Issue 2023 opens on December 6, 2023, and closes on December 18, 2023.

SEPC Limited Rights Issue 2023 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsDecember 12, 2023
Issue Opening DateDecember 6, 2023
Issue Closing DateDecember 18, 2023
Date of Allotment (on or about)December 22, 2023
Date of Credit (on or about)December 27, 2023
Date of Listing (on or about)December 29, 2023

SEPC Limited Rights Issue 2023 price is set at ₹13 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 36 fully paid-up Equity Shares held on Record Date (November 28, 2023).

The record date for the SEPC Limited Rights Issue 2023 is November 28, 2023.

The issue size of SEPC Limited Rights Issue 2023 is of 38,384,615 equity shares at ₹13 per share aggregating upto ₹49.90 Crores.

The Letter of Offer for SEPC Limited Rights Issue 2023 can be download here.

You can apply for SEPC Limited Rights Issue 2023 in two ways:

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

Steps to apply for SEPC Limited 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 SEPC Limited Rights Issue 2023 available on the list.
  4. Click the Apply button next to the SEPC Limited Rights Issue 2023.
  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 SEPC Limited Rights Issue 2023 using Registrar's website (R-WAP)

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

Compare rights issues with SEPC Limited Rights Issue 2023