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SEPC Limited Rights Issue (SEPC Rights Issue June 2024) Detail

July 5, 2024 - July 19, 2024
SEPC Limited Logo

Established in 2000, Shriram EPC Limited (SEPC) is an end-to-end engineering, procurement, and construction (EPC) solutions provider offering multidisciplinary services and project management solutions.

SEPC Limited stands for "Solution Engineering Procurement Construction" and focuses on providing turnkey solutions in two main business areas:
1. Infrastructure, including water and wastewater utilities, and road construction.
2. Process and metallurgy, including process plants, steel mills, mine development, and power plants.

The company is an ISO 9001-2015 QMS DAkkS, ISO 9001-2015 QMS NABCB, ISO 45001-2018 DAkkS, and ISO 14001- 2015 EMS DAkkS certified engineering, procurement, and construction company.

The company's core competencies lie in the following areas:

  • SEPC's expertise in providing world-class design and engineering solutions has helped the company achieve a prominent position in the national and international markets.
  • The company is well established in sectors with high growth potential.
  • The company's strong management team with its extensive experience has played a crucial role in guiding SEPC through the most challenging times in the EPC industry.

SEPC Rights Issue June 2024 Detail

Issue Open July 5, 2024 - July 19, 2024
Security Name SEPC Limited
Issue Size (Shares) 153,846,153
Issue Size (Amount) ₹200.00 Crores
Issue Price ₹13 per share
Face Value ₹10 per share
Listing At BSE, NSE
Terms of Payment
Entitlement 6 Rights Equity Share(s) for every 55 fully paid-up Equity Shares held on Record Date

SEPC Rights Issue June 2024 Issue Timetable

Last Date to buy sharesJune 24, 2024
Record Date June 25, 2024
Credit of Rights Entitlements
Bid/Offer Opens On July 5, 2024
Renunciation of Rights Entitlements July 12, 2024
Bid/Offer Closes On July 19, 2024
Deemed Date of Allotment July 24, 2024
Credit Date July 29, 2024
Listing Date July 31, 2024

Company Financials

SEPC Limited Financial Information (Restated Consolidated)

SEPC Limited's revenue increased by 52.23% and profit after tax (PAT) rose by 564.61% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,209.302,001.822,223.22
Revenue607.21398.88340.59
Profit After Tax22.78-4.90-263.70
Net Worth1,211.891,088.09739.47
Total Borrowing452.14405.83978.27
Amount in ₹ Crore

Objects of the Issue:

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

  1. Repayment/Pre-payment, in full or part, of certain borrowings availed by the Company;
  2. To augment the existing and incremental working capital requirement of the Company; and
  3. General Corporate Purposes.

SEPC Rights Issue June 2024 Subscription Status

SEPC Rights Issue June 2024 got oversubscribed by 2.1 times by the end of the bidding period with total bid quantity received by BSE and NSE of 322,314,271 shares.

SEPC Rights Issue June 2024 Documents

SEPC Rights Issue June 2024 Rating

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SEPC Rights Issue June 2024 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 Rights Issue June 2024 Registrar

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

SEPC Rights Issue June 2024 Lead Manager(s)

SEPC Rights Issue June 2024 FAQs

The SEPC Rights Issue June 2024 opens on July 5, 2024, and closes on July 19, 2024.

SEPC Rights Issue June 2024 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsJuly 12, 2024
Issue Opening DateJuly 5, 2024
Issue Closing DateJuly 19, 2024
Date of Allotment (on or about)July 24, 2024
Date of Credit (on or about)July 29, 2024
Date of Listing (on or about)July 31, 2024

SEPC Rights Issue June 2024 price is set at ₹13 per share per equity share.

The eligible shareholders are being offered 6 Rights Equity Share(s) for every 55 fully paid-up Equity Shares held on Record Date (June 25, 2024).

The record date for the SEPC Rights Issue June 2024 is June 25, 2024.

The issue size of SEPC Rights Issue June 2024 is of 153,846,153 equity shares at ₹13 per share aggregating upto ₹200.00 Crores.

The Letter of Offer for SEPC Rights Issue June 2024 can be download here.

You can apply for SEPC Rights Issue June 2024 in two ways:

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

Steps to apply for SEPC Rights Issue June 2024 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 Rights Issue June 2024 available on the list.
  4. Click the Apply button next to the SEPC Rights Issue June 2024.
  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 Rights Issue June 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select SEPC Rights Issue June 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. Murthy   I Like It. |Report Abuse|  Link|June 20, 2024 7:15:44 PMReply
Draft letter of offer
https://www.bseindia.com/corporates/download/9620/Rights/SEPCDLOFFinalVersion_20240418161550.pdf

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