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Incorporated on November 16, 1995. Shangar Decor Limited excels in providing a wide range of decor services.
The company specializes in pre-wedding events, weddings, corporate functions, and exhibitions. Renowned for its creativity and meticulous attention to detail, Shangar Decor has established a strong presence in the Indian event industry. It offers tailored solutions that transform ordinary spaces into unforgettable experiences.
They offer various products like wedding decor, corporate events, government functions, thematic decor and infrastructure projects. The company has 8 full-time employees.
Issue Open | November 8, 2024 - December 6, 2024 |
Security Name | Shangar Decor Ltd |
Issue Size (Shares) | 85,682,800 |
Issue Size (Amount) | ₹49.35 Crores |
Issue Price | ₹5.76 per share |
Face Value | ₹5 per share |
Listing At | BSE |
Terms of Payment | The Issue Price of Rs. 5.76/- per Equity Share shall be payable at the time of application. |
Entitlement | 7 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Last Date to buy shares | October 25, 2024 |
Record Date | October 28, 2024 |
Credit of Rights Entitlements | November 8, 2024 |
Bid/Offer Opens On | November 8, 2024 |
Renunciation of Rights Entitlements | November 29, 2024 |
Bid/Offer Closes On | December 6, 2024 |
Deemed Date of Allotment | December 12, 2024 |
Credit Date | December 19, 2024 |
Listing Date | December 24, 2024 |
Shangar Decor Ltd's revenue increased by 34.41% and profit after tax (PAT) rose by 272.76% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 27.87 | 22.79 | 20.29 |
Revenue | 12.99 | 9.67 | 6.20 |
Profit After Tax | 0.75 | 0.20 | 0.05 |
Net Worth | 7.37 | 6.62 | |
Reserves and Surplus | 1.25 | 0.50 | 0.30 |
Total Borrowing | 8.47 | 9.81 | 6.48 |
Amount in ₹ Crore |
The Company proposes to utilize the net proceeds from the issue towards funding the following objects:
1. Working capital requirement;
2. General Corporate Purpose;
3. To meet Issue Expenses.
Shangar Decor Rights Issue 2024 is subscribed 0 times as on November 12, 2024 5:00:00 PM. The total bid quantity received by BSE is 243,809 shares.
Shangar Decor Ltd
4 Sharad Flats
Opp-Dharnidhar,
Temple, Ahmedabad-380007
Phone: 9825023622
Email: moulinshah@shangardecor.com
Website: https://www.shangardecor.com/index.html
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
The Shangar Decor Rights Issue 2024 opens on November 8, 2024, and closes on December 6, 2024.
Shangar Decor Rights Issue 2024 Schedule
Last Date for credit of Rights Entitlements | November 8, 2024 |
Last Date for renunciation of Rights Entitlements | November 29, 2024 |
Issue Opening Date | November 8, 2024 |
Issue Closing Date | December 6, 2024 |
Date of Allotment (on or about) | December 12, 2024 |
Date of Credit (on or about) | December 19, 2024 |
Date of Listing (on or about) | December 24, 2024 |
Shangar Decor Rights Issue 2024 price is set at ₹5.76 per share per equity share.
The eligible shareholders are being offered 7 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (October 28, 2024).
The record date for the Shangar Decor Rights Issue 2024 is October 28, 2024.
The issue size of Shangar Decor Rights Issue 2024 is of 85,682,800 equity shares at ₹5.76 per share aggregating upto ₹49.35 Crores.
The Letter of Offer for Shangar Decor Rights Issue 2024 can be download here.
You can apply for Shangar Decor Rights Issue 2024 in two ways:
Steps to apply for Shangar Decor Rights Issue 2024 using Net Banking (ASBA)
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 Shangar Decor Rights Issue 2024 using Registrar's website (R-WAP)
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