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Shivam Autotech Limited Rights Issue (Shivam Autotech Rights Issue) Detail

Dec 31, 2021 - Jan 28, 2022
Shivam Autotech Limited Logo

Shivam Autotech is primarily engaged in the manufacturing of transmission gears and shafts. The company manufactures a range of auto components and accessories including transmission gears, transmission shafts, alternator components, starter motor components, magneto components, and steering components.
The company is an IATF 16949:2016, ISO 45001:2018 & ISO 14001:2015 certified for the manufacture of forged, machined, and heat-treated components. The company also holds the AS 9100- Rev D certification, which makes the company eligible for supplying to all aerospace industries.
The Company has 4 manufacturing plants located at Gurgaon, Haridwar, Bengaluru, and Rohtak.

Shivam Autotech Rights Issue Detail

Issue Open Dec 31, 2021 - Jan 28, 2022
Security Name Shivam Autotech Limited
Issue Size (Shares) 2.22 Crores
Issue Size (Amount) ₹40.00 Crores
Issue Price ₹18 per share
Face Value ₹2 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE, NSE
Terms of Payment The entire amount of the issue price of Rs. 18/- per rights equity share is payable at the time of application.
Entitlement 2 rights equity shares for every 9 equity shares held on the record date

Shivam Autotech Rights Issue Issue Timetable

Bid/Offer Opens On Dec 31, 2021
Bid/Offer Closes On Jan 28, 2022
Record Date Dec 10, 2021
Deemed Date of Allotment Feb 4, 2022
Renunciation of Rights Entitlements Jan 21, 2022

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 7,344.11 7,243.23
Total Income 4,909.28 5,888.76
Profit After Tax - 225.25 - 371.34

Objects of the Issue:

  • Augmenting working capital requirements of the company
  • Adjustment of unsecured loans; and
  • General corporate purposes.

Shivam Autotech Rights Issue Documents

Shivam Autotech Rights Issue Rating

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Shivam Autotech Rights Issue Reviews

Company Contact Information

Shivam Autotech Limited
10, 1st Floor, Tower A, Emaar Digital Greens,
Sector - 61, Golf Course Extension Road,
Gurugram, Haryana-122102, India

Phone: 0124-4698700
Email: info@shivamautotech.com
Website: http://www.shivamautotech.com/

Shivam Autotech Rights Issue Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: http://www.bigshareonline.com

Shivam Autotech Rights Issue Lead Manager(s)

Shivam Autotech Rights Issue FAQs

The Shivam Autotech Rights Issue opens on Dec 31, 2021, and closes on Jan 28, 2022.

Shivam Autotech Rights Issue Schedule

Last Date for credit of Rights EntitlementsDec 30, 2021
Last Date for renunciation of Rights EntitlementsJan 21, 2022
Issue Opening DateDec 31, 2021
Issue Closing DateJan 28, 2022
Date of Allotment (on or about)Feb 4, 2022
Date of Credit (on or about)Feb 8, 2022
Date of Listing (on or about)Feb 10, 2022

Shivam Autotech Rights Issue price is set at ₹18 per share per equity share.

The eligible shareholders are being offered 2 rights equity shares for every 9 equity shares held on the record date (Dec 10, 2021).

The record date for the Shivam Autotech Rights Issue is Dec 10, 2021.

The issue size of Shivam Autotech Rights Issue is of 2.22 Crores equity shares at ₹18 per share aggregating upto ₹40.00 Crores.

The Letter of Offer for Shivam Autotech Rights Issue can be download here.

You can apply for Shivam Autotech Rights Issue in two ways:

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

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

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

4 Comments

4. Prasad Singh dpcl not found error showing  Jan 22, 2022 12:01:10 PM I Like It. | Report Abuse Reply
Unable to apply for right issue
3. Krishna Mohan  Jan 11, 2022 3:54:27 PM I Like It. | Report Abuse Reply
I have Shivam-re shares, but I don't have shivam auto shares, how to sel them? Not able to sell them in the market. Please advice
3.1. Rishant  Jan 14, 2022 12:07:42 PM I Like It. | Report Abuse
If you are unable to sell then you have to buy right issue of the share for no of re holder in your demat to avoid complete loss in premium paid to purchase right entitlement
2. Siva  Jan 12, 2022 2:24:27 PM I Like It. | Report Abuse Reply
What is the issue going on this company. Anyone please advise. I have bought this share at $80 now i could not able to sell that in market. how it will get normal price. How the company split the share.
1. ANUJ TRIVEDI  Dec 31, 2021 9:05:27 AM I Like It. | Report Abuse Reply
Agar shivem re aaj sold karu to right issue me participate kar sakta ju
1.1. dineshchandra agrawal  Dec 31, 2021 4:51:17 PM I Like It. | Report Abuse
yes