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Incorporated in 1987, Shree Rama Multi-Tech Limited provides primary packaging solutions for oral care, pharmaceuticals, cosmetics, and fast-moving consumer goods (FMCG) sectors.
The company manufactures packaging products such as laminated tubes ("Lami Tubes"), tube laminates, and flexible laminates.
Shree Rama Multi-Tech Limited's manufacturing facility is located in Moti Bhoyan, Dist. Gandhinagar, Gujarat, and has a capacity to manufacture Lami Tubes of 9,574 Lakhs Nos. per annum and laminates (tube & flexible) of 15,000 metric tons per annum.
The company's client list consist of medium and large scale manufacturers of oral care, pharmaceuticals, cosmetics and FMCG products, and are situated in India as well as overseas in the countries like Belarus, Bulgaria, Indonesia, Nepal, Saudi Arabia, Singapore, Switzerland, Shri Lanka, Slovenia, Tanzania, Tunisia, UAE, USA etc.
Issue Open | June 12, 2023 - June 26, 2023 |
Security Name | Shree Rama Multi-Tech Limited |
Issue Size (Shares) | 70,000,000 |
Issue Size (Amount) | ₹63.00 Crores |
Issue Price | ₹9 per share |
Face Value | ₹5 per share |
Listing At | BSE, NSE |
Terms of Payment | The full amount of the Issue Price being ₹ 9 will be payable on application. |
Entitlement | 11 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
Last Date to buy shares | May 29, 2023 |
Record Date | May 30, 2023 |
Credit of Rights Entitlements | |
Bid/Offer Opens On | June 12, 2023 |
Renunciation of Rights Entitlements | June 21, 2023 |
Bid/Offer Closes On | June 26, 2023 |
Deemed Date of Allotment | July 10, 2023 |
Credit Date | July 12, 2023 |
Listing Date | July 13, 2023 |
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
---|---|---|---|---|---|
31-Mar-20 | 120.82 | 131.00 | 21.06 | 24.25 | |
31-Mar-21 | 115.79 | 136.00 | 3.43 | 27.87 | -3.50 |
31-Mar-22 | 124.50 | 150.74 | -4.92 | 23.11 | -8.25 |
Amount in ₹ Crore |
The company intends to utilize the net proceeds raised through the issue towards the following objects:
a. Repayment of certain outstanding borrowings including redemption of non-convertible debentures; and
b. General corporate purposes.
Shree Rama Multi-Tech Limited
18, Corporate House,
Opp. Dinesh Hall,
Navrangpura, Ahmedabad – 380 009
Phone: +91 79 2754 6800
Email: cslegal@srmtl.com
Website: http://www.srmtl.com
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: srmtl.rights@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
The Shree Rama Multi-Tech Rights Issue 2023 opens on June 12, 2023, and closes on June 26, 2023.
Shree Rama Multi-Tech Rights Issue 2023 Schedule
Last Date for credit of Rights Entitlements | |
Last Date for renunciation of Rights Entitlements | June 21, 2023 |
Issue Opening Date | June 12, 2023 |
Issue Closing Date | June 26, 2023 |
Date of Allotment (on or about) | July 10, 2023 |
Date of Credit (on or about) | July 12, 2023 |
Date of Listing (on or about) | July 13, 2023 |
Shree Rama Multi-Tech Rights Issue 2023 price is set at ₹9 per share per equity share.
The eligible shareholders are being offered 11 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date (May 30, 2023).
The record date for the Shree Rama Multi-Tech Rights Issue 2023 is May 30, 2023.
The issue size of Shree Rama Multi-Tech Rights Issue 2023 is of 70,000,000 equity shares at ₹9 per share aggregating upto ₹63.00 Crores.
The Letter of Offer for Shree Rama Multi-Tech Rights Issue 2023 can be download here.
You can apply for Shree Rama Multi-Tech Rights Issue 2023 in two ways:
Steps to apply for Shree Rama Multi-Tech Rights Issue 2023 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 Shree Rama Multi-Tech Rights Issue 2023 using Registrar's website (R-WAP)
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