₹199.75 Crores | Listing at BSE, NSE | Mon, Jun 22, 2026 - Mon, Jul 20, 2026
Sumeet Industries Ltd Rights Issue comprises 16.84 Cr equity shares aggregating to ₹199.75 Cr, offered at an issue price of ₹11.86 per share with a face value of ₹2 per share.
The record date for determining eligible shareholders is Jun 12, 2026, with the Rights Issue being offered in the entitlement ratio of 8:25.
As per the terms of payment, ₹11.86 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 16, 2026.
The Rights Issue opens on Jun 22, 2026 and closes on Jul 20, 2026.
The deemed date of allotment is Jul 21, 2026, following which the equity shares are expected to be credited to demat accounts on Jul 22, 2026 and listed on NSE and BSE on Jul 22, 2026.
Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Sumeet Industries Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Jun 12, 2026
Entitlement Ratio
8 : 25
Open Date
Mon, Jun 22, 2026
Close Date
Mon, Jul 20, 2026
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 10,50,41,510.00 | 10,03,37,050.00 | 9,84,85,690.00 |
| EBITDA | 50.77 | 203.97 | -40.39 |
| NET Worth | 211.89 | 185.21 | 176.69 |
| Reserves and Surplus | 78.62 | 51.94 | -280.33 |
| Amount in ₹ Crore | |||
Incorporated in August 1988, Sumeet Industries Limited is an integrated polyester yarn manufacturer engaged in the production of PET Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY), Polyester Textured Yarn (PTY), and other textile products. The company operates a large-scale manufacturing facility in Surat, Gujarat, with integrated operations covering polymerization, spinning, texturizing, and recycling.
The company serves the textile and apparel industry across India, offering a diversified portfolio of polyester-based products used in weaving, knitting, sizing, and fabric manufacturing applications. Its production capacities include 100,800 TPA of CP Plant, 52,500 TPA of POY, 45,500 TPA of FDY, 5,400 TPA of texturized yarn, and 2,700 TPA of recycled chips.
As of April 2026, Sumeet Industries employed 618 employees and workers, supported by around 314 contract labourers. The company focuses on operational efficiency, backward integration, recycling initiatives, and technology-driven manufacturing to strengthen its position in the polyester yarn industry.
Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To invest in setting up of Solar Power Plant | 22.00 |
| 2 | Repayment and/or prepayment, in full or part, of all or a portion of certain outstanding borrowings availed by the Company, including the interest accrued thereon. | 23.00 |
| 3 | To meet Working Capital Requirements | 100.00 |
| 4 | General Corporate Purposes | 49.90 |
| 5 | Estimated Issue related expenses | 4.85 |
| Total | 199.75 |
Sumeet Industries Ltd
504, Trividh Chambers
5th Floor, Opp. Fire Brigade Station
Ring Road
Surat, 395002
The Sumeet Industries Rights Issue June 2026 opens on Mon, Jun 22, 2026, and closes on Mon, Jul 20, 2026.
Sumeet Industries Rights Issue June 2026 Schedule
| Last Date for credit of Rights Entitlements | Tue, Jun 16, 2026 |
| Last Date for renunciation of Rights Entitlements | Thu, Jul 16, 2026 |
| Issue Opening Date | Mon, Jun 22, 2026 |
| Issue Closing Date | Mon, Jul 20, 2026 |
| Date of Allotment (on or about) | Tue, Jul 21, 2026 |
| Date of Credit (on or about) | Wed, Jul 22, 2026 |
| Date of Listing (on or about) | Wed, Jul 22, 2026 |
You can apply for Sumeet Industries Rights Issue June 2026 in two ways:
Steps to apply for Sumeet Industries Rights Issue June 2026 using Net Banking (ASBA)
Steps to apply for Sumeet Industries Rights Issue June 2026 using Registrar's website (R-WAP)
