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Suzlon Energy Ltd Rights Issue (Suzlon Energy Rights Issue 2022) Detail

October 11, 2022 - October 20, 2022
Suzlon Energy Ltd Logo

Suzlon Energy Limited is among the world's leading renewable energy solutions provider in India. The company has Presence in 17 countries across Asia, Australia, Europe, Africa and the Americas. Suzlon Group has over 1900+ customers globally. The company has a capacity of 19,441+ MW wind energy Installations.

The company offers services such as solar-wind hybrid energy solution provider, Wind Resource Assessment, Wind Park Delivery Process, Land Sourcing and Approvals, Infrastructure Development, Installation & Commissioning / Erection, Testing & Commissioning, Supply Chain Management, and Research and Development.

Suzlon Energy Rights Issue 2022 Detail

Issue Open October 11, 2022 - October 20, 2022
Security Name Suzlon Energy Ltd
Issue Size (Shares) 2,400,000,000
Issue Size (Amount) ₹1,200.00 Crores
Issue Price ₹5 per share
Face Value ₹2 per share
Listing At BSE, NSE
Terms of Payment

The amount of Rs. 2.50 per share has to be paid at the time of Application and Rs. 2.50 per share On subsequent calls.

Entitlement 5 Equity Shares for every 21 Equity Shares held on the Record Date

Suzlon Energy Rights Issue 2022 Issue Timetable

Record Date October 4, 2022
Credit of Rights Entitlements October 10, 2022
Bid/Offer Opens On October 11, 2022
Renunciation of Rights Entitlements October 14, 2022
Bid/Offer Closes On October 20, 2022
Deemed Date of Allotment October 31, 2022
Credit Date November 1, 2022
Listing Date November 3, 2022

Company Financials

Suzlon Energy Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-216601.093365.59100.34
31-Mar-226474.866603.97-166.19
Amount in ₹ Crore

Objects of the Issue:

The proposed utilization of the Net Proceeds by the Company are following:

1. Repayment or pre-payment of a portion of certain outstanding borrowings availed by the Company and its Subsidiaries.

2. General corporate purposes

Suzlon Energy Rights Issue 2022 Documents

Suzlon Energy Rights Issue 2022 Rating

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Suzlon Energy Rights Issue 2022 Reviews

Company Contact Information

Suzlon Energy Ltd
Suzlon House,
5 Shrimali Society, Navrangpura,
Ahmedabad 380009

Phone: +91-79-660 45000
Email: investors@suzlon.com
Website: https://www.suzlon.com/

Suzlon Energy Rights Issue 2022 Registrar

  1. Kfin Technologies Limited
    Phone: 04067162222, 04079611000
    Email: suzlon.rights@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

Suzlon Energy Rights Issue 2022 Lead Manager(s)

Suzlon Energy Rights Issue 2022 FAQs

The Suzlon Energy Rights Issue 2022 opens on October 11, 2022, and closes on October 20, 2022.

Suzlon Energy Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsOctober 10, 2022
Last Date for renunciation of Rights EntitlementsOctober 14, 2022
Issue Opening DateOctober 11, 2022
Issue Closing DateOctober 20, 2022
Date of Allotment (on or about)October 31, 2022
Date of Credit (on or about)November 1, 2022
Date of Listing (on or about)November 3, 2022

Suzlon Energy Rights Issue 2022 price is set at ₹5 per share per equity share.

The eligible shareholders are being offered 5 Equity Shares for every 21 Equity Shares held on the Record Date (October 4, 2022).

The record date for the Suzlon Energy Rights Issue 2022 is October 4, 2022.

The issue size of Suzlon Energy Rights Issue 2022 is of 2,400,000,000 equity shares at ₹5 per share aggregating upto ₹1,200.00 Crores.

The Letter of Offer for Suzlon Energy Rights Issue 2022 can be download here.

You can apply for Suzlon Energy Rights Issue 2022 in two ways:

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

Steps to apply for Suzlon Energy Rights Issue 2022 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 Suzlon Energy Rights Issue 2022 available on the list.
  4. Click the Apply button next to the Suzlon Energy Rights Issue 2022.
  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 Suzlon Energy Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Suzlon Energy Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

109 Comments

109. BHAVNA MODHA     Link|January 15, 2024 1:39:13 PM
suzlon share right issue are not yet reflected in the trading account . what to do now ? guide me
payment transaction reference no : YHDF2166426855
Application No: 103018/07/9012
payment amount : 75,481.50
108. Sridhar     Link|November 3, 2023 2:26:48 PM
Has any Second call or final payment call. for rights issue given..... If not, any probable date.....
107. Paresh Bhanushali     Link|July 14, 2023 12:34:27 PM
Same here . suzlon share right issue are not yet reflected in the trading account . what to do now ?
106. Ali Mohsin     Link|June 9, 2023 10:13:36 AM
Please provide the email of registrar of rights issue
105. Ali Mohsin     Link|June 9, 2023 10:08:55 AM
Still the rights issue share not reflecting in Trading Account
104. PY     Link|April 7, 2023 9:58:22 PM
Fully shares Credited on 07.04.2023 as per CDSL mail. Will be reflected in DEMAT ACCOUNT in next trading day.
103. Shiv     Link|March 14, 2023 9:11:50 AM
Hi, date already announced please check your mails.
102. Vijay Kumar     Link|November 7, 2022 12:08:05 PM
Hi I buy suzlon re 5423shear but not showing my portfolio
Mujhe pehle suzlon re ke 700 stock mila tha fir mane sale kare than fir buy kare GROWW se ab mujhe mere portfolio pe show nai horra way
102.1. Shiv     Link|November 7, 2022 1:38:34 PM
@Vijay Kumar Hi, if you have bought RE and do not file RE-issue share till 20th Oct 2022 by net banking or any other process (for which you have already gotten an e-mail) then it has lapsed. ab ye aapke account me nhi aayenge.. aap ek bar chahe to grow app k customer care me baat kr skte ho. kyoki ye aapo apply krna that 20 October tak.
102.2. SALOT FENIL     Link|February 15, 2023 4:05:50 PM
SECOND RIGHT ISSUE DATE KUCH IDEA SIR??
101. PK   I Like It. 1|  Link|November 9, 2022 8:11:33 PM
You will be informed for 2nd instalment of 2.5rs per share. It will take a few weeks/months.
101.7. Amol     Link|November 28, 2022 5:26:04 PM
any update?
101.8. Shujit   I Like It. 1|  Link|December 21, 2022 9:11:05 AM
Whats going on Suzlon? Still no communication about remaining 2.5 Rs
100. Carolyne     Link|November 11, 2022 3:38:18 PM
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(cybergenieintercontinental@proton.me) WA(+1-252-512-0391)
99. Kishore Kumar     Link|November 11, 2022 12:04:59 PM
I applied for suzlon Right issue , still it is not credited .What to do .
Raised compalint on zerodha as well.
98. Foram Bhanushali     Link|November 10, 2022 9:26:13 AM
Hi I buy 3000 share buy thare is no information about this share when the share is allotted
97. Foram Bhanushali     Link|November 10, 2022 9:25:21 AM
Hi I buy 3000 share buy thare is no information about this share when the share is allotted
96. PK     Link|November 8, 2022 6:10:26 AM
Check your portfolio Suzlon PP Shares are credited yesterday on 7th Nov 2022.
If not credited ask your broker.
96.1. NarenGoud     Link|November 9, 2022 9:18:04 AM
@PK
what is the next step?
95. Rohit     Link|November 9, 2022 7:47:12 AM
When to pay remaining amount and when suzlon shares in a single script bcs currently its showing as Suzlon & Suzlon RE , any idea --- pls help
94. BPK     Link|November 8, 2022 8:22:06 PM
what is the next step once got the Suzlon PP shares credited ?
93. Shabir     Link|November 7, 2022 9:28:26 PM
Sir I had 4000 thousand shares which became zero but the money should come back or not.
92. Shabir     Link|November 7, 2022 9:26:01 PM
Sir when did paisa returns happen
91. Shabir     Link|November 7, 2022 9:24:17 PM
Sir it is wrong nor I have also become 4000 zeros
90. Ishwar Dayal     Link|November 7, 2022 8:07:54 PM
Pls. Help how and when to pay remained payment @2.5/- for suzlon energy right issue.

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