Sundaram Finance Holdings Limited Rights Issue Details

Sundaram Finance Holdings Limited Rights Issue Details, financials, key dates , all you need to know.

Sundaram Finance Holdings Limited Announce Right Issue.

Sundaram Finance Holdings Limited Rights Issue


Overview

Sundaram Finance Holdings Limited logo

Sundaram Finance Holdings Limited was incorporated on 13th October 1993. It is a Public Limited Company located in Chennai. 

The Company was a wholly owned subsidiary of Sundaram Finance Limited (SFL) with the main object of engaging in the business of investments of all types, including investments in financial services enablers, ‘Fin-tech’ investments and ‘small start-up type’ (incubator) investments.

Objective of Sundaram Finance Holdings Right Issue

  • Acquisition of additional shareholding in Brakes India Private Limited (BIPL) from ZF International UK Limited (ZF)
  • General corporate purposes.

Details of Right Issue

Script Name hdfcbank
Issue Size ₹355 Cr
Issue Price ₹50 per share
Face Value ₹5 per share
Market Lot 1 share
No of Shares 7.10 Shares
Listing at NSE

Terms of Payment:-

The full amount of Rs.50 per Rights Equity Share is payable on Application.

Entitlement:-

23 Rights Equity Share for every 49 Equity Shares held on the Record Date

Key Dates

Bid open on 06 May 2021
Bid close on 02 June 2021
Record Date 27 Apr 2021
Allotment 10 June 2021
Renunciation of
Right issue
28 May 2021

Company Financials

Quarter FY-2020 FY-2019 FY-2018 FY-2017
Total Revenue 98.47 Cr 102.65 Cr 71.65 Cr 4.84 Cr
EBITDA 36.10 Cr 43.04 Cr 24.09 Cr 0.80 Cr
Net Profit 78.13 Cr 137.44 Cr 129.66 Cr 0.48 Cr

Documents of Rights Issue

Sundaram Finance Holdings Limited Rights Issue Documents

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Company Contact Details

SUNDARAM FINANCE HOLDINGS LIMITED
21, Patullos Road, Chennai - 600 002, Tamil Nadu, India

Tel No.: +91 44 2852 1181
Website: www.sundaramholdings.in
Email: [email protected]


Registrar of Rights Issue

Cameo Corporate Services Limited
Subramanian Building, No.1, Club House Road, Chennai 600 002, Tamil Nadu, India

Tel No.: +91 44 2846 0390
Website: www.cameoindia.com
Email: [email protected]


Lead Manager of Rights Issue

JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg, Prabhadevi
Mumbai 400 025, Maharashtra, India

Tel No.: +91 (22) 6630 3030
Website: www.jmfl.com
Email: [email protected]


Frequently Asked Questions

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Conclusion

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