Sundaram Finance Holdings Limited Rights Issue Details
Sundaram Finance Holdings Limited Announce Right Issue.
Overview
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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