Sandur Manganese Rights Issue 2022 Date, Price, Form, Allotment & Ratio

IPO Initial Public Offerings

Sandur Manganese rights issue date is fixed, The right issue is to open on August 8 and will close on August 29. The Sandur Manganese rights issue record date is July 27, 2022. The entitlement ratio is 2:1, 2 right shares for every 1 fully-paid equity shares held on the record date. Check out Sandur Manganese’s rights issue details.

Sandur Manganese and Iron Ores Ltd. are one of India’s most integral diversified and integrated commodity producers. They are engaged in mining manganese and iron ores in the Deogiri village of Sandur taluk, Bellary District, Karnataka. Its segments consist of mining, ferroalloys, coke, and energy. Their businesses have since expanded to cover mining, downstream facilities of ferroalloy & power, solar power, and hospitality.

Sandur Manganese
 

    Sandur Manganese Rights Issue 2022 Dates

     Rights Issue Open: August 8, 2022
     Rights Issue Close: August 29, 2022
     Rights Record Date: July 27, 2022
     Deemed Date of Allotment September 7, 2022
     Renunciation of Rights Entitlements August 23, 2022

    Sandur Manganese Rights Issue 2022 Offer Details

     Rights Issue Size: Approx ₹18 Crores 
     Price Band: ₹10 Per Equity Share
     Face Value: ₹10 Per Equity Share
     Listing on: BSE & NSE
     Entitlement Ratio:  2:1 (2 rights share for every 1 shares)
     Equity: 1,80,03,882 Equity Share
     Live Share Price: Click Here

    Sandur Manganese Rights Issue Form & How to Apply

    How to apply the Sandur Manganese rights issue? You can check Sandur Manganese rights issue details on click here. You can apply the Sandur Manganese rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.

    Sandur Manganese Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2019₹720₹493142.42
    2020₹597₹403147.39
    2021₹764₹488153.93

    Quick Links

    Sandur Manganese Rights Issue Allotment Status

    To be updated soon
    Check Sandur Manganese issue on – the website allotment URL. Click Here 

    Sandur Manganese Rights Issue Lead Managers

    • Finshore Management Services Limited

    Company Address:

    The Sandur Manganese & Iron Ores Limited
    “SATYALAYA” Door No.266 (Old No.80),
    Ward No. 1, Behind Taluk Office,
    Sandur – 583 119 Ballari District
    Phone: +91 9448497985
    Website: https://www.sandurgroup.com/

    Sandur Manganese Rights Issue FAQs:

    When is Sandur Manganese Rights Issue 2022 Record Date? 

    Sandur Manganese Rights Issue 2022 record date is July 27, 2022.
    What is Sandur Manganese Rights Issue 2022 Price?  

    The company has fixed the price at ₹10 per equity share. 

    What is the Sandur Manganese Rights Issue 2022 Ratio? 

    The company has fixed the ratio 2:1, 2 Rights Equity Share for every 1 Equity Shares as on record date. 

    How to apply for Sandur Manganese Rights Issue 2022? 

    As per the record date you need to have Sandur Manganese shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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