Davangere Sugar Rights Issue 2022 Date, Price, Allotment & Ratio

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Davangere Sugar Rights issue date is to start on June 16 and will close on June 30. The Davangere Sugar Rights issue record date is May 27, 2022. The entitlement ratio is 69:100, 69 right shares for every 100 fully-paid equity shares held on the record date. Check out Davangere Sugar rights issue details.

Incorporated in 1970, Davangere Sugar Company Limited (DSCL) is a manufacturer of sugar and sugar products. The company is located in Kukkuvada village, 15kms away from Davangere city, Karnataka state. They have a present capacity of the sugar plant is 5,000 TCD. The capacity of the sugar plant expanded from 3500 TCD to 5000 TCD in the year 2012. The total sugar unit buildings covers an area of about 2,83,874 Sq.fts. Three big go-down facilities are in existence for storage of sugar with a capacity to store 1,00,000 Qtls to 1,50,000 Qtls. Further two go-downs with a capacity to store 100,000 Qtls and 1,75,000 Qtls of sugar are under construction expected to be completed by June, 2014.

Davangere Sugar

    Davangere Sugar Rights Issue 2022 Dates

     Rights Issue Open: June 16, 2022
     Rights Issue Close: June 30, 2022
     Rights Record Date: May 27, 2022
     Deemed Date of Allotment 2022
     Renunciation of Rights Entitlements June 27, 2022

    Davangere Sugar Rights Issue 2022 Offer Details

     Rights Issue Size: Approx ₹48.00 Crores
     Price Band: ₹12.5 Per Equity Share
     Face Value: ₹10 Per Equity Share
     Listing on: BSE
     Entitlement Ratio:  69:100 (69 rights share for every 100 shares)
     Equity: 3,84,00,000 Equity Share
     Letter of Offer: Click Here
     Application Form: Click Here
     Live Share Price: Click Here

    Davangere Sugar Rights Issue 2022 Form & How to Apply

    How to apply the Davangere Sugar Rights issue? You can check Davangere Sugar Rights issue details on click here. You can apply the Davangere Sugar 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.

    Davangere Sugar Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2021₹148₹136₹2.50
    2022₹124₹109₹5.68

    Davangere Sugar Rights Issue 2022 Allotment Status

    Integrated Registry Management Services Private Limited
    Phone: + 91 44 2814 0801 to 803
    Website: http://www.integratedindia.in/

    Check the Davangere Sugar Rights issue on Integrated website allotment URL. Click Here

    Davangere Sugar Rights Issue 2022 Lead Managers

    • Saffron Capital Advisors Private Limited

      Company Address:

      Davangere Sugar Company Limited
      No. 19, Shivashankar Plaza,
      3rd floor, Richmond Circle,
      Lalbagh Road, Bengaluru – 560 027, Karnataka
      Phone: +91 80 2227 2183
      Website: https://www.davangeresugar.com/

      Davangere Sugar Rights Issue 2022 FAQs:

      When is Davangere Sugar Rights Issue 2022 Record Date?

      Davangere Sugar Rights Issue 2022 record date is June 16, 2022.

      What is Davangere Sugar Rights Issue 2022 Price?

      The company has fixed the price at ₹12.50 per equity share.

      What is the Davangere Sugar Rights Issue 2022 Ratio?

      The company has fixed the ratio (69:100), 69 Rights Equity Share for every 100 Equity Shares as on record date.

      How to apply for Davangere Sugar Rights Issue 2022?

      As per the record date you need to have Davangere Sugar Rights 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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