Shiva Cement Rights Issue 2024 Date, Price, Allotment, Ratio

Shiva Cement Rights issue date is fixed, the rights issue is to open on April 22, 2024 and will close on May 06, 2024. Shiva Cement Right issue record date is April 3, 2024. The company is to offer 100,000,000 equity shares at a price of ₹40 per share. Shiva Cement Rights issue size will be ₹400 Crores. The entitlement ratio is 20:39, 20 rights share for every 39 fully-paid equity shares held on the record date. Check out Shiva Cement rights issue details.

Shiva Cement Rights Issue 2024

Shiva Cement, an integral entity within the cement industry’s hierarchy, currently aligns with the revered JSW Group. Initiating its journey in Odisha in 1985, the company is on an expansion quest to address the evolving prospects within Eastern India’s market sphere. Its endeavors are bolstered by an ample supply of raw materials, strategic market proximity, and a steadfast commitment to eco-friendly expansion.

Shiva Cement Rights Issue Review

  • NA

Shiva Cement Rights Issue 2024 Dates & Time Table

Rights Issue Open:April 22, 2024
Rights Issue Close:May 6, 2024
Rights Record Date:April 3, 2024
Deemed Date of AllotmentMay 10, 2024
Renunciation of Rights EntitlementsApril 30, 2024

Shiva Cement Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹400 Crores
Price Band:₹40 Per Equity Share
Face Value:₹2 Per Equity Share
Listing on:BSE
Entitlement Ratio: 20:39 (20 rights share for every 39 shares)
Equity:100,000,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Shiva Cement Rights Issue 2024 Form & How to Apply

You can apply for Shiva Cement Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Shiva Cement Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹7.27₹43.78₹25.52
2023₹3.47₹112.12₹80.47

Shiva Cement Rights Issue 2024 Allotment Status

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Check Shiva Cement Rights issue on Kfin Technologies website allotment URL. Click Here

Shiva Cement Rights Issue 2024 Lead Managers

  • Jm Financial Limited

Company Address:

Shiva Cement Ltd.
Village Telighana,
Birangatoli,
Kutra, Sundargarh – 770 018
Phone: +91 661 246 1300
Email: [email protected]
Website: http://www.shivacement.com/

Shiva Cement Rights Issue 2024 FAQs:


When is Shiva Cement Rights Issue 2024 Record Date?

Shiva Cement Rights Issue 2024 record date is April 3, 2024.

What is Shiva Cement Rights Issue 2024 Price?

The company has fixed the price at ₹40 per equity share.

What is the Shiva Cement Rights Issue 2024 Ratio?

The company has fixed the ratio (20:39), 20 Rights Equity Share for every 39 Equity Shares as on record date.

How to apply for Shiva Cement Rights Issue 2024?

As per the record date you need to have Shiva Cement 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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