Sru Steels Rights Issue 2024 Date, Price, Allotment, Ratio

Sru Steels Rights issue date is fixed, the rights issue is to open on September 9 and will close on September 24, 2024. The Sru Steels Rights issue record date is September 31, 2024. The company is to offer 47,951,400 equity shares at a price of ₹10 per share. The Sru Steels Rights issue size will be ₹47.95 Crores. The entitlement ratio is 4:1, 4 rights share for every 1 fully-paid equity shares held on the record date. Check out Sru Steels rights issue details.

SRU STEELS Limited is a multi-product trading organization in the realm of iron, steel and alloys. This trade involves selling various forms of steel products and acting as an intermediary in other industrial metals. They sell a range of iron, steel, aluminum, graphite and epoxy coatings to corporate clients who fabricate or manufacture. The company also franchises Jindal Steel & Power Limited in addition to making commission-based sales. With an expected growth in infrastructure and housing projects underway, the company plans to expand its distribution model by incorporating direct sales to customers. Furthermore, it aims to get contracts for the supply and fitting of aluminum windows to further widen its services.

Sru Steels Rights Issue Review

  • Avoid / Risky

Sru Steels Rights Issue 2024 Dates & Time Table

Rights Issue Open:September 9, 2024
Rights Issue Close:September 24, 2024
Last Date to Buy Shares:August 29, 2024
Rights Record Date:August 31, 2024
Deemed Date of AllotmentSeptember 28, 2024
Renunciation of Rights EntitlementsSeptember 18, 2024

Sru Steels Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹47.95 Crores
Price Band:₹10 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 4:1 (4 rights share for every 1 shares)
Equity:47,951,400 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Sru Steels Rights Issue 2024 Form & How to Apply

You can apply for Sru Steels Rights Issue 2024 in two ways:

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

Sru Steels Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹15.05₹14.74₹0.23
2023₹16.72₹15.770.70
2024₹18.32₹17.88₹0.32

Sru Steels Rights Issue 2024 Allotment Status

Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: [email protected]
Website: http://www.beetalmail.com/smeipo

Sru Steels Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Sru Steels Ltd.
107/22, Gali No 3
East, Azad Nagar
Delhi-110051
Phone: 919926620020
Email: [email protected]
Website: http://srusteels.in/

Sru Steels Rights Issue 2024 FAQs:


When is Sru Steels Rights Issue 2024 Record Date?

Sru Steels Rights Issue 2024 record date is August 31, 2024.

What is Sru Steels Rights Issue 2024 Price?

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

What is the Sru Steels Rights Issue 2024 Ratio?

The company has fixed the ratio (4:1), 4 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Sru Steels Rights Rights Issue 2024?

As per the record date you need to have Sru Steels 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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