Right Issue - Historical
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SPARC ELECTREX LTD
Security TypeEquity
Issue Period14 Mar 2023 to 12 Apr 2023
Issue Size – No.of Shares1,46,67,000
Face Value10.00
Price (Inclusive of Premium)19.00
(Rs.4.75/- per Right Equity Share payable on application)
Market Lot1
LTP19.04
RegistrarLINK INTIME INDIA PRIVATE LIMITED
Letter of offer Click Here
Application FormClick Here
Abridged letterClick Here
NotesIssue of up to 1,46,67,000 Partly Paid-up Equity Shares of Face Value of Rs. 10/- each (Rights Equity Shares) of the Company for cash at a price of Rs. 19/- per Rights Equity Share, aggregating up to Rs. 27,86,73,000 on a rights basis to the eligible equity shareholders of the company in the ratio of 3 Rights Equity Shares for every 1 Equity Shares held by the eligible equity shareholders on the record date, that is, February 28, 2023 to be paid to the extent of 25% of the Issue price i.e. Rs 4.75/- along with the application and the balance amount will be payable by the Rights Equity Shareholders on one or more subsequent calls of Rs. 14.25 /- each per Rights Equity Share, pursuant to the Payment Schedule after payment of the Application Money.