Sparc Electrex Limited Rights Issue (Sparc Electrex Limited Rights Issue 2023)
Sparc Electrex Limited Rights Issue is listed on BSE. They are going to raise ₹27.87 Crores via Rights Issue. The issue is a price range of ₹19 per share. The Rights Issue is to be listed on BSE.
Sparc Electrex Limited was incorporated in 1989, the company is engaged in the manufacturing, import, export, trading, and dealing of various kinds of Garden Tools, Power Tools, Cordless Tools, Hand Tools, Machinery, Spares & Accessories. It also trades in Prime Steel Products, Hot Rolled (HR) / Cold Rolled Coils, Sheets & Pipes, Mild & Stainless Steel, and all kinds of Metals.
The products range of the company is spread across:
- POWER TOOLS – Portable Electric Power Tools, Garden Tools, Pneumatic Tools, Cordless Tools, Wood Working Tools
- METALS AND STEEL PRODUCTS – Prime Steel Products, Hot Rolled (HR) / Cold Rolled Coils, Sheets & Pipes, Mild & Stainless Steel
Sparc Electrex Limited is led by a strong team of highly skilled and experienced management groups. The company has wide experience in the field.
Earlier the company was engaged in the business of Video Security Systems and Electronic Document Storage Systems. The same was discontinued after the takeover in October. Since then, Sparc diversified its operations in new fields.
One of the key strengths of the company is its wide range of products to offer to the customers. There are inbuilt quality assurance systems to ensure the highest quality products are served to the end users.
What is the official website of Sparc Electrex Limited Rights Issue?
Sparc Electrex Limited Official Website is http://www.sparcelectrex.com/
What is the registered address of the Sparc Electrex Limited Rights Issue?
Sparc Electrex Limited
1202, 12th Floor, Esperanza Building,
Next to Bank of Baroda, 198, Linking Road,
Bandra (West), Mumbai – 400050
Phone: +91-9819001811
Email: sparcelectrex@gmail.com
Website: http://www.sparcelectrex.com/
Sparc Electrex Rights Issue 2023 Financial Reports
| Period Ended | Total Revenue | Profit After Tax |
|---|---|---|
| 31-Mar-20 | 0.09 | -0.01 |
| 31-Mar-21 | 0.05 | -2.00 |
| 31-Mar-22 | 15.07 | 2.12 |
| Amount in ₹ Crore | ||
Sparc Electrex Limited Rights Issue 2023 Documents
Sparc Electrex Rights Issue 2023 Detail
| Issue Open | Mar 14, 2023 – Apr 12, 2023 |
| Security Name | Sparc Electrex Limited |
| Issue Size (Shares) | 14,667,000 |
| Issue Size (Amount) | ₹27.87 Crores |
| Issue Price | ₹19 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | |
| Entitlement | 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Also Read: Upcoming BSE NSE SME IPO 2023
Sparc Electrex Rights Issue 2023 Issue Timetable
| Last Date to buy shares | Feb 27, 2023 |
| Record Date | Feb 28, 2023 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | Mar 14, 2023 |
| Renunciation of Rights Entitlements | Apr 6, 2023 |
| Bid/Offer Closes On | Apr 12, 2023 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Sparc Electrex Limited Rights Issue 2023 Company Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com
Sparc Electrex Limited Rights Issue Lead Managers
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What is Sparc Electrex Rights Issue?
Sparc Electrex Rights Issue is listed on BSE. They are going to raise ₹27.87 Crores via Rights Issue. The issue is a price range of ₹19 per share. The Rights Issue is to be listed on BSE.
What is the Sparc Electrex Rights Issue 2023 Ratio?
3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date
When will the Sparc Electrex Rights Issue open?
The rights issue bid will open on March 14, 2023.
When will the Sparc Electrex Rights Issue close?
The rights issue bid will close on April 12, 2023.
What is the Issue Size?
The Rights Issus size is ₹27.87 crores.
What is the Issue Price Band?
The Rights Issue Price range of ₹19 per share.
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