Zerodha (Trading Account)
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Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Incorporated in the year 1971, Bharat Gears Ltd. is one of the most reputed companies in gears technology and one of the largest gear manufacturers in India. The company is engaged in the manufacturing of a wide range of ring gears and pinions, transmission gears and shafts, differential gears, gearboxes majorly for the automotive industry. The company's manufacturing business can be broadly categorized into 3 segments: Gears, Automotive Components and Furnaces.
India being the primary market, the company is also growing its exports to North America, the European market, and some other countries. Bharat Gear's customer list includes some of the prominent players in the domestic automobile industry and some key players in the international markets in the tractors, trucks, construction equipment, buses, and utility vehicle segments. Company's business operations and products primarily cater to the B2B segment.
| Issue Open | November 22, 2021 - December 6, 2021 |
| Security Name | Bharat Gears Limited |
| Issue Size (Shares) | 930,610 |
| Issue Size (Amount) | ₹9.77 Crores |
| Issue Price | ₹105 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The full amount of Rs. 105/- per equity share is payable on application. |
| Entitlement | 1 equity share for every 10 fully paid-up equity share held on the record date |
| Record Date | October 29, 2021 |
| Credit of Rights Entitlements | November 20, 2021 |
| Bid/Offer Opens On | November 22, 2021 |
| Renunciation of Rights Entitlements | December 2, 2021 |
| Bid/Offer Closes On | December 6, 2021 |
| Deemed Date of Allotment | December 16, 2021 |
| Credit Date | December 20, 2021 |
| Listing Date | December 21, 2021 |
| Particulars | For the year/period ended (Rs.in Millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | ||
| Total Assets | 3,836.31 | 3,741.40 | |
| Total Income | 5,043.96 | 4,679.95 | |
| Profit After Tax | -77.00 | -187.77 | |
The Proceeds from the Issue will be utilized towards funding of the following objects:
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Bharat Gears Limited
20 K.M. Mathura Road,
P.O. Amar Nagar,
Faridabad - 121 003, Haryana
Phone: +91 129 428 8888
Email: info@bglindia.com
Website: http://www.bharatgears.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: bharatgears.rights@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
The Bharat Gears Rights Issue opens on November 22, 2021, and closes on December 6, 2021.
Bharat Gears Rights Issue Schedule
| Last Date for credit of Rights Entitlements | November 20, 2021 |
| Last Date for renunciation of Rights Entitlements | December 2, 2021 |
| Issue Opening Date | November 22, 2021 |
| Issue Closing Date | December 6, 2021 |
| Date of Allotment (on or about) | December 16, 2021 |
| Date of Credit (on or about) | December 20, 2021 |
| Date of Listing (on or about) | December 21, 2021 |
Bharat Gears Rights Issue price is set at ₹105 per share per equity share.
The eligible shareholders are being offered 1 equity share for every 10 fully paid-up equity share held on the record date (October 29, 2021).
The record date for the Bharat Gears Rights Issue is October 29, 2021.
The issue size of Bharat Gears Rights Issue is of 930,610 equity shares at ₹105 per share aggregating upto ₹9.77 Crores.
The Letter of Offer for Bharat Gears Rights Issue can be download here.
You can apply for Bharat Gears Rights Issue in two ways:
Steps to apply for Bharat Gears Rights Issue using Net Banking (ASBA)
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Bharat Gears Rights Issue using Registrar's website (R-WAP)
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Customer care told me that holding not be collapsed, you can sell that rights whenever it's tradable again. Could you please confim