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KCD Industries India Limited Rights Issue (KCD Industries India Rights Issue 2023) Detail

May 31, 2023 - June 28, 2023
KCD Industries India Limited Logo

Incorporated in 1985, KCD Industries India Limited is engaged in the business of Construction Services. The company is experienced in various aspects of the real estate development business. This includes identifying and selecting locations, development, designing, project management, and sales and marketing. The company is capable of undertaking overall operations of real estate projects.

KCD Industries currently concentrate on construction contracts from developers. Alongside this, the company might undertake residential and commercial real estate projects independently in the future.

As civil contractors, KCD Industries India Limited is engaged in the Development and Construction of Residential and Commercial Complex.

KCD Industries India Rights Issue 2023 Detail

Issue Open May 31, 2023 - June 28, 2023
Security Name KCD Industries India Limited
Issue Size (Shares) 27,142,857
Issue Size (Amount) ₹48.86 Crores
Issue Price ₹18 per share
Face Value ₹1 per share
Listing At BSE
Terms of Payment

On Application, Investors will have to pay Rs. 4.50/- per Rights Equity Share constituting 25% of the Issue Price, and the balance Rs. 13.50/- per Rights Share constituting 75% of the Issue Price, will have to be paid, on one or more additional calls as may be decided.

Entitlement 19 Rights Equity Share(s) for every 7 fully paid-up Equity Shares held on Record Date

KCD Industries India Rights Issue 2023 Issue Timetable

Last Date to buy sharesMay 18, 2023
Record Date May 19, 2023
Credit of Rights Entitlements May 25, 2023
Bid/Offer Opens On May 31, 2023
Renunciation of Rights Entitlements June 23, 2023
Bid/Offer Closes On June 28, 2023
Deemed Date of Allotment July 8, 2023
Credit Date
Listing Date July 19, 2023

Company Financials

KCD Industries India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-215.010.12-0.07
31-Mar-226.26-0.060.19
Amount in ₹ Crore

Objects of the Issue:

The Company proposes to utilize the Net Proceeds to:

  1. Working capital requirement
  2. General corporate purpose
  3. To meet Issue Expenses

KCD Industries India Rights Issue 2023 Documents

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Company Contact Information

KCD Industries India Limited
501, 5th Floor, Ruby Crescent Business Boulevard,
Ashok Chakravati Road, Kandivali (East),
Mumbai – 400101

Phone: +91 77159 54966
Email: compliance@kcdindustries.com
Website: http://www.kcdindustries.com/

KCD Industries India Rights Issue 2023 Registrar

  1. Skyline Financial Services Private Ltd
    Phone: 02228511022
    Email: ipo@skylinerta.com
    Website: https://www.skylinerta.com/ipo.php

KCD Industries India Rights Issue 2023 Lead Manager(s)

KCD Industries India Rights Issue 2023 FAQs

The KCD Industries India Rights Issue 2023 opens on May 31, 2023, and closes on June 28, 2023.

KCD Industries India Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsMay 25, 2023
Last Date for renunciation of Rights EntitlementsJune 23, 2023
Issue Opening DateMay 31, 2023
Issue Closing DateJune 28, 2023
Date of Allotment (on or about)July 8, 2023
Date of Credit (on or about)
Date of Listing (on or about)July 19, 2023

KCD Industries India Rights Issue 2023 price is set at ₹18 per share per equity share.

The eligible shareholders are being offered 19 Rights Equity Share(s) for every 7 fully paid-up Equity Shares held on Record Date (May 19, 2023).

The record date for the KCD Industries India Rights Issue 2023 is May 19, 2023.

The issue size of KCD Industries India Rights Issue 2023 is of 27,142,857 equity shares at ₹18 per share aggregating upto ₹48.86 Crores.

The Letter of Offer for KCD Industries India Rights Issue 2023 can be download here.

You can apply for KCD Industries India Rights Issue 2023 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for KCD Industries India Rights Issue 2023 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the KCD Industries India Rights Issue 2023 available on the list.
  4. Click the Apply button next to the KCD Industries India Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

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 KCD Industries India Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select KCD Industries India Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. RR     Link|June 12, 2023 8:01:17 PM
@admin
Sir/madam,
Please add page about Udaipur Cement Works right issue and acknowledge us with the info.

Thanks.

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