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PTC Industries Limited Rights Issue (PTC Industries Rights Issue 2022) Detail

August 3, 2022 - August 12, 2022
PTC Industries Limited Logo

Incorporated in 1963, PTC Industries Limited (PTC) is engaged in the manufacturing of high quality engineering components mainly cast components, machined and fabricated parts for various critical and super-critical applications for more than 59 years. PTC Industries Limited (PTC) was previously known as Precision Tools & Castings Private Limited Industries Limited.

The company has four divisions: Industrial Castings Titanium Castings Super Alloy Castings Microstructure Controlled Castings Aluminium Castings CNC Machining Titanium Ingots Defence Systems & Sub-Systems.

PTC Industries Limited has two manufacturing facilities, AMTC Plant in Uttar Pradesh and Mehsana Plant in Gujarat.

PTC Industries Rights Issue 2022 Detail

Issue Open August 3, 2022 - August 12, 2022
Security Name PTC Industries Limited
Issue Size (Shares) 7,858,594
Issue Size (Amount) ₹7.86 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The entire amount of the Issue Price of Rs 10 per Rights Equity Share shall be payable at the time of Application.

Entitlement 3 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date

PTC Industries Rights Issue 2022 Issue Timetable

Record Date July 22, 2022
Credit of Rights Entitlements July 28, 2022
Bid/Offer Opens On August 3, 2022
Renunciation of Rights Entitlements August 8, 2022
Bid/Offer Closes On August 12, 2022
Deemed Date of Allotment August 24, 2022
Credit Date August 29, 2022
Listing Date August 30, 2022

Company Financials

PTC Industries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-21397.49168.554.35155.32
31-Mar-22425.99185.2312.81165.23
Amount in ₹ Crore

Objects of the Issue:

The intended use of the Net Proceeds of the Issue by the company is set forth below:

1. Investment in its Wholly Owned Subsidiary Aerolloy Technologies Limited.

2. General Corporate Purposes.

PTC Industries Rights Issue 2022 Documents

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Company Contact Information

PTC Industries Limited
Advanced Manufacturing & Technology Centre,
NH 25A, Sarai Shahjadi,
Lucknow 227101, Uttar Pradesh

Phone: +91 522-7111017
Email: info@ptcil.com
Website: http://www.ptcil.com/

PTC Industries Rights Issue 2022 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: ptc.rights@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

PTC Industries Rights Issue 2022 Lead Manager(s)

PTC Industries Rights Issue 2022 FAQs

The PTC Industries Rights Issue 2022 opens on August 3, 2022, and closes on August 12, 2022.

PTC Industries Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsJuly 28, 2022
Last Date for renunciation of Rights EntitlementsAugust 8, 2022
Issue Opening DateAugust 3, 2022
Issue Closing DateAugust 12, 2022
Date of Allotment (on or about)August 24, 2022
Date of Credit (on or about)August 29, 2022
Date of Listing (on or about)August 30, 2022

PTC Industries Rights Issue 2022 price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 3 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date (July 22, 2022).

The record date for the PTC Industries Rights Issue 2022 is July 22, 2022.

The issue size of PTC Industries Rights Issue 2022 is of 7,858,594 equity shares at ₹10 per share aggregating upto ₹7.86 Crores.

The Letter of Offer for PTC Industries Rights Issue 2022 can be download here.

You can apply for PTC Industries Rights Issue 2022 in two ways:

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

Steps to apply for PTC Industries Rights Issue 2022 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 PTC Industries Rights Issue 2022 available on the list.
  4. Click the Apply button next to the PTC Industries Rights Issue 2022.
  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 PTC Industries Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select PTC Industries Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

2 Comments

2. Amit Surana     Link|August 30, 2022 11:18:56 AM
missed such a wonderful opportunity...
1. rohit     Link|August 5, 2022 12:08:35 PM
ICICI bank is not accepting Right issue applications. Shall I apply throguh another bank of mine.

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