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Incorporated in 2004, Spray King Agro Equipment Limited is a manufacturer of all types of agricultural parts. The company is an emerging leader in BRASS PARTS manufacturing, which includes products like Brass Fittings, Brass Forging Equipment, Brass Transformer Parts & other Customized Brass Parts.
The foundation of the venture was kept in 1977 as a manufacturer of Turning Components as per print. With time and the incorporation of new innovations, products, and technology, the company has expanded its operations to an extensive scale.
The products of the company are not traded in India alone, but also worldwide in many countries including Australia, USA, Europe, UAE, Canada, South Africa, and so on.
In 2017, Spray King Agro Equipment developed Lead-Free Brass Fittings that meet legislation for portable water applications.
The product portfolio of the company includes:
Spray King Agro Equipment Limited is committed to quality and assurance in every product. They strive to manufacture and supply the best brass part to the customer.
| Issue Open | February 13, 2023 - February 20, 2023 |
| Security Name | Spray King Agro Equipment Limited |
| Issue Size (Shares) | 3,172,769 |
| Issue Size (Amount) | ₹13.96 Crores |
| Issue Price | ₹44 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The full amount is payable on application. |
| Entitlement | 1 Right Equity Shares for every 1 Existing Equity Shares held |
| Record Date | February 2, 2023 |
| Credit of Rights Entitlements | February 17, 2023 |
| Bid/Offer Opens On | February 13, 2023 |
| Renunciation of Rights Entitlements | February 14, 2023 |
| Bid/Offer Closes On | February 20, 2023 |
| Deemed Date of Allotment | February 28, 2023 |
| Credit Date | March 1, 2023 |
| Listing Date | March 2, 2023 |
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 13.61 | 26.49 | 0.03 |
| 31-Mar-21 | 9.82 | 20.5 | 0.62 |
| Amount in ₹ Crore | |||
The Company proposes to utilize the Proceeds to:
3 2.7 Rating:  Vote Here ... |
Spray King Agro Equipment Limited
Plot No. 590,
G.I.D.C. Phase 2, Dared,
Jamnagar – 361 004
Phone: +91-932-837-7772
Email: info@spraykingagro.com
Website: http://www.spraykingagro.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
The Spray King Agro Equipment Rights Issue 2023 opens on February 13, 2023, and closes on February 20, 2023.
Spray King Agro Equipment Rights Issue 2023 Schedule
| Last Date for credit of Rights Entitlements | February 17, 2023 |
| Last Date for renunciation of Rights Entitlements | February 14, 2023 |
| Issue Opening Date | February 13, 2023 |
| Issue Closing Date | February 20, 2023 |
| Date of Allotment (on or about) | February 28, 2023 |
| Date of Credit (on or about) | March 1, 2023 |
| Date of Listing (on or about) | March 2, 2023 |
Spray King Agro Equipment Rights Issue 2023 price is set at ₹44 per share per equity share.
The eligible shareholders are being offered 1 Right Equity Shares for every 1 Existing Equity Shares held (February 2, 2023).
The record date for the Spray King Agro Equipment Rights Issue 2023 is February 2, 2023.
The issue size of Spray King Agro Equipment Rights Issue 2023 is of 3,172,769 equity shares at ₹44 per share aggregating upto ₹13.96 Crores.
The Letter of Offer for Spray King Agro Equipment Rights Issue 2023 can be download here.
You can apply for Spray King Agro Equipment Rights Issue 2023 in two ways:
Steps to apply for Spray King Agro Equipment Rights Issue 2023 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 Spray King Agro Equipment Rights Issue 2023 using Registrar's website (R-WAP)
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