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Founded in 1995, Sru Steels Limited manufactures various steel products, including stainless steel, mild steel, steel coils, sheets, and carbon iron steel.
The company's product portfolio includes Aluminum Bars, Rods, and profiles, Aluminum Powder, Aluminum Scrap, Ammonium Molybdenum, G.I. Pipe, Graphite products, and M.S. Pipe and Sheet, among others.
The company serves the corporate and other clients from fabrication and manufacturing industry.
The company also supplies Epoxy Floor Coating, Industrial Epoxy Floor Coating, Epoxy Floor Coating Marine, PU Floor Coating, Epoxy Coating, Epoxy Primer, Epoxy High Build Coating, and Epoxy Heat Resistance Coating.
SRU Steels Limited specializes in trading and wholesaling steel and iron products, focusing on infrastructure and housing. projects in India.
Issue Open | September 9, 2024 - September 24, 2024 |
Security Name | Sru Steels Ltd |
Issue Size (Shares) | 47,951,400 |
Issue Size (Amount) | ₹47.95 Crores |
Issue Price | ₹10 per share |
Face Value | ₹10 per share |
Listing At | BSE |
Terms of Payment | All Money Payable at the time of Application. |
Entitlement | 4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Last Date to buy shares | August 29, 2024 |
Record Date | August 31, 2024 |
Credit of Rights Entitlements | September 6, 2024 |
Bid/Offer Opens On | September 9, 2024 |
Renunciation of Rights Entitlements | September 18, 2024 |
Bid/Offer Closes On | September 24, 2024 |
Deemed Date of Allotment | September 28, 2024 |
Credit Date | October 1, 2024 |
Listing Date | October 3, 2024 |
Sru Steels Ltd's revenue increased by 10% and profit after tax (PAT) dropped by -54% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
Assets | 19.8 | 17.6 | 17.97 | |||||||||||||||||||||||||||||||||||||
Revenue | 18.32 | 16.72 | 15.05 | 27.08 | ||||||||||||||||||||||||||||||||||||
Profit After Tax | 0.32 | 0.7 | 0.23 | 0.21 | ||||||||||||||||||||||||||||||||||||
Net Worth | 13.73 | 13.29 | 12.67 | 12.44 | ||||||||||||||||||||||||||||||||||||
Total Borrowing | 0.55 | 0.4 | ||||||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Sru Steels Rights Issue 2024 got oversubscribed by 1.31 times by the end of the bidding period with total bid quantity received by BSE of 62,887,507 shares.
Sru Steels Ltd
107/22, Gali No 3
East, Azad Nagar
Delhi-110051
Phone: 919926620020
Email: srusteels@yahoo.in
Website: http://srusteels.in/
Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo
The Sru Steels Rights Issue 2024 opens on September 9, 2024, and closes on September 24, 2024.
Sru Steels Rights Issue 2024 Schedule
Last Date for credit of Rights Entitlements | September 6, 2024 |
Last Date for renunciation of Rights Entitlements | September 18, 2024 |
Issue Opening Date | September 9, 2024 |
Issue Closing Date | September 24, 2024 |
Date of Allotment (on or about) | September 28, 2024 |
Date of Credit (on or about) | October 1, 2024 |
Date of Listing (on or about) | October 3, 2024 |
Sru Steels Rights Issue 2024 price is set at ₹10 per share per equity share.
The eligible shareholders are being offered 4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (August 31, 2024).
The record date for the Sru Steels Rights Issue 2024 is August 31, 2024.
The issue size of Sru Steels Rights Issue 2024 is of 47,951,400 equity shares at ₹10 per share aggregating upto ₹47.95 Crores.
The Letter of Offer for Sru Steels Rights Issue 2024 can be download here.
You can apply for Sru Steels Rights Issue 2024 in two ways:
Steps to apply for Sru Steels Rights Issue 2024 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 Sru Steels Rights Issue 2024 using Registrar's website (R-WAP)
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