Aarti Surfactants Rights Issue will open for subscription from 25 January 2023. the company aims for an issue size of ₹49.52 Crores through this rights Issue.
Aarti Surfactants Limited
Incorporated in 2018, Aarti Surfactants Limited is a leading entity engaged in the production and supply of high-quality ionic and anionic surfactants and specialty surfactants. The company caters to the demand worldwide and satisfies its customers.
The product case of Aarti Surfactants includes:
- Surfactants
- Mild Surfactants
- UV Blocker
- Preservatives
- Pearlising Agent
- Blends
These products are then used as material in the making of shampoos, soaps, handwashes, detergents, floor cleaners, etc. With this wide product range, Aarti Surfactants is serving industries like Home Care, Hair Care, Skin and Personal Care, Oral Care, Baby Care, and Industrial Applications.
Aarti Surfactants has obtained various certifications and authorization to effectively offer its products to its customers. The company has achieved exemplary growth by delivering high-quality products and maintaining the trust of the end customers. The company envisions becoming a global preference of leading FMCG companies worldwide for Surfactants and Specialty Products,
Objectives of the Issue
- To meet Working Capital requirements
- General Corporate Purposes
Rights Issue Timetable
| Record Date | 17 January 2023 |
| Credit of Rights Entitlements | 24 January 2023 |
| Bid/Offer Opens On | 25 January 2023 |
| Renunciation of Rights Entitlements | 27 January 2023 |
| Bid/Offer Closes On | 03 February 2023 |
| Deemed Date of Allotment | 13 February 2023 |
| Credit Date | 16 February 2023 |
| Listing Date | 17 February 2023 |
Aarti Surfactants Rights Issue Details
| Issue Open | Jan 25, 2023 – Feb 3, 2023 |
| Security Name | Aarti Surfactants Limited |
| Issue Size (Shares) | 892,291 |
| Issue Size (Amount) | ₹49.52 Crores |
| Issue Price | ₹555 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | Rs. 222/- i.e. 40% on application and the remaining 60% on subsequent calls |
| Entitlement | 2 Rights Equity Shares for every 17 Fully Paid Equity Shares |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 262.29 | 326.07 | 2.09 |
| 31-Mar-21 | 386.52 | 465.83 | 21.63 |
| 31-Mar-22 | 402.42 | 575.81 | 5.49 |
Lead Manager(s)
- Fedex Securities Limited
Rights Issue Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: aartisurfactants.rights@linkintime.co.in
Website: https://linkintime.co.in/
Company Contact Information
Aarti Surfactants Limited
– Plot Nos. 801, 801/23,
GIDC Estate, Phase III,
Vapi-396 195, District Valsad
Phone: +91 22 6797 6666
Email: investors@aarti-surfactants.com
Website: https://www.aarti-surfactants.com/
Final Thoughts
Applying for the rights issue is purely a personal choice. make sure you make a detailed study about the company and rights issue before you make an investment decision.
Happy investing
