Clara Industries Rights Issue

Clara Industries Rights Issue will open for subscription from 23 May 2023. the company aims for an issue size of ₹27.62 Crores through this rights Issue.

Clara Industries Limited

Incorporated in 2021, Clara Industries Limited is engaged in the Packaging Domain. The company has over seven years of experience. They have run and completed over 25000 successful projects. Clara aims at offering quality services, ensuring maximum client satisfaction, and acting with robust planning and strategies. The clientele of the company includes brands and entities like Swadisht, The Abbal Premium Tea, Golden Tiger, Laxmi Premium, and so on.

Objectives of the Issue

  • Funding the working capital requirements of the Company.
  • General corporate purposes.

Clara Industries Rights Issue Time table

Last Date to buy shares10 May 2023
Record Date11 May 2023
Credit of Rights Entitlements
Bid/Offer Opens On23 May 2023
Renunciation of Rights Entitlements29 May 2023
Bid/Offer Closes On01 June 2023
Deemed Date of Allotment07 June 2023
Credit Date12 June 2023
Listing Date16 June 2023

Clara Industries Rights Issue details

Issue OpenMay 23, 2023 – Jun 1, 2023
Security NameClara Industries Limited
Issue Size (Shares)1,653,986
Issue Size (Amount)₹27.62 Crores
Issue Price₹167 per share
Face Value₹10 per share
Listing AtBSE
Terms of PaymentThe full amount of the Issue Price being Rs. 167/- will be payable on application.
Entitlement2 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After Tax
(Amount in ₹ Crore)

Rights Issue Documents

Lead Manager(s)

Rights Issue Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200

Company Contact Information

Clara Industries Limited
127/1, Simbhalka Junardar,
Janta Road,

Phone: +91-9760023604

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

Leave a Comment

Your email address will not be published. Required fields are marked *