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 shares | 10 May 2023 |
| Record Date | 11 May 2023 |
| Credit of Rights Entitlements | – |
| Bid/Offer Opens On | 23 May 2023 |
| Renunciation of Rights Entitlements | 29 May 2023 |
| Bid/Offer Closes On | 01 June 2023 |
| Deemed Date of Allotment | 07 June 2023 |
| Credit Date | 12 June 2023 |
| Listing Date | 16 June 2023 |
Clara Industries Rights Issue details
| Issue Open | May 23, 2023 – Jun 1, 2023 |
| Security Name | Clara 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 At | BSE |
| Terms of Payment | The full amount of the Issue Price being Rs. 167/- will be payable on application. |
| Entitlement | 2 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 6.97 | 3.87 | 1.05 |
Rights Issue Documents
Lead Manager(s)
–
Rights Issue Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://www.bigshareonline.com/
Company Contact Information
Clara Industries Limited
127/1, Simbhalka Junardar,
Janta Road,
Saharanpur-247001
Phone: +91-9760023604
Email: info@clara.co.in
Website: https://clara.co.in/
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
