Skipper Ltd Rights Issue 2024


Skipper Ltd is an Indian company that manufactures and supplies transmission and distribution structures, polymer pipes and fittings, and executes infrastructure EPC projects. It has a global presence in over 40 countries and is one of the world’s largest integrated T&D structure manufacturers.

DETAILS:

ParticularsDetails
Type of Issue:Rights Issue
Rights Issue Price:₹ 194/- Per Share
Issue Offer (Amount)₹ 199.18 Cr.
Issue Offer (Shares)10,267,021
Rights Issue Ratio:1:10 (1 Rights Equity Share(s) for every 10 fully paid-up Equity Shares)
Face value of Share:₹ 1/-
Record Date:12/01/2024
Bid/Offer Opening Date:30/01/2024
Renunciations Date of Rights:05/02/2024
Bid/Offer Closing Date:08/02/2024
Terms of Payment:

The Rights Issue Price of Rs.194 is to be paid as Rs. 48.50 on Application and Rs.145.50 on up to three Additional Calls as may be decided by the Board/Rights Issue Committee.

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