Patel Engineering Rights Issue To Raise ₹400 Cr For Loan Cleanup And Big Project Push

Patel Engineering Rights Issue To Raise ₹400 Cr For Loan Cleanup And Big Project Push



Patel Engineering Rights Issue

Patel Engineering Rights Issue dates are not finalized.

Established in 2003 and headquartered in Mumbai, Patel Engineering is a leading integrated infrastructure and construction services company in India. The company specializes in large-scale projects involving dams, tunnels, hydroelectric and irrigation projects, highways, roads, bridges, and real estate development. It provides diverse construction solutions across sectors, including civil construction, transportation infrastructure, water treatment, and real estate, such as buildings, townships, and malls.

In the financial year 2024-25, Patel Engineering crossed INR 5,000 crore in revenue, showcasing significant business growth. The consolidated net sales for March 2025 stood at approximately INR 1,611.86 crore, reflecting a year-on-year increase of 20%. Patel Engineering is known for its strength in traditional construction methods combined with innovative technologies and delivery systems, serving both public and private sector clients in India and internationally.

Patel Engineering Rights Issue Record Date

Promoters of Patel Engineering – Janky Rupen Patel, Praham India LLP, and Raahitya Construction Private Limited

Patel Engineering Rights Issue Details

Patel Engineering Rights Issue DateComing soon
Patel Engineering Rights Issue PriceComing soon
Issue Size (in Shares)Coming soon
Issue Size (in INR)INR 400 crore
Issue EntitlementNA equity share for every NA equity share held on the record date
Terms of PaymentFully payable at the time of application
Patel Engineering Rights Issue Record DateComing soon
Face ValueINR 1 per share
Listing OnBSE, NSE

Patel Engineering Rights Issue Calculation

Patel Engineering Rights Issue PriceINR per share
Market Price on Rights Issue ApprovalINR per share
Dilution Factor (X)
Fair Value After Dilution at Prevailing PriceINR per share

Patel Engineering Financial Performance

 FY 2023FY 2024FY 2025
Revenue3,8914,5445,093
Expenses3,3303,8544,345
OPM (%)14.015.015.0
Net Income183290248
ROCE (%)13.014.015.0
Figures in INR Crores unless specified otherwise

Patel Engineering Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • Prepayment/repayment of certain outstanding borrowings availed by the company (including interest thereon) – INR 254 crore
  • Funding of General corporate purposes

Patel Engineering Rights Offer Documents

Patel Engineering Rights Issue Dates

Rights Issue Approval DateComing soon
Rights Issue Record DateComing soon
Credit of Rights EntitlementComing soon
Rights Issue Opening DateComing soon
Last Date for Market RenunciationComing soon
Rights Issue Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit DateComing soon
Listing DateComing soon

Patel Engineering Rights Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.mpms.mufg.com

PATEL ENGINEERING LIMITED
Patel Estate SV Road, Jogeshwari (West),
Mumbai – 400 102, Maharashtra, India
Phone: +91 22-6982 3500/2676 7500
Email: 
[email protected]
Website:
www.pateleng.com

Patel Engineering Rights Offer FAQs

What is the Patel Engineering Rights Issue Price?

The issue price is INR per share.

What is the Patel Engineering Rights Issue entitlement ratio?

The eligible shareholders are offered NA equity share for every NA equity shares held on the record date.

What is the Patel Engineering Rights Issue Record Date?

The Record date is coming soon.

How to Apply in the Patel Engineering Rights Offer?

The best way to apply in the Patel Engineering Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.



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