SEPC Rights Issue 2025 description – SEPC Contractor specializes in turnkey contracts for Engineering, Procurement, and Construction (EPC) projects, offering comprehensive solutions and project management services. SEPC stands for “Solution Engineering Procurement Construction” and focuses on providing turnkey solutions in two main business areas:
- Infrastructure, including water and wastewater utilities, and road construction.
- Industrial EPC, including process plants, steel mills, mine development, and power plants.
As of 30 September 2024, the company has a total order book of INR 8,472.96 crore. As of the same date, SEPC has 231 employees, including its executive directors, who oversee the business operations, management administrative, secretarial, marketing, and accounting functions following their respective goals.
Promoters of SEPC – Mark A B Capital Investment LLC
SEPC Rights Issue 2025 Details
| SEPC Rights Issue Date | 9 – 23 June 2025 |
| SEPC Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 34,98,34,783 shares |
| Issue Size (in INR) | INR 349.83 crore |
| Issue Entitlement | 11 equity shares for every 50 equity shares held on record date |
| Terms of Payment | The payment terms state that an amount of INR 5 is payable on application and INR 5 on the first and final call, making a total of INR 10 per rights equity share. |
| SEPC Rights Issue Record Date | 23 May 2025 |
| Face Value | INR 10 per share |
| Listing On | NSE, BSE |
SEPC Rights Issue 2025 Calculation
| SEPC Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 14.55 per share |
| Dilution Factor (X) | 1.2 |
| Fair Value After Dilution at Prevailing Price | INR 13.79 per share |
SEPC Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 329.0 | 379.0 | 561.0 |
| Expenses | 366.0 | 435.0 | 527.0 |
| Operating Margin (%) | (36.0) | (56.0) | 34.0 |
| Net Income | (263.71) | (4.91) | 22.78 |
| ROCE (%) | (2.00) | (3.00) | 5.0 |
SEPC Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Funding for Payment of Non-Convertible Debentures including redemption and interest – INR 140 crore
- Repayment/Pre-payment, in full or part, of certain borrowings availed by the company – INR 15 crore
- Funding for increasing the additional Margin of Non- Fund Based Limits – INR 15 crore
- To augment the existing and incremental working capital requirement of the company – INR 160 crore
- General corporate purposes – INR 2 crore
SEPC Rights Offer Documents
SEPC Rights Issue Dates
| Rights Issue Approval Date | 13 May 2025 |
| Rights Issue Record Date | 23 May 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 9 June 2025 |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | 23 June 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
SEPC Rights Offer Lead Manager
SUMEDHA FISCAL SERVICES LIMITED
6A Geetanjali, 6th Floor,
8B Middleton Street, Kolkata – 700071
Tel: (033) 2229 8936/6813 5900
E-mail: [email protected]
Website: www.sumedhafiscal.com
SEPC Rights Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
No. 01, Club House Road, Mount Road,
Chennai- 600 002, Tamil Nadu, India
Phone: +91 44 4002 0700/2846 0390
Email: [email protected]
Website: www.cameoindia.com
SEPC LIMITED
4th Floor, Bascon Futura SV, IT Park,
Venkata Narayana Road, Parthasarathy Puram,
T. Nagar Chennai – 600 017, Tamil Nadu, India
Phone: +91 44 4900 5555
Email: [email protected]
Website: www.sepc.in
SEPC Rights Offer FAQs
What is the SEPC Rights Issue Price?
The issue price is INR 10 per share.
What is the SEPC Rights Issue entitlement ratio?
The eligible shareholders are offered 11 equity shares for every 50 equity shares held on the record date.
What is the SEPC Rights Issue Record Date?
The Record date is 23 May 2025.
How to Apply for SEPC Rights Offer?
The best way to apply for SEPC Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
