Shraddha Prime Projects Rights Issue dates are not finalized.
Shraddha Prime Projects is a real estate developer with a strong presence in Mumbai’s western and central suburbs, along with adjoining micro-markets. The company focuses on residential real estate development, with a diversified portfolio spanning affordable housing, compact apartments, premium residences, and slum rehabilitation projects (SRA). Its core business model revolves around land acquisition or redevelopment, project planning, construction execution, and monetization through unit sales. The company has demonstrated capabilities in executing high-rise developments, including large-scale township-style projects such as Shraddha Park City, which features multi-storey towers with integrated amenities.
Shraddha Prime emphasises scalable development, standardised construction practices, and cost optimisation to maintain margins across segments. Its strategy is aligned with urban housing demand trends, particularly in the mid-income and affordable categories, which continue to see steady absorption.
Promoters of Shraddha Prime Projects – Mr. Sudhir Balu Mehta
Shraddha Prime Projects Rights Issue Details
| Shraddha Prime Projects Rights Issue Date | Coming soon |
| Shraddha Prime Projects Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 97 crore |
| Issue Entitlement | NA equity shares for every NA equity share held on the record date |
| Terms of Payment | Partly paid-up |
| Shraddha Prime Projects Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE |
Shraddha Prime Projects Rights Issue Calculation
| Shraddha Prime Projects Rights Issue Price | Coming soon |
| Market Price on Rights Issue Approval | INR 162.50 per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | Coming soon |
Shraddha Prime Projects Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 9 | 84 | 156 |
| Expenses | 8 | 74 | 125 |
| Operating Margin (%) | 10 | 12 | 20 |
| Net Income | 0 | 7 | 25 |
| ROCE (%) | NA | 9 | 16 |
Shraddha Prime Projects Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Working capital requirement of the company – INR 90 crore
- General corporate purposes
Shraddha Prime Projects Rights Offer Documents
Shraddha Prime Projects Rights Issue Dates
| Rights Issue Approval Date | 20 March 2026 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Shraddha Prime Projects Rights Offer Registrar
RCMC SHARE REGISTRY PRIVATE LIMITED
B-25/1, Okhla Industrial Area,
Phase -2, New Delhi – 110020
Tel: 011 26387320,21
E-mail: [email protected]
Website: www.rcmcdelhi.com
SHRADDHA PRIME PROJECTS LIMITED
A-309, Kanara Business Centre Premises CS,
Link Rd, Laxmi Nagar, Ghatkopar (East),
Mumbai City 400075, Maharashtra, India
Telephone: +91 022 46043970
Email: [email protected]
Website: www.tunitextiles.com
Shraddha Prime Projects Rights Offer FAQs
What is the Shraddha Prime Projects Rights Issue Price?
The issue price is INR NA per share.
What is the Shraddha Prime Projects Rights Issue entitlement ratio?
The eligible shareholders are offered NA Equity Shares for every NA Equity Shares held on the record date.
What is the Shraddha Prime Projects Rights Issue Record Date?
The Record date is coming soon.
How to Apply in Shraddha Prime Projects Rights Offer?
The best way to apply in Shraddha Prime Projects 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.
Mahesh Yadav is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.
