Suraj Industries Rights Issue Worth ₹120 Cr To Power Expansion & Repay Debt

Suraj Industries Rights Issue Worth ₹120 Cr To Power Expansion & Repay Debt



Suraj Industries Rights Issue

Suraj Industries Rights Issue dates are not finalized.

Incorporated in 1992, Suraj Industries is an Indian company primarily engaged in the distillation, blending, bottling, and distribution of alcoholic beverages, with a focus on the production of Indian Made Foreign Liquor (IMFL) and country liquor. Suraj Industries’ portfolio includes popular brands across multiple liquor segments, distributed through a robust logistics network that enables efficient reach within regional markets.

SIL operates a bottling plant in Ajmer for the production of Country Liquor and Rajasthan Made Liquor. Under a contract manufacturing arrangement, it produces Rajasthan Made Liquor for Rajasthan State Ganganagar Sugar Mills Ltd., a Government of Rajasthan undertaking. In addition, the company has commenced manufacturing and marketing Country Liquor under its own brands.

The company’s growth strategy centers around expansion of production capacity and constant portfolio diversification, responding to increasing consumer demand for quality alcoholic beverages in India.

Suraj Industries Rights Issue Record Date

Promoters of Suraj Industries – Suraj Prakash Gupta

Suraj Industries Rights Issue Details

Suraj Industries Rights Issue DateComing soon
Suraj Industries Rights Issue PriceComing soon
Issue Size (in Shares)Coming soon
Issue Size (in INR)INR 120 crore
Issue EntitlementNA equity share for every NA equity shares held on the record date
Terms of PaymentFully payable at the time of application
Suraj Industries Rights Issue Record DateComing soon
Face ValueINR 10 per share
Listing OnBSE

Suraj Industries Rights Issue Calculation

Suraj Industries 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

Suraj Industries Financial Performance

 FY 2023FY 2024FY 2025
Revenue67.3850.4526.08
Expenses59.3547.1227.86
OPM (%)11.926.60(6.83)
Net Income7.414.444.01
ROE (%)7.573.15
Figures in INR Crores unless specified otherwise

Suraj Industries Rights Offer Objectives

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

  • Investment in its subsidiary, Carya Chemicals & Fertilizers, to meet the Fixed capital requirements of its Distillery unit – INR 47.32 crore
  • Funding of Capital Expenditure for setting up of manufacturing unit of Corrugated Boxes & PET Bottles – INR 14.99 crore
  • Repayment/prepayment in full or part, of certain unsecured loans availed by the company – INR 7.20 crore
  • Acquisition of additional Equity Shares of Carya Chemicals & Fertilizers from existing shareholders of the Carya – INR 8.04 crore
  • Funding of unidentified acquisitions and investment along with General Corporate Purposes

Suraj Industries Rights Offer Documents

Suraj Industries 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

Suraj Industries Rights Offer Registrar

BEETAL FINANCIAL & COMPUTER SERVICES PRIVATE LIMITED
3rd Floor, Beetal House, 99,
Behind Local Shopping Centre, Madangir
Village, Madangir, New Delhi, Delhi 110062
Tel: 011-29961281-83/26051061
E-mail: [email protected] 
Website: www.beetalfinancial.com

SURAJ INDUSTRIES LIMITED
Plot No. 2, Phase III, Sansarpur Terrace,
Kangra, Himachal Pradesh – 173212, India
Phone: 01970-256414
Email: [email protected]
Website: www.surajindustries.org

Suraj Industries Rights Offer FAQs

What is the Suraj Industries Rights Issue Price?

The issue price is INR per share.

What is the Suraj Industries 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 Suraj Industries Rights Issue Record Date?

The Record date is coming soon.

How to Apply in Suraj Industries Rights Offer?

The best way to apply in Suraj Industries 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.



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