Ushanti Colour Chem Rights Issue Date, Price, Market Lot, Subscription 2024

Ushanti Colour Chem Rights Issue Date, Price, Market Lot, Subscription 2024


Ushanti Colour Chem Rights Issue

Ushanti Colour Chem Rights Issue is scheduled on 4 – 25 Nov 2024

Ushanti Colour Chem has been in the business of manufacturing and trading dyestuffs since 1993. The company produces Reactive and Direct Dyestuffs, also known as Synthetic Organic Dyes, through an integrated production process. Additionally, they manufacture copper phthalocyanine and blue crude, key raw materials used in dyestuff production.

Ushanti Colour Chem’s pigments and dyestuffs cater to the raw material needs of various industries, including textile, garment, cotton, leather, nylon, paper, wool, ink, wood, plastic, and paint. The company specializes in producing “Turquoise Blue” dyestuffs and pigments. It operates three manufacturing facilities, all located at Vatva GIDC in Gujarat. The company currently has a production capacity of approximately 4,000 tons per annum. The company is ISO 9001:2015 certified, which attests to the quality of the products it manufactures.

Ushanti Colour Chem Rights Issue Record Date

Promoters of the Ushanti Colour Chem –


Ushanti Colour Chem Rights Issue Details

Ushanti Colour Chem Rights Issue Date 4 – 25 November 2024
Ushanti Colour Chem Rights Issue Price INR 55 per share
Issue Size (in Shares) 5,35,085 shares
Issue Size (in INR) INR 2.94 crore
Issue Entitlement 5 equity shares for every 100 equity shares held on record date
Terms of Payment Fully payable at the time of application
Ushanti Colour Chem Rights Issue Record Date 11 October 2024
Face Value INR 10 per share
Listing On NSE

Ushanti Colour Chem Rights Issue Calculation

Ushanti Colour Chem Rights Issue Price INR 55 per share
Market Price on Rights Issue Approval INR 57.05 per share
Dilution Factor (X) 1.05
Fair Value After Dilution at Prevailing Price INR 56.95 per share

Ushanti Colour Chem Financial Performance

  FY 2022 FY 2023 FY 2024
Revenue 47.73 43.99 50.71
Expenses 43.99 44.04 48.97
OPM (%) 7.84 (0.11) 3.43
Net income 1.15 0.98 (4.77)
Figures in INR Crores unless specified otherwise

Ushanti Colour Chem Rights Offer Objectives

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

  • General Corporate Purposes

Ushanti Colour Chem Rights Offer Documents


Ushanti Colour Chem Rights Issue Dates

Rights Issue Approval Date 3 October 2024
Rights Issue Record Date 11 October 2024
Credit of Rights Entitlement Coming soon
Rights Issue Opening Date 4 November 2024
Last Date for Market Renunciation Coming soon
Rights Issue Closing Date 25 November 2024
Finalization of Basis of Allotment Coming soon
Rights Allotment Date Coming soon
Credit Date Coming soon
Listing Date Coming soon

Ushanti Colour Chem Rights Offer Registrar

Coming soon


USHANTI COLOUR CHEM LIMITED
88/8 GIDC, Phase I, Vatva,
Ahmedabad – 382445, Gujarat
Phone: 07925833315
E-mail: [email protected]
Website: www.ushanti.com


Ushanti Colour Chem Rights Offer FAQs

What is the Ushanti Colour Chem Rights Issue Price?

The issue price is INR 55 per share.

What is the Ushanti Colour Chem Rights Issue entitlement ratio?

The eligible shareholders are offered 5 Equity Shares for every 100 Equity Shares held on the record date.

What is the Ushanti Colour Chem Rights Issue Record Date?

The Record date is 11 October 2024.

How to Apply in Ushanti Colour Chem Rights Offer?

The best way to apply in Ushanti Colour Chem 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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