Established in 1974, Amal Limited specializes in the chemical manufacturing sector. The company is dedicated to large-scale production of chemicals such as Sulphuric acid and oleum, along with their downstream derivatives like Sulphur dioxide and Sulphur trioxide.
The chemicals crafted by Amal Limited serve as vital components in a diverse range of industries and products, including dyes, fertilizers, personal care items, petrochemicals, pharmaceuticals, textiles, and more. The company’s operational focus primarily caters to the business-to-business segment.
Amal Limited’s notable product lineup encompasses:
- Sulphuric Acid
- Sulphur Dioxide and Sulphur Trioxide
- Oleum
Located in Ankleshwar, Gujarat, the company’s manufacturing facility is strategically positioned on leasehold land obtained from GIDC for long-term usage.
Guided by the expertise of its leadership, Amal Limited is steered by Mr. Sunil Lalbhai, Chairman, and Mr. Rajeev Kumar, Managing Director. Their individual proficiencies and extensive experience in the chemical industry contribute to shaping the company’s trajectory, propelling it towards continual growth.
Amal Limited Stock Quote #
- Open: ₹279.25
- High – Low: ₹283.00 – ₹273.00
- Previous Close: ₹274.05
- Total Traded Value: 934
- Updated On: Aug 11, 2023 4:00 PM
Amal Limited Rights Issue 2023 Detail #
| Issue Open | Mar 6, 2023 – Mar 14, 2023 |
| Security Name | Amal Limited |
| Issue Size (Shares) | 2,937,662 |
| Issue Size (Amount) | ₹49.94 Crores |
| Issue Price | ₹170 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | Full amount of Rs. 170/- per Equity Share is payable on application. |
| Entitlement | 24 Rights Equity Share(s) for every 77 fully paid-up Equity Shares held on Record Date |
Amal Limited Rights Issue 2023 Issue Timetable #
| Last Date to buy shares | Feb 20, 2023 |
| Record Date | Feb 21, 2023 |
| Credit of Rights Entitlements | Mar 4, 2023 |
| Bid/Offer Opens On | Mar 6, 2023 |
| Renunciation of Rights Entitlements | Mar 8, 2023 |
| Bid/Offer Closes On | Mar 14, 2023 |
| Deemed Date of Allotment | Mar 21, 2023 |
| Credit Date | Mar 23, 2023 |
| Listing Date | Mar 24, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-21 | 48.38 | 31.67 | 8.80 | 34.26 | 5.65 |
| 31-Mar-22 | 100.15 | 43.79 | 1.11 | 35.35 | 51.05 |
| Amount in ₹ Crore | |||||
Objects of the Issue: #
The Company proposes to utilize the proceeds of this Issue towards the following objects:
- Investment in the Wholly Owned Subsidiary, viz. Amal Speciality Chemicals Limited (ASCL) for repayment or pre-payment, in full or in part, of all or certain borrowings availed by the Wholly Owned Subsidiary;
- General Corporate Purposes.
Rights Issue 2023 Documents #
Company Contact Information #
309, Veer Savarkar Marg, Opp. India United Mills,
Near Prabhadevi Telephone Exchange,
Dadar (West), Mumbai – 400 028Phone: +91 22 62559700
Email: sec@amal.co.in
Website: https://www.amal.co.in/
Rights Issue 2023 Registrar #
- Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: amal.rights@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
