Established in 2008, Shree Ram Proteins Limited is actively involved in the de-linting and de-hulling of cotton seeds, employing mechanical processes for these operations. Additionally, the company is engaged in oil extraction from cotton seeds, as well as solvent extraction from cotton seeds oil cake and ground nuts.
Shree Ram Proteins Limited offers a range of products including Cotton Linter, Delinted Cotton Seeds, Cotton Seed Husk/Hulls, Cotton Seeds Oil Cake, Cotton Seeds De-oil Cake, Pre-Refine Wash Oil, Ground Nuts Oil Cake, Cotton (Kapas), and Cotton Bales.
All manufacturing operations of Shree Ram Proteins Limited are carried out at their dedicated facility located in Rajkot.
The manufacturing process is divided into the following stages:
- De-linting and de-hulling of Cotton Seeds, yielding short fiber (linter) and delinted cotton seeds.
- Cotton seeds oil extraction, resulting in refined cotton seeds oil and cotton seeds oil cake.
- Solvent extraction process, leading to pre-refined wash oil and de-oiled cotton seeds cake.
The company’s products undergo subsequent processes to create further items. For instance, Cotton Linter finds applications in paper manufacturing and serves as a raw material for cellulose production. Shree Ram Proteins Limited consistently contributes to the value chain by efficiently processing cotton seeds and generating a variety of essential products.
Shree Ram Proteins Limited Stock Quote #
- Open: ₹3.25
- High – Low: ₹3.45 – ₹3.15
- Previous Close: ₹3.30
- Total Traded Value: 21,19,624
- 52 Weeks High: ₹9.07 (Jul 26, 2022)
- 52 Weeks Low: ₹2.30 (Jul 24, 2023)
- Updated On: Jun 30, 2023 4:00 PM
Shree Ram Proteins Rights Issue 2023 Detail #
Issue Open | Jul 17, 2023 – Aug 14, 2023 |
Security Name | Shree Ram Proteins Limited |
Issue Size (Shares) | 214,200,000 |
Issue Size (Amount) | ₹49.27 Crores |
Issue Price | ₹2.3 per share |
Face Value | ₹1 per share |
Listing At | NSE |
Terms of Payment | The full amount in regards to the Rights Equity Shares i.e., Rs. 2.30 is payable on application. |
Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Shree Ram Proteins Rights Issue 2023 Issue Timetable #
Last Date to buy shares | Jul 5, 2023 |
Record Date | Jul 6, 2023 |
Credit of Rights Entitlements | Aug 12, 2023 |
Bid/Offer Opens On | Jul 17, 2023 |
Renunciation of Rights Entitlements | Aug 9, 2023 |
Bid/Offer Closes On | Aug 14, 2023 |
Deemed Date of Allotment | Aug 22, 2023 |
Credit Date | Aug 28, 2023 |
Listing Date | Sep 4, 2023 |
Company Financials #
Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
Assets | 100.83 | 100.10 | 116.05 | 106.08 |
Revenue | 156.42 | 152.68 | 288.56 | 162.73 |
Profit After Tax | 2.61 | 0.84 | 6.14 | 3.85 |
Net Worth | ||||
Reserves and Surplus | ||||
Total Borrowing |
Objects of the Issue: #
The Issue Proceeds from the Issue will be utilized towards the following objects:
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses
Shree Ram Proteins Rights Issue 2023 Documents #
- Letter Of Offer
- Application Form
Company Contact Information #
Imperial Heights Tower-B, Second Floor,
Office No. B-206, 150 Ft Ring Road,
Opp. Big Bazar Na Rajkot – 360005Phone: +91 28252 80634
Email: info@shreeramproteins.com
Website: http://www.shreeramproteins.com/
Shree Ram Proteins Rights Issue 2023 Registrar #
- Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Shree Ram Proteins Rights Issue 2023 Lead Manager(s) #