Founded in 1987, Shree Rama Multi-Tech Limited is a notable provider of primary packaging solutions across diverse sectors including oral care, pharmaceuticals, cosmetics, and fast-moving consumer goods (FMCG).
The company specializes in the fabrication of various packaging products, notably laminated tubes (“Lami Tubes”), tube laminates, and flexible laminates.
Operating from their manufacturing facility located in Moti Bhoyan, Dist. Gandhinagar, Gujarat, Shree Rama Multi-Tech Limited possesses a substantial production capacity. This includes the ability to manufacture a noteworthy 9,574 Lakhs Nos. of Lami Tubes annually, alongside 15,000 metric tons of laminates (both tube and flexible).
With a client roster comprising medium and large-scale manufacturers in the oral care, pharmaceuticals, cosmetics, and FMCG sectors, Shree Rama Multi-Tech’s reach extends not only within India but also globally. Their products are sought after by businesses spanning countries such as Belarus, Bulgaria, Indonesia, Nepal, Saudi Arabia, Singapore, Switzerland, Sri Lanka, Slovenia, Tanzania, Tunisia, UAE, and the USA.
Shree Rama Multi-tech Ltd. Stock Quote #
- Open: ₹15.40
- High – Low: ₹15.40 – ₹15.40
- Previous Close: ₹12.85
- Total Traded Value: 9,50,648
- 52 Weeks High: ₹17.95 (Jul 20, 2023)
- 52 Weeks Low: ₹7.19 (Mar 31, 2023)
- Updated On: Jun 30, 2023 4:00 PM
Shree Rama Multi-Tech Rights Issue 2023 Detail #
| Issue Open | Jun 12, 2023 – Jun 26, 2023 |
| Security Name | Shree Rama Multi-Tech Limited |
| Issue Size (Shares) | 70,000,000 |
| Issue Size (Amount) | ₹63.00 Crores |
| Issue Price | ₹9 per share |
| Face Value | ₹5 per share |
| Listing At | BSE, NSE |
| Terms of Payment | The full amount of the Issue Price being ₹ 9 will be payable on application. |
| Entitlement | 11 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
Shree Rama Multi-Tech Rights Issue 2023 Issue Timetable #
| Last Date to buy shares | May 29, 2023 |
| Record Date | May 30, 2023 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | Jun 12, 2023 |
| Renunciation of Rights Entitlements | Jun 21, 2023 |
| Bid/Offer Closes On | Jun 26, 2023 |
| Deemed Date of Allotment | Jul 10, 2023 |
| Credit Date | Jul 12, 2023 |
| Listing Date | Jul 13, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 120.82 | 131.00 | 21.06 | 24.25 | |
| 31-Mar-21 | 115.79 | 136.00 | 3.43 | 27.87 | -3.50 |
| 31-Mar-22 | 124.50 | 150.74 | -4.92 | 23.11 | -8.25 |
| Amount in ₹ Crore | |||||
Objects of the Issue: #
The company intends to utilize the net proceeds raised through the issue towards the following objects:
a. Repayment of certain outstanding borrowings including redemption of non-convertible debentures; and
b. General corporate purposes.
Shree Rama Multi-Tech Rights Issue 2023 Documents #
Company Contact Information #
18, Corporate House,
Opp. Dinesh Hall,
Navrangpura, Ahmedabad – 380 009Phone: +91 79 2754 6800
Email: cslegal@srmtl.com
Website: http://www.srmtl.com
Shree Rama Multi-Tech Rights Issue 2023 Registrar #
- Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: srmtl.rights@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
