Udaipur Cement Works Limited, a subsidiary of JK Lakshmi Cement Limited, is dedicated to the production of cement and clinker.
Situated in Udaipur, Rajasthan, the company’s manufacturing facility boasts an installed capacity of 1.50 million tonnes per annum (“MTPA”) for clinker and 2.20 MTPA for cement grinding. During the Fiscal Years concluding on March 31, 2023, and March 31, 2022, the aggregate cement production reached 1.469 MTPA and 1.305 MTPA, respectively.
Udaipur Cement Works Limited specializes in the manufacture of two distinct cement types:
- Ordinary Portland Cement (OPC), commercially known as ‘Platinum Heavy Duty Cement.’
- Portland Pozzolana Cement (PPC), the premium offering also marketed under the ‘Platinum Heavy Duty Cement’ brand.
The company efficiently distributes cement to retail customers through a robust network of dealers. Furthermore, they directly cater to institutional and bulk clients from strategically positioned distribution centers.
As of March 31, 2023, Udaipur Cement Works Limited boasts a widespread presence with over 56 distribution centers and a network of 453 dealers. These efforts contribute to the effective marketing and sales of cement, primarily within the states of Rajasthan, Gujarat, and Madhya Pradesh in India.
Udaipur Cement Works Ltd. Stock Quote #
- Open: ₹33.48
- High – Low: ₹34.24 – ₹32.50
- Previous Close: ₹33.47
- Total Traded Value: 1,14,794
- Updated On: Aug 11, 2023 4:00 PM
Udaipur Cement Works Rights Issue 2023 Detail #
| Issue Open | Jun 21, 2023 – Jul 5, 2023 |
| Security Name | Udaipur Cement Works Limited |
| Issue Size (Shares) | 249,127,853 |
| Issue Size (Amount) | ₹448.43 Crores |
| Issue Price | ₹18 per share |
| Face Value | ₹4 per share |
| Listing At | BSE |
| Terms of Payment | The full amount is payable on application. |
| Entitlement | 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
Udaipur Cement Works Rights Issue 2023 Issue Timetable #
| Last Date to buy shares | Jun 13, 2023 |
| Record Date | Jun 14, 2023 |
| Credit of Rights Entitlements | Jun 20, 2023 |
| Bid/Offer Opens On | Jun 21, 2023 |
| Renunciation of Rights Entitlements | Jun 30, 2023 |
| Bid/Offer Closes On | Jul 5, 2023 |
| Deemed Date of Allotment | Jul 13, 2023 |
| Credit Date | Jul 14, 2023 |
| Listing Date | Jul 17, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Reserves and Surplus |
|---|---|---|---|---|
| 31-Mar-22 | 1,428.62 | 881.10 | 48.66 | 171.72 |
| 31-Mar-23 | 1,795.34 | 1,032.26 | 35.86 | 223.73 |
| Amount in ₹ Crore | ||||
Objects of the Issue: #
The company intends to utilize the net proceeds from the issue to partially finance the expansion and development of the Udaipur Manufacturing Plant.
Udaipur Cement Works Rights Issue 2023 Documents #
Company Contact Information #
Shripati Nagar, CFA,
P.O. Dabok,
Udaipur 313 022Phone: +91 294 265 5076
Email: ucwl.investors@jkmail.com
Website: http://www.udaipurcement.com
Udaipur Cement Works Rights Issue 2023 Registrar #
- Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: udaipur.rights@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
