Sumeet Industries Rights Issue 2026 Details, Record Date, Issue Price

Sumeet Industries Rights Issue details are now available. The firm plans to issue 16,84,24,218 equity shares amounting to ₹199.75 crores. Sumeet Industries Rights issue price is ₹11.86 per share, and the face value is ₹2 per share.

Sumeet Industries Rights Issue open date is June 22, 2026 and the closing date is July 20, 2026. Sumeet Industries rights issue entitlement ratio is 8:25, which is 8 Rights Equity Share(s) for every 25 fully paid-up Equity Share(s) held on the record date.

Sumeet Industries Rights Issue record date is June 12, 2026. The last date to buy shares of Sumeet Industries is June 11, 2026. However, this rights Issue subscription status will be available soon.

Sumeet Industries Rights Issue allotment date is July 21, 2026, credit date is July 22, 2026, and the listing date is July 22, 2026. However, the listing will be on the BSE and NSE. Sumeet Industries rights issue registrar is Bigshare Services Private Limited.

Sumeet Industries Rights Issue Details

Sumeet Industries Rights Issue details are as follows: the company plans to issue 16,84,24,218 equity shares, aggregating the amount of ₹199.75 crores. Sumeet Industries Rights issue price is ₹11.86 per share. The rights issue entitlement ratio is 8:25, which is 8 Rights Equity Share(s) for every 25 fully paid-up Equity Share(s).

Sumeet Industries Rights Issue Dates

Sumeet Industries Rights issue record date is June 12, 2026 and the last date to buy shares of Sumeet Industries is June 11, 2026.

Sumeet Industries Rights Issue Subscription

Sumeet Industries Rights Issue subscription status will be available after the issue goes live. The details of the Rights Issue entitlement are 8 Rights Equity Share(s) for every 25 fully paid-up Equity Share(s) held on the Record Date. Sumeet Industries issue price is ₹11.86 per share.

Sumeet Industries Limited: About the Company

Sumeet Industries Limited, incorporated on August 1, 1988 by Shankarlal Sitaram Somani, operates as a polyester yarn and chips manufacturer from its integrated facility in Surat, Gujarat. Formerly known as Sumeet Synthetics Limited until 1996, the company began as a yarn manufacturing unit and now produces over 103,842 tons annually of Pet Chips, Polyester Yarn (POY and FDY), Polyester Texturised Yarn (PTY), and Carpet Yarn for domestic and international markets.

The company exports to Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethiopia, Mexico, Nepal, Brazil, Peru, Algeria, Thailand, USA, Singapore, and Turkey while maintaining an annual turnover of Rs. 1,200 Crores. With 89.8% promoter holding and a market cap of Rs. 1,547 Crores, Sumeet Industries focuses on creating customer value through environmental responsibility and investing in new products and solutions. Its authorized capital stands at ₹175 Crores with paid-up capital of ₹133.27 Crores, led by 7 directors at its Ring Road, Surat headquarters.

Sumeet Industries Limited Financials

(Amount in ₹crore)

FAQs

1. What are the details of the Sumeet Industries Rights Issue?

Sumeet Industries Rights Issue details are as follows: Sumeet Industries plans to issue 16,84,24,218 equity shares amounting to ₹199.75 crores. Sumeet Industries Rights issue price is ₹11.86 per share, and the face value is ₹2 per share. The rights issue entitlement ratio is 8:25, which is 8 Rights Equity Share(s) for every 25 fully paid-up Equity Share(s).

2. Sumeet Industries Rights Issue open date and close date?

Sumeet Industries Rights Issue's open date is June 22, 2026, and the closing date is July 20, 2026. Sumeet Industries Rights Issue record date is June 12, 2026. The last date to buy shares of Sumeet Industries is June 11, 2026.

3. How can I apply for the Sumeet Industries Rights Issue?

You can apply for Sumeet Industries in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Sumeet Industries Rights Issue?

Sumeet Industries rights issue entitlement ratio is 8:25, which is 8 Rights Equity Share(s) for every 25 fully paid-up Equity Share(s).

5. How can I check the Sumeet Industries Issue Allotment Status?

The registrar for the Sumeet Industries rights Issue is Bigshare Services Private Limited, Investors can check the allotment status by visiting the registrar's website.

6. From where can I get the Sumeet Industries Rights Issue Letter of Offer?

You can download the Sumeet Industries Rights Issue Letter of Offer from here.

7. What is the listing date of the Sumeet Industries Rights Issue?

The Sumeet Industries Rights Issue listing date July 22, 2026. However, the listing will be on the BSE and NSE.