Welspun Specialty Solutions Rights Issue Details, Subscription Status

Welspun Specialty Solutions Rights Issue has been one of the hot topics buzzing in the market.. Welspun  Specialty Solutions plans to raise Rs 349.86 cr with a total of 13,25,22,289 shares. Welspun  Specialty Solutions Rights issue price is Rs 26.4 per share with a face value of Rs 10 per share.

Welspun  Specialty Solutions Rights Issue open date is on March 10, 2025, and the closing date is on March 19, 2025.  The entitlement ratio for Welspun Specialty Solutions Rights issue is 1:4, where 1 Rights Equity Share(s) is for every 4 fully paid-up Equity Shares held on Record Date.

The Rights Issue of Welspun Specialty Solutions record date is March 1, 2025. It means the last date to buy shares of Welspun Specialty Solutions to participate in the Rights issue is March 1, 2025. The subscription status of the Rights Issue will be available after the closing date of the Rights Issue.

The Welspun Specialty Solutions Rights Issue Allotment date is not yet clear. Meanwhile, the credit date of the rights and listing date is not yet clear. The listings of the Rights Equity Shares will be on the BSE platform.

Welspun Specialty Solutions Rights Issue book-running lead manager is Systematic Corporate Services Limited. Meanwhile, the Registrar for the Welspun  Specialty Solutions Rights Issue is Bigshare Services Private Limited.

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Welspun Specialty Solutions Rights Issue Detail 

Welspun Speciality Solutions plans to issue 13,25,22,289 shares amounting to Rs 349.86cr. The Welspun Specialty Solutions Rights issue price is Rs 26.4 per share.  The Rights Issue entitlement ratio is 1:4, where 1 Rights Equity Share is for 4 fully paid-up equity share(s).

Welspun Specialty Solutions Rights Issue Date

Welspun Specialty Solutions Rights Issue subscription status can be seen after the issue date ends. The details of the Rights issue entitlement are 1 Rights Equity share(s) for every 4 fully paid-up Equity share(s) held on the record date. The offer price for the Welspun  Specialty Solutions Rights Issue is Rs 26.4 per share.

Welspun  Specialty Solutions Speciality Solution: About The Company

Welspun  Specialty Solutions Specialty Solutions Ltd., established in 1980, is an Indian business with its base in Bharuch, Gujarat, known for the production of quality steel products, such as billets, rolled bars, and seamless pipes. Serving key industries like oil and gas, it utilises sophisticated technology and manpower expertise to ensure precision and ruggedness in products.

As of February 28, 2025, its market capitalisation stood at  Rs2,067.35 crore, with share prices ranging from Rs 30.68 to Rs 58.90 last year. Despite occasional financial troubles, the company has shown profitability. It is currently seeking growth through a rights issue, with an aim to raise Rs 349.86 crore to support its operations and market standing.

Welspun  Specialty Solutions Rights Issue status will be available after the issue goes live. The offer price for Welspun  Specialty Solutions Rights Issue is Rs 26.5. Meanwhile, the details of Rights Issue entitlement are 1 Rights Issue share for 4 fully paid-up Equity Shares.

Welspun  Specialty Solutions Limited Financials

Welspun Specialty Solutions Rights Issue Registrar

Welspun  Specialty Solutions registrar is BigShares Services  Private Limited. The book-running lead manager(s) on this rights issue is Systematic Corporate Services Limited.

FAQ

1. What are the details of the Welspun  Specialty Solutions Rights Issue?

Welspun  Specialty Solutions Rights Issue details are as follows: Welspun  Specialty Solutions is planning to raise Rs 349.86cr and plans to issue 13,25,22,289 shares. Welspun  Specialty Solutions Rights Issue price is Rs 26.4 per share. The entitlement ratio of the Rights issue is 1:4, which is 1 Rights Equity Share for every 1 fully paid-up equity share.

2. What is the open date and close date of the Welspun  Specialty Solutions Rights Issue?

Welspun  Specialty Solutions Rights Issue's open date is  March 10, 2025, and the losing date is March 19, 2025. Welspun  Specialty Solutions Rights Issue record date is March 1, 2025. The last date to buy shares of IEL is February 28, 2025.

3. How can I apply for the Welspun  Specialty Solutions Rights Issue?

You can apply for Welspun  Specialty Solutions 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 Welspun Specialty Solutions Rights Issue?

Welspun Specialty Solutions rights issue entitlement ratio is 1:4, which is 1 Rights Equity Share(s) for every 4 fully paid-up equity share(s).

5. How can I check the Welspun Specialty Solutions Issue Allotment Status?

The registrar for this upcoming rights issue is Bigshares Services Private Limited. Investors can check the allotment status by visiting the registrar's here.

6. What is the listing date of the IEL Rights Issue?

The IEL Rights Issue listing date is not available yet. However, the listing will be at BSE.

7. Who are the registrar and lead managers of the IEL Rights Issue?

Welspun Specialty Solutions registrar is Bigshares Services Private Limited. Whereas the book-running lead manager(s) of this rights issue is Systematic Corporate Services Limited.

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