Right Issue Status: Closed [6th May 2021 to 2nd Jun 2021]

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Sundaram Finance Ltd Right Issue Objective

Sundaram Finance Holdings Ltd will utilize the net proceeds from the right issue for the following purposes:

  • Financing of acquisition of additional shareholding in BIPL from ZF.
  • To meet general corporate purposes.

Sundaram Finance Ltd Right Issue Details

Sundaram Finance Ltd Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Sundaram Finance Ltd Right Issue Details
Sundaram Finance Ltd Issue Details Values
Category RightIssue
Right Issue Issue Size(Shares) 7,10,00,000 Eq Shares
Right Issue Issue Size(Amount) ₹355 cr
Face Value ₹5 Per Equity Share
Right Issue Issue Price ₹50
Right Issue Record Date 27th Apr 2021
Right Issue Entitlement 23 right issues for every 49 shares held on the Record Date
Right Issue Terms of payment Full amount of Rs. 50 is payable on application.
Listing At NSE
BSE Code

Sundaram Finance Ltd Financials

Past performance and financial results of Sundaram Finance Ltd.

Sundaram Finance Ltd financial
Sundaram Finance Holdings Ltd Financials 31-Mar-2020 31-Mar-2019
Total Assets ₹192208.90 Lakh ₹245251.83 Lakh
Total Income ₹9846.85 Lakh ₹10265.23 Lakh
Net Profit/Loss ₹7813.49 Lakh ₹ 13746.23 Lakh

Sundaram Finance Ltd Right Issue Strengths

  • The company has trusted brand name.
  • Robust track record of financial performance.
  • The company has presence across automotive manufacturing value chain.
  • Highly experienced managerial team.

Sundaram Finance Ltd Right Issue Threats/Weaknesses

  • The company’s operations are adversely hit by the Covid-19 outbreak.
  • The revenue dependency on a limited number of portfolio companies.
  • Difficulty in executing strategies including the companys expansion plans.

Sundaram Finance Ltd Right Issue Important Dates

In this section we have covered all important dates related to Sundaram Finance Ltd Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

Sundaram Finance Ltd Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 6th May 2021
Right Issue Issue Close Date 2nd Jun 2021
Basis of Allotment Finalisation Date* 9th Jun 2021
Refunds Initiation* 10th Jun 2021
Credit of Shares to Demat Account* 11th Jun 2021
Right Issue Listing Date* 15th Jun 2021

* - Tentative Dates

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Sundaram Finance Ltd Right Issue Offer Document (Letter of Offer) >>Document

Sundaram Finance Ltd Right Issue Online Application (Registrar & Transfer Agent) >>Sundaram Finance Ltd Right Issue RTA information is not yet available.

Company Address

Sundaram Finance Holdings Limited
21, Patullos Road
Chennai,Tamil Nadu-600 002
Website: www.sundaramholdings.in
Phone: +91-44-2852-1181
Email: [email protected]


Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: http://www.linkintime.co.in
Phone: +91-22-4918 6270

Lead Manager

Sundaram Finance Ltd Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Sundaram Finance Ltd? Should I apply in Sundaram Finance Ltd Right Issue?

Last Updated on 2021-06-21T16:15:56+00:00

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