Sandur Manganese Rights Issue 2022 

Sandur Manganese Rights Issue 2022
Sandur Manganese Rights Issue 2022

Sandur Manganese Rights Issue 2022: Manganese was discovered in the Sandur hills as early as in 1838, Sandur Manganese is one of India’s most integral diversified and integrated commodity producers. Their businesses have since expanded to cover mining, downstream facilities of ferroalloy & power, solar power, and hospitality.

SMIORE NEXT will be focusing on expanding and upgrading the operations for manganese and iron ore, along with establishing further downstream facilities to produce steel in phases. This expansion will enable to add value to both manganese and iron ores produced at its mines.

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Sandur Manganese Rights Issue 2022

Sandur Manganese Rights Issue date is not fixed yet, also record date is not fixed yet. The entitlement ratio is 2:1, 2 right shares for every 1 fully-paid equity shares held on the record date. Check out Sandur Manganese’s rights issue details on GMP OF IPO.

Sandur Manganese Rights Issue 2022 Dates

Rights Issue Open: 2022
 Rights Issue Close: 2022
 Rights Record Date: 2022
 Deemed Date of Allotment 2022
 Renunciation of Rights Entitlements 2022

Sandur Manganese Rights Issue Offer Details

Rights Issue Size: Approx ₹18 Crores 
 Price Band: ₹- Per Equity Share
 Face Value: ₹10 Per Equity Share
 Listing on: BSE & NSE
 Entitlement Ratio:  2:1 (2 rights share for every 1 shares)
 Equity: 1,80,03,882 Equity Share
 Live Share Price: Click Here

Sandur Manganese Rights Issue Form & How to Apply

How to apply the Sandur Manganese rights issue? You can check Sandur Manganese rights issue details on click here. You can apply the Sandur Manganese rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.

Sandur Manganese Financial Reports ( ₹ in Crores )

YearRevenueExpensePAT
2019₹720₹493₹142.42
2020₹597₹403₹147.39
2021₹764₹488₹153.93

Sandur Manganese Company Address:

Sandur Manganese and Iron Ores Limited
‘SATYALAYA’, DOOR NO.266 (OLD NO.80),
BEHIND TALUKA OFFICE, WARD NO.1,
PALACE ROAD, SANDUR -583 119,
BALLARI DISTRICT, KARNATAKA,
TELEPHONE: +91 8395260301
FAX: +91 8395260473
Email ID: [email protected]
Website: https://www.sandurgroup.com/

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