|Issue Dates||15 Mar 2021 - 30 Mar 2021|
|Issue Size||Rs. 69.95 Cr.|
|Market Lot||1 Per Share|
|Terms of Payment||The Issue Price of ₹569 per Rights Equity Share shall be payable in entirety at the time of making the application.|
|Entitlement||1 Rights Equity Share for every 6 Fully Paid-up equity shares held on the Record Date|
The story of the growth of Rajapalayam is the story of the man, Shri. P.A.C.Ramasamy Raja, born in 1894 to Shri Pusapati Chinniah Raja and Smt. Chittammal. In the village of Rajapalayam he sowed the seeds of South India’s economic spring. He breathed life into the arid and indifferent land, tapped and developed the gold mine of opportunities. Under his care and guidance a sleepy village became a bustling town, a thriving municipality and finally a prosperous centre of commerce with a high literacy rate and growing employment opportunities.
His dreams for the future and his country became a reality in September 1938 as Rajapalayam Mills Ltd. Inaugurated by Shri V.V. Giri, the Honourable Labour Minister in the then Madras Presidency, it had 6800 spindles imported from England and was a major breakthrough in the industrial fortunes of Rajapalayam.
|Total Assets (In ₹ Millions)|
|Total Revenue (In ₹ Millions)||3,663.47||4,284.07|
|Profit After Tax (PAT) (In ₹ Millions)||920.68||1,044.75|
The Rajapalayam Mills Limited Rights Issue will open on 15 Mar 2021 and closes on 30 Mar 2021.
The Issue price of Rajapalayam Mills Limited Rights Issue is Rs.569.
The Issue size of Rajapalayam Mills Limited Rights Issue is Rs. 69.95 Cr.