Shivam Autotech Ltd Submits Letter of Offer for ₹12,000 Lakhs Rights Issue
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 13 Oct 2026, 07:51 PM IST · BSE ID: cc47851f-e9c8-4b0b-9e71-74993e747172
View Original BSE Filing (PDF)
💡
In Simple Terms
The company is asking its current shareholders to buy more shares at a set price to raise money.
🤖 AI Summary
- Shivam Autotech submits Letter of Offer for Rights Issue to raise ₹12,000 Lakhs.
- Issue price set at ₹12 per fully paid-up equity share of face value ₹2.
- Rights are offered in a ratio of 19 new shares for every 25 existing shares.
- Record date for determining eligible shareholders is October 15, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Rights Issue Size
₹ 12,000 Lakhs*
Number of Rights Equity Shares Offered
UPTO 10,00,00,000*
Face Value per Equity Share
₹ 2
Issue Price per Equity Share
₹ 12
Rights Ratio
19 Rights Equity Shares for every 25 Equity Shares
Record Date
October 15, 2026
Issue Opening Date
October 22, 2026
Issue Closing Date
November 19, 2026
🏢 How This Affects the Company
The rights issue aims to raise substantial capital, ₹12,000 Lakhs, which will impact the company's cash reserves and potentially alter its debt-equity ratio.
👥 What This Means For Shareholders
✅
Action Required
Eligible shareholders must review the Letter of Offer and decide whether to subscribe to the rights entitlement or renounce them before the issue closing date.
👤
Who Is Affected
Existing equity shareholders as of the record date, October 15, 2026, are eligible to subscribe for new equity shares in a 19:25 ratio.
🔍
Management Signal
Management is seeking to raise significant capital from existing shareholders, indicating a need for funding for future growth or operations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Observe subscription levels for the ₹12,000 Lakhs rights issue.
Check for updates on the utilization of funds raised from the issue.
Monitor any board decisions regarding future corporate actions post-fundraise.
MEDIUM RISK
Rights issues involve capital calls on existing shareholders and market acceptance of the issue price and terms.
💡 Investor Takeaway
Shivam Autotech's ₹12,000 Lakhs rights issue is proceeding, with an issue price of ₹12 per share, offered at 19:25 ratio for eligible shareholders.
⚖️ Strengths & Concerns
✅ Positives
- Aims to raise ₹12,000 Lakhs, providing significant capital infusion for business activities.
- Issue price of ₹12 per share is six times the equity share face value of ₹2.
⚠️ Concerns
- The issue requires existing shareholders to invest more capital to maintain their proportional ownership.
- The ratio of 19 rights shares for every 25 existing shares means significant dilution if not fully subscribed.
📅 Company Track Record
Shivam Autotech Limited was incorporated on July 29, 2005. The company has previously announced its intention to raise funds via a rights issue multiple times in 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is Shivam Autotech Ltd's total rights issue size?
Shivam Autotech Ltd's rights issue aims to raise up to ₹12,000 Lakhs.
What is the issue price for Shivam Autotech Ltd's rights shares?
The issue price for the rights equity shares is ₹12 per share.
What is the ratio for Shivam Autotech Ltd's rights issue?
The rights issue is offered in the ratio of nineteen (19) rights equity shares for every twenty-five (25) fully paid-up equity shares held.
When is the record date for Shivam Autotech Ltd's rights issue?
The record date to determine eligible shareholders for Shivam Autotech Ltd's rights issue is Thursday, October 15, 2026.
When does the Shivam Autotech Ltd rights issue close?
The Shivam Autotech Ltd rights issue is scheduled to close on Thursday, November 19, 2026.
Questions based on this BSE filing only. For information purposes.