Shivam Autotech files Letter of Offer for ₹12,000 Lakhs Rights Issue at ₹12 per share
FUNDRAISE
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 13 Oct 2026, 08:15 PM IST · BSE ID: 00c9bfe0-2904-4146-b948-c10731de4cb7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company is offering new shares to existing shareholders to raise funds. Shareholders can buy these new shares at a set price.
🤖 AI Summary
- Shivam Autotech submits Letter of Offer for ₹12,000 Lakhs rights issue at ₹12 per share.
- 10,00,00,000 equity shares of face value ₹2 each to be issued.
- Rights issue ratio is 19 shares for every 25 shares held.
- Record date for the rights issue is October 15, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Rights Issue Size
₹12,000 Lakhs
Number of Equity Shares
10,00,00,000
Issue Price per Share
₹12
Rights Entitlement Ratio
19 Rights Equity Shares for every 25 Equity Shares
Record Date
October 15, 2026
🏢 How This Affects the Company
The rights issue aims to raise ₹12,000 Lakhs, which will bolster the company's capital. This could fund future operations or expansion, impacting the balance sheet.
The rights issue introduces dilution risk for shareholders who do not participate, as their ownership percentage will decrease if they don't subscribe.
👥 What This Means For Shareholders
✅
Action Required
Eligible shareholders must review the Letter of Offer and decide whether to subscribe to their rights entitlement by the specified deadlines.
👤
Who Is Affected
All equity shareholders as of the record date, October 15, 2026, are eligible to subscribe in the ratio of 19 rights equity shares for every 25 equity shares held.
🔍
Management Signal
Management is demonstrating intent to raise capital through equity issuance to fund business activities or growth plans.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Subscription period opening and closing dates for the rights issue.
Basis of Allotment finalization post-subscription closure.
Confirmation of capital infusion post-successful rights issue.
MEDIUM RISK
Rights issues can lead to dilution and require active decisions from shareholders.
💡 Investor Takeaway
Shivam Autotech is proceeding with its ₹12,000 Lakhs rights issue, offering 10,00,00,000 equity shares at ₹12 each to eligible shareholders by October 15, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Company is raising substantial capital of ₹12,000 Lakhs to strengthen its financial base.
- Rights issue price of ₹12 per share is clearly defined, providing transparency for investors.
⚠️ Concerns
- Rights issue involves dilution for shareholders who do not subscribe to their entitlements.
- Issue price of ₹12 is six times the face value of ₹2, implying a significant premium.
📅 Company Track Record
Shivam Autotech Limited was incorporated on July 29, 2005. The company's registered office was shifted to Haryana in 2019.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total value of the Shivam Autotech rights issue?
Shivam Autotech Limited is proposing a rights issue aggregating up to ₹12,000 Lakhs.
What is the issue price for the Shivam Autotech rights issue?
The rights equity shares are offered at an issue price of ₹12 per share.
What is the ratio for the Shivam Autotech rights issue?
The ratio for the rights issue is nineteen (19) rights equity shares for every twenty-five (25) fully paid-up equity shares held.
When is the record date for Shivam Autotech's rights issue?
The record date for determining eligible shareholders for the rights issue is Thursday, October 15, 2026.
How many shares will Shivam Autotech issue in its rights issue?
Shivam Autotech plans to issue 10,00,00,000 fully paid-up equity shares of face value ₹2 each.
Questions based on this BSE filing only. For information purposes.