Jyoti Structures Limited, a leading EPC solutions provider in the power transmission and distribution sector, has announced its rights issue, which will open on February 17, 2025, and close on March 3, 2025. The record date for eligibility has been set as February 10, 2025.
Investors will have the opportunity to subscribe at ₹16 per share, with the company offering a total of 31,19,35,216 equity shares, amounting to ₹499.10 Crores. The entitlement ratio for existing shareholders is 9:26, meaning they can apply for 9 rights shares for every 26 fully-paid equity shares held on the record date.
Established in 1974, Jyoti Structures Limited specializes in providing end-to-end EPC services for power transmission and distribution networks, handling projects up to 765 kV, including HVDC transmission lines and substations. Their expertise spans conceptualization, route selection, engineering, prototype testing, fabrication, procurement, and complete project execution, ensuring seamless delivery from inception to commissioning.
Serving both government and private power utilities in India and globally, the company operates in the B2B segment, catering to the evolving demands of the power infrastructure sector. Over the years, Jyoti Structures has successfully executed projects and supplied products to clients across various international markets, including the USA, UK, Canada, France, South Africa, and several other countries in Africa, the Middle East, and Asia.
Overview of Contents
Jyoti Structures Rights Issue 2025 Offer Details
| Details | Information |
|---|---|
| Subscription Period | February 17, 2025 - March 3, 2025 |
| Company Name | Jyoti Structures Limited |
| Total Shares Offered | 31,19,29,934 Equity Shares |
| Issue Value | ₹499.09 Crores |
| Offer Price Per Share | ₹16 |
| Nominal Value | ₹2 per Equity Share |
| Stock Exchange Listing | BSE, NSE |
| Allotment Ratio | 9 shares for every 26 fully paid-up shares held |
| Payment Terms | As per issue guidelines |
| Total Issue Size | Approx ₹499.10 Crores |
| Price Band | ₹16 per share |
| Stock Exchanges | BSE, NSE |
| Total Equity Post-Issue | 31,19,35,216 Equity Shares |
| Letter of Offer | Click here |
Jyoti Structures 2025 Rights Issue Schedule
| Opening Date for Subscription | February 17, 2025 |
| Closing Date for Subscription | March 3, 2025 |
| Eligibility Cut-Off (Record Date) | February 10, 2025 |
| Last Trading Day to Qualify | February 7, 2025 |
| Deadline for Rights Entitlement Transfer | February 25, 2025 |
| Expected Share Allotment Date | 2025 |
Jyoti Structures Financial Overview
| Financial Metrics | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Total Assets (₹ Crore) | 2,340.12 | 2,285.42 | 2,193.02 |
| Total Revenue (₹ Crore) | 463.02 | 231.07 | 5.44 |
| Net Profit / Loss (₹ Crore) | 28.86 | -4.07 | -42.47 |
| Reserves & Surplus (₹ Crore) | -139.13 | -98.4 | 25.67 |
How to Apply for Jyoti Structures Rights Issue 2025
Investors can subscribe to the Jyoti Structures Rights Issue 2025 using the following methods:
Through Net Banking (ASBA):
- Apply via your bank’s internet banking portal under the ASBA (Application Supported by Blocked Amount) section.
- Select Jyoti Structures Rights Issue and enter the required details.
- Funds will be blocked in your account until allotment.
Via Registrar’s Website (R-WAP):
- Visit the official website of the issue registrar.
- Access the R-WAP (Rights Issue Web-based Application Platform) facility.
- Fill out the application form and make an online payment.