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Convertible Warrants

Surani Steel Tubes Convertible Warrants

Surani Steel Tubes' Committee revised the warrant allottee list and approved an EGM corrigendum. The Rs. 99.96 Crore FCCB issue terms remain unchanged.

Key figures
Value₹99.96 Cr
Source

NSE filing, NSE: SURANI. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Surani Steel Tubes Ltd: key numbers

Share price
₹131.00
Market cap
₹203.7 Cr
Revenue (annual)
₹92.28 Cr
Net profit (annual)
₹4.02 Cr
P/E (TTM)
50.7×Sector 16.7×
Promoter holding
30.84%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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19:29 IST NSE
Fund Raise

Surani Steel Tubes Fund Raise of ₹99.96 Cr

Surani Steel Tubes approved a preferential issue of 98 lakh warrants at Rs. 102 each, raising up to Rs. 99.96 Crore to support business growth.

Value
₹99.96 Cr
19:40 IST NSE
Fund Raise

Surani Steel Tubes Fund Raise of ₹85 Cr

Surani Steel Tubes Limited board approved a fundraise of up to Rs. 85 Crore via preferential issue of fully convertible warrants. An EGM is scheduled for October 30.

Value
₹85.00 Cr

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