Davangere Sugar Company Rights Issue Details 2025
Last updated August 22, 2026
This IPO News reference page covers “Davangere Sugar Company Rights Issue Details 2025”. The page is organized around davangere sugar company limited rights issue details, davangere sugar company limited rights issue dates, davangere sugar company limited rights issue objective, davangere sugar company limited financial information (restated consolidated), about company. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Davangere Sugar Company Limited Rights Issue Details
- Davangere Sugar Company Limited Rights Issue Dates
- Davangere Sugar Company Limited Rights Issue Objective
- Davangere Sugar Company Limited Financial Information (Restated Consolidated)
- About Company
- Company Address
- Davangere Sugar Company RI Registrar
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- The entire issue price of Rs 3.05 is payable on the application.
- The company intend to utilize the gross proceeds raised through the Issue (the “Gross Proceeds”) after deducting the Issue related expenses (“Net Proceeds”) for the following objects:
- Adjustment of Unsecured Loans of the Promoter through conversion of the outstanding Loan to Equity against their Rights Entitlement;
- Davangere Sugar Company Limited's revenue decreased by 1% and profit after tax (PAT) dropped by 11% between the financial year ending with March 31, 2025 and March 31, 2024.
- It generates 54% of its revenue from sugar production segment, followed by renewable energy with 36%, by-product molasses with 7.7% and rest from other segments.
Data Tables
| Issue Size (Shares) | 48.92 Cr Shares |
|---|---|
| Issue Size (Amount) | ₹149.22 Cr |
| Face Value | ₹1 Per Share |
| Issue Price | ₹3.05 per share |
| Record Date | 6th Aug 2025 |
| Listing At | BSE, NSE |
| BSE Code | 543267 |
| NSE Code | DAVANGERE |
| Letter of Offer | |
| Online Application (Registrar & Transfer Agent) | |
| Entitlement | 13 Rights Equity Share(s) for every 25 fully paid-up Equity Shares held on Record Date |
| Terms of payment | The entire issue price of Rs 3.05 is payable on the application. |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Total Income | 214.99 | 216.53 |
| Profit After Tax | 10.83 | 12.24 |
| Net Worth | 195.04 | 185.21 |
| Reserves and Surplus | 100.96 | 91.12 |
| Amount in ₹ Crore |
Source record: View original public source ↗