Let’s have a detailed review of the company and analytics of the ASM Technologies Rights Issue offer open date, Term of payment, ASM Technologies Limited Rights Issue Entitlement, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 10
Issue PriceRs [●]
Listing AtBSE
Min. Lot Size[●] Eq Shares
Record Date[●]
Issue Size (Rs.)Rs [●] Lakhs
Shares for Issue[●] Eq Shares
Rights entitlement[●]

ASM Technologies Rights Issue is listed at BSE. Check out the live share price by clicking on the below link.

ASM Technologies Share Price – Live Performance

ASM Technologies Rights Issue – Summary

ASM Technologies Rights IssueTheir Company was originally incorporated as ‘Advanced Synergic Microsystems Limited’ on August 10, 1992, as a public limited company under the Companies Act, 1956 with the Registrar of Companies, Karanataka at Bangalore.

Subsequently, pursuant to a special resolution passed in an annual general meeting dated September 29, 2000, the name of their Company was changed to its current name; i.e. ‘ASM Technologies Limited’, and a fresh certificate of incorporation consequent on the name change was issued to their Company by the Registrar of Companies, Karnataka at Bangalore.

The Promoter of this company is RABINDRA SRIKANTAN, PREETI RABINDRA, NIKHIL RABINDRA, AKHIL RABINDRA AND IDS SYSTEMS LLP. The lead manager to the issue is SAFFRON CAPITAL ADVISORS PRIVATE LIMITED, and the Registrar to this issue is KFIN TECHNOLOGIES PRIVATE LIMITED.


ASM Technologies Rights Issue Date

The opening and the closing date of the IPO of ASM Technologies Limited are [●] and [●] respectively.


ASM Technologies Rights Issue Allotment Status

Here, you can find the Allotment Status of this Right Issue.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

ASM Technologies Rights Issue Dates

Find the dates below on basis of allotment, record, listing, and more:

Issue Opening Date
[●]
Last date for on-market renunciation of rights / Date of closure of trading of Rights Entitlements[●]
Issue Closing Date[●]
Finalizing the basis of allotment with the Designated Stock Exchange[●]
Record date[●]
Date of Allotment[●]
Credit of Shares to Demat Account[●]
Share Listing Date[●]

ASM Technologies Rights Issue Price

The face value of each share is Rs.10, but the Cash Price is Rs.[●] per Eq share. 


ASM Technologies Rights Issue Equity Size

This Initial Public Issue of X Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs [●] Lakhs.


ASM Technologies Rights Issue – Live Performance

The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – ASM Technologies Share Price

ASM Technologies Rights Issue – Company Overview

Their Company made its initial public offering in the year 1994, of 18,50,000 Equity Shares of ₹ 10 each at par aggregating to ₹ 1,85,00,000 and listed its Equity Shares on BSE.

Established in 1992, ASM Technologies Limited is a public listed company (BSE: ASMTEC | 526433) in India with a global presence in the USA, Singapore, UK, Canada, Mexico, and Japan. With over two decades of experience, their company specializes in the areas of engineering services, product ER&D with successful offshore development. Their Company also has support centres in India and overseas.

They specialize in planning, designing, and engineering complex hi-tech systems for the semiconductors and electronics industry, and the transportation and healthcare sector.

Their expertise in Servers and Storage extends from scalability testing, test automation, and server interoperability testing for servers to device development, command and functional testing, and application and benchmark testing for storage devices. They are also focused on developing industry-leading solutions in Software-Defined Storage.


ASM Technologies Rights Issue – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

Amount (in INR & Millions)
31-Mar-2131-Mar-20
Total Assets794.45468.74
*Total Revenue1,406.42961.43
Total Expense1,268.94942.78
Profit After Tax94.332.13

Earnings per Equity Share (in Lakhs)

31-Mar-2131-Mar-20
Basic8.600.70
Diluted8.600.70

ASM Tech Rights Issue – Promoters

The Promoters of this company are:

  1. RABINDRA SRIKANTAN,
  2. PREETI RABINDRA,
  3. NIKHIL RABINDRA,
  4. AKHIL RABINDRA
  5. IDS SYSTEMS LLP

List of Related Parties (Key Managerial Personnel)

  • Vikram Ravindra Mamidipudi, Chairperson and Independent Director
  • Rabindra Srikantan, Managing Director
  • Muthuswami Lakshminarayan, Independent Director
  • Preethi Rabindra, Non – Independent and Non-Executive Director
  • Shekhar Viswanathan, Independent Director
  • Ramesh Radhakrishnan, Non – Independent and Non-Executive Director

ASM Technologies Rights Issue Details

 ParticularsDetails of Equity Shares
Equity Shares proposed to be issuedUp to [●] Equity Shares
Rights Entitlement[●]
Record Date[●]
Issue Price per Rights Equity SharesRs.[●]/-
Issue SizeUp to [●]  Equity Shares of the face value of Rs 10 each for cash at a price of Rs [●] per Rights Equity Share up to the amount of Rs [●] Lakhs
Equity Shares issued, subscribed, and paid up prior to the Issue1,00,00,000 Equity Shares
Equity Shares subscribed and paid up after the IssueUp to [●] Equity Shares

ASM Tech Rights Issue Object

Their Company proposes to utilize the Net Proceeds towards funding the following objects:

1. To meet working capital requirements of their Company; and
2. General corporate purposes.

ASM Technologies – Business Strategy

  • Continue to invest in and develop their technological capabilities
  • Selectively Pursue Strategic Acquisitions
  • Attract, develop and retain skilled employees to sustain their service quality and customer experience
  • Widening their customer base by entering into new geographies
  • Improving operational efficiencies

ASM Technologies Rights Issue Lead Managers

Lead Managers
SAFFRON CAPITAL ADVISORS PRIVATE LIMITED
605, Center Point, 6th floor, J. B. Nagar, Andheri Kurla Road
Andheri (East), Mumbai – 400 059,
Maharashtra, India.
Telephone: +91 22 4082 0906
Facsimile: +91 22 4082 0999
E-mail: rights.issue@saffronadvisor.com
Website: www.saffronadvisor.com
Investor grievance: investorgrievance@saffronadvisor.com
Contact Person: Varsha Gandhi
SEBI Registration Number: INM 000011211
Validity of Registration: Permanent

ASM Technology Issue Registrar to offer

Registrar to the Offer
KFIN TECHNOLOGIES PRIVATE LIMITED
Selenium Tower – B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad 500 032
Telangana, India.
Tel: +91 40 6716 2222/ /+91-40-7961 1000
Email: asmltd.rights@kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
SEBI Registration Number: INR000000221

ASM Technology Issue Details

  • Statutory Auditor – M/s. B.K. Ramadhyani & Co., LLP, Chartered Accountants
  • Legal Counsel to the Company – NA
  • Bankers to the Company – NA


Subscribe to ASM Technologies Rights Issue

    Fill Your Details Here


    ASM Technologies Limited Rights Issue News

    News 1 – ASM Rights Issue Draft Download

    News 2 –  ASM Rights Issue Letter of Offer


    ASM Technologies Rights Issue Review FAQs

    Where to download the A S M Rights Issue letter of offer?

    This page is the perfect hub for shareholders, which wish to pursue the option of buying additional ASM Technologies Company shares. You will find a news section towards the end of the page, and the link which would redirect you to the letter of offer.

    Where to download the Application Form for A S M Rights Issue?

    Application forms of A S M Technologies Rights Issue can be obtained via multiple destinations. You can seek out the exchange or company or the registrar’s official websites. Furthermore, you may download the form, fill it up, and then choose the either online or offline mode to submit it.

    How to check the ASM Technologies Rights Issue allotment date?

    They are highly oriented to provide you with end-to-end details of the ASM Technologies Rights Issue. Hence, they urge you to check out the page precisely for the allotment date. They will find a sub-section on the page, namely Rights Issue Dates, which features all necessary dates.

    What is the ASM Technologies Rights Issue price per share?

    Rights issue is generally an offer made to shareholders at a price lower than the market price. Hence, as per the offer made in the Letter of Offer, the company proposes to sell shares at Rs.NA per Equity Share through ASM Technologies Rights Issue.

    Who is the registrar to ASM Technology Rights Issue?

    Registrar, as chosen by ASM Technologies is KFIN TECHNOLOGIES PRIVATE LIMITED. You can refer to this article which furthermore contains all the details of the registrar. Scroll towards the end of the page to find the registrar’s address, contact person, and email id information.

    When the ASM Technology Rights Issue is opening?

    They collected all the scattered data from the Letter of Offer for their readers, to make it easy for them to easily locate the required details. As per the offer stated, the ASM Tech Rights Issue is all set to open on NA.

    When the ASM Technologies Rights Issue is closing?

    While the offer would open on NA, it is most likely scheduled to close on NA. This would be the last day you can bid for the shares, being an eligible shareholder. Check the article for more insights on the ASM Technologies Rights Issue.

    What is the ASM Technologies Issue size?

    ASM Technology Rights Issue is a proposal to raise NA Equity shares, aggregating to Rs NA Lakhs, from the existing shareholders. You can furthermore refer to the topmost table of this article to check out other crucial statistics such as Minimum Lot size, record date, RE, Face value, and more.

    Who is the ASM Technologies Lead manager?

    A designated underwriter or lead manager of ASM Technologies Rights Issue is SAFFRON CAPITAL ADVISORS PRIVATE LIMITED. They also provide you with the information you need about the lead manager, such as an address, contact person, email address, and more. Such data is structured towards the end of the article.

    What are the important dates of the ASM Technologies Issue?

    There are a bunch of important dates regarding the ASM Technologies Rights Issue, which you need to know about. The priority should be the Record Date of NA., which deems you eligible for investment. The rest of the dates include opening, closing, allotment, listing, and more, which are all provided in the section Rights Issue Dates.


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