Presstonic Engineering Limited Rights Issue 2026
ClosedPresstonic Engineering Limited Rights Issue Details
| Issue Size (Shares) | 77,07,480 | Issue Size (Amount) | - |
|---|---|---|---|
| Issue Price | ₹35.00 per share | Face Value | ₹10.00 per share |
| Terms of Payment | Entire Amount will be payable at the time of application. |
Listing At | - |
| Ratio | 1:1 | Issue Size (₹ Crores) | ₹26.98 |
Presstonic Engineering Limited is engaged in the manufacturing and supply of engineered components and precision products, serving a wide range of industrial applications. The company follows a quality-driven production approach, delivering reliable and efficient engineering solutions that meet stringent industry standards.
Operating through modern manufacturing facilities, Presstonic Engineering Limited places strong emphasis on process optimization, continuous technological upgradation, and rigorous quality control systems. Its technical capabilities enable the company to offer customized and application-specific solutions aligned with client requirements across multiple sectors.
Focused on sustainable growth, the company aims to expand its market presence by strengthening customer relationships, improving operational efficiency, and adopting innovative manufacturing practices. Presstonic Engineering Limited remains committed to innovation, sustainability, and long-term value creation for its stakeholders.
Presstonic Engineering Limited Rights Issue Timetable
| Last Date to buy shares | - | Record Date | Thu, Jan 29, 2026 |
|---|---|---|---|
| Credit of Rights Entitlements | Fri, Jan 30, 2026 | Bid/Offer Opens On | Fri, Feb 06, 2026 |
| Renunciation of Rights Entitlements | Mon, Mar 02, 2026 | Bid/Offer Closes On | Fri, Feb 06, 2026 |
| Deemed Date of Allotment | Mon, Mar 09, 2026 | Credit Date | Tue, Mar 10, 2026 |
| Listing Date | Wed, Mar 11, 2026 | ||
Company Financials
Company Financials (Restated Consolidated)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 47.32 | 40.92 |
| Total Income | 21.44 | 27.08 |
| Profit After Tax | 0.86 | 2.53 |
| Reserves and Surplus | 17.98 | 17.11 |
Objects of the Issue
The Company intends to utilize the proceeds of the Rights Issue for the following objects:
Repayment or Pre-payment of Borrowings
To repay or pre-pay, in full or in part, certain outstanding borrowings availed by the Company, with the objective of reducing debt levels, lowering interest costs, and strengthening the overall financial position.
Funding Working Capital Requirements
To meet the Company’s ongoing working capital needs, including procurement of raw materials, inventory management, operational expenses, and other day-to-day business requirements, ensuring smooth and efficient operations.
General Corporate Purposes
To support general business activities such as administrative expenses, business development initiatives, operational strengthening, and other corporate requirements, providing flexibility to pursue growth opportunities and strategic objectives.
Company Contact Information
Presstonic Engineering Limited
Khata No. 161 Site # 275 & 276,
14th &15th Cross, Kareem Saab Layout Peenya
Hegganhalli, Viswaneedam,
Bangalore Metropolitan Region, 560091
Phone: 91-8029905570
Email: cs@presstonengg.com
Website: https://www.presstonic.com/
Presstonic Engineering Limited Rights Issue Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: rights@cameoindia.com
Website: https://ipo.cameoindia.com/