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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Stock Quote & Charts

₹27.44

1.04 (3.94%)vb

Open

₹26.50

Day High - Low

₹27.72 - ₹26.30

Previous Close

₹26.40

Traded Value

9,33,601.00

No. of Trades

2,535

52 Weeks High

₹40.50 (Oct 23, 2025)

52 Weeks Low

₹10.66 (Jun 19, 2025)

Updated On: Jun 10, 2026

Record Date

Fri, Jun 12, 2026

Entitlement Ratio

8 : 25

Open Date

Mon, Jun 22, 2026

Listing At

Mon, Jul 20, 2026

Rights Issue Details

  • Issue Size (Shares)
    16,84,24,218
  • Issue Price
    ₹11.86 per share
  • Terms of Payment
    ₹11.86 per share payable in full at the time of application.
  • Issue Size (Amount)
    ₹199.75 Crores
  • Face Value
    ₹2 per share
  • Listing At
    BSE, NSE

Rights Issue Timetable

  • Last Date to buy shares
    Thu, Jun 11, 2026
  • Credit of Rights Entitlements
    Tue, Jun 16, 2026
  • Renunciation of Rights Entitlements
    Thu, Jul 16, 2026
  • Deemed Date of Allotment
    Tue, Jul 21, 2026
  • Listing Date
    Wed, Jul 22, 2026
  • Record Date
    Fri, Jun 12, 2026
  • Bid/Offer Opens On
    Mon, Jun 22, 2026
  • Bid/Offer Closes On
    Mon, Jul 20, 2026
  • Credit Date
    Wed, Jul 22, 2026

Company Financials (Restated Consolidated)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Total Income 10,50,41,510.00 10,03,37,050.00 9,84,85,690.00
EBITDA 50.77 203.97 -40.39
NET Worth 211.89 185.21 176.69
Reserves and Surplus 78.62 51.94 -280.33
Amount in ₹ Crore

About Sumeet Industries Ltd

Incorporated in August 1988, Sumeet Industries Limited is an integrated polyester yarn manufacturer engaged in the production of PET Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY), Polyester Textured Yarn (PTY), and other textile products. The company operates a large-scale manufacturing facility in Surat, Gujarat, with integrated operations covering polymerization, spinning, texturizing, and recycling.

The company serves the textile and apparel industry across India, offering a diversified portfolio of polyester-based products used in weaving, knitting, sizing, and fabric manufacturing applications. Its production capacities include 100,800 TPA of CP Plant, 52,500 TPA of POY, 45,500 TPA of FDY, 5,400 TPA of texturized yarn, and 2,700 TPA of recycled chips.

As of April 2026, Sumeet Industries employed 618 employees and workers, supported by around 314 contract labourers. The company focuses on operational efficiency, backward integration, recycling initiatives, and technology-driven manufacturing to strengthen its position in the polyester yarn industry.

Strengths

  • Integrated polyester manufacturing operations
  • Large production capacities and modern technology
  • Strong cost efficiency and operational excellence
  • Established customer relationships
  • Strategic location in Surat textile hub
  • Focus on value-added yarn products and expansion initiatives

Objects of the Issue:

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 To invest in setting up of Solar Power Plant
    22.00
  • 2 Repayment and/or prepayment, in full or part, of all or a portion of certain outstanding borrowings availed by the Company, including the interest accrued thereon.
    23.00
  • 3 To meet Working Capital Requirements
    100.00
  • 4 General Corporate Purposes
    49.90
  • 5 Estimated Issue related expenses
    4.85
  • Total
    199.75

Company Contact Information

Sumeet Industries Ltd
504, Trividh Chambers
5th Floor, Opp. Fire Brigade Station
Ring Road
Surat, 395002

Rights Issue Registrar

Bigshare Services Pvt.Ltd.

IPO FAQs

The Sumeet Industries Rights Issue June 2026 opens on Mon, Jun 22, 2026, and closes on Mon, Jul 20, 2026.

Sumeet Industries Rights Issue June 2026 Schedule

Last Date for credit of Rights Entitlements Tue, Jun 16, 2026
Last Date for renunciation of Rights Entitlements Thu, Jul 16, 2026
Issue Opening Date Mon, Jun 22, 2026
Issue Closing Date Mon, Jul 20, 2026
Date of Allotment (on or about) Tue, Jul 21, 2026
Date of Credit (on or about) Wed, Jul 22, 2026
Date of Listing (on or about) Wed, Jul 22, 2026

Sumeet Industries Rights Issue June 2026 price is set at ₹11.86 per share.

The eligible shareholders are being offered 8 Rights Equity Share(s) for every 25 fully paid-up Equity Shares held on Record Date (Fri, Jun 12, 2026).

The record date for the Sumeet Industries Rights Issue June 2026 is Fri, Jun 12, 2026.

The issue size of Sumeet Industries Rights Issue June 2026 is of 16,84,24,218 equity shares at ₹11.86 per share aggregating up to ₹199.75 Crores.

The Letter of Offer for Sumeet Industries Rights Issue June 2026 can be downloaded here.

You can apply for Sumeet Industries Rights Issue June 2026 in two ways:

Net Banking (ASBA)
Registrar’s Website (R-WAP Facility)
Steps to apply for Sumeet Industries Rights Issue June 2026 using Net Banking (ASBA)

Log in to the net banking account of your bank.
Go to the ‘IPO & Rights Issue’ section.
Check if the Sumeet Industries Rights Issue June 2026 is available on the list.
Click the Apply button next to the Sumeet Industries Rights Issue June 2026.
Fill and check your information.
Submit the application.
Steps to apply for Sumeet Industries Rights Issue June 2026 using Registrar’s website (R-WAP)

Visit registrar’s website
Go to the ‘Rights Issue’ section
Select Sumeet Industries Rights Issue June 2026 from the dropdown.
Enter Demat Account Number.
Fill the online application form.
Validate and submit the application.

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