Sunshield Chemicals Rights Issue
Incorporated in November 1986, Sunshield Chemicals Limited is engaged in the manufacturing of speciality chemicals and surfactants, including ethoxylates, propoxylates, antioxidants, HQEE, THEIC, and other functional chemistries. Its products cater to a wide range of industries such as coatings, agrochemicals, home & personal care, and industrial formulations.
The company holds ISO 9001 certification and operates a modern manufacturing facility at Rasal, supported by strong R&D and quality control laboratories. Sunshield has built a strategic global export presence and focuses on innovation, regulatory compliance, safety, and sustainability as key pillars of its growth strategy.
Current Market Price Rs. 928 as on 16 October 2025
Right Issue Offer price Rs. 901
Rights Issue Details
| Issue Open | September 30, 2025 – October 24, 2025 |
| Security Name | Sunshield Chemicals Ltd |
| Issue Size (Shares) | 14,41,776 |
| Issue Size (Amount) | Rs.129.90 Crores |
| Issue Price | Rs.901 per share |
| Face Value | Rs.10 per share |
| Listing At | BSE |
| Terms of Payment | The full amount of Rs 901 is payable on application. |
| Entitlement | 10 Rights Equity Share(s) for every 51 fully paid-up Equity Shares held on Record Date |
Rights Issue Timetable
| Last Date to buy shares | 23-Sep-25 |
| Record Date | 24-Sep-25 |
| Credit of Rights Entitlements | 24-Sep-25 |
| Bid/Offer Opens On | 30-Sep-25 |
| Renunciation of Rights Entitlements | 16-Oct-25 |
| Bid/Offer Closes On | 24-Oct-25 |
| Deemed Date of Allotment | 28-Oct-25 |
| Credit Date | 28-Oct-25 |
| Listing Date | October 29, 202 |
Objects of the Rights Issue
The Company intends to utilize the Net Proceeds from the Issue towards funding the following objects:
- Repayment or prepayment, in full or in part, of the borrowings availed by the Company
- General Corporate Purposes.
Financial Snapshot
| Period Ended | 31-Mar-25 | 31-Mar-24 |
| Total Income | 368.94 | 284.86 |
| Profit After Tax | 14.58 | 18.85 |
| NET Worth | 95.69 | 82.19 |
| Reserves and Surplus | 88.34 | 74.84 |
| Amount in Rs. Crore | ||
Company Contact Information
Sunshield Chemicals Ltd
1501-A, Universal Majestic,
P.L. Lokhande Marg
Behind R.B.K International Academy, Chembur
Mumbai, 400043
Email: info@sunshieldchemicals.com
Lead Manager of the Rights Issue
Registrar
Bigshare Services Pvt ltd
Where to check allotment of Rights issue?
https://ipo.bigshareonline.com/ipo_status.html
Sunshield Chemicals Ltd – Rights Issue Review
(By Paresh Gordhandas, CA & Research Analyst)
Sunshield Chemicals Ltd, a specialty chemical manufacturer with a strong export presence, has announced a Rights Issue of Rs. 129.90 crore at Rs. 901 per share, compared to the current market price of Rs. 928. The issue is priced at a modest discount, offering a fair entry point for existing shareholders.
The company manufactures a diverse range of surfactants and functional chemistries catering to coatings, agrochemicals, home & personal care, and industrial applications. It operates a modern plant at Rasal, supported by robust R&D and quality control systems.
Proceeds from the issue will be used for repayment of borrowings and general corporate purposes, which will help reduce interest burden and strengthen the balance sheet.
Financially, the company has shown steady performance — Total Income grew from Rs. 284.86 crore in FY24 to Rs. 368.94 crore in FY25, though PAT declined to Rs. 14.58 crore due to higher input costs and debt servicing. Net worth and reserves have also improved, reflecting a stronger capital structure.
Chanakya View:
This Rights Issue is conservative and balance sheet–strengthening in nature. Given Sunshield’s niche presence, improving margins, and reduced leverage post-issue, existing shareholders may subscribe for long-term value creation. However, new investors should monitor near-term profitability trends before fresh exposure.
