Summary:
Shakti Press Limited launched a ₹49.28 crore rights issue to strengthen its financial position and fund expansion in printing and packaging. The issue is priced at ₹20 per share, while the stock has hit back-to-back upper circuits, reflecting strong investor interest.
Shakti Press Limited has launched its ₹49.28 crore Rights Issue to strengthen its financial position and support expansion plans in the printing and packaging business. The Rights Issue opened on May 7, 2026 and will close on May 29, 2026. The last date for on-market renunciation of Rights Entitlements is May 25, 2026.
The Rights Issue is priced at ₹20 per share, while the company’s stock was trading around ₹26.85 on May 14, 2026. The Shakti Press share price locked in the 5% upper circuit on Friday, for 3rd consecutive trading session.
Shakti Press Issue Structure and Utilisation
The issue comprises up to 2,46,41,400 fully paid-up equity shares with a face value of ₹10 each, aggregating to ₹49.28 crore. Eligible shareholders can subscribe in the ratio of 7 rights equity shares for every 1 fully paid-up equity share held.
The company said the proceeds will be utilized towards expansion initiatives, improving operational capabilities, enhancing efficiencies, and strengthening the overall financial position.
Shakti Press Management Commentary
Commenting on the Rights Issue, Mr. Raghav Kailashnath Sharma, Managing Director, Shakti Press Limited, said, “The Rights Issue marks an important step in our growth journey as we look to strengthen our financial position and accelerate our expansion plans. With a strong legacy in the printing and packaging industry, we have consistently evolved with changing technologies while delivering high-quality, innovative solutions to our clients. The proceeds from this issue will enable us to further enhance our capabilities, improve operational efficiencies, and create long-term value for our shareholders.”
Shakti Press Business Operations
Nagpur-based Shakti Press Limited manufactures cartons, corrugated boxes, labels, stickers, wrappers, brochures, leaflets, tags and customised print solutions. The company operates integrated manufacturing facilities supported by an in-house ink manufacturing unit ensuring quality consistency and proprietary colour formulations.
The company is also an authorized dealer for leading paper and board brands including ITC Limited, Ballarpur Industries Limited and Tamil Nadu Newsprint and Papers Limited. It also operates a Paper Stationery Division producing notebooks, copier paper, ruled sheets and exercise books for domestic and export markets.
Shakti Press Financial Performance
For 9MFY26, the company reported total revenue of ₹12.72 crore, operating profit of ₹2.26 crore and net profit of ₹73.25 lakh. Operating profit margin stood at 18.15%.
For FY25, net worth stood at ₹18.27 crore, while reserves and surplus were reported at ₹14.75 crore.
