Sita Enterprises
160.00
+6.70(+4.37%)
Market Cap₹49.99 Cr
PE Ratio9.13
Company Performance:
1D+4.37%
1M+6.00%
6M-18.88%
1Y+12.87%
5Y+1,246.80%
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More news about Sita Enterprises
18Aug 25
Jitendra Rasiklal Sanghavi Acquires 71.76% Stake in Sita Enterprises Through Open Offer
Jitendra Rasiklal Sanghavi completed an open offer for Sita Enterprises, acquiring a 71.76% stake. The acquisition included 21,00,000 shares through a Share Purchase Agreement and 52,933 shares tendered during the open offer at Rs. 92.50 per share. The offer targeted 7,50,000 shares but received a low response of 0.07 times. Post-acquisition, Sanghavi holds 71.76%, erstwhile promoters 5%, and public shareholders 23.24%. The company remains compliant with minimum public shareholding requirements at 28.24%. The stock price rose from Rs. 163.60 to Rs. 194.30 during the offer period.
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07Aug 25
Sita Enterprises Reports 76.8% Surge in Q1 Net Profit, Completes Open Offer
Sita Enterprises Limited, a non-deposit taking NBFC, reported a 76.8% year-over-year increase in net profit for Q1, reaching Rs 198.13 lakhs. Total income rose by 42.1% to Rs 213.76 lakhs. EPS improved to Rs 6.60 from Rs 3.74 in the previous year. The company completed an open offer following a share purchase agreement where Mr. Jitendra Rasiklal Sanghvi acquired 7% of the issued capital. Statutory auditors issued an unmodified opinion on the quarterly financial results.
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07Aug 25
Jitendra Rasiklal Sanghavi Launches Open Offer for 25% Stake in Sita Enterprises at Rs. 92.50 Per Share
Mr. Jitendra Rasiklal Sanghavi has initiated an open offer to acquire up to 7,50,000 equity shares (25%) of Sita Enterprises at Rs. 92.50 per share. The offer includes a 10% interest provision for delayed payments. Navigant Corporate Advisors Limited is managing the process. The post-offer advertisement was published in three newspapers and submitted to BSE Limited in compliance with SEBI regulations.
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Sita Enterprises
160.00
+6.70
(+4.37%)
1 Year Returns:+12.87%
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