Details of shares subscribed as at 13:49:47 on April 03, 2025
As filed · ICICI Securities Limited has submitted to the Exchange a copy of details of shares subscribed as at 13:49:47 on April 03, 2025.
What happened
FactRenew Exim DMCC has launched an open offer to acquire up to 4,46,64,772 fully paid-up equity shares of ITD Cementation India Limited. As of April 3, 2025, 52,26,414 shares, representing 11.70% of the offer size, have been tendered in the Open Offer Escrow Demat Account. The acceptance of shares will be subject to validation and verification as per the SEBI (SAST) Regulations.
Why it matters
CapitSignal interpretationAn open offer gives holders a defined price at which they can exit, and signals that control is changing.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedDuring the year, we secured new orders worth over H 7,100 Crores across various sectors.
In FY 2024-25, we achieved consolidated revenue of D 9,097 Crores, marking an 18% year-on-year increase, backed by disciplined project execution across verticals.
Change
FactImplication
CapitSignal interpretationOrder Book
RevisedIn FY 2024-25, we achieved consolidated revenue of D 9,097 Crores, marking an 18% year-on-year increase, backed by disciplined project execution across verticals.
Our order book stood at D 18,300 Crores as of March 2025, offering strong visibility and long-term growth assurance.
Change
FactImplication
CapitSignal interpretationOrder Book
WithdrawnOur order book stood at D 18,300 Crores as of March 2025, offering strong visibility and long-term growth assurance.
Our strategic priorities remain firmly rooted in disciplined execution, operational excellence, cost optimisation and accelerated adoption of digital and technological innovations that are aimed at enhancing project delivery and driving long-term value creation.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Offer price versus market price
- Acquirer and resulting shareholding
- Yes, if you see that last year we have secured the order of Rs. 14,000-15,000 crores. This year we are plannin (management committed by FY27)
- We have entered FY 2025-26 with confidence and a renewed sense of ambition. (management committed by FY26)
Evidence
- ICICI Securities Limited has submitted to the Exchange a copy of details of shares subscribed as at 13:49:47 on April 03, 2025.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
- Latest statement · FY25
How CapitSignal classified this
- Reasoning:
- OPEN_OFFER base 72; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%