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Right Issue Status: Closed [23rd Dec 2022 to 6th Jan 2023]
RSWM Limited offers Right Issue size of Rs 235.51 Cr. Opening subscription from 23 Dec 2022 to 06 Jan 2023. The company issues 01 right equity shares for every 01 equity shares held on the record date of, 16 Dec 2022. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs.100 per share.
Stay updated with us to know more about the RSWM Limited Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.
The company proposes to utilise the Net Proceeds towards funding of the following objects:
1. Repayment, in full or part, of certain borrowings availed by the Company, including interest thereon.
2. Funding the working capital requirements.
3. General corporate purposes.
| RSWM Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 2.36 Cr Shares |
| Right Issue Issue Size (Amount) | ₹235.51 Cr |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹100 per share |
| Right Issue Record Date | 16th Dec 2022 |
| Right Issue Entitlement | 1 Rights Share for every 1 Equity Shares held as on Record Date |
| Right Issue Terms of payment | The full amount is payable on Application. |
| Listing At | BSE, NSE |
| BSE Code | 500350 |
| NSE Code | RSWM |
In this section we have covered all important dates related to RSWM Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 23rd Dec 2022 |
| Right Issue Issue Close Date | 6th Jan 2023 |
| Basis of Allotment Finalisation Date* | 13th Jan 2023 |
| Refunds Initiation* | 2nd Jan 2023 |
| Credit of Shares to Demat Account* | 16th Jan 2023 |
| Right Issue Listing Date* | 18th Jan 2023 |
* - Tentative Dates
Zerodha Trade@20
Founded by L.N. Jhunjhunwala in 1961, LNJ Bhilwara Group has emerged as a diversified conglomerate with holdings in textiles, graphite electrodes, power generation, power engineering and information technology services. With more than 20 production units, all strategically located in India, the US$1-billion group of companies employs over 25,000 people.
RSWM Ltd. began as a small textile mill in Bhilwara and have become a leader in the domestic and international textile industry transforming Bhilwara into one of the most important textile hubs in India As a leader in the domestic and international textile industry, This Limited innovative mindset and visionary approach has blessed us with associations across the globe.
LNJ Denim, a denim-manufacturing facility established in 2007 under RSWM Limited (the flagship company of LNJ Bhilwara Group), has a manufacturing capacity of 25 million metres annually. They understand its customer and our planet's needs all the same. To do their best, they constantly execute strategies to produce high-quality yarns and, at the same time, reduce our carbon footprint. They're proud to produce a natural and beautiful array of hues, textures, blends and various other concoctions when it comes to yarn.
Past performance and financial results of RSWM.
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 2068.63 | 2365.43 | 20.83 |
| 31-Mar-22 | 2573.72 | 3849.54 | 246.22 |
| Amount in ₹ Crore | |||
The table below is live update of Right Issue bidding details from NSE and BSE.
RSWM Right Issue Offer Document (Letter of Offer) >>Document
RSWM Right Issue Offer Document (Letter of Offer) >>RSWM Right Issue Red Herring Prospectus is not yet available.
RSWM Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
RSWM Right Issue Online Application (Registrar & Transfer Agent) >>RSWM Right Issue RTA information is not yet available.
Last Updated on 2023-02-14T23:30:57+00:00
