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Som Distilleries and Breweries Rights Issue FAQ's

Som Distilleries and Breweries Rights Issue Detail
Issue Open Jan 17, 2022
Issue Close Feb 7, 2022
Issue Size (Shares) 0.50 Crores
Issue Size (Amount) ₹17.50 Crores
Issue Price ₹35 per Share
Listing At BSE, NSE

Som Distilleries and Breweries Rights Issue Date & Price FAQs

Som Distilleries and Breweries Rights Issue Timetable

Last Date for credit of Rights EntitlementsJan 7, 2022
Last Date for renunciation of Rights EntitlementsJan 25, 2022
Issue Opening DateJan 17, 2022
Issue Closing DateFeb 7, 2022
Allotment DateFeb 8, 2022
Shares Credit DateFeb 9, 2022
Listing DateFeb 10, 2022

Som Distilleries and Breweries Rights Issue price is set at ₹35 per Share. The Som Distilleries and Breweries Rights Issue opens on Jan 17, 2022, and closes on Feb 7, 2022, for the subscription.

The allotment of Som Distilleries and Breweries Rights Issue is expected to happen on or about Feb 8, 2022 as per the issue schedule.

Som Distilleries and Breweries Rights Issue expected to list on or around Feb 10, 2022.

The credit of Som Distilleries and Breweries Rights Issue in Demat account is expected on or about Feb 9, 2022 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards:
1. Long term working capital requirements of the Company; and
2. General corporate purposes.

It is difficult to say at what price Som Distilleries and Breweries Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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