₹49.92 Crores | Listing at BSE | Wed, Oct 30, 2024 - Thu, Nov 14, 2024
Bella Casa Fashion & Retail Ltd Rights Issue comprises 0.1913 Cr equity shares aggregating to ₹49.92 Cr, offered at an issue price of ₹261 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Oct 19, 2024, with the Rights Issue being offered in the entitlement ratio of 1 : 6.
The term of payment is defined as following : The full amount of the Issue Price is payable on the Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on [.]
The Rights Issue opens on Oct 30, 2024, and closes on Nov 14, 2024, with renunciation of Rights Entitlements permitted up to Nov 8, 2024.
The deemed date of allotment is Nov 22, 2024, following which the equity shares are expected to be credited to demat accounts on Nov 25, 2024 and listed at the BSE on Nov 25, 2024.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Bella Casa Fashion & Retail Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Sat, Oct 19, 2024
Entitlement Ratio
1 : 6
Open Date
Wed, Oct 30, 2024
Close Date
Thu, Nov 14, 2024
The full amount of the Issue Price is payable on the Application.
Bella Casa Fashion & Retail Ltd's revenue increased by 13.92% and profit after tax (PAT) rose by 30.72% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 161.12 | 143.84 | 162.53 |
| Revenue | 230.46 | 202.30 | 206.38 |
| Profit After Tax | 102.06 | 78.07 | 11.24 |
| Net Worth | 84.88 | 75.60 | |
| Reserves and Surplus | 73.40 | 64.12 | 58.17 |
| Total Borrowing | 42.02 | 37.55 | |
| Amount in ₹ Crore | |||
The Company was founded on February 5, 1996, as Gupta Fabtex Private Limited.
Bella Casa Fashion & Retail Ltd (BCFRL) operates in two different business models: Business-to-Business (B2B) and Business-to-Consumer (B2C). The company caters to around 50 major domestic brands and retailers in various segments, including Western and Indian apparel for women, men, and children of all age groups.
Under its B2B model, BCFRL offers Original Design Manufacturing (ODM) services for various apparel requirements. Under the B2C model, BCFRL manufactures, distributes, and markets home textiles under the brand "Bella Casa", which is available in around 5,000 retail stores and online platforms.
With five manufacturing units in the Sitapura Industrial Area of Jaipur, BCFRL has a peak manufacturing capacity of 10 lakh pieces per month, supporting both apparel and home furnishing production.
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
1. To make capital Expenditures as stated below;
2. To meet the Working Capital Requirements of the Company; and
3. General Corporate Purposes
[Dilip Davda] The company is engaged in B2B and B2C model of business for apparels and home furnishings. It posted inconsistency in its top and bottom lines for the reported periods. Based on its current market price, the issue is lucratively priced at a discount of around 50.78%. It’s a dividend paying company. Investors may park funds for medium to long term. Read detail review...
Bella Casa fashion & Retail Rights Issue 2024 got oversubscribed by 1.4 times by the end of the bidding period with total bid quantity received by BSE of 26,75,732 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Nov 14 2024 17:00:00 | 26,75,732 | 1.40x |
Bella Casa Fashion & Retail Ltd
Bella Casa Fashion & Retail Limited
E-102, 103 EPIP,
Sitapura Industrial Area, Jaipur- 302022,
Sitapur, Uttar Pradesh, 302022
The Bella Casa fashion & Retail Rights Issue 2024 opens on Wed, Oct 30, 2024, and closes on Thu, Nov 14, 2024.
Bella Casa fashion & Retail Rights Issue 2024 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Fri, Nov 8, 2024 |
| Issue Opening Date | Wed, Oct 30, 2024 |
| Issue Closing Date | Thu, Nov 14, 2024 |
| Date of Allotment (on or about) | Fri, Nov 22, 2024 |
| Date of Credit (on or about) | Mon, Nov 25, 2024 |
| Date of Listing (on or about) | Mon, Nov 25, 2024 |
You can apply for Bella Casa fashion & Retail Rights Issue 2024 in two ways:
Steps to apply for Bella Casa fashion & Retail Rights Issue 2024 using Net Banking (ASBA)
Steps to apply for Bella Casa fashion & Retail Rights Issue 2024 using Registrar's website (R-WAP)
