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Kallam Textiles Limited Rights Issue (Kallam Textiles Rights Issue 2022) Detail

Jun 23, 2022 - Jul 7, 2022
Kallam Textiles Limited Logo

Kallam Textiles Limited is engaged in the business of ginning cotton, manufacturing Cotton, and weaving grey and dyed fabrics. The company's manufacturing facilities comprise Ginning, Spinning, Weaving and Dyeing Plants and are located in the state of Andhra Pradesh. Kallam Textiles Limited has facilities for yarn dyeing with a capacity of around 3000 Kg per day and a woven fabric capacity of 80,000 meters per day.

The company's product portfolio includes Ring Spun combed yarn, TFO (Two for one twisted yarn) ring spun yarn, Open End yarn from Ne10s to Ne20s, TFO open end yarn Ne OE 20s/2, BCI (Better Cotton Initiative) certified yarn and woven fabric such as yarn dyed shirting and bottom weight fabric.

Kallam Textiles Limited also generates Solar Power for internal consumption and has three Hydel Power Plants with a total capacity of 4 MW located in the state of Telangana.

Kallam Textiles Rights Issue 2022 Detail

Issue Open Jun 23, 2022 - Jul 7, 2022
Security Name Kallam Textiles Limited
Issue Size (Shares) 1.00 Crores
Issue Size (Amount) ₹9.99 Crores
Issue Price ₹10 per share
Face Value ₹2 per share
Minimum Lot size 1 per share
Market Lot 1 per share
Listing At BSE
Terms of Payment

The entire amount of the Issue Price of Rs 10 per Rights Equity Share shall be payable at the time of Application.

Entitlement 7 Rights Equity Shares for every 30 fully paid-up Equity Shares held on the Record Date

Kallam Textiles Rights Issue 2022 Issue Timetable

Bid/Offer Opens On Jun 23, 2022
Bid/Offer Closes On Jul 7, 2022
Record Date Jun 3, 2022
Deemed Date of Allotment Jul 15, 2022
Renunciation of Rights Entitlements Jul 4, 2022

Company Financials

Summary of financial Information
Particulars For the year/period ended (Rs.in Lakhs)
  31-Mar-21 31-Mar-20
Total Assets 59,817.95 58,678.93
Total Income 24,226.53 29,333.48
Profit After Tax -789.62 -1,208.88

Objects of the Issue:

The proceeds of the Issue are proposed to be utilized by the company for financing the following objects:

  • Part Repayment of Outstanding Term Loans from Bank.
  • General Corporate Purposes.
  • Expenses for the Issue

Kallam Textiles Rights Issue 2022 Documents

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Company Contact Information

Kallam Textiles Limited
N.H 5, Chowdavaram,
Guntur,
Andhra Pradesh – 522 019

Phone: +91 863 2344016
Email: corp@ksml.in
Website: http://ksml.in/

Kallam Textiles Rights Issue 2022 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: http://www.bigshareonline.com

Kallam Textiles Rights Issue 2022 Lead Manager(s)


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