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

June 23, 2022 - July 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 June 23, 2022 - July 7, 2022
Security Name Kallam Textiles Limited
Issue Size (Shares) 9,991,187
Issue Size (Amount) ₹9.99 Crores
Issue Price ₹10 per share
Face Value ₹2 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

Record Date June 3, 2022
Credit of Rights Entitlements June 22, 2022
Bid/Offer Opens On June 23, 2022
Renunciation of Rights Entitlements July 4, 2022
Bid/Offer Closes On July 7, 2022
Deemed Date of Allotment July 15, 2022
Credit Date July 21, 2022
Listing Date July 22, 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: https://ipo.bigshareonline.com/ipo_status.html

Kallam Textiles Rights Issue 2022 Lead Manager(s)

Kallam Textiles Rights Issue 2022 FAQs

The Kallam Textiles Rights Issue 2022 opens on June 23, 2022, and closes on July 7, 2022.

Kallam Textiles Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsJune 22, 2022
Last Date for renunciation of Rights EntitlementsJuly 4, 2022
Issue Opening DateJune 23, 2022
Issue Closing DateJuly 7, 2022
Date of Allotment (on or about)July 15, 2022
Date of Credit (on or about)July 21, 2022
Date of Listing (on or about)July 22, 2022

Kallam Textiles Rights Issue 2022 price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 7 Rights Equity Shares for every 30 fully paid-up Equity Shares held on the Record Date (June 3, 2022).

The record date for the Kallam Textiles Rights Issue 2022 is June 3, 2022.

The issue size of Kallam Textiles Rights Issue 2022 is of 9,991,187 equity shares at ₹10 per share aggregating upto ₹9.99 Crores.

The Letter of Offer for Kallam Textiles Rights Issue 2022 can be download here.

You can apply for Kallam Textiles Rights Issue 2022 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Kallam Textiles Rights Issue 2022 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Kallam Textiles Rights Issue 2022 available on the list.
  4. Click the Apply button next to the Kallam Textiles Rights Issue 2022.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Kallam Textiles Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Kallam Textiles Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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