₹17.90 Crores | Listing at BSE, NSE | Mon, Jun 27, 2022 - Tue, Jul 26, 2022
Saboo Sodium Chloro Limited Rights Issue comprises 1.79 Cr equity shares aggregating to ₹17.90 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Jun 16, 2022.
As per the terms of payment, ₹10 per share payable on application, with the balance payable in call(s).
The Rights Entitlements are expected to be credited to eligible demat accounts on Jun 25, 2022.
The Rights Issue opens on Jun 27, 2022, and closes on Jul 26, 2022, with renunciation of Rights Entitlements permitted up to Jul 20, 2022.
The deemed date of allotment is Aug 3, 2022, following which the equity shares are expected to be credited to demat accounts on Aug 4, 2022 and listed on NSE and BSE on Aug 5, 2022.
Beetal Financial & Computer Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Saboo Sodium Chloro Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Jun 16, 2022
Entitlement Ratio
:
Open Date
Mon, Jun 27, 2022
Close Date
Tue, Jul 26, 2022
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | ||||
| Total Assets | 5775.14 | 6268.43 | |||
| Total Revenue | 7,927.80 | 3,003.77 | |||
| Profit After Tax | 2.35 | -68.69 | |||
Saboo Sodium Chloro Limited is engaged in manufacturing and trading refined salt. The company sells salt under the brand names SURYA SALT, SABOO SALT, and TOTA SALT. Saboo Sodium Chloro Ltd. is the first and the largest Salt Refinery in North India.
Saboo Sodium Chloro Limited has three factory units located in Rajasthan and Gujarat.
The company proposes to utilize the funds which are being raised through this Issue towards the below mentioned objects:
[Dilip Davda] The company has posted inconsistency in its financial performance for the last three fiscals. The super top line is perhaps to attract investors for RI support. Declining promoter’s holding raises concern. Based on its financial data, RI at par is at a high P/E. There is no harm in avoiding it. Read detail review...
Saboo Sodium Chloro Limited
Surya House L-5, B II,
Krishna Marg, C-Scheme,
Jaipur-302 001
Jaipur, Rajasthan, 302001
Beetal Financial & Computer Services Pvt.Ltd.
The Saboo Sodium Chloro Rights Issue 2022 opens on Mon, Jun 27, 2022, and closes on Tue, Jul 26, 2022.
Saboo Sodium Chloro Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | Sat, Jun 25, 2022 |
| Last Date for renunciation of Rights Entitlements | Wed, Jul 20, 2022 |
| Issue Opening Date | Mon, Jun 27, 2022 |
| Issue Closing Date | Tue, Jul 26, 2022 |
| Date of Allotment (on or about) | Wed, Aug 3, 2022 |
| Date of Credit (on or about) | Thu, Aug 4, 2022 |
| Date of Listing (on or about) | Fri, Aug 5, 2022 |
You can apply for Saboo Sodium Chloro Rights Issue 2022 in two ways:
Steps to apply for Saboo Sodium Chloro Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for Saboo Sodium Chloro Rights Issue 2022 using Registrar's website (R-WAP)
