₹3.68 Crores | Listing at BSE | Thu, Jun 16, 2022 - Fri, Jul 1, 2022
Satyam Silk Mills Limited Rights Issue comprises 0.3675 Cr equity shares aggregating to ₹3.68 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 6, 2022.
As per the terms of payment, ₹10 per share payable in full at the time of application.
The Rights Issue opens on Jun 16, 2022, and closes on Jul 1, 2022, with renunciation of Rights Entitlements permitted up to Jun 24, 2022.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Satyam Silk Mills Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Jun 6, 2022
Entitlement Ratio
:
Open Date
Thu, Jun 16, 2022
Close Date
Fri, Jul 1, 2022
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | ||||
| Total Assets | 2,242.03 | 1,228.83 | |||
| Total Revenue | 840.06 | 3.08 | |||
| Profit After Tax | 683.22 | -32.86 | |||
Satyam Silk Mills Limited is engaged in the business of real estate renting. The company has invested in properties throughout Mumbai, Maharashtra, which it rents out to others to create rental income. Satyam Silk Mills is headquartered in Mumbai.
The company intends to utilize the Net Proceeds for the following object:
[Dilip Davda] The counter is not traded since July 2005 and despite such status, it has been permitted to come out with rights issue for listing at BSE. It has nothing to do with the textile segment as expressed in its name. This is really surprising and raises eyebrows. It has posted super performance for FY22 with other income, raising doubt on sustainability. Five times rise in its paid-up equity and low promoter holding are major concerns. There is no harm in skipping this at par RI offer. Read detail review...
Satyam Silk Mills Limited
82, Maker Chambers III,
Nariman Point Mumbai City,
MH - 400021
The Satyam Silk Mills Rights Issue 2022 opens on Thu, Jun 16, 2022, and closes on Fri, Jul 1, 2022.
Satyam Silk Mills Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Fri, Jun 24, 2022 |
| Issue Opening Date | Thu, Jun 16, 2022 |
| Issue Closing Date | Fri, Jul 1, 2022 |
| Date of Allotment (on or about) | |
| Date of Credit (on or about) | |
| Date of Listing (on or about) |
You can apply for Satyam Silk Mills Rights Issue 2022 in two ways:
Steps to apply for Satyam Silk Mills Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for Satyam Silk Mills Rights Issue 2022 using Registrar's website (R-WAP)
