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Satyam Silk Mills Limited Rights Issue (Satyam Silk Mills Rights Issue 2022) Detail

June 16, 2022 - July 1, 2022
Satyam Silk Mills Limited Logo

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.

Satyam Silk Mills Rights Issue 2022 Detail

Issue Open June 16, 2022 - July 1, 2022
Security Name Satyam Silk Mills Limited
Issue Size (Shares) 3,675,000
Issue Size (Amount) ₹3.68 Crores
Issue Price ₹10 per share
Face Value ₹10 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 5 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date

Satyam Silk Mills Rights Issue 2022 Issue Timetable

Record Date June 6, 2022
Credit of Rights Entitlements
Bid/Offer Opens On June 16, 2022
Renunciation of Rights Entitlements June 24, 2022
Bid/Offer Closes On July 1, 2022
Deemed Date of Allotment
Credit Date
Listing Date

Company Financials

Summary of financial Information
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

Objects of the Issue:

The company intends to utilize the Net Proceeds for the following object:

  • To part finance incremental Working Capital of the Company.
  • To meet General corporate purposes.
  • To meet the expenses of the Issue.

Satyam Silk Mills Rights Issue 2022 Documents

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Company Contact Information

Satyam Silk Mills Limited
82, Maker Chambers III,
Nariman Point Mumbai City,
MH - 400021

Phone: +022-220-42554/47164
Email: satyamsilkmill@gmail.com
Website: http://www.satyamsilkmill.com/

Satyam Silk Mills Rights Issue 2022 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: satyam.rights@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Satyam Silk Mills Rights Issue 2022 Lead Manager(s)

Satyam Silk Mills Rights Issue 2022 FAQs

The Satyam Silk Mills Rights Issue 2022 opens on June 16, 2022, and closes on July 1, 2022.

Satyam Silk Mills Rights Issue 2022 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsJune 24, 2022
Issue Opening DateJune 16, 2022
Issue Closing DateJuly 1, 2022
Date of Allotment (on or about)
Date of Credit (on or about)
Date of Listing (on or about)

Satyam Silk Mills Rights Issue 2022 price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 5 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date (June 6, 2022).

The record date for the Satyam Silk Mills Rights Issue 2022 is June 6, 2022.

The issue size of Satyam Silk Mills Rights Issue 2022 is of 3,675,000 equity shares at ₹10 per share aggregating upto ₹3.68 Crores.

The Letter of Offer for Satyam Silk Mills Rights Issue 2022 can be download here.

You can apply for Satyam Silk Mills Rights Issue 2022 in two ways:

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

Steps to apply for Satyam Silk Mills 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 Satyam Silk Mills Rights Issue 2022 available on the list.
  4. Click the Apply button next to the Satyam Silk Mills 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 Satyam Silk Mills Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Satyam Silk Mills 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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