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Som Distilleries and Breweries Limited Rights Issue (Som Distilleries and Breweries Rights Issue) Detail

Jan 17, 2022 - Jan 31, 2022
Som Distilleries and Breweries Limited Logo

Incorporated in 1993, SOM Distilleries and Breweries Limited is primarily engaged in the production of beer and blending and bottling of Indian Made Foreign Liquor (IMFL). The product portfolio consists of various brand options across beer, rum, brandy, vodka, and whisky categories.

SOM has a manufacturing unit located at Bhopal (Madhya Pradesh) with a total installed capacity of 1,52,00,000 cases of beer per annum and 6,00,000 cases per annum of IMFL (excluding our subsidiaries) that gets sold to the domestic and international customers such as end-users, merchants, distributors, and exporters. The company has a PAN India presence and global presence across all major countries like USA, UK, UAE, Japan, South Korea, and many others. SOM also has 100% subsidiary companies located in Karnataka and Odisha.

Som Distilleries and Breweries Rights Issue Detail

Issue Open Jan 17, 2022 - Jan 31, 2022
Security Name Som Distilleries and Breweries Limited
Issue Size (Shares) 0.50 Crores
Issue Size (Amount) ₹17.50 Crores
Issue Price ₹35 per share
Face Value ₹5 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE, NSE
Terms of Payment The entire amount of Rs 35 per Rights Share is payable on Application
Entitlement 1 Rights Equity Share for every 13 Fully Paid up Equity Shares held on the Record Date

Som Distilleries and Breweries Rights Issue Issue Timetable

Bid/Offer Opens On Jan 17, 2022
Bid/Offer Closes On Jan 31, 2022
Record Date Jan 3, 2022
Deemed Date of Allotment Feb 8, 2022
Renunciation of Rights Entitlements Jan 25, 2022

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Millions)
30-Sep-21 31-Mar-21 31-Mar-20
Total Assets 6,513.00 7,115.00 7,567.01
Total Revenue 2,341.04 5,096.58 7,152.12
Profit After Tax -151.02 -380.72 150.21

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards:
1. Long term working capital requirements of the Company; and
2. General corporate purposes.

Som Distilleries and Breweries Rights Issue Documents

Som Distilleries and Breweries Rights Issue Rating

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Som Distilleries and Breweries Rights Issue Reviews

Company Contact Information

Som Distilleries and Breweries Limited
1A, Zee Plaza,
Arjun Nagar, S.J. Enclave,
Kamal Cinema Road, New Delhi - 110 029

Phone: +91 755 4271 271
Email: compliance@somindia.com
Website: https://www.somindia.com/

Som Distilleries and Breweries Rights Issue Registrar

  1. MAS Services Limited
    Phone: (011) 2610 4142
    Email: sm@masserv.com
    Website: http://www.masserv.com

Som Distilleries and Breweries Rights Issue Lead Manager(s)

Som Distilleries and Breweries Rights Issue FAQs

The Som Distilleries and Breweries Rights Issue opens on Jan 17, 2022, and closes on Jan 31, 2022.

Som Distilleries and Breweries Rights Issue Schedule

Last Date for credit of Rights EntitlementsJan 7, 2022
Last Date for renunciation of Rights EntitlementsJan 25, 2022
Issue Opening DateJan 17, 2022
Issue Closing DateJan 31, 2022
Date of Allotment (on or about)Feb 8, 2022
Date of Credit (on or about)Feb 9, 2022
Date of Listing (on or about)Feb 10, 2022

Som Distilleries and Breweries Rights Issue price is set at ₹35 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share for every 13 Fully Paid up Equity Shares held on the Record Date (Jan 3, 2022).

The record date for the Som Distilleries and Breweries Rights Issue is Jan 3, 2022.

The issue size of Som Distilleries and Breweries Rights Issue is of 0.50 Crores equity shares at ₹35 per share aggregating upto ₹17.50 Crores.

The Letter of Offer for Som Distilleries and Breweries Rights Issue can be download here.

You can apply for Som Distilleries and Breweries Rights Issue in two ways:

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

Steps to apply for Som Distilleries and Breweries Rights Issue 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 Som Distilleries and Breweries Rights Issue available on the list.
  4. Click the Apply button next to the Som Distilleries and Breweries Rights Issue.
  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 Som Distilleries and Breweries Rights Issue using Registrar's website (R-WAP)

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

1 Comments

1. cmvktpa  Jan 13, 2022 1:07:41 PM I Like It. | Report Abuse Reply
I am in heavy loss and holding this stock. Should I apply for Rights @35 or not ?
Or it's another trap ? Experts please comment.
1.1. DEEPANGEORGE  Jan 14, 2022 7:41:19 AM I Like It. 1 | Report Abuse
Hello, if your loss is more than 50% and if your portfolio size is huge compared to the loss from this single stock, then average out or else forget this loss stock in your portfolio and move on to better investing options available in secondary market

Note the famous quote "don't catch a falling knife" always move on to next better opportunity forgetting bad apples :)

Remember this is just suggestion, not recommendation

Regards,
From a Long Term Wealth Creator
1.2. ramasamy  Jan 19, 2022 10:03:35 AM I Like It. 1 | Report Abuse
if you hold re shares pls apply or sell in market otherwise it will lapse