₹17.50 Crores | Listing at BSE, NSE | Mon, Jan 17, 2022 - Mon, Feb 7, 2022
Som Distilleries and Breweries Limited Rights Issue comprises 0.4999 Cr equity shares aggregating to ₹17.50 Cr, offered at an issue price of ₹35 per share with a face value of ₹5 per share.
The record date for determining eligible shareholders is Jan 3, 2022.
As per the terms of payment, ₹35 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jan 7, 2022.
The Rights Issue opens on Jan 17, 2022, and closes on Feb 7, 2022, with renunciation of Rights Entitlements permitted up to Jan 25, 2022.
The deemed date of allotment is Feb 8, 2022, following which the equity shares are expected to be credited to demat accounts on Feb 9, 2022 and listed on NSE and BSE on Feb 10, 2022.
Saffron Capital Advisors Pvt.Ltd. is the Lead Manager to the issue and MAS Services Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Som Distilleries and Breweries Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Jan 3, 2022
Entitlement Ratio
:
Open Date
Mon, Jan 17, 2022
Close Date
Mon, Feb 7, 2022
| 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 |
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.
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.
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Som Distilleries and Breweries Limited
1A, Zee Plaza,
Arjun Nagar, S.J. Enclave,
Kamal Cinema Road, New Delhi - 110 029
New Delhi, New Delhi, 110029
The Som Distilleries and Breweries Rights Issue opens on Mon, Jan 17, 2022, and closes on Mon, Feb 7, 2022.
Som Distilleries and Breweries Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Fri, Jan 7, 2022 |
| Last Date for renunciation of Rights Entitlements | Tue, Jan 25, 2022 |
| Issue Opening Date | Mon, Jan 17, 2022 |
| Issue Closing Date | Mon, Feb 7, 2022 |
| Date of Allotment (on or about) | Tue, Feb 8, 2022 |
| Date of Credit (on or about) | Wed, Feb 9, 2022 |
| Date of Listing (on or about) | Thu, Feb 10, 2022 |
You can apply for Som Distilleries and Breweries Rights Issue in two ways:
Steps to apply for Som Distilleries and Breweries Rights Issue using Net Banking (ASBA)
Steps to apply for Som Distilleries and Breweries Rights Issue using Registrar's website (R-WAP)
