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Som Distilleries And Breweries Limited Rights Issue (Som Distilleries Rights Issue 2023) Detail

April 26, 2023 - May 11, 2023
Som Distilleries And Breweries Limited Logo

Incorporated in 1993, Som Distilleries And Breweries Limited have an exceptional portfolio of brands across the spectrum of Spirits, Beer, and Alcopop. The Group was set more than three decades ago and is constantly aspiring to soar higher with its innovations.

The company's mission has been to deliver value-added high-quality products and it will continue to do so in the years to come.

SOM is India's first company to own a portfolio of spirits, ready-to-drink along with Rectified Spirits (RS), beers, and Ethyl Neutral Alcohol (ENA). SOM made its mark across the country and world by catering to the taste of the customers of a particular region.

Som Distilleries has its brews, blends, and ready-to-drink offerings for customers under different brands. Hunter, the flagship brand of the company is a forerunner in the strong beer category. Some other brands of the company include:

  • Black Fort Super Strong Beer
  • Black Fort Premium Lager Beer
  • Woodpecker Wheat Beer
  • White Fox Refresh Naughty Orange
  • White Fox Refresh Tangy Lemon

Som Distilleries Rights Issue 2023 Detail

Issue Open April 26, 2023 - May 11, 2023
Security Name Som Distilleries And Breweries Limited
Issue Size (Shares) 3,495,952
Issue Size (Amount) ₹48.94 Crores
Issue Price ₹140 per share
Face Value ₹5 per share
Listing At BSE, NSE
Terms of Payment

The full amount of the Issue Price being Rs. 140/- will be payable on application.

Entitlement 10 Rights Equity Share(s) for every 211 fully paid-up Equity Shares held on Record Date

Som Distilleries Rights Issue 2023 Issue Timetable

Record Date April 14, 2023
Credit of Rights Entitlements April 25, 2023
Bid/Offer Opens On April 26, 2023
Renunciation of Rights Entitlements May 8, 2023
Bid/Offer Closes On May 11, 2023
Deemed Date of Allotment May 19, 2023
Credit Date May 23, 2023
Listing Date May 29, 2023

Company Financials

Som Distilleries And Breweries Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-21711.50509.66-38.07
31-Mar-22699.39656.50-9.84
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the proceeds raised through the Issue for the following objects:

  1. To meet long-term working capital requirements of our Company;
  2. General corporate purposes.

Som Distilleries Rights Issue 2023 Documents

Som Distilleries Rights Issue 2023 Rating

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Company Contact Information

Som Distilleries And Breweries Limited
I-A, Zee Plaza, Arjun Nagar,
Safdarjung Enclave, Kamal Cinema Road,
New Delhi - 110029

Phone: +91-11-26169909, 26169712
Email: compliance@somindia.com
Website: http://www.somindia.com/

Som Distilleries Rights Issue 2023 Registrar

  1. Mas Services Limited
    Phone: (011) 2610 4142
    Email: investor@masserv.com
    Website: https://www.masserv.com/opt.asp

Som Distilleries Rights Issue 2023 Lead Manager(s)

Som Distilleries Rights Issue 2023 FAQs

The Som Distilleries Rights Issue 2023 opens on April 26, 2023, and closes on May 11, 2023.

Som Distilleries Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsApril 25, 2023
Last Date for renunciation of Rights EntitlementsMay 8, 2023
Issue Opening DateApril 26, 2023
Issue Closing DateMay 11, 2023
Date of Allotment (on or about)May 19, 2023
Date of Credit (on or about)May 23, 2023
Date of Listing (on or about)May 29, 2023

Som Distilleries Rights Issue 2023 price is set at ₹140 per share per equity share.

The eligible shareholders are being offered 10 Rights Equity Share(s) for every 211 fully paid-up Equity Shares held on Record Date (April 14, 2023).

The record date for the Som Distilleries Rights Issue 2023 is April 14, 2023.

The issue size of Som Distilleries Rights Issue 2023 is of 3,495,952 equity shares at ₹140 per share aggregating upto ₹48.94 Crores.

The Letter of Offer for Som Distilleries Rights Issue 2023 can be download here.

You can apply for Som Distilleries Rights Issue 2023 in two ways:

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

Steps to apply for Som Distilleries Rights Issue 2023 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 Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Som Distilleries Rights Issue 2023.
  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 Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Som Distilleries Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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