Sonalis Consumer Products Ltd Rights Issue (Sonalis Consumer Products Rights Issue 2025) Detail

₹16.37 Crores | Listing at BSE | Fri, Apr 11, 2025 - Fri, May 2, 2025

Sonalis Consumer Products Ltd Logo

Sonalis Consumer Products Ltd Rights Issue comprises 0.2999 Cr equity shares aggregating to ₹16.37 Cr, offered at an issue price of ₹54.6 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is Mar 28, 2025, with the Rights Issue being offered in the entitlement ratio of 3 : 2.

The term of payment is defined as following : Full amount of Rs. 54.60/- per Equity Share is payable on application.

The Rights Entitlements are expected to be credited to eligible demat accounts on May 6, 2025.

The Rights Issue opens on Apr 11, 2025, and closes on May 2, 2025, with renunciation of Rights Entitlements permitted up to Apr 21, 2025.

The deemed date of allotment is May 6, 2025, following which the equity shares are expected to be credited to demat accounts on May 6, 2025 and listed at the BSE on May 9, 2025.

Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Sonalis Consumer Products Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Mar 28, 2025

Entitlement Ratio

3 : 2

Open Date

Fri, Apr 11, 2025

Close Date

Fri, May 2, 2025

Rights Issue Details

Rights Issue Timetable

Sonalis Consumer Products Ltd Financial Information (Restated)

Period Ended31 Mar 202431 Mar 2023
Assets10.296.25
Revenue4.116.53
Profit After Tax0.020
Amount in ₹ Crore

About Sonalis Consumer Products Ltd

Incorporated in 2022, Sonalis Consumer Products Limited (SCPL) is engaged in distributing nutritious bars and healthy snacks. The company absorbed the business and distribution network of "Appetite Food,".

The company's product range includes granola bars, healthy laddus, puffs, cheeselings, chakli, diet bhel, and sev, all manufactured in-house at their facility in Vasai, Maharashtra.

The company emphasizes sustainability by partnering with women farmers in rural Maharashtra, promoting eco-friendly farming practices such as hydroponics and contract farming.

With a robust distribution network across Maharashtra, Gujarat, and Goa, SCPL aims to expand its reach and continue offering products that blend nutrition, authenticity, and taste.

As of 31 March 2024, the company has 9 employees.

Objects of the Issue:

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Funding capital expenditure requirements for the construction of building.
  2. Funding capital expenditure requirements for the purchase of equipment/machineries.
  3. Working Capital Requirement.
  4. General Corporate Purpose.

Rights Issue Review

[Dilip Davda] SCPL is engaged in the business of trading/manufacturing of organic/inorganic food products, warehousing services etc. After dismal performances for FY23 and FY24, it marked super growth in pre-RI period, perhaps to fetch the greedy valuations. The counter is well operated above the RI price by vested interest quarters. This issue at a marginal discount with irregular and low volume is a “High Risk/Low Return” bet. Nearly one and half fold increase in its paid-up equity post RI may face its servicing issue, Investors may skip this pricey RI Read detail review...

Rights Issue Subscription Status

Sonalis Consumer Products Rights Issue 2025 got subscribed by 0.93 times by the end of the bidding period with total bid quantity received by BSE of 28,02,000 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

May 02 2025 17:00:00

28,02,000

0.93x

Company Contact Information

Sonalis Consumer Products Ltd
HD-275, WeWork Oberoi Commerz II, 20th floor,
CTS No. 95, 4 B 3 & 4 590, Off W. E. Highway
Oberoi Garden City, Goregaon East, 400063
Goregaon, Maharashtra, 400063

Rights Issue Registrar

Purva Sharegistry (India) Pvt.Ltd.

Rights Issue FAQs

The Sonalis Consumer Products Rights Issue 2025 opens on Fri, Apr 11, 2025, and closes on Fri, May 2, 2025.

Sonalis Consumer Products Rights Issue 2025 Schedule

Last Date for credit of Rights EntitlementsMon, Apr 21, 2025
Last Date for renunciation of Rights EntitlementsMon, Apr 21, 2025
Issue Opening DateFri, Apr 11, 2025
Issue Closing DateFri, May 2, 2025
Date of Allotment (on or about)Tue, May 6, 2025
Date of Credit (on or about)Tue, May 6, 2025
Date of Listing (on or about)Fri, May 9, 2025
Sonalis Consumer Products Rights Issue 2025 price is set at ₹54.6 per share.
The eligible shareholders are being offered 3 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (Fri, Mar 28, 2025).
The record date for the Sonalis Consumer Products Rights Issue 2025 is Fri, Mar 28, 2025.
The issue size of Sonalis Consumer Products Rights Issue 2025 is of 29,98,500 equity shares at ₹54.6 per share aggregating up to ₹16.37 Crores.
The Letter of Offer for Sonalis Consumer Products Rights Issue 2025 can be downloaded here.

You can apply for Sonalis Consumer Products Rights Issue 2025 in two ways:

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

Steps to apply for Sonalis Consumer Products Rights Issue 2025 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 Sonalis Consumer Products Rights Issue 2025 is available on the list.
  4. Click the Apply button next to the Sonalis Consumer Products Rights Issue 2025.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Sonalis Consumer Products Rights Issue 2025 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Sonalis Consumer Products Rights Issue 2025 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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