₹79.53 Crores | Listing at BSE, NSE | Tue, Aug 4, 2020 - Tue, Aug 18, 2020
Spencer's Retail Limited Rights Issue comprises 1.06 Cr equity shares aggregating to ₹79.53 Cr, offered at an issue price of ₹75 per share with a face value of ₹5 per share.
The record date for determining eligible shareholders is Jul 29, 2020.
The term of payment is defined as following : The full amount of Rs 75 per Rights Equity Share is payable on Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on [.]
The Rights Issue opens on Aug 4, 2020 and closes on Aug 18, 2020.
The deemed date of allotment is Aug 25, 2020, following which the equity shares are expected to be credited to demat accounts on Aug 26, 2020 and listed at the NSE and the BSE on Aug 27, 2020.
ICICI Securities Ltd. is the Lead Manager to the issue and MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Spencer's Retail Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Jul 29, 2020
Entitlement Ratio
:
Open Date
Tue, Aug 4, 2020
Close Date
Tue, Aug 18, 2020
| Particulars | For the year/period ended (Rs in Million) | |||
|---|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 15,939.07 | 12,797.50 | 12,226.27 | |
| Total Revenue | 26,718.82 | 22,153.30 | 10,211.04 | |
| Profit After Tax | (1,307.84) | (90.36) | (198.90) | |
[Dilip Davda] While online shopping has flourished amidst COVID-19 pandemic, retail segment met with disaster with lockdown. Retail channel has turned highly competitive with many MNCs like Amazon, Flipkart and the domestic companies like Big Bazaar, Reliance Retail, D-mart. We are witnessing shakeout amongst them due to financial crunch. Considering SRL's negative P/E, cash surplus risk savvy investors may consider parking of funds at their own risk. (Other). Read detail review...
Spencer's Retail Limited
Duncan House,31, Netaji Subhas Road.
Kolkatta -700 001
The Spencers Retail Rights Issue opens on Tue, Aug 4, 2020, and closes on Tue, Aug 18, 2020.
Spencers Retail Rights Issue Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | |
| Issue Opening Date | Tue, Aug 4, 2020 |
| Issue Closing Date | Tue, Aug 18, 2020 |
| Date of Allotment (on or about) | Tue, Aug 25, 2020 |
| Date of Credit (on or about) | Wed, Aug 26, 2020 |
| Date of Listing (on or about) | Thu, Aug 27, 2020 |
You can apply for Spencers Retail Rights Issue in two ways:
Steps to apply for Spencers Retail Rights Issue using Net Banking (ASBA)
Steps to apply for Spencers Retail Rights Issue using Registrar's website (R-WAP)
