SPV Global Trading Limited Rights Issue (SPV Global Trading Rights Issue) Detail

₹1.72 Crores | Listing at BSE | Wed, Mar 30, 2022 - Wed, Apr 13, 2022

SPV Global Trading Limited Logo

SPV Global Trading Limited Rights Issue comprises 0.1715 Cr equity shares aggregating to ₹1.72 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.

The record date for determining eligible shareholders is Mar 22, 2022.

As per the terms of payment, ₹10 per share payable in full at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Apr 8, 2022.

The Rights Issue opens on Mar 30, 2022, and closes on Apr 13, 2022, with renunciation of Rights Entitlements permitted up to Apr 8, 2022.

The deemed date of allotment is Apr 25, 2022, following which the equity shares are expected to be credited to demat accounts on Apr 27, 2022 and listed on the BSE on Apr 29, 2022.

Mark Corporate Advisors Pvt.Ltd. is the Lead Manager to the issue and Bigshare Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the SPV Global Trading Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Tue, Mar 22, 2022

Entitlement Ratio

:

Open Date

Wed, Mar 30, 2022

Close Date

Wed, Apr 13, 2022

Rights Issue Details

Rights Issue Timetable

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in million)
  31-Mar-21 31-Mar-20
Total Assets 4,398.12 3,430.13
Total Income 5,135.73 4,585.68
Profit After Tax 290.37 1,400.29

About SPV Global Trading Limited

SPV Global Trading Limited is engaged in the business of trading non-ferrous metals like copper and copper scrap. The company offers storage, logistics, and trading services for virgin metals such as zinc ingots, nickel & copper cathodes, and tin ingots. The company also offers advisory services on hedging on London Metal Exchange (LME). The company changed its name from Tarif Cine & Finance Ltd. to SPV Global Trading Limited in 2019.

Objects of the Issue:

The company intends to utilize the Net Proceeds from this Issue for the following object:

  1. To augment the Working Capital requirements of the Company.

Rights Issue Review

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Company Contact Information

SPV Global Trading Limited
28/30, Anant Wadi,
Binani Bhavan, Ground Floor,
Bhuleshwar, Mumbai – 400 002
Mumbai, Maharashtra, 400002

Rights Issue Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • rightsissue@bigshareonline.com
  • Visit Website

Rights Issue Lead Manager(s)

  1. Mark Corporate Advisors Pvt.Ltd.

Rights Issue FAQs

The SPV Global Trading Rights Issue opens on Wed, Mar 30, 2022, and closes on Wed, Apr 13, 2022.

SPV Global Trading Rights Issue Schedule

Last Date for credit of Rights EntitlementsFri, Apr 8, 2022
Last Date for renunciation of Rights EntitlementsFri, Apr 8, 2022
Issue Opening DateWed, Mar 30, 2022
Issue Closing DateWed, Apr 13, 2022
Date of Allotment (on or about)Mon, Apr 25, 2022
Date of Credit (on or about)Wed, Apr 27, 2022
Date of Listing (on or about)Fri, Apr 29, 2022
SPV Global Trading Rights Issue price is set at ₹10 per share.
The eligible shareholders are being offered 7 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date (Tue, Mar 22, 2022).
The record date for the SPV Global Trading Rights Issue is Tue, Mar 22, 2022.
The issue size of SPV Global Trading Rights Issue is of 17,15,000 equity shares at ₹10 per share aggregating up to ₹1.72 Crores.
The Letter of Offer for SPV Global Trading Rights Issue can be downloaded here.

You can apply for SPV Global Trading Rights Issue in two ways:

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

Steps to apply for SPV Global Trading 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 SPV Global Trading Rights Issue is available on the list.
  4. Click the Apply button next to the SPV Global Trading Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for SPV Global Trading Rights Issue using Registrar's website (R-WAP)

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

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