Swiss Military Consumer Goods Limited Rights Issue (Swiss Military Consumer Goods Rights Issue 2022) Detail

₹44.23 Crores | Listing at BSE | Wed, Aug 10, 2022 - Thu, Aug 25, 2022

Swiss Military Consumer Goods Limited Logo

Swiss Military Consumer Goods Limited Rights Issue comprises 9.83 Cr equity shares aggregating to ₹44.23 Cr, offered at an issue price of ₹4.5 per share with a face value of ₹2 per share.

The record date for determining eligible shareholders is Jul 23, 2022.

As per the terms of payment, ₹4.5 per share payable in full at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 1, 2022.

The Rights Issue opens on Aug 10, 2022, and closes on Aug 25, 2022, with renunciation of Rights Entitlements permitted up to Aug 19, 2022.

The deemed date of allotment is Sep 7, 2022, following which the equity shares are expected to be credited to demat accounts on Sep 8, 2022 and listed on the BSE on Sep 13, 2022.

Turnaround Corporate Advisors Pvt.Ltd. is the Lead Manager to the issue and Alankit Assignments Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Swiss Military Consumer Goods Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Sat, Jul 23, 2022

Entitlement Ratio

:

Open Date

Wed, Aug 10, 2022

Close Date

Thu, Aug 25, 2022

Rights Issue Details

Rights Issue Timetable

Swiss Military Consumer Goods Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-204.484.06-0.24.05
31-Mar-214.135.240.034.07
31-Mar-2226.7155.72.7516.65
Amount in ₹ Crore

About Swiss Military Consumer Goods Limited

Swiss Military Consumer Goods Limited is engaged in the business of promoting, marketing and selling lifestyle products of all kinds including but not limited to travel gear, bags, key chains, mugs, golf accessories, electric and electronic products, gift items of all kinds & all other allied items, under the brand "Swiss Military" The company has three verticals in the lifestyle product category Essentials under Apparel Category - Men's Innerwear, Essentials under Appliances Category - Brown Goods/Home Appliances and Manufacturing RIFD e-seals.

Objects of the Issue:

The objects of the Issue are:

  1. Adjustment of unsecured loans against the entitlement of promoter.
  2. To meet the incremental working capital requirement.
  3. General Corporate Purposes.

Rights Issue Review

[Dilip Davda] The company is coming with its second RI within a year. It has posted good results for FY22 and also for Q1 of FY23, but the asking price is making it fully priced based on its financial performance so far. According to market circles, the counter is rigged to lure investors to this RI. Investors may consider parking of funds with a short to medium term perspective. Read detail review...

Company Contact Information

Swiss Military Consumer Goods Limited
W-39, Okhla Industrial Area,
Phase-II, New Delhi
110020

Rights Issue Registrar

Alankit Assignments Ltd.

Rights Issue Lead Manager(s)

  1. Turnaround Corporate Advisors Pvt.Ltd.

Rights Issue FAQs

The Swiss Military Consumer Goods Rights Issue 2022 opens on Wed, Aug 10, 2022, and closes on Thu, Aug 25, 2022.

Swiss Military Consumer Goods Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsMon, Aug 1, 2022
Last Date for renunciation of Rights EntitlementsFri, Aug 19, 2022
Issue Opening DateWed, Aug 10, 2022
Issue Closing DateThu, Aug 25, 2022
Date of Allotment (on or about)Wed, Sep 7, 2022
Date of Credit (on or about)Thu, Sep 8, 2022
Date of Listing (on or about)Tue, Sep 13, 2022
Swiss Military Consumer Goods Rights Issue 2022 price is set at ₹4.5 per share.
The eligible shareholders are being offered 1 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date (Sat, Jul 23, 2022).
The record date for the Swiss Military Consumer Goods Rights Issue 2022 is Sat, Jul 23, 2022.
The issue size of Swiss Military Consumer Goods Rights Issue 2022 is of 9,82,96,996 equity shares at ₹4.5 per share aggregating up to ₹44.23 Crores.
The Letter of Offer for Swiss Military Consumer Goods Rights Issue 2022 can be downloaded here.

You can apply for Swiss Military Consumer Goods Rights Issue 2022 in two ways:

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

Steps to apply for Swiss Military Consumer Goods Rights Issue 2022 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 Swiss Military Consumer Goods Rights Issue 2022 is available on the list.
  4. Click the Apply button next to the Swiss Military Consumer Goods Rights Issue 2022.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Swiss Military Consumer Goods Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Swiss Military Consumer Goods Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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