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Right Issue Status: Upcoming [13th May 2024 to 20th May 2024]
Billwin Industries Limited is offering a rights issue of Rs 7.24 Cr . The subscription for this Rights Issue is opening from 13 May 2024 to 20 May 2024. Held on the record date is 29 Apr 2024. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs 34 for each share
Stay connected with us to more about Billwin Industries Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.
Billwin Industries Issue Details | Values |
---|---|
Category | RightIssue |
Right Issue Issue Size (Shares) | 0.21 Cr Shares |
Right Issue Issue Size (Amount) | ₹7.24 Cr |
Face Value | ₹10 Per Equity Share |
Right Issue - Issue Price | ₹34 per share |
Right Issue Record Date | 29th Apr 2024 |
Right Issue Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Right Issue Terms of payment | The full amount of the Issue Price being Rs.34/-(Rupees Thirty-four) will be payable on application. |
Listing At | BSE |
BSE Code | 543209 |
NSE Code |
In this section we have covered all important dates related to Billwin Industries Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
Right Issue Activity | Date |
---|---|
Right Issue Issue Open Date | 13th May 2024 |
Right Issue Issue Close Date | 20th May 2024 |
Basis of Allotment Finalisation Date* | |
Refunds Initiation* | 15th May 2024 |
Credit of Shares to Demat Account* | |
Right Issue Listing Date* |
* - Tentative Dates
Zerodha Trade@20
Billwin Industries Limited was founded in February 2024. The company is engaged in the manufacture of protective equipment; this equipment mainly consists of rain gear, life jackets and inflatable boats used in seas and other water bodies for safety. The raw material used to manufacture this protective equipment is called coated fabric. They also trade in the protective equipment they manufacture. The product range includes raincoats, rain jackets, pulsar jackets, winter jackets, inflatable boats, sleeping bags, satchels, life jackets, backpacks, face masks, etc.
The Company's manufacturing facility is located at 79, Vishal Industrial Estate Village Road, Bhandup West Mumbai Maharashtra and has a total area of approximately 5190 square meters at the time of filing the Draft Prospectus. This manufacturing facility is known for its internal quality management. The manufacturing process starts with the procurement of the coated fabrics and then includes the process of cutting, stitching, finishing, checking and packaging of the final products.
This will be reflected in the company's profitability. The acquisition also provides the opportunity to leverage the combined assets and build a stronger, more sustainable business. It allows for optimal utilization of existing resources and provides the opportunity to fully leverage the strong assets, skills, experience and expertise. Other benefits include greater reserves, investment, goodwill, manpower, funding, customers, distributors, brands, etc. available to the business to meet its needs.
Past performance and financial results of Billwin Industries .
Billwin Industries Ltd's revenue increased by 9.89% and profit after tax (PAT) rose by 239.63% between the financial year ending with March 31, 2023 and March 31, 2022.
Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 11.95 | 10.30 | 10.47 |
Revenue | 4.82 | 4.39 | 2.85 |
Profit After Tax | 0.74 | 0.22 | 0.06 |
Reserves and Surplus | 3.57 | 2.83 | 2.61 |
Amount in ₹ Crore |
The table below is live update of Right Issue bidding details from NSE and BSE.
Billwin Industries Right Issue Offer Document (Letter of Offer) >>Document
Billwin Industries Right Issue Offer Document (Letter of Offer) >>Billwin Industries Right Issue Red Herring Prospectus is not yet available.
Billwin Industries Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Billwin Industries Right Issue Online Application (Registrar & Transfer Agent) >>Billwin Industries Right Issue RTA information is not yet available.
Last Updated on 2024-05-05T05:32:50+00:00