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Sakuma Exports Right Issue Details 2024

Right Issue Status: Open [25th Apr 2024 to 13th May 2024]

Rated 3/5 by Team InvestorGain

Sakuma Exports  Right Issue Detail

Sakuma Exports Limited is offering a rights issue of Rs 199.83 Cr. The subscription period for this rights issue will be 25 Apr 2024 to 13 May 2024. The company issues entitlement of 33 Rights equity shares for every fully paid-up 98 equity shares held on the record date of 15 Apr 2024. The face value of a share is Rs. 01 per share and the right issue price is fixed at Rs. 25.3 per share.

Stay connected with us to more about Sakuma Exports Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.

Sakuma Exports Right Issue Objective

Thr Company intends to utilize the proceeds of the Issue, after deducting Issue related expenses ("Net Proceeds")towards the following objects:
  1. To augment the existing and incremental working capital requirement of our Company; and
  2. General corporate purposes

Sakuma Exports Right Issue Details

Sakuma Exports Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 7.90 Cr Shares
Right Issue Issue Size (Amount) ₹199.83 Cr
Face Value ₹1 Per Equity Share
Right Issue - Issue Price ₹25.3 per share
Right Issue Record Date 15th Apr 2024
Right Issue Entitlement 33 Rights Equity Share(s) for every 98 fully paid-up Equity Shares held on Record Date
Right Issue Terms of payment

The full amount of the Issue Price being Rs.25.30 will be payable on application.

Listing At BSE, NSE
BSE Code 532713
NSE Code SAKUMA

Sakuma Exports Right Issue Dates

In this section we have covered all important dates related to Sakuma Exports 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.

Sakuma Exports Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 25th Apr 2024
Right Issue Issue Close Date 13th May 2024
Basis of Allotment Finalisation Date* 21st May 2024
Refunds Initiation* 7th May 2024
Credit of Shares to Demat Account* 23rd May 2024
Right Issue Listing Date* 24th May 2024

* - Tentative Dates

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About Company - Sakuma Exports

Sakuma Exports Limited was established in December 1998. The company is engaged in international and domestic trade. The company's main activities in international export include direct export, indirect export and import of various goods and commodities. Domestically, the company is mainly engaged in the sale and purchase of goods. The company trades in agricultural commodities such as sugar, pulses, corn, cotton and rice. SEL imports and exports to the USA, Asia, Africa, Far East Asia, Europe, Australia and the Middle East.

The company has developed a business strategy to switch exports from one commodity to another when demand changes or prices for a commodity are inconsistent during a season. This policy followed by the management ensures that the company does not go through a lean period during the year.

The Sakuma team is a perfect blend of experienced technical, commercial/logistics and financial professionals. Together with the company’s vision, backed by expertise, hard work and tireless dedication, this has led to the company's sustained growth.

Sakuma Exports Financials for past 3 Years

Past performance and financial results of Sakuma Exports .

Sakuma Exports Ltd. Financial Information (Restated Consolidated)

Sakuma Exports Ltd.'s revenue increased by 11.19% and profit after tax (PAT) rose by 3.65% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets571.42669.31429.99
Revenue3,180.402,860.321,333.48
Profit After Tax28.4527.4411.03
Reserves and Surplus252.84231.07207.72
Total Borrowing16.5285.534.98
Amount in ₹ Crore

Sakuma Exports Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    Sakuma Exports Ltd.
    17, Chemox House, 7, Barrack Road, Bombay Hospital Lane, New Marine Lines
    Mumbai,Maharashtra-400020
    India
    Website: https://sakumaexportsltd.com/
    Phone: +91 22 24999021
    Email: [email protected]

    Registrar

    Bigshare Services Pvt Ltd
    1st Floor, Bharat Tin Works Building,
    Opp. Vasant Oasis,Makwana Road,
    Marol, Andheri(E), Mumbai - 400 059
    Website: https://ipo.bigshareonline.com/IPO_Status.html
    Phone: +91-22-6263 8200
    Email: [email protected]

    Lead Manager

    1. First Overseas Capital Limited

    Sakuma Exports Right Issue Offer Document (Letter of Offer) >>Document

    Sakuma Exports Right Issue Offer Document (Letter of Offer) >>Sakuma Exports Right Issue Red Herring Prospectus is not yet available.

    Sakuma Exports Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Sakuma Exports Right Issue Online Application (Registrar & Transfer Agent) >>Sakuma Exports Right Issue RTA information is not yet available.

    Sakuma Exports Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Sakuma Exports ? Should I apply in Sakuma Exports Right Issue?

    Last Updated on 2024-05-01T23:32:44+00:00


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