LWS Knitwear Rights Issue Details, Record Date, Issue Price, Subscription

LWS Knitwear Rights Issue details are released LWS Knitwear plans to issue 96,10,960 equity shares amounting to Rs 17.70 crores. LWS Knitwear Rights issue price is Rs 18 per share, and the face value is Rs 1 per share.

LWS Knitwear Rights Issue open date is December 6, 2024 and closes on December 16, 2024. LWS Knitwear rights issue entitlement ratio is 19: 10, which is 19 Rights equity Shares for every 10 fully paid up equity shares.

The LWS Knitwear Rights Issue record date is November 28, 2024. The last date to buy shares of LWS Knitwear is November 27, 2024. Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement, offer price, terms of payment, live subscription and bidding updates will be available soon.

LWS Knitwear Rights Issue Allotment date, Credit date and listing date is not yet announced.

The register for the LWS Knitwear Rights Issue is Beetal Financial and Computer Services Limited.

The book-running lead managers are yet to be announced.The listing will be at BSE, and the terms of payment are the full amount payable on the application.

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LWS Knitwear Rights Issue Details

LWS Knitwear Rights Issue details are released LWS Knitwear plans to issue 96,10,960 equity shares amounting to Rs 17.70 crores. LWS Knitwear Rights issue price is Rs 18 per share, and the face value is Rs 1 per share. The rights issue entitlement ratio is 19:10, which is 19 Rights equity Shares for every 10 fully paid up equity shares.

LWS Knitwear Rights Issue Dates

LWS Knitwear Rights Issue open date is December 6, 2024 and closes on December 16, 2024. The LWS Knitwear Rights Issue record date is November 28, 2024. The last date to buy shares of LWS Knitwear is November 27, 2024.

LWS Knitwear Rights Issue Objectives

LWS Knitwear Rights Issue objective is to raise funds from the existing shareholders. The funds received from this issue will be utilised for meeting the day-to-day capital requirements. Also for the repayment of the past borrowings taken by the company. The remaining money will be used for general corporate purposes.

LWS Knitwear Rights Issue Subscription

Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement, offer price, terms of payment, live subscription and bidding updates will be available soon.

LWS Knitwear Limited: About Company

LWS Knitwear Limited incorporated in 1989, is manufacturer of winter and summer wear garments at Ludhiana, Punjab.

LWS Knitwear Limited engaged in trading of knitwear of various textures. Knitwear is used for manufacturing various garments like dresses, skirts, tops, undergarments, pajamas, t-shirts, shawls, sweaters, etc.

The company’s business strategy is to expand production capacity and improve operational efficiency.The expected savings resulting from the backward integration of its activities will be utilized for the company's production activities.

LWS Knitwear Limited Financials (in crore)

LWS Knitwear Limited reported a revenue of Rs 75.13 crore and net loss of Rs 1.40 crore. The company’s revenue increased by 19.99% and profit after tax rose by 376.42% between the FY ending with March 31, 2024 and March 31, 2023.

LWS Knitwear Rights Issue Registrar

LWS Knitwear Limited registrar is Beetal Financial and Computer Services Private Limited. The book-running lead managers are not yet announced. 

FAQs

1. What are the details of the LWS Knitwear Rights Issue?

LWS Knitwear Rights Issue details are released LWS Knitwear plans to issue 96,10,960 equity shares amounting to Rs 17.70 crores. LWS Knitwear Rights issue price is Rs 18 per share, and the face value is Rs 1 per share. LWS Knitwear rights issue entitlement ratio is 19: 10, which is 19 Rights equity Shares for every 10 fully paid up equity shares.

2. LWS Knitwear Rights Issue open and close date?

LWS Knitwear Rights Issue open date is December 6, 2024 and closes on December 16, 2024. The LWS Knitwear Rights Issue record date is November 28, 2024. The last date to buy shares of LWS Knitwear is November 27, 2024.

3. How can I apply for the LWS Knitwear Rights Issue?

You can apply for the Rights Issue once it opens for a subscription. Just visit the registrar's website to apply for the rights issue online.

4. What is the entitlement ratio for the LWS Knitwear Right Issue?

LWS Knitwear rights issue entitlement ratio is 19:10, which is 19 Rights equity Shares for every 10 fully paid up equity shares.

5. How can I check the LWS Knitwear Issue Allotment Status?

The registrar for this upcoming rights issue is Beetal Financial and Computer Services Private Limited. Investors can check out the allotment by visiting the registrar's website.

6. What is the LWS Knitwear Rights Issue record date?

The LWS Knitwear Rights Issue record date is November 28, 2024. The last date to buy shares of LWS Knitwear is November 27, 2024.

7. What is the listing date of the LWS Knitwear Right Issue ?

LWS Knitwear Rights Issue listing date is yet to be announced.

8. Who is the registrar and lead managers of LWS Knitwear Right Issue?

LWS Knitwear Limited registrar is Link Intime India Private Limited. The book-running lead managers are yet to be announced. 

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