25-Apr-2024
2 mins read
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Billwin Industries Limited came up with the rights Issue. The company reported the issue size of net 2,130,724 Equity shares at the issue price of Rs 34 each share, which amounts to Rs 7.24 Crores. The opening & closing dates for the subscription for the rights Issue are May 13, 2024, and May 20, 2024, respectively. Meanwhile, the face value is reported at Rs 10 per share. An investor who does not own shares of Billwin Industries Limited can buy its shares till April 26, 2024, to be eligible for this rights issue, which is the last date to buy shares, whereas the record date for the rights Issue is mentioned by the company is April 29, 2024. However, the registrar and lead manager for this rights issue is yet to be disclosed.
About Billwin Industries Limited
Billwin Industries Ltd, headquartered in Mumbai, specializes in manufacturing protective gear, including life jackets, inflatable boats, and rainwear. By sourcing raw materials from both domestic and international markets, the company ensures the quality of its products. The company offers a wide range of items such as rainwear, rucksacks, winter jackets, and more; Billwin caters to various customer needs. Situated in Bhandup West Mumbai, Maharashtra, the company's manufacturing unit spans approximately 5190 sq. ft. and is equipped with semi-automatic and automated equipment. Billwin Industries distributes its products through tenders, distributors, and retailers across multiple states, including Maharashtra, Kerala, Gujarat, and Tamil Nadu. Furthermore, the company leverages e-commerce platforms like Amazon, Flipkart, Shopcules Xerve, and Buy Hatke to reach a wider audience and enhance its market presence.
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Financial Performance of Billwin Industries Limited (Amt in Rs Crore)
Billwin Industries Limited reported Rs 4.82Cr of net revenue for FY 22-23, which is increased by 9.80% compared to FY 21-22, whereas Profit after tax is reported Rs 0.74Cr for FY 22-23, i.e. also increased by 236.37%.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
| Assets | 11.95 | 10.3 | 10.47 |
| Revenue | 4.82 | 4.39 | 2.85 |
| Profit After Tax | 0.74 | 0.22 | 0.06 |
| Net Worth | 3.57 | 2.83 | 2.61 |
Important Dates for Billwin Industries Rights Issue
| Issue Open | May 13, 2024 - May 20, 2024 |
| Security Name | Billwin Industries Ltd. |
| Issue Size (Shares) | 2,130,724 |
| Issue Size (Amount) | Rs 7.24 Crores |
| Issue Price | Rs 34 per share |
| Face Value | Rs 10 per share |
| Listing At | BSE |
| Terms of Payment | Not yet disclosed |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Timetable of Billwin Industries Rights Issue
| Last Date to buy shares | 26-Apr-24 |
| Record Date | 29-Apr-24 |
| Credit of Rights Entitlements | Yet to be announced |
| Bid/Offer Opens On | 13-May-24 |
| Renunciation of Rights Entitlements | 15-May-24 |
| Bid/Offer Closes On | 20-May-24 |
| Deemed Date of Allotment | Yet to be announced |
| Credit Date | Yet to be announced |
| Listing Date | Yet to be announced |
How do I apply for the Billwin Industries Rights Issue?
Once the Billwin Industries Rights Issue application is open for subscription, you can click here to apply with Bigul.
How do you check the allotment status of the Billwin Industries Rights Issue?
The registrar for this rights issue has yet to be declared. Once the registrar is announced, you can check it by visiting the registrar's website.
FAQs
1. What is the Billwin Industries Rights Issue opening and closing date?
The opening date and closing date of the rights issue are May 13, 2024, and May 20, 2024, respectively.
2. What is the record date for the Billwin Industries Rights Issue?
The record date, which is the date to determine the shareholder's eligibility for the Rights Issue, is April 29, 2024.
3. What is the last Date to buy Shares?
To get eligible for the rights issue of Billwin Industries limited, an investor can buy its shares till April 26, 2024.
4. What are the recent financial updates of Billwin Industries Limited?
Billwin Industries Limited reported Rs 4.82Cr of net revenue for FY 22-23, which is increased by 9.80% compared to FY 21-22, whereas Profit after tax is reported Rs 0.74Cr for FY 22-23, i.e. also increased by 236.37%.
5. How can I apply for the Billwin Industries Rights Issue?
You can apply for the Billwin Industries Rights Issue rights issue by visiting here.
6. How can I check the allotment status of the Billwin Industries Issue?
The registrar for this rights issue is yet to be announced. However, once it is disclosed, you can check it by visiting the registrar's website.
7. Where will the Billwin Industries Rights Issue be listed?
The Rights Issue will be listed on the Bombay Stock Exchange (BSE).
8. What is the entitlement ratio for the Billwin Industries Limited Rights Issue?
The entitlement ratio is set at 1 Rights Equity Share for every 1 fully paid-up equity share held on the record date of April 26, 2024.
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