RSWM Rights Issue Date, Price, Allotment, Entitlement

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RSWM Rights issue 2022

RSWM Rights Issue is scheduled on 23 December 2022 – 6 January 2023

RSWM is a textile manufacturer and exporter of Synthetic, Blended, Mélange, Cotton, Specialty value added yarns and also manufactures Fabrics, Denim and Green Polyester Fiber.

The company primarily produces different varieties of yarns like synthetic, blended, mélange, cotton, specialty, and value-added yarns suitable for suitings, shirtings, hosiery, carpet, denim, and technical textiles, and industrial applications and denim fabric, synthetic fabric for renowned brands.

Grey/Dyed PV Blended Specialty Yarns from unorthodox fibers, Greige yarn sold under the brand name ULTIMA and Melange yarn used in casual wear, sportswear, shirts, socks, inner wear as well as towels, and other home linen.

The company has 3000+ denim variants and is sold by LNJ Denim, a denim-manufacturing facility established in 2007 under RSWM Limited. They are ranked among the Top 10 suppliers of Denim. The company exports to more than 78+ nations globally like Africa, South East Asia, Europe, the Middle East, USA.

The company has a strong presence in Mélange yarn, a high-value yarn, which is manufactured at its Mandapam and Kanyakheri units. Its product segment contributes about 21% to the revenue earned by the yarn vertical. 

rswm right 1

Promoters of RSWM – Lakshmi Niwas Jhunjhunwala And Ravi Jhunjhunwala


RSWM Rights Issue Date, Size & Price

RSWM Rights Issue Date23 December 2022 – 6 January 2023
RSWM Rights Issue PriceINR 100 per share
Issue Size (in Shares)2,35,50,842 shares
Issue Size (in INR)INR 235.51 crore
Issue Entitlement1 Rights Share for every 1 Equity Shares held on Record Date
Terms of PaymentThe full amount is payable on Application
RSWM Rights Issue Record Date16 December 2022
Face ValueINR 10 per share
Listing OnNSE, BSE

RSWM Financial Performance

 FY 2020FY 2021FY 2022
Revenue2,771.032,326.023,817.42
Expenses2,641.992,233.493,452.98
Net income22.6721.61239.98
Margin (%)0.820.936.29
Figures in INR crore unless specified otherwise

RSWM Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • Coming soon
  • Coming soon
  • Coming soon
  • General corporate purposes

RSWM Rights Offer Documents


RSWM Rights Issue Timetable

RSWM Rights Issue Record Date16 December 2022
Credit of Rights Entitlement22 December 2022
RSWM Rights Issue Opening Date23 December 2022
Last Date for Market Renunciation02 January 2023
RSWM Rights Issue Closing Date6 January 2023
Finalization of Basis of Allotment12 January 2023
RSWM Rights Allotment Date13 January 2023
Credit Date 16 January 2023
Listing Date18 January 2023

RSWM Valuations & Margins

FY 2020FY 2021FY 2022
ROCE (%)4418.20
OPM (%)7811
ROE (%)26.4

RSWM Rights Issue Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222/1800 309 4001
Email: 
[email protected]
Website: 
www.kfintech.com


RSWM Contact Details

RSWM LIMITED
Bhilwara Towers, A-12, Sector-1
Noida – 201 301 (NCR-Delhi), India
Phone: +91-120-4390300
Email: 
[email protected]
Website: 
www.rswm.in


RSWM Rights Offer FAQs

What is price of RSWM Rights Issue?

The issue price is INR 100 per share.

What is entitlement ratio of RSWM Rights Issue?

The eligible shareholders are offered 1 Equity Share for every 1 existing share held by the eligible shareholder as on the Record date.

What is the Record Date of RSWM Rights Issue?

The Record date is 16 December 2022.

How to Apply in RSWM Rights Offer?

The best way to apply in RSWM Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.

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