Sonalis Consumer Rights Issue dates are 11 – 25 April 2025.
Sonalis Consumer Products has ventured into contract farming and lease farming for grains. The company is also involved in warehousing, storage facilities, and godown rental services, along with offering cold storage solutions. In addition, it focuses on processing and distributing raw agricultural products into market-ready goods and supplying these finished products across Maharashtra and Gujarat, with plans to expand distribution nationwide. The company has also absorbed the business and distribution network of “Appetite Food.”
The company’s product range includes granola bars, healthy laddus, puffs, cheeselings, chakli, diet bhel, and sev, all manufactured in-house at their facility in Vasai, Maharashtra. As of 31 March 2024, the company has 9 employees.
Promoters of Sonalis Consumer Products – Ms. Sonali Nilesh Kocharekar and Ms. Smita Shashikant Shah
Table of Contents
Sonalis Consumer Rights Issue Details
| Sonalis Consumer Rights Issue Date | 11 – 25 April 2025 |
| Sonalis Consumer Rights Issue Price | INR 54.6 per share |
| Issue Size (in Shares) | 29,98,500 shares |
| Issue Size (in INR) | INR 16.37 crore |
| Issue Entitlement | 3 equity shares for every 2 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Sonalis Consumer Rights Issue Record Date | 28 March 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Sonalis Consumer Rights Issue Calculation
| Sonalis Consumer Rights Issue Price | INR 54.6 per share |
| Market Price on Rights Issue Approval | INR 48.64 per share |
| Dilution Factor (X) | 2.5 |
| Fair Value After Dilution at Prevailing Price | INR 52.22 per share |
Sonalis Consumer Financial Performance
| FY 2023 | FY 2024 | |
| Revenue | 6.52 | 4.08 |
| Expenses | 6.37 | 4.06 |
| Operating Margin (%) | 2.30 | 0.49 |
| Net Income | 0.00 | 0.02 |
| ROCE (%) | 1.55 | 0.47 |
Sonalis Consumer Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Funding capital expenditure requirements for the construction of building – INR 3.41 crore
- Funding capital expenditure requirements for the purchase of equipment/machinery – INR 3.93 crore
- Working Capital Requirement – INR 6.91 crore
- To meet general corporate purposes – INR 2 crore
Sonalis Consumer Rights Offer Documents
- Sonalis Consumer Rights Issue Application Form
- Sonalis Consumer Letter of Offer
- Board Meeting Outcome
- Sonalis Consumer Draft Letter of Offer
- Rights Issue in 2024
Sonalis Consumer Rights Issue Dates
| Rights Issue Approval Date | 24 March 2025 |
| Rights Issue Record Date | 28 March 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 11 April 2025 |
| Last Date for Market Renunciation | 21 April 2025 |
| Rights Issue Closing Date | 25 April 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Sonalis Consumer Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Opp. Kasturba Hospital Lane
Lower Parel (E) Mumbai – 400011, Maharashtra, India
Phone: 022-49614132/3522 0056
Email: newissue@purvashare.com
Website: www.purvashare.com
Sonalis Consumer Contact Details
SONALIS CONSUMER PRODUCTS LIMITED
HD-275, WeWork Oberoi Commerz II, 20th floor,
CTS No. 95, 4 B 3 & 4 590, Off W. E. Highway,
Oberoi Garden City, Goregaon East, Mumbai,
Goregaon East, Maharashtra – 400063, India
Phone: +91-9867611444
Email: cs@appetitefood.in
Website: www.appetitefood.in
Sonalis Consumer Rights Offer FAQs
What is the Sonalis Consumer Rights Issue Price?
The issue price is INR 54.6 per share.
What is the Sonalis Consumer Rights Issue entitlement ratio?
The eligible shareholders are offered 3 equity shares for every 2 equity shares held on the record date.
What is the Sonalis Consumer Rights Issue Record Date?
The Record date is 28 March 2025.
How to Apply in Sonalis Consumer Rights Offer?
The best way to apply in Sonalis Consumer 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.