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Billwin Industries Ltd Rights Issue (Billwin Industries Rights Issue 2024) Detail

May 13, 2024 - June 10, 2024
Billwin Industries Ltd Logo

Mumbai-based Billwin Industries Ltd manufactures protective gear including life jackets, inflatable boats, and rainwear. The company sources raw materials from domestic and international markets.

The company offers a wide range of products including rainwear, rucksacks, life jackets, winter jackets, inflatable boats, dinghies, river rafts, sleeping bags, facial masks, and pulsar jackets..

The company's manufacturing unit is located at Bhandup West Mumbai, Maharashtra, and covers an area of approximately 5190 sq. ft. This facility is equipped with semi-automatic and automated equipment. The company sells products through tenders, distributors, and retailers. Its distribution channel covers Maharashtra, Kerala, Gujrat, Chattisgarh, Tamilnadu, Assam, Haryana, and Trivandrum Tripura.

The company also sells products through e-commerce platforms such as Amazon, Flipkart, Shopcules Xerve, and Buy Hatke.

Billwin Industries Rights Issue 2024 Detail

Issue Open May 13, 2024 - June 10, 2024
Security Name Billwin Industries Ltd
Issue Size (Shares) 2,130,724
Issue Size (Amount) ₹7.24 Crores
Issue Price ₹34 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

The full amount of the Issue Price being Rs.34/-(Rupees Thirty-four) will be payable on application.

Entitlement 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

Billwin Industries Rights Issue 2024 Issue Timetable

Last Date to buy sharesApril 26, 2024
Record Date April 29, 2024
Credit of Rights Entitlements
Bid/Offer Opens On May 13, 2024
Renunciation of Rights Entitlements May 15, 2024
Bid/Offer Closes On June 10, 2024
Deemed Date of Allotment May 23, 2024
Credit Date May 23, 2024
Listing Date May 27, 2024

Company Financials

Billwin Industries Ltd Financial Information (Restated Standalone)

Billwin Industries Ltd's revenue increased by 9.89% and profit after tax (PAT) rose by 239.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets11.9510.3010.47
Revenue4.824.392.85
Profit After Tax0.740.220.06
Reserves and Surplus3.572.832.61
Amount in ₹ Crore

Objects of the Issue:

The company intends to utilize the proceeds raised through the Issue towards the following objects:

  1. Funding the working capital requirement of the Company;
  2. General corporate purposes.

Billwin Industries Rights Issue 2024 Subscription Status

Billwin Industries Rights Issue 2024 got oversubscribed by 1.14 times by the end of the bidding period with total bid quantity received by BSE of 2,430,000 shares.

Billwin Industries Rights Issue 2024 Documents

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Company Contact Information

Billwin Industries Ltd
79, Vishal Indusiria!l Estate
Village Road,
Nahur(W), Mumbai-400078

Phone: +919987758506
Email: info@billwinindustries.com
Website: https://www.billwinindustries.com/

Billwin Industries Rights Issue 2024 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Billwin Industries Rights Issue 2024 Lead Manager(s)

Billwin Industries Rights Issue 2024 FAQs

The Billwin Industries Rights Issue 2024 opens on May 13, 2024, and closes on June 10, 2024.

Billwin Industries Rights Issue 2024 Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMay 15, 2024
Issue Opening DateMay 13, 2024
Issue Closing DateJune 10, 2024
Date of Allotment (on or about)May 23, 2024
Date of Credit (on or about)May 23, 2024
Date of Listing (on or about)May 27, 2024

Billwin Industries Rights Issue 2024 price is set at ₹34 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (April 29, 2024).

The record date for the Billwin Industries Rights Issue 2024 is April 29, 2024.

The issue size of Billwin Industries Rights Issue 2024 is of 2,130,724 equity shares at ₹34 per share aggregating upto ₹7.24 Crores.

The Letter of Offer for Billwin Industries Rights Issue 2024 can be download here.

You can apply for Billwin Industries Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Billwin Industries Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Billwin Industries Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Billwin Industries Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Billwin Industries Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Billwin Industries Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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