Sawaca Business Machines Ltd Right Issue

₹45.76 Cr BSE 2 Apr 2024 – 30 Apr 2024

Closed Ratio: 4 : 1 BSE
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Issue Price
₹1.00
Face Value
₹1.00
Issue Size (Shares)
457,639,600
Issue Size (₹ Cr.)
₹45.76
📅 Right Issue Timetable
Last Date to Buy SharesWed, Mar 6, 2024
Record DateThu, Mar 7, 2024
Credit of Rights EntitlementsThu, Mar 28, 2024
Bid/Offer Opens OnTue, Apr 2, 2024
Issue Open DateTue, Apr 2, 2024
Renunciation Last DateMon, Apr 8, 2024
Bid/Offer Closes OnTue, Apr 30, 2024
Issue Close DateTue, Apr 30, 2024
Deemed Date of AllotmentFri, Apr 19, 2024
Credit DateWed, Apr 24, 2024
Listing DateFri, Apr 26, 2024
📋 Right Issue Details
Issue Size (Shares)457,639,600
Issue Size (Amount)₹45.76 Cr.
Issue Price₹1.00 per share
Face Value₹1.00 per share
Entitlement Ratio4 : 1
Listing AtBSE
Terms of PaymentFull Amount for Rights Equity Shares shall be payable by the eligible shareholders at the time of making an application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income3.653.823.67
EBITDA
Net Worth12.9112.7712.37
Reserves & Surplus0.931.971.75

Amount in ₹ Crore

🏢 About the Company
Established in 1994, Sawaca Business Machines Limited is an Ahmedabad-based company engaged in the trading and export of machinery and local trading of metal scrap and cotton bales.

In Metal Trading, the company buys and sells various metals, including iron, steel, aluminum, copper, and other base metals.

Sawaca Business Machines Limited trades in perfumery chemicals, metal scraps, and cotton bales. They offer aromatic chemicals, such as geraniol, arsinon, D lemonene, and musk 101, and essential oils, including orange oil, patcholi oil, and various industrial perfumery compounds.

Sawaca Business Machines Limited also provides technical support, software development, and resource deployment for projects. Its IT services segment offers technology solutions to clients from various industries. The company has been in IT consulting and support for years and recently launched a matrimonial website/portal called www.nextgenshaadi.com.

As of 31 May 2023, the company has total of 7 employees in various departments.
📞 Company Contact
CompanySawaca Business Machines Ltd
Address45, Chinubhai Towers, Opp. Handloom House,
Ashram Road,
Ahmedabad - 380009
Ahmedabad, Gujarat, 380009
Phone079-2658 7363
Emailsawaca.business@yahoo.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗