Sakuma Exports Ltd Right Issue

₹199.83 Cr BSE, NSE 25 Apr 2024 – 24 May 2024

Closed Ratio: 33 : 98 BSE, NSE
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Issue Price
₹25.30
Face Value
₹1.00
Issue Size (Shares)
78,984,298
Issue Size (₹ Cr.)
₹199.83
📅 Right Issue Timetable
Last Date to Buy SharesFri, Apr 12, 2024
Record DateMon, Apr 15, 2024
Credit of Rights Entitlements
Bid/Offer Opens OnThu, Apr 25, 2024
Issue Open DateThu, Apr 25, 2024
Renunciation Last DateFri, May 24, 2024
Bid/Offer Closes OnFri, May 24, 2024
Issue Close DateFri, May 24, 2024
Deemed Date of AllotmentMon, Jun 3, 2024
Credit DateWed, Jun 5, 2024
Listing DateThu, Jun 6, 2024
📋 Right Issue Details
Issue Size (Shares)78,984,298
Issue Size (Amount)₹199.83 Cr.
Issue Price₹25.30 per share
Face Value₹1.00 per share
Entitlement Ratio33 : 98
Listing AtBSE, NSE
Terms of PaymentThe full amount of the Issue Price being Rs.25.30 will be payable on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income3,180.402,860.321,333.48
EBITDA
Net Worth
Reserves & Surplus252.84231.07207.72

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To augment the existing and incremental working capital requirement of our Company; and
2General corporate purposes
🏢 About the Company
Incorporated in December 1998, Sakuma Exports Limited trades agricultural commodities such as sugar, pulses, maize, cotton, and rice. SEL imports and exports to USA, Asia, Africa, Far East Asia, Europe, Australia, and Middle East.

Sakuma Group is coimprises of SEL and six other companies located in Dubai, Singapore, Ghana, Tanzania, Canada, and Bahrain.

SEL and its six subsidiaries serve a range of well-known customers in the international agro commodities trading industry. Some of their key customers are COFCO International Singapore Pte Ltd, Wilmar Sugar PTE Limited, Viterra BV, EDF & MAN Commodities, and other similar traders. It's worth noting that the company's revenue is not heavily reliant on any one specific customer.

The company has received certification from FSSAI, RCMC and APEDA certified for its areas of operations.

As of December 31, 2023, the company employs 96 employees in various departments.
📞 Company Contact
CompanySakuma Exports Ltd
AddressAurus Chamber, A 301-302, Near Mahindra Tower
S S Amrutwar Lane, Worli-400013,
Mumbai
Mumbai, Maharashtra, 400013
Phone+91 22 24999021
Emailcompanysecretary@sakumaexportsltd.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989/8069219065/8069219060
Emailinvestor@bigshareonline.com
WebsiteVisit ↗