Lws Knitwear Ltd Right Issue

₹17.30 Cr BSE 12 Dec 2024 – 24 Dec 2024

Closed Ratio: 19 : 10 BSE
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Issue Price
₹18.00
Face Value
₹10.00
Issue Size (Shares)
9,610,960
Issue Size (₹ Cr.)
₹17.30
📅 Right Issue Timetable
Last Date to Buy SharesWed, Nov 27, 2024
Record DateThu, Nov 28, 2024
Credit of Rights EntitlementsFri, Dec 13, 2024
Bid/Offer Opens OnThu, Dec 12, 2024
Issue Open DateThu, Dec 12, 2024
Renunciation Last DateThu, Dec 19, 2024
Bid/Offer Closes OnTue, Dec 24, 2024
Issue Close DateTue, Dec 24, 2024
Deemed Date of AllotmentFri, Dec 20, 2024
Credit DateFri, Dec 27, 2024
Listing DateFri, Dec 27, 2024
📋 Right Issue Details
Issue Size (Shares)9,610,960
Issue Size (Amount)₹17.30 Cr.
Issue Price₹18.00 per share
Face Value₹10.00 per share
Entitlement Ratio19 : 10
Listing AtBSE
Terms of PaymentThe entire amount of the Issue Price per Rights Equity Share shall be payable at the time of Application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income75.1362.6261.76
EBITDA
Net Worth12.0310.7910.49
Reserves & Surplus7.135.735.44

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Part repayment or prepayment of unsecured loans availed from the Promoters and from the member of the Promoter Group
2To meet the working capital requirements
3General corporate purposes
🏢 About the Company
Incorporated in May 1989, LWS Knitwear Limited manufactures winter and summer garments in Ludhiana, Punjab.

The company currently trades knitwear of various textures. Knitwear is used for manufacturing various garments like dresses, skirts, tops, undergarments, pyjamas, t-shirts, shawls, sweaters, cardigans, matching dresses, leggings, cardigans, shirts, turtlenecks, cuffs, cardigans, sweaters, collars etc.

They source these products from third-party manufacturers and retailers.

As of September 30, 2023, the company employs eight people in various departments.
📞 Company Contact
CompanyLws Knitwear Ltd
AddressG T Road, (West)
Ludhiana 141008
Punjab, India
Indi, Karnataka, 141008
Phone98778 15974
Emailinfo@lwsknitwear.com
WebsiteVisit ↗
📝 Registrar
NameBeetal Financial & Computer Services Pvt.Ltd.
Phone011-42959000/42959009
Emailbeetal@beetalfinancial.com
WebsiteVisit ↗