Som Distilleries & Breweries Rights Issue Details

Som Distilleries & Breweries Rights Issue Details

About Som Distilleries & Breweries

Som Distilleries & Breweries is primarily engaged in production of beer and blending and bottling of Indian Made Foreign Liquor (IMFL). The compmany offer a broad portfolio of products at different price points to cater to varied preferences of consumers. The product portfolio consists of various options across beer, rum, brandy, vodka, and whisky categories.

The flagships brands include Hunter, Black Fort, Power Cool and Woodpecker in the Beer segment and Milestone 100 whisky and White Fox vodka in the IMFL segment. Other popular IMFL brands of us include Legend, Genius, Sunny, Gypsy and Blue Chip. With around 90% of the revenues coming from beer, the company has three key brands (with sales more than 1 million cases per annum) i.e. Hunter, Black Fort and Power Cool. Hunter and Woodpecker brands are supplied as draught beer to all major hotels in Madhya Pradesh and Chhattisgarh.

The company has recently launched ‘Woodpecker’ Wheat Beer, India’s first filtered wheat beer. The manufacturing unit is located at Bhopal (Madhya Pradesh).

Important Details – Som Distilleries & Breweries

March 26, 1993 – Som Distilleries and Breweries Limited was incorporated as a public limited company

Objects of the Issue

  • To meet long term working capital requirements of the Company; and
  • General corporate purposes.

Som Distilleries & Breweries Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in crore)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 712.00 757.00 687.00
Total income 510.00 715.00 556.00
Total Expenses 549.00 694.00 525.00
Profit After Tax (38.00) 15.00 19.74

Som Distilleries Rights Issue Detail

DescriptionSDBL IPO Details
Right IssueIssue of up to 49,99,058 fully paid up equity shares of face value of Rs. 5/- each (“rights equity shares”) for cash at a price of Rs. 35/- per rights equity share (including a premium of Rs. 30/- per rights equity share) aggregating upto Rs. 1,749.67/- Lakhs
Issue Open  Date17-Jan-22
Issue Close Date31-Jan-22
Issue Size – No.of Shares49,99,058
Issue Size – Amount₹ 1,749.67 Lakhs
Issue Price₹ 35
Face Value ₹ 5
Market Lot 1 per share
LTP on 11th Jan 2022₹ 48.50
Listing BSE
EntitlementRatio of 1 Rights equity shares for every 13 fully paid-up equity shares held by the eligible equity shareholders on the record date, that is on Monday, January 03, 2022.
BSE SymbolSDBL

SDBL Issue Lead Managers

  • Saffron Capital Advisors Pvt Ltd

SDBL Rights Issue Registrar

  • MAS Services Ltd

Company Promoters

  • Jagdish Kumar Arora,
  • Ajay Kumar Arora,
  • Sunita Arora,
  • Natasha Arora,
  • Sweena Arora
  • Deepak Arora
  • Surjeet Lal
  • Aalok Deep Finance Private Limited
  • Som Distilleries Private Limited

Som Distilleries & Breweries Rights Issue Importat Dates

DetailsDate
Bid / Offer Opens onJan 17, 2022
Bid / Offer Closes onJan 31, 2022
Record DateJan 3, 2022
Finalisation of Basis of AllotmentFeb 7, 2022
Date of AllotmentsFeb 8, 2022
Date of CreditFeb 10, 2022
Date of listingFeb 9, 2022

Company Corporate Office

23, Zone-II, M.P. Nagar,
Bhopal – 462 011,
Madhya Pradesh,
Website: www.somindia.com

Company Registered Office

1A, Zee Plaza, Arjun Nagar,
S.J. Enclave,
Kamal Cinema Road,
New Delhi – 110 029

Som Distilleries & Breweries RI- FAQS

What is a Rights Issue?

Check the complete details about the Rights issue here – Click here

When Som Distilleries & Breweries Rights Issue will open?

The Som Distilleries & Breweries Rights Issue opens on Jan 17, 2022 and closes on Jan 31, 2022

What is the issue price of Som Distilleries rights issue?

The Som Distilleries & Breweries rights issue price is Rs.35

What is the record date for Som Distilleries & Breweries right issue?

The Record date for Som Distilleries & Breweries rights issue is Jan 03, 2022

Who is the Registrar for Som Distilleries & Breweries right issue?

The Registrar for Som Distilleries & Breweries rights issue is MAS Services Ltd

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