Sawaca Business Machines Rights Issue 2024 Date, Price, Allotment, Ratio

Sawaca Business Machines rights issue date is fixed, the rights issue is to open on April 2 and will close on April 12, 2024. The Sawaca Business Machines rights issue record date is March 7, 2024. The company is to offer 457,639,600 equity shares at a price of ₹1 per share. The Sawaca Business Machines rights issue size will be ₹45.76 Crores. The entitlement ratio is 4:1, 5 rights share for every 1 fully-paid equity shares held on the record date. Check out Sawaca Business Machines rights issue details.

Sawaca Business Machines issue

Table of Contents

Sawaca Business Machines Limited started a Scrap trading business a couple of years back and has created a niche in the scrap trading industry within a couple of years of establishment and has met client expectations in terms of premium grade metal scrap. Currently, the Company is involved in two distinct segments. The first segment is the Trading segment, where The Company engages in wholesale trading of various finished goods. In this segment, the Company operates primarily on a bill-to-ship basis, ensuring the procurement of orders and guaranteeing timely delivery to customers. The Trading segment focuses on efficiently managing the supply chain to meet customer demands and provide a seamless trading experience. The Company is expanding its business activities into the Metal Trading and Cotton Trading sectors. This strategic move allows the company to diversify its portfolio and seize opportunities within these industries. In Metal Trading, the Company is engaged in buying and selling various metals, including iron, steel, aluminum, copper, and other base metals. By entering the Metal Trading market, the Company aims to leverage industry knowledge and capitalize on the demand for these essential materials. People have been using perfumery compounds and scented essential oils for thousands of years in lesser or greater amounts depending on the fashion whims. To meet the growing requirements of perfumery compounds and essential oils, the Company has started a trading business of a Mixture of Aromatic Chemicals, Base Industrial Perfumery Compounds and Essential Oil.

Sawaca Business Machines Rights Issue Review

  • Avoid / Risky

Sawaca Business Machines Rights Issue 2024 Dates & Time Table

Rights Issue Open:April 2, 2024
Rights Issue Close:April 12, 2024
Rights Record Date:March 7, 2024
Deemed Date of AllotmentApril [.], 2024
Renunciation of Rights EntitlementsApril 8, 2024

Sawaca Business Machines Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹45.76 Crores
Price Band:₹1 Per Equity Share
Face Value:₹1 Per Equity Share
Listing on:BSE
Entitlement Ratio: 3:1 (4 rights equity share for every 1 shares)
Equity:457,639,600 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Sawaca Business Machines Rights Issue 2024 Form & How to Apply

How to apply the Sawaca Business Machines rights issue? You can apply the Sawaca Business Machines rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.

Sawaca Business Machines Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹-₹-₹-
2022₹3.82₹3.25₹0.41
2023₹3.65₹3.05₹0.55

Sawaca Business Machines Rights Issue 2024 Allotment Status

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

Check Sawaca Business Machines rights issue on Bigshare website allotment URL. Click Here

Sawaca Business Machines Rights Issue 2024 Lead Managers

  • NA

Company Address:

Sawaca Business Machines Ltd.
45, Chinubhai Towers, Opp. Handloom House,
Ashram Road,
Ahmedabad – 380009
Phone: 079-2658 7363
Email: [email protected]
Website: https://www.sawacabusiness.com/

Sawaca Business Machines Rights Issue 2024 FAQs:


When is Sawaca Business Machines Issue 2024 Record Date?

Sawaca Business Machines Rights Issue 2024 record date is March 7, 2024.

What is Sawaca Business Machines Rights Issue 2024 Price?

The company has fixed the price at ₹1 per equity share.

What is the Sawaca Business Machines Rights Issue 2024 Ratio?

The company has fixed the ratio (4:1), 4 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Sawaca Business Machines Rights Issue 2024?

As per the record date you need to have Sawaca Business Machines shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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