RSWM is a textile manufacturer and exporter of Synthetic, Blended, Mélange, Cotton, Specialty value-added yarns, as well as Fabrics, Denim, and Green Polyester Fibre.
The company primarily manufactures synthetic, blended, mélange, cotton, specialty, and value-added yarns for suitings, shirtings, hosiery, carpet, denim, and technical textiles, as well as denim fabric and synthetic fabric for well-known brands. Grey/Dyed PV Blended Specialty Yarns made from uncommon fibres, Greige yarn offered under the brand name ULTIMA, and Melange yarn used in casual clothing, sportswear, shirts, socks, inner wear, towels, and other home linen.
The company has an important position in Mélange yarn, a high-value yarn produced at its Mandapam and Kanyakheri activities. Its product segment accounts for around 21% of the yarn vertical’s sales. LNJ Denim, a denim-manufacturing plant created in 2007 under RSWM Limited, sells the company’s 3000+ denim varieties. They are one of the top 10 denim suppliers. The company exports to over 78 countries worldwide, including Africa, South East Asia, Europe, the Middle East, and the United States.
RSWM Rights Issue Date, Size & Price
| RSWM Rights Issue Date | 23 December 2022 – 6 January 2023 |
| RSWM Rights Issue Price | INR 100 per share |
| Issue Size (in Shares) | 2,35,50,842 shares |
| Issue Size (in INR) | INR 235.51 crore |
| Issue Entitlement | 1 Rights Share for every 1 Equity Shares held on Record Date |
| Terms of Payment | The full amount is payable on Application |
| RSWM Rights Issue Record Date | 16 December 2022 |
| Face Value | INR 10 per share |
| Listing On | NSE, BSE |
RSWM Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
|---|---|---|---|
| Revenue | 2,771.03 | 2,326.02 | 3,817.42 |
| Expenses | 2,641.99 | 2,233.49 | 3,452.98 |
| Net income | 22.67 | 21.61 | 239.98 |
| Margin (%) | 0.82 | 0.93 | 6.29 |
RSWM Rights Issue Timetable
| RSWM Rights Issue Record Date | 16 December 2022 |
| Credit of Rights Entitlement | 22 December 2022 |
| RSWM Rights Issue Opening Date | 23 December 2022 |
| Last Date for Market Renunciation | 02 January 2023 |
| RSWM Rights Issue Closing Date | 6 January 2023 |
| Finalization of Basis of Allotment | 12 January 2023 |
| RSWM Rights Allotment Date | 13 January 2023 |
| Credit Date | 16 January 2023 |
| Listing Date | 18 January 2023 |
RSWM Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
|---|---|---|---|
| ROCE (%) | 4 | 4 | 18.20 |
| OPM (%) | 7 | 8 | 11 |
| ROE (%) | – | – | 26.4 |
RSWM Rights Issue Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222/1800 309 4001
Email: [email protected]
Website: https://www.kfintech.com
RSWM Contact Details
RSWM LIMITED
Bhilwara Towers, A-12, Sector-1
Noida – 201 301 (NCR-Delhi), India
Phone: +91-120-4390300
Email: [email protected]
Website: https://www.rswm.in
RSWM Rights Offer FAQs
Q1. What is price of RSWM Rights Issue?
Ans. The issue price is INR 100 per share.
Q2. What is entitlement ratio of RSWM Rights Issue?
Ans. The eligible shareholders are offered 1 Equity Share for every 1 existing share held by the eligible shareholder as on the Record date.
Q3. What is the Record Date of RSWM Rights Issue?
Ans. The Record date is 16 December 2022.
Q4. How to Apply in RSWM Rights Offer?
Ans. The best way to apply in RSWM Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
