Lws Knitwear Rights Issue 2024 Offer Details
| Jonjua Overseas Rights Issue Date: | 6 to 16 December 2024 |
| Rights Issue Size (in INR): | Approx ₹17.30 Crores |
| Rights Issue Size (in Shares): | 9,610,960 Equity Share |
| Issue Price: | ₹18 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 531402 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 19:10 (19 rights share for every 10 shares held on record date) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Lws Knitwear Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Lws Knitwear Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 27 November 2024 |
| Rights Issue Record Date: | 28 November 2024 |
| Credit of Rights Entitlements: | 2024 |
| Issue Offer Opens On: | 6 December 2024 |
| Renunciation of Rights Entitlements: | 10 December 2024 |
| Issue Offer Closes On: | 16 December 2024 |
| Basis of Allotment Date: | 2025 |
| Credit Date: | 2025 |
| Listing Date: | 2025 |
Lws Knitwear Rights Issue Calculation
| Rights Issue Price: | ₹18 per share |
| Market Price on Rights Issue Approval: | ₹42.52 per share |
| Dilution Factor (X): | 2.90 |
| Fair Value After Dilution at Prevailing Price: | ₹26.46 per share |
How to Apply for Lws Knitwear Rights Issue
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
About Lws Knitwear
Lws Knitwear Company is currently engaged in trading knitted fabric of various textures and thereby catering to our customers’ needs by offering knitted fabric of various designs, and textures to suit the ongoing fashion trend and market demand. Knitted fabric is a textile that results from knitting, the process of inter-looping of yarns or inter-meshing of loops which may be used as for garments for men, women, and children. Knitted fabrics are used for manufacturing various garments such as dresses, skirts, tops, underwear, pajamas, t-shirts, scarfs, sweaters, cardigans, fitting dresses, leggings, cardigans, shirts, turtlenecks, cuffs, cardigans, sweaters, neckbands, etc. They source their products through third-party manufacturers and traders. Further, they are also engaged in trading of readymade knitted t-shirts.
Objects of the Rights Issue
- Part repayment or prepayment of unsecured loans availed from the Promoters and from the member of the Promoter Group
- To meet the working capital requirements
- General corporate purposes
Lws Knitwear Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹61.76 | ₹61.40 | ₹0.26 |
| 2023 | ₹62.62 | ₹62.24 | ₹0.29 |
| 2024 | ₹75.13 | ₹73.18 | ₹1.40 |
Lws Knitwear Rights Issue Registrar
Beetal Financial & Computer Services (P) Limited
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo
Lws Knitwear Rights Issue Lead Manager
- To Be Updated Soon
Lws Knitwear Rights Issue allotment status check on Beetal Financial & Computer Services (P) Limited website – Click Here
Promoters of Lws Knitwear
- Girish Kapoor
- Kusum Kapoor
Company Address
Lws Knitwear Ltd.
G T Road, (West)
Ludhiana 141008
Punjab, India
Phone: +98778 15974
Email: info@lwsknitwear.com
Website: https://www.lwsknitwear.com/