Som Distilleries Rights Issue 

Som Distilleries Rights Issue will open for subscription from 26 April 2023. the company aims for an issue size of ₹48.94 Crores through this rights Issue.

About the company

Incorporated in 1993, Som Distilleries And Breweries Limited has an exceptional portfolio of brands across the spectrum of Spirits, Beer, and Alcopop. The Group was set more than three decades ago and is constantly aspiring to soar higher with its innovations. The company’s mission has been to deliver value-added high-quality products and it will continue to do so in the years to come.

SOM is India’s first company to own a portfolio of spirits, ready-to-drink along with Rectified Spirits (RS), beers, and Ethyl Neutral Alcohol (ENA). SOM made its mark across the country and world by catering to the taste of the customers of a particular region. The company has its brews, blends, and ready-to-drink offerings for customers under different brands. Hunter, the flagship brand of the company is a forerunner in the strong beer category. Some other brands of the company include:

  • Black Fort Super Strong Beer
  • Black Fort Premium Lager Beer
  • Woodpecker Wheat Beer
  • White Fox Refresh Naughty Orange
  • White Fox Refresh Tangy Lemon

Objectives of the Issue

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

Som Distilleries Rights Issue Timetable

Record Date14 April 2023
Credit of Rights Entitlements25 April 2023
Bid/Offer Opens On26 April 2023
Renunciation of Rights Entitlements08 May 2023
Bid/Offer Closes On11 May 2023
Deemed Date of Allotment19 May 2023
Credit Date23 May 2023
Listing Date29 May 2023

Rights Issue Details

Issue OpenApr 26, 2023 – May 11, 2023
Security NameSom Distilleries And Breweries Limited
Issue Size (Shares)3,495,952
Issue Size (Amount)₹48.94 Crores
Issue Price₹140 per share
Face Value₹5 per share
Listing AtBSE, NSE
Terms of PaymentThe full amount of the Issue Price being Rs. 140/- will be payable on application.
Entitlement10 Rights Equity Share(s) for every 211 fully paid-up Equity Shares held on Record Date

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After Tax
(Amount in ₹ Crore)

Rights Issue Documents

Lead Manager(s)

  • Vivro Financial Services Private Limited

Rights Issue Registrar

MAS Services Limited
Phone: (011) 2610 4142

Company Contact Information

Som Distilleries And Breweries Limited
I-A, Zee Plaza, Arjun Nagar,
Safdarjung Enclave, Kamal Cinema Road,
New Delhi – 110029

Phone: +91-11-26169909, 26169712

Final Thoughts

Applying for the rights issue is purely a personal choice. make sure you make a detailed study about the company and rights issue before you make an investment decision.

Happy investing

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