Let’s have a detailed review of the company and analytics of the Swiss Military Consumer Goods Rights Issue offer open date, Term of payment, Swiss Military Rights Issue Entitlement, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 2
Issue PriceRs 2
Listing AtBSE
Min. Lot Size[●] Eq Shares
Record Date[●]
Issue Size (Rs.)Rs 983 Lakhs
Shares for Issue4,91,48,498 Eq Shares
Rights entitlement1 (One) Equity Share for every 1 (One) fully paid-up Equity Share
held on the Record Date

Swiss Military Consumer Goods Rights Issue is listed at BSE. Check out the live share price by clicking on the below link.


Swiss Military Consumer Goods Rights Issue – Summary

Swiss Military Consumer Goods Rights Issue

Their Company was originally incorporated as “Network India Limited” under the provisions of the Companies Act, 1956, vide certificate of incorporation issued on January 25, 1989, by the Registrar of Companies, Delhi & Haryana. Subsequently, the certificate of commencement of business was granted to their Company on January 09, 1990, by the Registrar of Companies, Delhi & Haryana.

Thereafter, the name of their Company was changed from “Network India Limited” to “Network Limited” and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Delhi & Haryana on November 09, 1990.

The Promoter of this company is MR. ANUJ SAWHNEY, MRS. ASHITA SAWHNEY, M/S ANUSHI RETAIL LLP, AND M/S SWISS MILITARY LIFESTYLE PRODUCTS PRIVATE LIMITED. The lead manager to the issue is Turnaround Corporate Advisors Private Limitedand the Registrar to this issue is Alankit Assignments Limited.


Swiss Military Consumer Goods Rights Issue Date

The opening and the closing date of the IPO of this rights issue are [●] and [●] respectively.


Swiss Military Consumer Goods Rights Issue Allotment Status

Here, you can find the Allotment Status of this Right Issue.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Swiss Military Consumer Goods Rights Issue Dates

Find the dates below on basis of allotment, record, listing, and more:

Issue Opening Date
[●]
Last date for on-market renunciation of rights / Date of closure of trading of Rights Entitlements[●]
Issue Closing Date[●]
Finalizing the basis of allotment with the Designated Stock Exchange[●]
Record date[●]
Date of Allotment[●]
Credit of Shares to Demat Account[●]
Share Listing Date[●]

Swiss Military Consumer Goods Rights Issue Price

The face value of each share is Rs.2, but the Cash Price is Rs.2 per Eq share. 


Swiss Military Consumer Goods Rights Issue Equity Size

This Initial Public Issue of 4,91,48,498 Equity Shares of Rs.2 each for cash at a price of Rs.2 per equity share aggregating to Rs 983 Lakhs.


Swiss Military Consumer Goods Rights Issue – Live Performance

The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – Swiss Military Consumer Goods Share Price

Swiss Military Consumer Goods Rights Issue – Company Overview

The name of their Company was changed to its present name “Swiss Military Consumer Goods Limited” and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Delhi on December 03, 2020.

The Company is involved in promoting, marketing, and selling the products under the brand “Swiss Military”.

Their Company is primarily engaged in the business of promoting, marketing, and selling lifestyle products of all kinds including but not limited to travel gear, bags, watches of all kinds, key chains, mugs, jewelry, pearls, decorative products, batteries, golf accessories, musical instruments, electric and electronic products, gift items, antiques, handicrafts, handloom, toys, decorative toys, liquid gold, precious and semi-precious stones, ornaments, of all kinds & all other allied items, under the brand “Swiss Military”.

The company also engages in subscribing for, acquiring, hold and sell shares, share stocks, debentures, debenture stocks, bonds, mortgages, obligations, securities of any kind issued.


Swiss Military Consumer Goods Rights Issue – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

Amount (in INR & Lakhs)
30-June-2131-Mar-2131-Mar-20Mar-19
Total Assets6,90,56,6874,12,91,4294,47,74,0865,81,70,626
*Total Revenue7,38,97,3935,23,92,1704,06,35,5505,04,13,694
Total Expense7,21,09,4475,21,35,9814,25,90,6165,45,88,983
Profit After Tax17,87,9462,56,189(19,55,067)(41,75,289)

Earnings per Equity Share (in Lakhs)

30-June-2131-Mar-2131-Mar-20Mar-19
Basic0.040.01(0.35)(0.08)
Diluted0.040.01(0.35)(0.08)

 

Financial Performance:

Their total revenue increased to Rs. 523.92 Lakh for the year ended on March 31, 2021, as compared to Rs. 406.36 Lakh for the year ended on March 31, 2020. Their total revenue during FY 2020-21 has increased by 28.93% as compared to FY 2019-20.

Their Other Income decreased to Rs. 4.51 Lakh for the year ended on March 31, 2021, as compared to Rs. 53.28 Lakh for the year ended on March 31, 2020. Other Income for the year ended on March 31, 2021, stood at 0.86% of the total revenue as compared to 13.11% for the year ended on March 31, 2020.


Swiss Military Consumer Rights Issue – Promoters

The Promoters of this company are:

  1. MR. ANUJ SAWHNEY
  2. MRS. ASHITA SAWHNEY
  3. M/S ANUSHI RETAIL LLP
  4. M/S SWISS MILITARY LIFESTYLE PRODUCTS PRIVATE LIMITED

List of Related Parties (Key Managerial Personnel)

  • Anuj Sawhney, Director, and Manager
  • Ashita Sawhney, Director
  • Ashok Kumar Sawhney, Director
  • Umong Sethi, Independent Director
  • Neena Sethi, Independent Director
  • Chirag Gupta, Independent Director

Swiss Military Consumer Rights Issue Details

 ParticularsDetails of Equity Shares
Equity Shares proposed to be issuedUp to 4,91,48,498 Equity Shares
Rights Entitlement1 (One) Equity Share for every 1 (One) fully paid-up Equity Share held on the Record Date
Record Date[●]
Issue Price per Rights Equity SharesRs.2/-
Issue SizeRs 983 Lakhs
Equity Shares issued, subscribed, and paid up prior to the Issue4,91,48,498 Equity Shares
Equity Shares subscribed and paid up after the IssueUp to 9,82,96,996 Equity Shares

Swiss Military Goods Rights Issue Object

Their Company proposes to utilize the Net Proceeds towards funding the following objects:

1. Adjustment of unsecured loans against the entitlement of promoter; and
2. General Corporate Purposes

Swiss Military Consumer Goods Business Strategy

  • Expand and strengthen their distribution network
  • Diversify their Product Portfolio
  • Leveraging their brand name “Swiss Military”

Swiss Military Rights Issue Lead Managers

Lead Managers
Turnaround Corporate Advisors Private Limited
CIN: U74140DL2015PTC278474
714, Vishwadeep Building, Plot No. 4, District Centre,
Janakpuri, New Delhi- 110058
Tel: +91-11-45510390, 41395590
E-mail: Info@tcagroup.in
Investor Grievance Email: complaints@tcagroup.in
Website: www.tcagroup.in
Contact Person: Ms. Archana Sharma
SEBI Registration No.: MB/INM000012290

Swiss Military Consumer Rights Issue Registrar to offer

Registrar to the Offer
Alankit Assignments Limited
CIN: U74210DL1991PLC042569
4E/21, Alankit House, Jhandewalan
Extension, New Delhi – 110055
Tel: +91-11- 42541971; Fax: +91-11-23552001
E-mail: abhinavka@alankit.com
Investor Grievance Email: smcgrights@alankit.com
Website: www.alankit.com
Contact Person: Mr. Abhinav Kumar Agrawal
SEBI Registration No.: INR000002532

Swiss Military Goods Rights Issue – Other Details

  • Statutory Auditor – M/s B. K. Sood & Co., Chartered Accountants
  • Legal Counsel to the Company – Ms. Anu Sapra
  • Bankers to the Company –HDFC BANK LIMITED, STATE BANK OF INDIA, ICICI BANK LIMITED  and BANK OF BARODA


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    Swiss Military Consumer Goods Limited Rights Issue News

    News 1 – Swiss Military Consumer Goods Rights Issue Draft Download

    News 2 –  Swiss Military Consumer Rights Issue Letter of Offer


    Swiss Military Consumer Goods Rights Issue Review FAQs

    Where to download the Swiss Military Consumer Goods letter of offer?

    This page is the perfect hub for shareholders, which wish to pursue the option of buying additional Swiss Military Consumer Goods Company shares. You will find a news section towards the end of the page, and the link which would redirect you to the letter of offer.

    Where to download the Application Form for Swiss Military Rights Issue?

    Application forms of Swiss Military Consumer Goods Rights Issue can be obtained via multiple destinations. You can seek out the exchange or company or the registrar’s official websites. Furthermore, you may download the form, fill it up, and then choose either online or offline mode to submit it.

    How to check the Swiss Military Rights Issue allotment date?

    They are highly oriented to provide you with end-to-end details of the Swiss Military Consumer Goods Rights Issue. Hence, they urge you to check out the page precisely for the allotment date. They will find a sub-section on the page, namely Rights Issue Dates, which features all necessary dates.

    What is the Swiss Military Goods Rights Issue price per share?

    Rights issue is generally an offer made to shareholders at a price lower than the market price. Hence, as per the offer made in the Letter of Offer, the company proposes to sell shares at Rs.2 per Equity Share through the Swiss Military Consumer Goods Rights Issue.

    Who is the registrar of the Swiss Military Goods Rights Issue?

    Registrar, as chosen by Swiss Military Consumer Goods is Alankit Assignments Limited. You can refer to this article which furthermore contains all the details of the registrar. Scroll towards the end of the page to find the registrar’s address, contact person, and email id information.

    When the Swiss Military Consumer Goods Rights Issue is opening?

    They collected all the scattered data from the Letter of Offer for their readers, to make it easy for them to easily locate the required details. As per the offer stated, the Swiss Military Consumer Goods Rights Issue is all set to open on NA.

    When the Swiss Military Rights Issue is closing?

    While the offer would open on NA, it is most likely scheduled to close on NA. This would be the last day you can bid for the shares, being an eligible shareholder. Check the article for more insights on the Swiss Military Consumer Goods Rights Issue.

    What is the Swiss Military Consumer Rights Issue size?

    Swiss Military Consumer Goods Rights Issue is a proposal to raise 4,91,48,498 Equity shares, aggregating to Rs 983 Lakhs, from the existing shareholders. You can furthermore refer to the topmost table of this article to check out other crucial statistics such as Minimum Lot size, record date, RE, Face value, and more.

    Who is the Swiss Military Rights Issue Lead manager?

    A designated underwriter or lead manager of Swiss Military Consumer Goods Rights Issue is Turnaround Corporate Advisors Private Limited. They also provide you with the information you need about the lead manager, such as an address, contact person, email address, and more. Such data is structured towards the end of the article.

    What are the important dates of the Swiss Military Rights Issue?

    There are a bunch of important dates regarding the Swiss Military Consumer Goods Rights Issue, which you need to know about. The priority should be the Record Date of NA ., which deems you eligible for investment. The rest of the dates include opening, closing, allotment, listing, and more, which are all provided in the section Rights Issue Dates.


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