Spectrum Foods Limited

CLOSED

Rights Issue · IPO Guide

RI Price

₹20

Subscription

0.00x

Expert Rating

Neutral

Incorporated in 1984, Spectrum Foods Ltd (a part of Saboo Sodium Chloro Limited) is in the business of trading of salt and power generation through wind mill. Financials of company is zig-zag. The price difference is around 240% from right issue price. So we give NEUTRAL rating to this right issue and those who are holding it, may participate in Right Issue or sell rights.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

Period	Total Income	Total Expenses	Profit After Tax (PAT)
upto Q3 FY24	15.50	7.47	7.28
FY23	9.98	7.83	0.38
FY22	14.18	12.67	(0.25)
FY21	7.56	5.92	(1.89)
FY20	5.31	2.31	0.14
FY19	7.01	4.74	(0.73)

Record Date	Mar 27, 2024
Start Date	Apr 08, 2024
Close Date	Apr 22, 2024
Allotment Date	May 03, 2024
Listing Date	—
RI Price	Rs 20/- Per Equity Share
Entitlement Ratio	4:1

Spectrum Foods Limited

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