Bombay Swadeshi Stores Limited

November 24, 2015

Bombay Swadeshi Stores - New Owners- Damani Family ( D Mart )

http://articles.economictimes.indiatimes.com/2015-04-25/news/61518585_1_radhakishan-damani-brand-11-stores

http://www.businesstoday.in/management/entrepreneur/radhakishan-damani-retail-business-harshad-mehta-ketan-parekh-d-mart-gati/story/203512.html

http://www.greenagenewswire.com/damani-family-seals-swadeshi-retail-stores-deal/

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Bombay Swadeshi Stores Ltd.


Registered Office

Western India House ,
Sir Pherozeshah Mehta Road ,
Fort,
Mumbai

ISIN : INE 595B01027

  RTA

Link Intime Private Limited
Mumbai

Managing Director ; Asim Dalal

Bombay Swadeshi Stores was started in 1906 to be India 's first idegenious departmental store selling Indian made goods . Earlier departmental stores like Empire Stores were British oriented stocking foreign goods and catering to English and foreigners . Bombay Swadeshi Stores had blessings of nationalists like Bal Gangadhar Tilak and Sir Ruttonji Jamshedji Tata.

Post liberalisation and globalisation Bombay Swadeshi Stores has adapted it self. Its stores are are , now , named " BOMBAY STORES ". With the coming in Internet , they have , also- ,become online stores.

Location of Stores

Mumbai
Pune
Aurangabad
Bangalore
Goa
Hyderabad

Financials  ( 31-0-3--10- )

Equity - Rs. 99 Lakh
( Face Value - Rs. 2  )
Reserves 11 cr. 36 lakh

Turnover ( for year ending 31-03-2010 - )-

Rs.20 cr 53 lakh

Net Profit : 4 lakh
Dividend : Nil


Listing : BSE  ( BSE Code 531276 ) Moderately Liquid - Daily Quotation Available
CMP - Rs. 37 ( Rs. 2 Paid Up )




More than 100 years old company , pioneer Indian Chain of Departmental Stores , Outlets in Major Indian cities , Low capital Base .

So has great potential although current financial performance seems lack lustre. 

http://www.thebombaystore.com/pages/History/pgid-34280.aspx

Bombay Stores Site :-

http://www.thebombaystore.com/index.html

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June 14, 2015

Bombay Swadeshi Stores - Delisting

Promoters of Bombay Swadeshi Stores have changed. It has been acquired by Ms. Madhu Chandak and others

New Promoters currently hold  78 : 59 % of Equity .

They propose to Delist.

http://www.equitybulls.com/admin/news2006/news_det.asp?id=161195

Open Offer Details :-

Please Click + to  enlarge

http://www.sebi.gov.in/cms/sebi_data/commondocs/bombayswadeshi-dps_p.pdf

Please Note that shares of Bombay Swadeshi  are Rs. 2 Paid Up 

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Bombay Swadeshi Stores Annual Report 2014 -15

http://www.thebombaystore.com/assets/Annual_Report_2014-15.pdf

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Bombay Swadeshi Stores has Delisted wef 10/11/2015 - Discovered Price in Reverse Book Building Rs. 126 ( Share Rs 2 Paid Up )


Promoters , now , hold , 90.8% of Equity.


Exit Window @ Rs. 126 available till 18/11/2016.

For Exit Window Offer details , please click :-

http://www.moneycontrol.com/livefeed_pdf/Nov2015/C4733B88_EFAA_464E_9582_F056ECF3E69F_131238.pdf

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General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.