What Is Right Issue?
Right Issue is a method used by a company to raise additional capital by offering existing shareholders the right to purchase more shares at a discounted price. It allows companies to strengthen their financial base while rewarding loyal investors with favorable terms.
Upcoming Right Issue Of Shares This Month
Here’s a table showcasing the Right Issue Of Shares in December 2024:
| Company Name | Record Date | Issue Open | Renunciation of Rights Entitlements | Issue Close | Issue price (Per Share) | Issue Size (Rs Cr) | CMP of Share | CMP of Rights Entitlement | Rights Issue Ratio |
| Bharat Bhushan Share & Commodity Brokers Ltd | N/A | N/A | N/A | N/A | 10 | 3.38 | 55 | N/A | 01:01 |
| Rajath Finance Limited | N/A | N/A | N/A | N/A | 10 | 16 | 27.79 | N/A | 04:01 |
| Ace Software Exports Ltd | N/A | N/A | N/A | N/A | 78 | 49.92 | 461.1 | N/A | 01:01 |
| Jonjua Overseas Ltd | Nov 29, 2024 | Dec 13, 2024 | Dec 17, 2024 | Dec 23, 2024 | 10 | 7.93 | 12.5 | N/A | 01:01 |
| VICEROY HOTELS Limited | Nov 29, 2024 | Dec 12, 2024 | Dec 18, 2024 | Dec 24, 2024 | 112 | 49.52 | 141.6 | N/A | 07:10 |
| Gujarat Natural Resources Limited | Dec 03, 2024 | Dec 12, 2024 | Nov 17, 2024 | Dec 20, 2024 | 10 | 48.15 | 23.75 | N/A | 03:05 |
| Moongipa Capital Finance Ltd | Dec 03, 2024 | Dec 12, 2024 | Dec 23, 2024 | Dec 27, 2024 | 25 | 15.27 | 57.04 | N/A | 02:01 |
| Enbee Trade & Finance Ltd | Nov 28, 2024 | Dec 10, 2024 | Dec 23, 2024 | Dec 30, 2024 | 13 | 45.08 | 14.23 | N/A | 121:50:00 |
| Lws Knitwear Ltd | Nov 28, 2024 | Dec 06, 2024 | Dec 10, 2024 | Dec 16, 2024 | 18 | 17.3 | 29.72 | N/A | 19:10 |
| Upl Limited | Nov 26, 2024 | Dec 05, 2024 | Dec 11, 2024 | Dec 17, 2024 | 360 | 3377.73 | 546.85 | N/A | 01:08 |
| Nhc Foods Ltd | Nov 26, 2024 | Dec 05, 2024 | Dec 12, 2024 | Dec 18, 2024 | 1 | 47.42 | 2.79 | N/A | 04:01 |
| Scanpoint Geomatics Ltd | Nov 27, 2024 | Dec 05, 2024 | Dec 09, 2024 | Dec 13, 2024 | 6 | 49.42 | 7.29 | N/A | 49:100 |
| Pradhin Ltd | Nov 14, 2024 | Nov 25, 2024 | Dec 10, 2024 | Dec 16, 2024 | 25 | 48.32 | 27.9 | 0.66 | 53:10:00 |
| Dmr Hydroengineering & Infrastructures Ltd | Oct 22, 2024 | Nov 14, 2024 | Nov 25, 2024 | Dec 03, 2024 | 140 | 2.66 | 158 | 5.13 | 01:20 |
| Diligent Industries Ltd | Oct 24, 2024 | Nov 11, 2024 | Dec 03, 2024 | Dec 09, 2024 | 3.6 | 49.4 | 4.51 | 0.12 | 06:05 |
| Asian Petroproducts & Exports Ltd. | Oct 30, 2024 | Nov 11, 2024 | Dec 02, 2024 | Dec 05, 2024 | 10 | 15.89 | 16.83 | 4.23 | 11:06 |
| Shangar Decor Ltd | Oct 28, 2024 | Nov 08, 2024 | Nov 29, 2024 | Dec 06, 2024 | 5.76 | 49.35 | 10.87 | 0.23 | 07:01 |
Introduction Of Upcoming Right Issue :
Bharat Bhushan Share & Commodity Brokers Ltd
Bharat Bhushan Share & Commodity Brokers Ltd is a prominent financial services provider, specializing in share trading, commodities, and advisory services. It caters to individual and institutional clients, offering comprehensive solutions to enhance their trading and investment strategies.
Rajath Finance Limited
Rajath Finance Limited is a leading non-banking financial company (NBFC) focused on providing financial services like loans, investment opportunities, and asset management. The company caters to both retail and corporate clients, contributing to their financial growth and stability.
Ace Software Exports Ltd
Ace Software Exports Ltd is an established IT company specializing in software development, exports, and IT services. The company serves clients worldwide with innovative and scalable software solutions, supporting businesses in improving operational efficiency and leveraging technology for growth.
Jonjua Overseas Ltd
Jonjua Overseas Ltd is a diversified company involved in manufacturing and trading various products. With a strong global presence, it provides high-quality goods and services, focusing on meeting international demand while adhering to industry standards and sustainability practices.
VICEROY HOTELS Limited
VICEROY HOTELS Limited is a well-known player in the hospitality industry, operating a chain of hotels across India. Known for its exceptional service and luxurious accommodations, the company provides hospitality services aimed at delivering memorable experiences to travelers and guests.
Gujarat Natural Resources Limited
Gujarat Natural Resources Limited is a natural resource-focused company that engages in the extraction and processing of minerals, chemicals, and energy resources. It aims to contribute to sustainable development while serving diverse industries globally with quality raw materials and energy solutions.
Moongipa Capital Finance Ltd
Moongipa Capital Finance Ltd offers financial services, including wealth management, loans, and asset management, targeting both corporate and individual clients. The company specializes in facilitating investment opportunities and providing financial solutions that help clients achieve long-term growth and profitability.
Enbee Trade & Finance Ltd
Enbee Trade & Finance Ltd is a financial services firm that offers a wide range of solutions, including trading, investment, and financial planning. The company aims to deliver value-added services that support individuals and businesses in optimizing their financial portfolios.
Lws Knitwear Ltd.
Lws Knitwear Ltd. is a prominent textile manufacturer, specializing in knitted garments. The company provides high-quality apparel to both domestic and international markets, offering a wide range of fashion-forward, comfortable, and durable products for various sectors.
Upl Limited
Upl Limited is a diversified multinational company that manufactures a wide range of products, from chemicals and textiles to consumer goods. With a focus on quality and sustainability, the company serves industries worldwide while emphasizing innovation and customer satisfaction.
Nhc Foods Ltd
Nhc Foods Ltd is a well-established company in the food processing and distribution sector. The company specializes in producing high-quality food products that cater to diverse customer needs, focusing on flavor, nutrition, and customer satisfaction.
Scanpoint Geomatics Ltd
Scanpoint Geomatics Ltd is a leading provider of geospatial solutions, offering services in GIS, remote sensing, and satellite data processing. The company serves industries such as defense, agriculture, and urban planning, providing advanced technology for precise mapping and analysis.
Pradhin Ltd
Pradhin Ltd is a diversified industrial company focused on manufacturing and trading various products in sectors such as electronics, engineering, and construction. The company strives for innovation, quality, and operational excellence, providing tailored solutions to meet customer needs.
Dmr Hydroengineering & Infrastructures Ltd
Dmr Hydroengineering & Infrastructures Ltd specializes in providing hydro engineering solutions and infrastructure development services. The company is involved in various projects such as water treatment plants, power generation, and civil infrastructure, contributing to sustainable development in India and beyond.
Diligent Industries Ltd
Diligent Industries Ltd. is a leading player in the industrial manufacturing sector, producing a wide range of products including machinery, components, and equipment. The company focuses on innovation, quality assurance, and operational efficiency to meet the demands of various industries.
Asian Petroproducts & Exports Ltd
Asian Petroproducts & Exports Ltd is a key player in the petrochemical industry, focusing on the manufacturing and export of petrochemical products. The company is known for its commitment to quality and its strategic position in both domestic and international markets.
Shangar Decor Ltd
Shangar Decor Ltd specializes in manufacturing and trading home décor products. The company offers a diverse range of furniture, textiles, and accessories designed to enhance interior spaces, aiming to meet the needs of customers in both residential and commercial sectors.
List Of Upcoming Right Issue Of Shares This Month 2024 – FAQs
In a right issue, existing shareholders receive an offer to buy additional shares at a discounted rate. They are given a specific ratio based on their current holdings and a limited timeframe to subscribe, either fully or partially.
To apply for a rights issue, follow these steps:
Step 1: Log in to your brokerage account where you hold your existing shares.
Step 2: Navigate to the “Corporate Actions” or “Rights Issue” section on the platform.
Step 3: Select the rights issue entitlement for the company offering it.
Step 4: Enter the number of shares you want to apply for under the rights issue.
Step 5: Make the payment for the subscribed shares as specified in the offer.
Step 6: Confirm your application and keep track of the allotment status.
Following are the differences between IPO and Right Issue:
IPO (Initial Public Offering)
Rights Issue
Open to the public and new investors
Offered only to existing shareholders
Company issues new shares to raise capital
Company offers additional shares to existing shareholders
Aimed at expanding the shareholder base
Aimed at raising capital while maintaining existing shareholder structure
Shares are priced based on market valuation
Shares are offered at a discounted price
Usually marks a company’s first offering to the public
Issued to raise more funds after the IPO
To calculate the subscription price in a rights issue, follow these steps:
Step 1: Determine the current market price of the stock.
Step 2: Find the discount percentage offered by the company on the rights issue.
Step 3: Multiply the current market price by the discount percentage to find the discount amount.
Step 4: Subtract the discount amount from the current market price to get the subscription price for the rights issue.
The main benefit of a rights issue is that it allows existing shareholders to purchase additional shares at a discounted price, maintaining their ownership percentage and avoiding dilution. It provides an opportunity for investors to invest more in a company they believe in while raising capital for the company’s growth or debt reduction.
Companies issue right shares to raise funds for growth, reduce debt, or finance projects. It helps avoid taking on new loans and allows existing shareholders to participate, ensuring minimal dilution of existing ownership stakes.
