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 November 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 | 52.9 | N/A | 01:01 |
| Dmr Hydroengineering & Infrastructures Ltd | Oct 22, 2024 | Nov 14, 2024 | Nov 25, 2024 | Dec 03, 2024 | 140 | 2.66 | 148 | N/A | 01:20 |
| Diligent Industries Ltd. | Oct 24, 2024 | Nov 11, 2024 | Nov 18, 2024 | Nov 25, 2024 | 3.6 | 49.4 | 4.15 | N/A | 06:05 |
| Asian Petroproducts & Exports Ltd. | Oct 30, 2024 | Nov 11, 2024 | N/A | Nov 25, 2024 | 10 | 15.89 | 24.73 | N/A | 11:06 |
| Shangar Decor Ltd | Oct 28, 2024 | Nov 08, 2024 | Nov 29, 2024 | Dec 06, 2024 | 5.76 | 49.35 | 6.72 | N/A | 07:01 |
| Hindware Home Innovation Limited | Oct 25, 2024 | Nov 07, 2024 | Nov 18, 2024 | Nov 22, 2024 | 220 | 249.7 | 302 | N/A | 119:758 |
| Mercury Trade Links Ltd. | Oct 24, 2024 | Nov 07, 2024 | Nov 29, 2024 | Dec 05, 2024 | 44.95 | 48.95 | 54.76 | N/A | 04:01 |
| Pmc Fincorp Limited | Oct 25, 2024 | Nov 07, 2024 | Nov 12, 2024 | Nov 19, 2024 | 2.75 | 48.96 | 3.97 | N/A | 01:03 |
| Ushanti Colour Chem Limited | Oct 11, 2024 | Nov 04, 2024 | Nov 18, 2024 | Nov 25, 2024 | 55 | 2.94 | N/A | 5:100 | |
| Igc Industries Ltd | Oct 18, 2024 | Nov 04, 2024 | Nov 12, 2024 | Nov 18, 2024 | 13 | 42.22 | 15.52 | N/A | 05:02 |
| Thinkink Picturez Ltd | Oct 18, 2024 | Nov 04, 2024 | Nov 18, 2024 | Nov 22, 2024 | 1.5 | 48.89 | 3.23 | N/A | 11:05 |
| Bella Casa Fashion & Retail Ltd | Oct 19, 2024 | Oct 30, 2024 | Nov 08, 2024 | Nov 14, 2024 | 261 | 49.92 | 540.9 | N/A | 01:06 |
| Edvenswa Enterprises Limited | Oct 14, 2024 | Oct 25, 2024 | Nov 05, 2024 | Nov 11, 2024 | 60 | 27 | 61.86 | 1.43 | 20:41 |
| Kretto Syscon Ltd | Oct 11, 2024 | Oct 24, 2024 | Nov 06, 2024 | Nov 12, 2024 | 1 | 47.04 | 1.39 | 0.07 | 03:01 |
| Arc Finance Ltd | Oct 10, 2024 | Oct 21, 2024 | Nov 12, 2024 | Nov 18, 2024 | 1.2 | 48.48 | 2.22 | 0.21 | 04:05 |
Introduction Of Upcoming Right Issue :
Bharat Bhushan Share & Commodity Brokers Ltd.
Bharat Bhushan Share & Commodity Brokers Ltd provides brokerage services in stocks, commodities, and currency trading. Serving both individual and institutional clients, the company leverages its expertise in the financial sector to offer comprehensive investment solutions, catering to diverse financial planning and investment needs across India’s trading markets.
Dmr Hydroengineering & Infrastructures Ltd
Dmr Hydroengineering & Infrastructures Ltd specializes in engineering and infrastructure services, primarily focusing on hydroelectric and renewable energy projects. With a strong emphasis on sustainable development, the company offers project design, consultancy, and management solutions, aiding clients in the execution of eco-friendly infrastructure initiatives.
Diligent Industries Ltd.
Diligent Industries Ltd operates in the agricultural and commodity processing sector, primarily dealing with edible oils and oilseeds. The company is engaged in sourcing, refining, and packaging a range of agricultural products, contributing to India’s food supply chain with quality and sustainably-sourced products for consumer markets.
Asian Petroproducts & Exports Ltd
Asian Petroproducts & Exports Ltd is engaged in manufacturing and exporting chemical products, including glycols and other petrochemicals. Serving both domestic and international clients, the company supports industries like textiles, pharmaceuticals, and cosmetics with essential chemical ingredients, focusing on reliable production and supply chain consistency.
Shangar Decor Ltd
Shangar Decor Ltd specializes in interior and exterior decorative products, providing innovative solutions for residential and commercial spaces. The company offers a wide range of decor items, including wall coverings, panels, and other finishing materials, aiming to enhance aesthetics and functionality in modern design.
Hindware Home Innovation Limited
Hindware Home Innovation Limited, a part of the Hindware Group, offers home improvement products, focusing on bathroom solutions, kitchen fittings, and appliances. Known for its high-quality and stylish products, Hindware addresses consumer demand for innovative and durable solutions in home and lifestyle markets.
Mercury Trade Links Ltd.
Mercury Trade Links Ltd is involved in trading activities, primarily focusing on consumer goods, textiles, and related products. The company operates in various markets, leveraging strategic relationships and market insight to facilitate efficient trade and distribution, addressing the needs of both suppliers and customers.
Pmc Fincorp Limited
Pmc Fincorp Limited is a financial services company that provides loan financing, asset management, and investment advisory services. The company supports individuals and businesses by offering tailored financial solutions, including personal loans, SME financing, and financial planning services for wealth generation and asset management.
Ushanti Colour Chem Limited
Ushanti Colour Chem Limited specializes in the production of chemical dyes and pigments for the textile, leather, and paper industries. Known for high-quality, eco-friendly products, the company caters to both domestic and international markets, emphasizing sustainability and innovation in color solutions.
Igc Industries Ltd
Igc Industries Ltd operates in manufacturing and industrial product distribution, focusing on sectors like engineering, packaging, and specialty chemicals. The company delivers essential products for various industries, prioritizing quality and innovation to meet the evolving needs of its diverse client base.
Thinkink Picturez Ltd
Thinkink Picturez Ltd is a film and media production company engaged in creating and distributing content across film, television, and digital platforms. Known for its creative storytelling and quality productions, the company aims to captivate audiences while expanding its footprint in the entertainment industry.
Bella Casa Fashion & Retail Ltd
Bella Casa Fashion & Retail Ltd is a fashion and lifestyle company that designs, manufactures, and retails apparel, home textiles, and accessories. Focusing on affordable quality, the company caters to both national and international markets, delivering contemporary styles for a wide consumer base.
Edvenswa Enterprises Limited
Edvenswa Enterprises Limited is a technology and solutions provider, offering IT services and digital transformation solutions to various industries. The company specializes in software development, cybersecurity, and consulting, helping clients achieve operational efficiency and adaptability in a fast-evolving technological landscape.
Kretto Syscon Ltd
Kretto Syscon Ltd operates in real estate development, specializing in residential and commercial properties. Known for quality construction and strategic project locations, the company caters to a wide range of real estate demands, providing affordable and premium options for housing and business establishments.
Arc Finance Ltd
Arc Finance Ltd provides financial services, including microfinance, investment advisory, and asset management. The company supports low-income communities with accessible financial products, aiming to enhance financial inclusion and empower individuals through sustainable financial solutions tailored to underserved markets.
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.
