Enviro Infra Engineers IPO
C2C Advanced Systems IPO
Lamosaic India IPO
NTPC Green Energy IPO
Open Account
URL copied to clipboard
  • Home
  • Right Issue: Diligent Industries and 6 other companies coming up with rights issue this week

Trending News

Right Issue: Diligent Industries and 6 other companies coming up with rights issue this week

November 2024 features multiple upcoming rights issues, offering existing shareholders opportunities to buy new shares at a discount. Understand rights issues, how they function, application methods, pricing calculations, and why companies opt for this approach to raise capital.
Upcoming Right Issue
  • November 23, 2024
  • 1 min read
Copy Icon

What Is Right Issue?

A rights issue is a financial offering by a company, providing existing shareholders the option to purchase additional shares directly from the company at a discounted price, usually to raise capital. Shareholders can buy these shares in proportion to their existing holdings.

Alice Blue Image

Upcoming Right Issue Of Shares This Week 

Company NameRecord DateIssue OpenRenunciation of Rights EntitlementsIssue CloseIssue price (Per Share)Issue Size (Rs Cr)CMP of ShareCMP of Rights EntitlementRights Issue Ratio
Ushanti Colour Chem LimitedOct 11, 2024Nov 04, 2024Nov 18, 2024Nov 25, 2024552.94N/AN/A6:40
Mercury Trade Links Ltd.Oct 24, 2024Nov 07, 2024Nov 29, 2024Dec 05, 202444.9548.9572.171.484:1
Shangar Decor LtdOct 28, 2024Nov 8, 2024Nov 29, 2024Dec 06, 20245.7649.3510.050.277:1
Diligent Industries Ltd.Oct 24, 2024Nov 11, 2024Dec 3, 2024Dec 9, 20243.649.44.220.146:5
Asian Petroproducts & Exports Ltd.Oct 30, 2024Nov 11, 2024Dec 2, 2024Dec 5, 20241015.8915.943.9411:6
Dmr Hydroengineering & Infrastructures LtdOct 22, 2024Nov 14, 2024Nov 25, 2024Dec 3, 20241402.66148.956.41:20
Pradhin LtdNov 14, 2024Nov 25, 2024Dec 10, 2024Dec 16, 20242548.3228.31N/A5:10

Introduction Of Upcoming Right Issue This Week

Diligent Industries Ltd 

Diligent Industries Ltd has attracted investors with its involvement in diverse industrial ventures. The company aims to explore new market possibilities and improve product capabilities to ensure sustainable profits for investors.

Asian Petroproducts & Exports Ltd

Asian Petroproducts & Exports Ltd is a leading company in the petrochemicals and export industry. It is working to expand its presence globally and provide stable returns to investors.

Ushanti Colour Chem Limited

Ushanti Colour Chem Limited has announced a rights issue for its investors to strengthen funding and accelerate its growth plans. This initiative will help the company expand production capacity and reinforce its market position.

Mercury Trade Links Ltd

Mercury Trade Links Ltd is a multi-sector trading company engaged in financial services, trading, and investments. Focused on creating value for its shareholders through diverse projects and strategic investments, the company promotes stability and growth across industries with its flexible business model and analytical approach.

Shangar Decor Ltd

Shangar Decor Ltd is a prominent décor and interior design company offering modern and unique decoration solutions. The company provides high-quality decorative products and services for homes, offices, and commercial spaces. Known for its innovation and commitment to design excellence, Shangar Decor Ltd has become a recognized name in the Indian décor industry.

Dmr Hydroengineering & Infrastructures Ltd

DMR Hydroengineering & Infrastructures Ltd is an emerging company specializing in services related to hydropower and infrastructure. The company provides end-to-end solutions for planning, designing, and executing hydropower projects. 

Pradhin Ltd

Pradhin Ltd is a diversified company offering trade and services across various sectors. Actively involved in agriculture, food processing, and financial services, the company has built a strong identity in multiple industries. Its customer-centric approach and commitment to innovation have contributed to its growing prominence.

List Of Upcoming Right Issue Of Shares This Week 2024 – FAQs

How Do Right Issue Of Shares Work?

In a rights issue, a company offers existing shareholders the opportunity to buy additional shares directly from the company at a discounted price, within a specific period. Shareholders receive rights proportional to their current holdings, which they can exercise, sell, or let expire.

How To Apply For Rights Issue?

To apply for a rights issue, shareholders receive a rights entitlement based on their shareholding. They can apply by filling out the application form provided by the company and submitting it along with the subscription price for the number of shares they wish to purchase.

How To Calculate Subscription Price In Rights Issue?

The subscription price in a rights issue is usually set below the current market price to entice shareholders to invest. It’s calculated based on several factors including current stock performance, expected capital raise, and strategic goals, and is specified by the company during the announcement.

Why Company Issue Right Shares?

Companies issue right shares to raise additional capital for various purposes such as paying off debt, funding new projects, or expanding operations. It allows companies to secure funds while giving existing shareholders a chance to increase their investment at a potentially lower cost.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

Picture of Vinayak Hagargi
Vinayak Hagargi
Vinayak is a passionate financial markets enthusiast with 4+ years of experience. He has curated over 100 articles simplifying complex financial concepts. He has a unique ability to break down financial jargon into digestible chunks. Vinayak aims to empower newbies with relatable, easy-to-understand content. His ultimate goal is to provide content that resonates with their needs and aspirations.
More About The Author
Read More News
Downloads
Circulars
Bank Details
How to Videos

Attention Investors!

"Prevent unauthorized transactions in your account update your mobile number/ email Id with your Stock Broker. Receive information of your transactions directly from Exchange on your mobile / email id at the end of the day."

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.  Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from the depository on your email id and/or mobile number to create a pledge.   Pay 20% upfront margin of the transaction early to trade in the cash market segment.   Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, and NSE/INSP/45534 dated August 31, 2020, and other guidelines issued from time to time in this regard.   Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Corporate Office: No. 153/2, 3rd Floor, M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bengaluru – 560 063, Karnataka.
Registered Office: Old No.56/2 ,New No.58, LIC Nagar, Vinayagar Kovil Street, Erode -8,Tamil Nadu– 638002.
Alice Blue Financial Services (P) Ltd : NSE EQ | NSE FO | NSE CDS-90112 SEBI REG : INZ000156038
Alice Blue Financial Services (P) Ltd : BSE EQ | BSE FO | BSE CD-6670 SEBI REG : INZ000156038
Alice Blue Financial Services (P) Ltd : CDSL DP ID 12085300 DP SEBI REG : IN-DP-364-2018
Alice Blue Financial Services (P) Ltd : MCX-56710 SEBI REG : INZ000156038
We hereby declare that we are doing PRO trading

Procedure to file a complaint on SEBI SCORES : Register on SCORES portal and SEBI SCORES 2.0.  Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances

Click on the provided link to learn about the process for submitting a complaint on the ODR platform for resolving investor grievances.

Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit.

For queries regarding account opening or activation, email to [email protected] and for fund updates, email to [email protected]

Disclaimer : Prevent unauthorized transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors. All clients have to update their email id and mobile number with Member : Investor Grievance [email protected]
KYC is a one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in the investor’s account.

Investors are requested to note that Alice Blue Financial Services Private Limited is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Alice Blue Financial Services Private Limited is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker. Bank Details.

DND Policy
Investor Charter
Legal Documentation
Privacy Policy
Feedback
Annual Returns
Advisory for Investors
E-voting
Mandatory Member Details
Open Free Demat Account
Download Alice Blue Mobile App

*T&C apply