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.
Upcoming Right Issue Of Shares This Week
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 |
Quasar India Limited | Dec 11, 2024 | Dec 20, 2024 | Jan 17, 2025 | 1.14 | 48.81 | 1.5 | 8:1 | ||
Ace Software Exports Ltd. | Dec 5, 2024 | Dec 16, 2024 | Dec 20, 2024 | Dec 27, 2024 | 78 | 50 | 300.35 | 1:1 | |
Jonjua Overseas Ltd | Nov 29, 2024 | Dec 13, 2024 | Dec 17, 2024 | Dec 23, 2024 | 10 | 7.93 | 10.3 | 1:1 | |
Vistar Amar Ltd | Dec 6, 2024 | Dec 13, 2024 | Dec 17, 2024 | Dec 20, 2024 | 117 | 30 | 135.45 | 4:5 | |
Lws Knitwear Ltd. | Nov 28, 2024 | Dec 12, 2024 | Dec 19, 2024 | Dec 24, 2024 | 18 | 17 | 28.6 | 8.15 | 19:10 |
VICEROY HOTELS Limited | Nov 29, 2024 | Dec 12, 2024 | Dec 18, 2024 | Dec 24, 2024 | 112 | 49.52 | 124 | 7.3 | 7:10 |
Gujarat Natural Resources Limited | Dec 3, 2024 | Dec 12, 2024 | Nov 17, 2024 | Dec 20, 2024 | 10 | 48.15 | 16.63 | 5.75 | 3:5 |
Moongipa Capital Finance Ltd. | Dec 3, 2024 | Dec 12, 2024 | Dec 23, 2024 | Dec 27, 2024 | 25 | 15 | 31.94 | 4.79 | 2:1 |
Enbee Trade & Finance Ltd | Nov 28, 2024 | Dec 10, 2024 | Dec 23, 2024 | Dec 30, 2024 | 13 | 45.08 | 13.11 | 0.19 | 121:50:00 |
Upl Limited | Nov 26, 2024 | Dec 5, 2024 | Dec 11, 2024 | Dec 17, 2024 | 360 | 3,378 | 546.95 | 176.8 | 1:8 |
Nhc Foods Ltd | Nov 26, 2024 | Dec 5, 2024 | Dec 12, 2024 | Dec 18, 2024 | 1 | 47.42 | 2.49 | 0.86 | 4:1 |
Pradhin Ltd | Nov 14, 2024 | Nov 25, 2024 | Dec 10, 2024 | Dec 16, 2024 | 25 | 48 | 28.37 | 0.36 | 53:10:00 |
Introduction Of Upcoming Right Issue This Week
Quasar India Limited
Quasar India Limited is a diversified company offering services across various business sectors. Primarily specializing in financial services and business management, the company is advancing rapidly with its customer-centric approach and commitment to quality services.
Ace Software Exports Ltd
Ace Software Exports Ltd is a leading IT company specializing in software development and IT solutions. Offering services on a global scale, the company is known for delivering innovative and quality-driven technological solutions.
Jonjua Overseas Ltd
Jonjua Overseas Ltd is a trading company active in the textile and fabric industry. The company focuses on the export of high-quality products and is continuously working to expand the reach of its products in the global market.
Vistar Amar Ltd
Vistar Amar Ltd is a diversified company that operates actively across various industries. The company aims to provide better solutions to its clients by identifying new business opportunities and utilizing technological innovations.
VICEROY HOTELS Limited
VICEROY HOTELS Limited is a prominent hotel group that provides the highest level of hospitality services through its premium hotels and resorts. The company’s aim is to enhance luxury and comfortable travel experiences.
Gujarat Natural Resources Limited
Gujarat Natural Resources Limited is a natural resources company actively involved in minerals and energy production. The company contributes significantly to mineral extraction and natural gas production, as well as the energy sector.
Moongipa Capital Finance Ltd
Moongipa Capital Finance Ltd is a financial services company specializing in various investment schemes and capital investment options. The company’s goal is to provide clients with business investment and financial planning solutions.
Enbee Trade & Finance Ltd
Enbee Trade & Finance Ltd is a financial services company that offers investment, trading, and other financial solutions. The company provides investors with various financial products and plans along with supportive services.
Lws Knitwear Ltd
Lws Knitwear Ltd is a leading company specializing in the manufacturing of high-quality knitted apparel and fashion products. The company exports its products to global markets and is renowned for its technical expertise and fashion innovation.
Upl Limited
Upl Limited is a multinational company engaged in the production and supply of agricultural products, biotechnology, and chemical products. It provides farmers with pesticides, fertilizers, and other agricultural solutions, contributing to increased agricultural productivity and prosperity.
Nhc Foods Ltd
Nhc Foods Ltd is a prominent company operating in the food industry, producing high-quality food products. The company offers a diverse range of products across various food categories and is known for its quality and taste in the market.
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.