Vision Infra Equipment Solutions IPO
Shree Tirupati Balajee Agro Trading IPO
Namo eWaste Management IPO
Mach Conferences and Events IPO
Open Account
Copy Icon
URL copied to clipboard
  • Home
  • Upcoming Right Issue Of Shares This Week – September 2024 Rights

Upcoming Right Issue Of Shares This Week – September 2024 Rights

September 2024 features multiple 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.
  • 3 min read
Upcoming Right Issue Of Shares This Week - August 2024 Rights

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.

Trade Intraday, Equity and Commodity in Alice Blue and Save 33.3% Brokerage.

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
Orient Green Power Company Ltd.Aug 13, 2024Aug 27, 2024Sep 13, 20241325020.046.3810:51
Vinny Overseas LimitedAug 14, 2024Aug 27, 2024Sep 04, 2024Sep 10, 2024246.524.120.431:1
Modern Engineering and Projects LimitedAug 26, 2024Sep 5, 2024Sep 11, 2024Sep 17, 20244049.4460.2912.924:1
Dhyaani Tradeventtures LimitedAug 23, 2024Sep 5, 2024Sep 06, 2024Sep 13, 20242329.3723.220.593:1
Atal Realtech LimitedAug 22, 2024Sep 2, 2024Sep 4, 2024Sep 10, 2024725.97.520.331:2

Introduction Of Upcoming Right Issue This Week

Orient Green Power Company Ltd

Orient Green Power Company Limited is a leading renewable energy company in India, specializing in wind and biomass power generation. The company is committed to promoting sustainable energy solutions for a greener future.

Vinny Overseas Limited

Vinny Overseas Limited is a prominent textile manufacturer and exporter, offering a wide range of fabrics and garments. The company is known for its commitment to quality, innovation, and customer satisfaction.

Modern Engineering and Projects Limited

Modern Engineering and Projects Limited is a leading engineering and construction company specializing in infrastructure projects and industrial development. The company is known for its civil and mechanical engineering services.

Dhyaani Tradeventtures Limited

Dhyaani Tradeventtures Limited is a diversified trading company active in various commercial and financial services. The company invests in diverse business projects and provides business solutions to its clients.

Atal Realtech Limited

Atal Realtech Limited is a prominent real estate and construction company specializing in the development of residential and commercial projects. The company is recognized for its quality construction and project management services.

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

1. 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.

2. 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.

3. 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.

4. 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.

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
Kick start your Trading and Investment Journey Today!
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