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List of Upcoming Rights Issue in 2024

Here is the list of upcoming rights issue in India. These companies have announced their rights issue recently.

CompanyRights RatioFace Value (Rs)Premium (Rs)Year EndingRecord DateEx-Rights Date
BILLWIN INDUSTRIES
1:11024Mar 31, 2023Apr 29, 2024Apr 29, 2024
ASHNOOR TEXTILE
1:41010Mar 31, 2023Apr 26, 2024Apr 26, 2024
BANAS FINANCE
1:1100Mar 31, 2023Apr 26, 2024Apr 26, 2024
SOBHAGYA MRCH
34:11011Mar 31, 2023Apr 23, 2024Apr 23, 2024
IIFL FINANCE
1:92298Mar 31, 2023Apr 23, 2024Apr 23, 2024
SCANPOINT GEOM.
67:4723Mar 31, 2023Apr 19, 2024Apr 19, 2024
YUG DECOR
1:2100Mar 31, 2023Apr 19, 2024Apr 19, 2024
A B INFRABUILD
1:8108Mar 31, 2023Apr 5, 2024Apr 5, 2024
IYKOT HITECH
7:352Mar 31, 2023Apr 3, 2024Apr 3, 2024
SHIVA CEMENT
20:39238Mar 31, 2023Apr 3, 2024Apr 3, 2024
JYOTI STRUCTURE
6:37213Mar 31, 2023Mar 21, 2024Mar 21, 2024
MISHTANN FOODS
1:31114Mar 31, 2023Mar 20, 2024Mar 20, 2024
TIERRA AGROTECH LTD.
1:51040Mar 31, 2023Mar 18, 2024Mar 18, 2024
HCC
13:118120Mar 31, 2023Mar 16, 2024Mar 15, 2024
BALKRISHNA PAPER MILLS
2:11011Mar 31, 2023Mar 15, 2024Mar 15, 2024
CENTURY TWENTY
8:11010Mar 31, 2023Mar 12, 2024Mar 12, 2024
MERCURY TRAD
10:11030Mar 31, 2023Mar 1, 2024Mar 1, 2024
SOUTH IND.BANK
1:4121Mar 31, 2023Feb 27, 2024Feb 27, 2024
AFFORDABLE ROBOTIC & AUTOMATION
46:43910440Mar 31, 2023Feb 12, 2024Feb 12, 2024
INDIABULLS HOU. FIN.
1:22148Mar 31, 2023Feb 1, 2024Feb 1, 2024
NAGREEKA EXPORTS
3:2515Mar 31, 2023Jan 30, 2024Jan 30, 2024
INDIAN INFOTECH
13:5010.6Mar 31, 2023Jan 29, 2024Jan 29, 2024
MAGNUM VENTURES
2:111044Mar 31, 2023Jan 25, 2024Jan 25, 2024
YARN SYNDICA
24:51017Mar 31, 2023Jan 24, 2024Jan 24, 2024
SHREE AJIT PULP & PAPER
2:31070Mar 31, 2023Jan 18, 2024Jan 18, 2024
SKIPPER
1:101193Mar 31, 2023Jan 12, 2024Jan 12, 2024
GRASIM
6:17921810Mar 31, 2023Jan 10, 2024Jan 10, 2024
GENERIC PHARMASEC
1:110.75Mar 31, 2023Jan 9, 2024Jan 9, 2024
IND RENEWABLE ENERGY
4:11011Mar 31, 2023Jan 8, 2024Jan 8, 2024
DRILLCO METAL
1:217.5Mar 31, 2023Jan 2, 2024Jan 2, 2024




FAQs

Which companies have announced their rights issue for April 2024?

BILLWIN INDUSTRIES, ASHNOOR TEXTILE and BANAS FINANCE have announced their rights issue for April 2024.

Here is the list of companies which have announced rights issue recently.

What are rights issue?

A rights issue is an invitation to existing shareholders to purchase additional new shares in the company.

With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date.

Until the date at which the new shares can be purchased, shareholders may trade the rights on the market the same way that they would trade ordinary shares.

Why do companies do rights issue?

Companies usually carry out a rights issue to raise capital at a low cost.

A rights issue costs less than a public share issue as the company saves a significant amount of money, such as underwriting fees, advertisement cost and so on.



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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.