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Rights Issues 2024 | Page 2

Rights Issue is an invitation to the existing shareholders to purchase the additional shares of the company within a specific period at a discounted price. Unlike IPO, the rights issue is not offered to the general public but only to the existing shareholders in proportion of their existing holdings.

The eligible shareholders can either subscribe for the rights issue partly or fully; or can let the rights lapse by not opting to exercise their rights to purchase the additional shares; or can transfer their rights entitlements to other persons. The transfer of rights to other persons can be done by the trading of rights entitlements on a stock exchange similar to equity shares known as 'renunciation of rights issue'.

The rights issue offers benefits to eligible shareholders as it helps them acquire additional shares at a premium compared to the market price. However, one should study the company's performance before subscribing to the issue as unlike bonus shares, the rights issue comes with a price.

Issue open

Upcoming

Record date available

Rights Issues 2024 | Page 2

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 Compare
Yarn Syndicate Ltd.Jan 24, 2024Feb 06, 2024Feb 16, 2024Feb 21, 20242748.640.4124:5
Quest Softech (India) LimitedJan 08, 2024Feb 02, 2024Feb 08, 2024Feb 15, 2024304847.458:5
Skipper LtdJan 12, 2024Jan 30, 2024Feb 05, 2024Feb 08, 2024194199.184861:10
Shree Ajit Pulp and Paper LimitedJan 18, 2024Jan 30, 2024Feb 16, 2024Feb 20, 20248028.57220.152:3
Sharanam Infraproject And Trading LtdJan 10, 2024Jan 24, 2024Jan 29, 2024Feb 02, 2024170.767:5
Genpharmasec LimitedJan 09, 2024Jan 23, 2024Feb 02, 2024Feb 13, 20241.7548.453.041:1
Ind Renewable Energy LtdJan 08, 2024Jan 18, 2024Jan 23, 2024Feb 02, 20242125.4312.214:1
Grasim Industries Ltd.Jan 10, 2024Jan 17, 2024Jan 23, 2024Jan 29, 202418123999.82744.756:179
La Tim Metal And Industries LimitedJan 02, 2024Jan 10, 2024Jan 23, 2024Jan 29, 20248.537.5318.351:2
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Note:

  • The offer to buy a rights issue is an option and not an obligation on the existing shareholder.
  • To be eligible for the rights issue, one must be the shareholder of the company as on record date to qualify as an existing shareholder.
  • An existing shareholder subscribing to the rights issue in full can opt to subscribe for additional shares as well. The allotment for the additional shares would be based on the issue subscription.
  • The rights issue can be partly subscribed and partly transferred to other investors by the trading of the rights entitlements. However, in such cases, there will be no option to opt for additional shares over and above the allocated rights issue for either of the parties.
  • The rights entitlements (RE) are given a different ISIN to differentiate from the normal equity shares trading in the market.
  • The trading of RE closes 2-3 working days before the rights issue.

Learn more about Rights Issue of Shares


21 Comments

21. B. S. Murty   I Like It. |Report Abuse|  Link|September 17, 2024 10:36:54 PMReply
How to make payment to Rights Issue Shares?
20. raja   I Like It. |Report Abuse|  Link|August 16, 2024 1:52:54 PMReply
What is the use of publish the rights issue details just before 1 or 2 days of record date , it is requested to publish the details on announced day.
20.1. Murthy   I Like It. |Report Abuse|  Link|September 7, 2024 10:08:02 AM
Dear Raja,

Please note that chittorgarh team is maintaining this site for free of cost. Please respect their work. While we all like timely and accurate information, please note that we cannot demand when somebody is giving it for free.

You are welcome to volunteer.

Regards
20.2. Reena @ Team Chittorgarh.com   I Like It. |Report Abuse|  Link|September 16, 2024 4:12:28 PM
Greetings Sir,

Thank you for your feedback. We open the page for Rights Issue as soon as we have some minimum details like issue size. Many times it happens so that the RI page remains open with no further updates to it for months. The list becomes unusually long and users also tend to miss the required info on current/ongoing RIs. Thus, post announcement if there is no new information/movement for 2 months, we take it off the list and add it back only when there is some new update to it.

Regards.
19. Murthy   I Like It. |Report Abuse|  Link|September 4, 2024 8:34:02 AMReply
https://mdpl.in/abha/Final%20Letter%20of%20Offer_08.08.2024.pdf

Abha Property rights issue is missing here
19.1. Reena @ Team Chittorgarh.com   I Like It. |Report Abuse|  Link|September 4, 2024 5:08:03 PM
Greetings Sir,

The list covers the rights issue of BSE and NSE. Since Abha Properties is listed on CSE (Calcutta Stock Exchange), it is not a part of the above list.

Thank you.
19.2. Murthy   I Like It. |Report Abuse|  Link|September 7, 2024 10:06:04 AM
@Reena, Thanks for the information.

One improvement I see is, there is no dedicated page for call money. You may want to create a page for call money or consider them under the Rights issue itself.
18. RAGHUVIR MITTAL   I Like It. |Report Abuse|  Link|August 5, 2024 7:53:47 PMReply
यह देख कर बहुत दुःख होता है कि Right issue के मामले में SEBI ने कंपनियों को पूरी छूट दे रखी है और उन पर कोई नियम लागू नहीं होता सेबी को गहरी नींद से जागना चाहिए और Right issue के लिए अलॉटमेंट लिस्टिंग आदि की समय सीमा निर्धारित होनी चाहिए और पालन न करने वाली कम्पनी और Registrar to the Right issue के खिलाफ सख्त कार्रवाई
करनी चाहिए
17. RAGHUVIR MITTAL   I Like It. |Report Abuse|  Link|August 5, 2024 7:31:58 PMReply
1. The date of credit of Right share Spright Agro to demat account ?
2. The date of allotment of Right share Mitcon?
3. The address and contact and site of Registrar to the Right issue of Mitcon ?
16. Nipun   I Like It. |Report Abuse|  Link|July 30, 2024 9:46:29 PMReply
CMP of TATA CONSUMER PRODUCTS is wrong
15. Murthy   I Like It. |Report Abuse|  Link|July 18, 2024 8:15:33 PMReply
Team, Please rearrange the dates columns in chronological order.
Last date to buy, Open date, Renunciation date and close date. It would be easy to follow. Currently, the dates column are confusing.
15.1. Reena @ Team Chittorgarh.com   I Like It. |Report Abuse|  Link|July 26, 2024 9:21:53 AM
Greetings Sir, Thank you for your feedback. The date columns have been rearranged as per the order of events.
14. ansnikki   I Like It. |Report Abuse|  Link|June 5, 2024 3:32:07 PMReply
Why Jaykey Enterprise right issue not visible.
14.1. Puneet Gupta   I Like It. |Report Abuse|  Link|July 23, 2024 1:42:17 PM
Yet to be announced by company
13. Murthy   I Like It. |Report Abuse|  Link|July 23, 2024 11:45:25 AMReply
Orient Green power is coming for rights again
https://www.bseindia.com/corporates/download/9925/Rights/DLOF15052024_20240522112537.pdf
12. Murthy   I Like It. |Report Abuse|  Link|July 23, 2024 11:44:58 AMReply
Orient Green Power is coming for Rights again
11. Harshil mehta   I Like It. |Report Abuse|  Link|July 18, 2024 11:54:32 PMReply
How to make payment of right issue of SEPC LTD.PLEASE PROVIDE LINK FOR THE SAME
10. Upendra   I Like It. |Report Abuse|  Link|July 7, 2024 12:15:10 PMReply
Can i apply for 2000 shares if i had buy re 400 shares from sprite agro market ?
9. Murthy   I Like It. |Report Abuse|  Link|March 5, 2024 10:03:26 AMReply
Borosil is planning to go for Rights issue
9.1. Murthy   I Like It. |Report Abuse|  Link|June 21, 2024 4:54:23 PM
https://www.borosilrenewables.com/Links/Investor/Rights%20Issue/Draft%20Letter%20of%20offer%20for%20Rights%20Issue%20-%202024.pdf
8. Vineet gupta   I Like It. |Report Abuse|  Link|June 14, 2024 3:56:06 PMReply
Main essential ke right issue kaise khirudu
7. Murthy   I Like It. |Report Abuse|  Link|May 2, 2024 11:31:27 AMReply
Chittorgarh team, please reorder the dates column in the order they happen.
Something like

Record date, issue open date, renunciation date and issue close date.
6. Murthy   I Like It. |Report Abuse|  Link|April 29, 2024 4:01:13 PMReply
La tim call money is open is getting closed in a week.
5. Mirza   I Like It. |Report Abuse|  Link|April 8, 2024 7:47:39 PMReply
I have jaykay Enterprises Limited right issue shares 9715 . How to know that I originally got this or not because PROVEX app gave right issue shares subscription... Institutional account given by blackrock investment analyst Mr omkar Rameshchandra Bhutada
5.1. Vk   I Like It. |Report Abuse|  Link|April 11, 2024 10:00:21 AM
How can they provide you the right issue if you are not a share holder of Jaykay Enterprises.
4. ashu   I Like It. |Report Abuse|  Link|April 1, 2024 2:47:41 PMReply
I have RE and share also for HCC but dont know hw to apply and also dot have any link for conversation with HCC company, can u suggest
4.1. Santosh Kisan desai   I Like It. |Report Abuse|  Link|April 4, 2024 7:47:06 AM
I am intrested contribution in hcc right issue purchase
3. Shobin   I Like It. |Report Abuse|  Link|March 14, 2024 4:34:36 PMReply
If the share is bought on the previous day of the record date, will we eligible for rights issue
3.1. Murthy   I Like It. |Report Abuse|  Link|March 18, 2024 9:44:26 AM
Yes
2. Gajendra Singh Chouhan   I Like It. |Report Abuse|  Link|March 6, 2024 9:29:41 AMReply
how to apply online for right issue of south indian bank.
1. Bala   I Like It. |Report Abuse|  Link|February 18, 2024 9:44:13 AMReply
Shree Ganesh remedies pvt Ltd final call payment declared my query is how to make payment.Bigshareonmibe us RTA but I can't found any link to pay online.
1.1. Geetesh   I Like It. |Report Abuse|  Link|February 24, 2024 8:41:36 PM
Go to your net banking which has ASBA option. In the ipo section, you should find this stock