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Adroit Infotech Rights Issue 2024 Detail
Issue Open February 7, 2024
Issue Close February 16, 2024
Issue Size (Shares) 3.25 Crores
Issue Size (Amount) ₹48.75 Crores
Issue Price ₹15 per Share
Listing At BSE, NSE

Adroit Infotech Rights Issue 2024 Date & Price FAQs

Adroit Infotech Rights Issue 2024 Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsFebruary 12, 2024
Issue Opening DateFebruary 7, 2024
Issue Closing DateFebruary 16, 2024
Allotment DateFebruary 23, 2024
Shares Credit DateFebruary 28, 2024
Listing DateMarch 4, 2024

Adroit Infotech Rights Issue 2024 price is set at ₹15 per Share. The Adroit Infotech Rights Issue 2024 opens on February 7, 2024, and closes on February 16, 2024, for the subscription.

The allotment of Adroit Infotech Rights Issue 2024 is expected to happen on or about February 23, 2024 as per the issue schedule.

Adroit Infotech Rights Issue 2024 expected to list on or around March 4, 2024.

The credit of Adroit Infotech Rights Issue 2024 in Demat account is expected on or about February 28, 2024 as per the issue schedule.

The company proposes to utilize the net proceeds from the Issue towards funding the following objects:

  1. Towards Expansion of Business;
  2. To pay off other non-current liabilities;
  3. To part finance the requirement of Working Capital;
  4. Acquisitions of Businesses in similar or complementary space;
  5. To meet General corporate purposes; and
  6. To meet the expenses of the Issue.

It is difficult to say at what price Adroit Infotech Rights Issue 2024 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Adroit Infotech Rights Issue 2024 which could help you with questions like Adroit Infotech Rights Issue 2024 buy or not? Consider reading Adroit Infotech Rights Issue 2024 reviews and analysis from experts posted on rights issue detail page.