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Advik Capital Rights Issue 2023 Detail
Issue Open September 18, 2023
Issue Close October 6, 2023
Issue Size (Shares) 20.80 Crores
Issue Size (Amount) ₹49.91 Crores
Issue Price ₹2 per Share
Listing At BSE

Advik Capital Rights Issue 2023 Date & Price FAQs

Advik Capital Rights Issue 2023 Timetable

Last Date for credit of Rights EntitlementsSeptember 12, 2023
Last Date for renunciation of Rights EntitlementsSeptember 26, 2023
Issue Opening DateSeptember 18, 2023
Issue Closing DateOctober 6, 2023
Allotment DateOctober 4, 2023
Shares Credit DateOctober 9, 2023
Listing DateOctober 13, 2023

Advik Capital Rights Issue 2023 price is set at ₹2 per Share. The Advik Capital Rights Issue 2023 opens on September 18, 2023, and closes on October 6, 2023, for the subscription.

The allotment of Advik Capital Rights Issue 2023 is expected to happen on or about October 4, 2023 as per the issue schedule.

Advik Capital Rights Issue 2023 expected to list on or around October 13, 2023.

The credit of Advik Capital Rights Issue 2023 in Demat account is expected on or about October 9, 2023 as per the issue schedule.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To augment their capital base and increase operational scale with respect to their NBFC activities.
  2. General Corporate Purposes.

It is difficult to say at what price Advik Capital Rights Issue 2023 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 Advik Capital Rights Issue 2023 which could help you with questions like Advik Capital Rights Issue 2023 buy or not? Consider reading Advik Capital Rights Issue 2023 reviews and analysis from experts posted on rights issue detail page.