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Arvind Fashions Rights Issue Detail
Issue Open March 4, 2021
Issue Close March 18, 2021
Issue Size (Shares) 1.48 Crores
Issue Size (Amount) ₹199.84 Crores
Issue Price ₹135 per Share
Listing At BSE

Arvind Fashions Rights Issue Date & Price FAQs

Arvind Fashions Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMarch 12, 2021
Issue Opening DateMarch 4, 2021
Issue Closing DateMarch 18, 2021
Allotment DateMarch 25, 2021
Shares Credit DateMarch 26, 2021
Listing DateMarch 31, 2021

Arvind Fashions Rights Issue price is set at ₹135 per Share. The Arvind Fashions Rights Issue opens on March 4, 2021, and closes on March 18, 2021, for the subscription.

The allotment of Arvind Fashions Rights Issue is expected to happen on or about March 25, 2021 as per the issue schedule.

Arvind Fashions Rights Issue expected to list on or around March 31, 2021.

The credit of Arvind Fashions Rights Issue in Demat account is expected on or about March 26, 2021 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards: i) Full or part prepayment/repayment of certain borrowings availed by the Company. ii) Full or part repayment/repayment of certain borrowings availed by the Company's wholly-owned subsidiary - Arvind Lifestyle Brands Limited. iii) General corporate purposes.

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

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