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Grasim Industries Rights Issue 2024 Detail
Issue Open January 17, 2024
Issue Close January 29, 2024
Issue Size (Shares) 2.21 Crores
Issue Size (Amount) ₹3,999.80 Crores
Issue Price ₹1812 per Share
Listing At BSE, NSE

Grasim Industries Rights Issue 2024 Date & Price FAQs

Grasim Industries Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsJanuary 16, 2024
Last Date for renunciation of Rights EntitlementsJanuary 23, 2024
Issue Opening DateJanuary 17, 2024
Issue Closing DateJanuary 29, 2024
Allotment DateFebruary 8, 2024
Shares Credit DateFebruary 9, 2024
Listing DateFebruary 12, 2024

Grasim Industries Rights Issue 2024 price is set at ₹1812 per Share. The Grasim Industries Rights Issue 2024 opens on January 17, 2024, and closes on January 29, 2024, for the subscription.

The allotment of Grasim Industries Rights Issue 2024 is expected to happen on or about February 8, 2024 as per the issue schedule.

Grasim Industries Rights Issue 2024 listing date is February 12, 2024.

The credit of Grasim Industries Rights Issue 2024 in Demat account is expected on or about February 9, 2024 as per the issue schedule.

The company intends to utilize the Net Proceeds from the Issue towards funding the following objects:
  1. Repayment or prepayment, in full or in part, of certain borrowings availed by our Company; and
  2. General corporate purposes.

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

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