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Gujarat Toolroom Rights Issue 2024 Detail
Issue Open June 14, 2024
Issue Close July 12, 2024
Issue Size (Shares) 6.11 Crores
Issue Size (Amount) ₹48.89 Crores
Issue Price ₹8 per Share
Listing At BSE

Gujarat Toolroom Rights Issue 2024 Date & Price FAQs

Gujarat Toolroom Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsJune 11, 2024
Last Date for renunciation of Rights EntitlementsJuly 8, 2024
Issue Opening DateJune 14, 2024
Issue Closing DateJuly 12, 2024
Allotment DateJuly 19, 2024
Shares Credit DateJuly 22, 2024
Listing DateJuly 25, 2024

Gujarat Toolroom Rights Issue 2024 price is set at ₹8 per Share. The Gujarat Toolroom Rights Issue 2024 opens on June 14, 2024, and closes on July 12, 2024, for the subscription.

The allotment of Gujarat Toolroom Rights Issue 2024 is expected to happen on or about July 19, 2024 as per the issue schedule.

Gujarat Toolroom Rights Issue 2024 expected to list on or around July 25, 2024.

The credit of Gujarat Toolroom Rights Issue 2024 in Demat account is expected on or about July 22, 2024 as per the issue schedule.

The company proposes to utilize the gross proceeds raised through the Issue after deducting the Issue-related expense for the below-mentioned Objects:

  1. To augment the existing and incremental working capital requirement of the company;
  2. Investment in its wholly owned subsidiary, GTL Gems DMCC for augmentation of working capital requirements for its business activities; and
  3. General Corporate Purposes.

It is difficult to say at what price Gujarat Toolroom 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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