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IIFL Finance Rights Issue 2024 Detail
Issue Open April 30, 2024
Issue Close May 14, 2024
Issue Size (Shares) 4.24 Crores
Issue Size (Amount) ₹1,271.83 Crores
Issue Price ₹300 per Share
Listing At BSE, NSE

IIFL Finance Rights Issue 2024 Date & Price FAQs

IIFL Finance Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsApril 29, 2024
Last Date for renunciation of Rights EntitlementsMay 8, 2024
Issue Opening DateApril 30, 2024
Issue Closing DateMay 14, 2024
Allotment DateMay 24, 2024
Shares Credit DateMay 27, 2024
Listing DateMay 28, 2024

IIFL Finance Rights Issue 2024 price is set at ₹300 per Share. The IIFL Finance Rights Issue 2024 opens on April 30, 2024, and closes on May 14, 2024, for the subscription.

The allotment of IIFL Finance Rights Issue 2024 is expected to happen on or about May 24, 2024 as per the issue schedule.

IIFL Finance Rights Issue 2024 listing date is May 28, 2024.

The credit of IIFL Finance Rights Issue 2024 in Demat account is expected on or about May 27, 2024 as per the issue schedule.

The Company intends to utilize the Net Proceeds from the Issue towards augmenting the capital base of the company.
  1. its existing activities; and
  2. the activities proposed to be funded from the Net Proceeds.

It is difficult to say at what price IIFL Finance 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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