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IND Renewable Energy Rights Issue Jan 2024 Detail
Issue Open January 18, 2024
Issue Close February 2, 2024
Issue Size (Shares) 1.21 Crores
Issue Size (Amount) ₹25.43 Crores
Issue Price ₹21 per Share
Listing At BSE

IND Renewable Energy Rights Issue Jan 2024 Date & Price FAQs

IND Renewable Energy Rights Issue Jan 2024 Timetable

Last Date for credit of Rights EntitlementsJanuary 28, 2024
Last Date for renunciation of Rights EntitlementsJanuary 23, 2024
Issue Opening DateJanuary 18, 2024
Issue Closing DateFebruary 2, 2024
Allotment DateFebruary 3, 2024
Shares Credit DateFebruary 8, 2024
Listing DateFebruary 13, 2024

IND Renewable Energy Rights Issue Jan 2024 price is set at ₹21 per Share. The IND Renewable Energy Rights Issue Jan 2024 opens on January 18, 2024, and closes on February 2, 2024, for the subscription.

The allotment of IND Renewable Energy Rights Issue Jan 2024 is expected to happen on or about February 3, 2024 as per the issue schedule.

IND Renewable Energy Rights Issue Jan 2024 expected to list on or around February 13, 2024.

The credit of IND Renewable Energy Rights Issue Jan 2024 in Demat account is expected on or about February 8, 2024 as per the issue schedule.

The Company intends to utilize the Net Proceeds for the following objects:

  1. To acquire the Plant & Machinery to set up a 2.5 MWp Solar PV System . 
  2. Payment of Security Deposit for renting Land for setting up of Solar Plant 300.00
  3. To meet General Corporate purposes

It is difficult to say at what price IND Renewable Energy Rights Issue Jan 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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