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Jaykay Enterprises Rights Issue 2024 Detail
Issue Open August 27, 2024
Issue Close September 4, 2024
Issue Size (Shares) 5.85 Crores
Issue Size (Amount) ₹146.14 Crores
Issue Price ₹25 per Share
Listing At BSE

Jaykay Enterprises Rights Issue 2024 Date & Price FAQs

Jaykay Enterprises Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsAugust 22, 2024
Last Date for renunciation of Rights EntitlementsAugust 29, 2024
Issue Opening DateAugust 27, 2024
Issue Closing DateSeptember 4, 2024
Allotment DateSeptember 10, 2024
Shares Credit DateSeptember 11, 2024
Listing DateSeptember 13, 2024

Jaykay Enterprises Rights Issue 2024 price is set at ₹25 per Share. The Jaykay Enterprises Rights Issue 2024 opens on August 27, 2024, and closes on September 4, 2024, for the subscription.

The allotment of Jaykay Enterprises Rights Issue 2024 is expected to happen on or about September 10, 2024 as per the issue schedule.

Jaykay Enterprises Rights Issue 2024 expected to list on or around September 13, 2024.

The credit of Jaykay Enterprises Rights Issue 2024 in Demat account is expected on or about September 11, 2024 as per the issue schedule.

The Company intends to utilize the Net Proceeds from this Issue towards the following:

  1. Investment in the Wholly Owned Subsidiary JK Defence & Aerospace Limited ("JK Defence") to establish the manufacturing facility of defence-related products and repayment of loan taken by JK Defence.
  2. Investment in the Wholly Owned Subsidiary JK Digital & Advance Systems Private Limited ("JK Digital") for the purchase of 3-D Printing machinery and establishment of a Center of Excellence in 3-D Printing.
  3. General Corporate Purposes.

It is difficult to say at what price Jaykay Enterprises 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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