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Mangalam Industrial Finance Rights Issue 2024 Detail
Issue Open February 12, 2024
Issue Close March 12, 2024
Issue Size (Shares) 12.39 Crores
Issue Size (Amount) ₹48.94 Crores
Issue Price ₹4 per Share
Listing At BSE

Mangalam Industrial Finance Rights Issue 2024 Date & Price FAQs

Mangalam Industrial Finance Rights Issue 2024 Timetable

Last Date for credit of Rights EntitlementsFebruary 5, 2024
Last Date for renunciation of Rights EntitlementsFebruary 20, 2024
Issue Opening DateFebruary 12, 2024
Issue Closing DateMarch 12, 2024
Allotment DateMarch 6, 2024
Shares Credit DateMarch 11, 2024
Listing DateMarch 13, 2024

Mangalam Industrial Finance Rights Issue 2024 price is set at ₹4 per Share. The Mangalam Industrial Finance Rights Issue 2024 opens on February 12, 2024, and closes on March 12, 2024, for the subscription.

The allotment of Mangalam Industrial Finance Rights Issue 2024 is expected to happen on or about March 6, 2024 as per the issue schedule.

Mangalam Industrial Finance Rights Issue 2024 expected to list on or around March 13, 2024.

The credit of Mangalam Industrial Finance Rights Issue 2024 in Demat account is expected on or about March 11, 2024 as per the issue schedule.

The company proposes to utilize the Net Proceeds towards funding the following Objects:

  1. To augment the capital base and provide for the fund requirements for increasing the operational scale of its NBFC activities; and
  2. General Corporate Purposes.

It is difficult to say at what price Mangalam Industrial 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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