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Nakoda Group of Industries Rights Issue 2022 Detail
Issue Open April 18, 2022
Issue Close May 16, 2022
Issue Size (Shares) 0.28 Crores
Issue Size (Amount) ₹33.40 Crores
Issue Price ₹120 per Share
Listing At BSE, NSE

Nakoda Group of Industries Rights Issue 2022 Date & Price FAQs

Nakoda Group of Industries Rights Issue 2022 Timetable

Last Date for credit of Rights EntitlementsApril 8, 2022
Last Date for renunciation of Rights EntitlementsApril 27, 2022
Issue Opening DateApril 18, 2022
Issue Closing DateMay 16, 2022
Allotment DateMay 12, 2022
Shares Credit DateMay 20, 2022
Listing DateMay 23, 2022

Nakoda Group of Industries Rights Issue 2022 price is set at ₹120 per Share. The Nakoda Group of Industries Rights Issue 2022 opens on April 18, 2022, and closes on May 16, 2022, for the subscription.

The allotment of Nakoda Group of Industries Rights Issue 2022 is expected to happen on or about May 12, 2022 as per the issue schedule.

Nakoda Group of Industries Rights Issue 2022 listing date is May 23, 2022.

The credit of Nakoda Group of Industries Rights Issue 2022 in Demat account is expected on or about May 20, 2022 as per the issue schedule.

The company proposes to utilize the Net Proceeds to:

  1. Repayment or prepayment, of all or a portion of certain outstanding borrowings including interest availed by the Company.
  2. To augment the existing and incremental working capital requirement of our company.
  3. General Corporate Purposes.

It is difficult to say at what price Nakoda Group of Industries Rights Issue 2022 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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