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Praxis Home Retail Rights Issue 2023 Detail
Issue Open June 6, 2023
Issue Close June 14, 2023
Issue Size (Shares) 4.92 Crores
Issue Size (Amount) ₹49.19 Crores
Issue Price ₹10 per Share
Listing At BSE, NSE

Praxis Home Retail Rights Issue 2023 Date & Price FAQs

Praxis Home Retail Rights Issue 2023 Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsJune 9, 2023
Issue Opening DateJune 6, 2023
Issue Closing DateJune 14, 2023
Allotment DateJune 21, 2023
Shares Credit DateJune 26, 2023
Listing DateJune 30, 2023

Praxis Home Retail Rights Issue 2023 price is set at ₹10 per Share. The Praxis Home Retail Rights Issue 2023 opens on June 6, 2023, and closes on June 14, 2023, for the subscription.

The allotment of Praxis Home Retail Rights Issue 2023 is expected to happen on or about June 21, 2023 as per the issue schedule.

Praxis Home Retail Rights Issue 2023 listing date is June 30, 2023.

The credit of Praxis Home Retail Rights Issue 2023 in Demat account is expected on or about June 26, 2023 as per the issue schedule.

The Company proposes to utilize the Net Proceeds to:

1. To reduce the current liabilities by repaying part of outstanding trade payables

2. General corporate purposes, and

3. Issue-related expenses.

It is difficult to say at what price Praxis Home Retail Rights Issue 2023 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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