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Satin creditcare Rights Issue Detail
Issue Open August 12, 2020
Issue Close August 26, 2020
Issue Size (Shares) 2.00 Crores
Issue Size (Amount) ₹119.90 Crores
Issue Price ₹60 per Share
Listing At

Satin creditcare Rights Issue Date & Price FAQs

Satin creditcare Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateAugust 12, 2020
Issue Closing DateAugust 26, 2020
Allotment DateSeptember 7, 2020
Shares Credit DateSeptember 8, 2020
Listing DateSeptember 11, 2020

Satin creditcare Rights Issue price is set at ₹60 per Share. The Satin creditcare Rights Issue opens on August 12, 2020, and closes on August 26, 2020, for the subscription.

The allotment of Satin creditcare Rights Issue is expected to happen on or about September 7, 2020 as per the issue schedule.

Satin creditcare Rights Issue expected to list on or around September 11, 2020.

The credit of Satin creditcare Rights Issue in Demat account is expected on or about September 8, 2020 as per the issue schedule.

The Net proceeds from the rights issue are to be utilized: 1) To increase the capital base of the Company to meet future capital requirements and funding requirements for growth of Company's business and operations. 2) For general corporate purposes.

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

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