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Varanium Cloud Rights Issue 2023 Detail
Issue Open September 28, 2023
Issue Close October 6, 2023
Issue Size (Shares) 0.40 Crores
Issue Size (Amount) ₹49.45 Crores
Issue Price ₹123 per Share
Listing At NSE

Varanium Cloud Rights Issue 2023 Date & Price FAQs

Varanium Cloud Rights Issue 2023 Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsSeptember 29, 2023
Issue Opening DateSeptember 28, 2023
Issue Closing DateOctober 6, 2023
Allotment DateOctober 6, 2023
Shares Credit DateOctober 10, 2023
Listing DateOctober 12, 2023

Varanium Cloud Rights Issue 2023 price is set at ₹123 per Share. The Varanium Cloud Rights Issue 2023 opens on September 28, 2023, and closes on October 6, 2023, for the subscription.

The allotment of Varanium Cloud Rights Issue 2023 is expected to happen on or about October 6, 2023 as per the issue schedule.

Varanium Cloud Rights Issue 2023 expected to list on or around October 12, 2023.

The credit of Varanium Cloud Rights Issue 2023 in Demat account is expected on or about October 10, 2023 as per the issue schedule.

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To augment the existing and incremental working capital requirement of the company - Hydra BPO Unit.
  2. General Corporate Purposes.

It is difficult to say at what price Varanium Cloud 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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