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Credent Global Finance Limited Rights Issue (Credent Global Finance Rights Issue 2023) Detail

July 25, 2023 - August 14, 2023
Credent Global Finance Limited Logo

Incorporated in 1991, Credent Global Finance Limited is engaged in offering financial services to the customers. They offer a wide array of services including Asset Management, Investment Banking, Real Estate, and investments.

Credent Global Finance serves to a diverse clientele involving individuals, financial institutions, and corporates.

The company is expanding its presence all over India, and also extending its operations in the UK market.

Credent Global strives at playing a crucial role in offering multiple and easy financial services to the customers under one roof. This is so that the customers do not have to rely to multiple entities for each of their financial requirements.

Credent Global Finance Rights Issue 2023 Detail

Issue Open July 25, 2023 - August 14, 2023
Security Name Credent Global Finance Limited
Issue Size (Shares) 3,468,750
Issue Size (Amount) ₹48.56 Crores
Issue Price ₹140 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

On Application, Investors will have to pay Rs. 140 per Rights Equity Share, which constitutes 100% of the Issue price.

Entitlement 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date

Credent Global Finance Rights Issue 2023 Issue Timetable

Last Date to buy sharesJuly 14, 2023
Record Date July 17, 2023
Credit of Rights Entitlements July 24, 2023
Bid/Offer Opens On July 25, 2023
Renunciation of Rights Entitlements August 10, 2023
Bid/Offer Closes On August 14, 2023
Deemed Date of Allotment August 14, 2023
Credit Date August 17, 2023
Listing Date August 21, 2023

Company Financials

Credent Global Finance Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-227.921.901.07
31-Mar-2375.8019.576.74
Amount in ₹ Crore

Objects of the Issue:

The Company intends to utilize the proceeds of the Issue towards the following objects:

  1. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities
  2. General corporate purposes

Credent Global Finance Rights Issue 2023 Documents

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Company Contact Information

Credent Global Finance Limited
Unit No. 609-A, 6 th Floor, One BKC,
C-Wing, G Block, Opposite Bank of Baroda,
Bandra Kurla Complex, Bandra(East), Mumbai -400051

Phone: +91 22 6845 2001
Email: compliance@credentglobal.com
Website: https://credentglobal.com/#/

Credent Global Finance Rights Issue 2023 Registrar

  1. Beetal Financial & Computer Services (P) Limited
    Phone: +91 11 29961281
    Email: beetal@beetalfinancial.com
    Website: http://www.beetalmail.com/smeipo

Credent Global Finance Rights Issue 2023 Lead Manager(s)

Credent Global Finance Rights Issue 2023 FAQs

The Credent Global Finance Rights Issue 2023 opens on July 25, 2023, and closes on August 14, 2023.

Credent Global Finance Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsJuly 24, 2023
Last Date for renunciation of Rights EntitlementsAugust 10, 2023
Issue Opening DateJuly 25, 2023
Issue Closing DateAugust 14, 2023
Date of Allotment (on or about)August 14, 2023
Date of Credit (on or about)August 17, 2023
Date of Listing (on or about)August 21, 2023

Credent Global Finance Rights Issue 2023 price is set at ₹140 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (July 17, 2023).

The record date for the Credent Global Finance Rights Issue 2023 is July 17, 2023.

The issue size of Credent Global Finance Rights Issue 2023 is of 3,468,750 equity shares at ₹140 per share aggregating upto ₹48.56 Crores.

The Letter of Offer for Credent Global Finance Rights Issue 2023 can be download here.

You can apply for Credent Global Finance Rights Issue 2023 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Credent Global Finance Rights Issue 2023 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Credent Global Finance Rights Issue 2023 available on the list.
  4. Click the Apply button next to the Credent Global Finance Rights Issue 2023.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Credent Global Finance Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Credent Global Finance Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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