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Emerald Leasing Finance and Investment Company Limited Rights Issue (Emerald Leasing Finance Rights Issue) Detail

March 22, 2021 - April 5, 2021
Emerald Leasing Finance and Investment Company Limited Logo

Emerald Leasing Finance & Investment Company Limited is a Non-Deposit taking Non-Banking Financial Company (NBFC-ND) registered with RBI to carry on NBFI activities. As a Non-Banking Financial Company (NBFC) the company provides financial services focussing on micro, small and medium enterprises (“MSMEs”) and retail customers. Their business model revolves around lending activities (granting loans & advances).

The Company also helps in facilitating finance through other banks and NBFCs. Through their Subsidiary Company, they also act as a Direct Selling Agent for various Banks and NBFCs.

Emerald Leasing Finance & Investment Company Limited offers the following financial products;
(i) Short-term financing
(ii) MSME Loans

Emerald Leasing Finance Rights Issue Detail

Issue Open March 22, 2021 - April 5, 2021
Security Name Emerald Leasing Finance and Investment Company Limited
Issue Size (Shares) 20,000,000
Issue Size (Amount) ₹20.00 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment The full amount of ₹10/- per Equity Share is payable on application.
Entitlement 42 Rights Equity Shares for every 19 fully paid-up Equity Shares held on the Record Date

Emerald Leasing Finance Rights Issue Issue Timetable

Record Date January 28, 2021
Credit of Rights Entitlements March 11, 2021
Bid/Offer Opens On March 22, 2021
Renunciation of Rights Entitlements April 1, 2021
Bid/Offer Closes On April 5, 2021
Deemed Date of Allotment April 20, 2021
Credit Date April 22, 2021
Listing Date April 26, 2021

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19
Total Assets 1,956.55 1,609.27
Total Income 786.78 671.93
Profit After Tax 129.04 118.48

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized to: 1. Augment the Company's capital base; and 2. Meet issue related expenses.

Emerald Leasing Finance Rights Issue Documents

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Company Contact Information

Emerald Leasing Finance and Investment Company Limited
SCO 7, Industrial Area, Phase II
Chandigarh – 160002


Phone: 0172 - 4005659
Email: info@emeraldfin.com
Website: https://www.emeraldfin.com/

Emerald Leasing Finance Rights Issue Registrar

  1. Mas Services Limited
    Phone: (011) 2610 4142
    Email: info@masserv.com
    Website: https://www.masserv.com/opt.asp

Emerald Leasing Finance Rights Issue Lead Manager(s)

Emerald Leasing Finance Rights Issue FAQs

The Emerald Leasing Finance Rights Issue opens on March 22, 2021, and closes on April 5, 2021.

Emerald Leasing Finance Rights Issue Schedule

Last Date for credit of Rights EntitlementsMarch 11, 2021
Last Date for renunciation of Rights EntitlementsApril 1, 2021
Issue Opening DateMarch 22, 2021
Issue Closing DateApril 5, 2021
Date of Allotment (on or about)April 20, 2021
Date of Credit (on or about)April 22, 2021
Date of Listing (on or about)April 26, 2021

Emerald Leasing Finance Rights Issue price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 42 Rights Equity Shares for every 19 fully paid-up Equity Shares held on the Record Date (January 28, 2021).

The record date for the Emerald Leasing Finance Rights Issue is January 28, 2021.

The issue size of Emerald Leasing Finance Rights Issue is of 20,000,000 equity shares at ₹10 per share aggregating upto ₹20.00 Crores.

The Letter of Offer for Emerald Leasing Finance Rights Issue can be download here.

You can apply for Emerald Leasing Finance Rights Issue in two ways:

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

Steps to apply for Emerald Leasing Finance Rights Issue 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 Emerald Leasing Finance Rights Issue available on the list.
  4. Click the Apply button next to the Emerald Leasing Finance Rights Issue.
  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 Emerald Leasing Finance Rights Issue using Registrar's website (R-WAP)

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

1 Comments

1. Ahm Hem     Link|April 7, 2021 11:34:32 AM
i BUY 10,000 qty with Rs. 1.10 from my demat account before 5-6 days,
Note : since 2 days transaction is banned by bse, so, i can't buy/sell my stock, Now, what will happen for my stock holding ? please guide me.

Below is mail i got yesterday

Dear Sir/ Madam,
With regard to Right Entitlement (RE) of Emerald Leasing Finance & Investment Company Limited held by you in your demat account, it is informed that the right issue of Emerald Leasing Finance & Investment Company Limited is closing on April 20, 2021.
These REs will lapse after the Issue Closing Date unless they are:
Subscribed by making an application with requisite application money on or before the Issue Closing Date, or
Renounced on or before the Issue Closing Date.
For Central Depository Services (India) Limited,
​Authorized Signatory

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