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Srestha Finvest Ltd Rights Issue (Srestha Finvest Rights Issue 2024) Detail

Srestha Finvest Ltd Logo

Srestha Finvest Limited is an India-based non-banking finance company. The company's primary business is lending money against securities, movable and immovable properties, finance, hire purchase, and leasing. It involves finance, loans, investment, consultancy, and securities transactions.

Srestha Finvest Rights Issue 2024 Detail

Issue Open
Security Name Srestha Finvest Ltd
Issue Size (Shares) 240,000,000
Issue Size (Amount) ₹48.00 Crores
Issue Price ₹2 per share
Face Value ₹2 per share
Listing At BSE
Terms of Payment

Issue Price of Rs.2/- payable on Application.

Entitlement 12 Rights Equity Share(s) for every 29 fully paid-up Equity Shares held on Record Date

Srestha Finvest Rights Issue 2024 Issue Timetable

Last Date to buy sharesJune 21, 2024
Record Date June 24, 2024
Credit of Rights Entitlements
Bid/Offer Opens On
Renunciation of Rights Entitlements
Bid/Offer Closes On
Deemed Date of Allotment
Credit Date
Listing Date

Company Financials

Srestha Finvest Ltd Financial Information (Restated)

Srestha Finvest Ltd's revenue increased by 19.15% and profit after tax (PAT) dropped by -12181.73% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets91.9925.9746.48
Revenue2.752.314.73
Profit After Tax-4.97-0.04-0.54
Reserves and Surplus-4.670.260.31
Amount in ₹ Crore

Srestha Finvest Rights Issue 2024 Documents

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Company Contact Information

Srestha Finvest Ltd
Door No.19&20, General Muthiah Mudali Street
Sowcarpet,
Chennai – 600003

Phone: 044-40057044
Email: srestha.info@gmail.com
Website: https://www.srestha.co.in/

Srestha Finvest Rights Issue 2024 Registrar

Srestha Finvest Rights Issue 2024 Lead Manager(s)

Find Srestha Finvest Rights Issue 2024 Latest Update

Srestha Finvest Rights Issue 2024 FAQs

The Srestha Finvest Rights Issue 2024 open and close dates are not available as of now.

Sorry the Srestha Finvest Rights Issue 2024 timelines are not available at this time.

Srestha Finvest Rights Issue 2024 price is set at ₹2 per share per equity share.

The eligible shareholders are being offered 12 Rights Equity Share(s) for every 29 fully paid-up Equity Shares held on Record Date (June 24, 2024).

The record date for the Srestha Finvest Rights Issue 2024 is June 24, 2024.

The issue size of Srestha Finvest Rights Issue 2024 is of 240,000,000 equity shares at ₹2 per share aggregating upto ₹48.00 Crores.

The Letter of Offer for Srestha Finvest Rights Issue 2024 is not available at this time.

You can apply for Srestha Finvest Rights Issue 2024 in two ways:

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

Steps to apply for Srestha Finvest Rights Issue 2024 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 Srestha Finvest Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Srestha Finvest Rights Issue 2024.
  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 Srestha Finvest Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Srestha Finvest Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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