Sobha Rights Issue 2024 Date, Price, Allotment, Ratio

Sobha Rights issue date is fixed, the rights issue is to open on June 28 and will close on July 4, 2024. The Sobha Rights issue record date is June 19, 2024. The company is to offer 12,107,981 equity shares at a price of ₹1651 per share. The Sobha Rights issue size will be ₹2000 Crores. The entitlement ratio is 6:47, 6 rights share for every 47 fully-paid equity shares held on the record date. Check out Sobha rights issue details.

sobha-rights-issue

Sobha Limited is one of the few vertically integrated real estate companies in India known for providing residential homes in India (Source: CRISIL Report) as well as manufacturing construction-related products. They have continuously endeavored to diversify and expand their offerings, through their focus on design, construction quality, building materials, and technology. They have been awarded ‘Real Estate Company of the Year — South’ at the 13th Construction Week India Awards 2023 and ‘One of India’s Top Builders’ at the 18th Construction World Architect and Builder Awards 2023. They completed their first project in 1999 located in Bengaluru, Karnataka, and have gradually expanded their geographical presence to other cities in India which, amongst others, include Gurugram, Haryana; Chennai, Tamil Nadu; Pune, Maharashtra; and Kochi, Kerala.

Sobha Rights Issue Review

  • Avoid / Risky

Sobha Rights Issue 2024 Dates & Time Table

Rights Issue Open:June 28, 2024
Rights Issue Close: July 4, 2024
Rights Record Date:June 19, 2024
Deemed Date of AllotmentJuly 12, 2024
Renunciation of Rights EntitlementsJuly 1, 2024

Sobha Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹2000 Crores
Price Band:₹1651 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 6:47 (6 rights share for every 47 shares)
Equity:12,107,981 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Sobha Rights Issue 2024 Form & How to Apply

You can apply for Sobha Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Sobha Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹2,191.15₹2,116.49₹65.54
2022₹2,808.96₹2,656.30₹112.85
2023₹3,425.87₹3,294.16₹95.29
2024₹3222.65₹3154.28₹46.57

Sobha Rights Issue 2024 Allotment Status

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

Check Sobha Rights issue on Linkintime website allotment URL. Click Here

Sobha Rights Issue 2024 Lead Managers

  • Jm Financial Limited
  • Bob Capital Markets Limited

Company Address:

Sobha Limited
‘SOBHA’, SARJAPUR – MARATHALLI OUTER RING RO
BELLANDUR POST,
BANGALORE – 560103
Phone: +91 80-49320000
Email: [email protected]
Website: http://www.sobha.com/

Sobha Rights Issue 2024 FAQs:


When is Sobha Rights Issue 2024 Record Date?

Sobha Rights Issue 2024 record date is June 19, 2024.

What is Sobha Rights Issue 2024 Price?

The company has fixed the price at ₹1651 per equity share.

What is the Sobha Rights Issue 2024 Ratio?

The company has fixed the ratio (6:47), 6 Rights Equity Share for every 47 Equity Shares as on record date.

How to apply for Sobha Rights Rights Issue 2024?

As per the record date you need to have Sobha Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

Follow IPO Watch for the Upcoming IPO News and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
    Share the Post:
    Facebook
    Twitter
    LinkedIn

    OPEN DEMAT ACCOUNT