Hindware Home Innovation Rights Issue 2024 Date, Price, Allotment, Ratio

Hindware Home Innovation Rights issue date is fixed, the rights issue is to open on November 7, 2024 and will close on November 22, 2024. The Hindware Home Innovation Rights issue record date is October 25, 2024. The company is to offer 11,349,962 equity shares at a price of ₹220 per share. The Hindware Home Innovation Rights issue size will be ₹249.70 Crores. The entitlement ratio is 119:758, 119 rights share for every 758 fully-paid equity shares held on the record date. Check out Hindware Home Innovation rights issue details.

Hindware Home Innovation Rights Issue 2024

Established on September 28, 2017, Hindware Home Innovation Limited formerly known as Somay Home Innovation Limited is a renowned company known for manufacturing and distributing Indian home products and the home appliances sector. In the Indian consumer appliances market, they are among the companies with the quickest growth rate. They sell home appliances such as kitchen appliances, air coolers, fans, and furniture fittings. In the building products segment, the company offers sanitaryware, faucets, high-quality tiles, and plastic pipes and fittings. Moreover, they also provide services like product installation, after-sales service, warranty services, spare parts supply, and technical support, they believe in creating strong bonds with their consumers. After joining hands with Hintastica Private Limited, they also manufactured water heaters and room heaters.

Hindware Home Innovation Rights Issue Review

  • Avoid / Risky

Hindware Home Innovation Rights Issue 2024 Dates & Time Table

Rights Issue Open:November 7, 2024
Rights Issue Close:November 22, 2024
Rights Record Date:October 25, 2024
Last Date to Buy Shares:October 24, 2024
Deemed Date of AllotmentNovember 27, 2024
Renunciation of Rights EntitlementsNovember 18, 2024

Hindware Home Innovation Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹249.70 Crores
Price Band:₹220 Per Equity Share
Face Value:₹2 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 119:758 (119 rights share for every 758 shares)
Equity:11,349,962 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Hindware Home Innovation Rights Issue 2024 Form & How to Apply

You can apply for Hindware Home Innovation Rights Issue 2024 in two ways:

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

Hindware Home Innovation Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹526.23₹508.96₹12.69
2023₹600.52₹581.8210.60
2024₹487.30₹540.85₹35.99

Hindware Home Innovation Rights Issue 2024 Allotment Status

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Hindware Home Innovation Rights Issue 2024 Lead Managers

  • Finshore Management Services Limited

Company Address:

Hindware Home Innovation Limited
2,
Red Cross Place
Kolkata, 700001
Phone: 911244779200
Email: [email protected]
Website: https://hindware.com/

Hindware Home Innovation Rights Issue 2024 FAQs:


When is Hindware Home Innovation Rights Issue 2024 Record Date?

Hindware Home Innovation Rights Issue 2024 record date is November 7, 2024.

What is Hindware Home Innovation Rights Issue 2024 Price?

The company has fixed the price at ₹220 per equity share.

What is the Hindware Home Innovation Rights Issue 2024 Ratio?

The company has fixed the ratio (119:758), 119 Rights Equity Share for every 758 Equity Shares as on record date.

How to apply for Hindware Home Innovation Rights Rights Issue 2024?

As per the record date you need to have Hindware Home Innovation 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.

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