Banas Finance Rights Issue 2024 Date, Price, Allotment, Ratio

Banas Finance Rights issue date is fixed, the rights issue is to open on April [.] and will close on April [.], 2024. The Banas Finance Rights issue record date is April 26, 2024. The company is to offer 48,046,232 equity shares at a price of ₹10 per share. The Banas Finance Rights issue size will be ₹48.05 Crores. The entitlement ratio is 1:1, 1 rights share for every 1 fully-paid equity shares held on the record date. Check out Banas Finance rights issue details.

Table of Contents

Currently, M/s. Banas Fianance Limited is Non Banking Finance Company is engaged in finance, Share Trading, Investments, Consultancy and having interest in Realty business which is fast growing. Company is more doing a business of purchase, leasing, factoring, financing, lease of all kinds of plants and machinery, They more engaging into the business of motor vehicles, motor boats, trawlers, launches,ships, vessels, helicopters, aircraft, automobiles, computers or any other equipment.

Banas Finance Rights Issue Review

  • Avoid / Risky

Banas Finance Rights Issue 2024 Dates & Time Table

Rights Issue Open:2024
Rights Issue Close:2024
Rights Record Date:April 26, 2024
Deemed Date of Allotment2024
Renunciation of Rights Entitlements2024

Banas Finance Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹48.05 Crores
Price Band:₹10 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 1:1 (1 rights share for every 1 shares)
Equity:48,046,232 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Banas Finance Rights Issue 2024 Form & How to Apply

You can apply for Banas Finance Rights Issue 2024 in two ways:

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

Banas Finance Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹14.47₹4.92₹11.22
2022₹100.95₹9.31₹69.37
2023₹20.88₹120.57₹54.76

Banas Finance Rights Issue 2024 Allotment Status

NA

Banas Finance Rights Issue 2024 Lead Managers

NA

Company Address:

Banas Finance Ltd.
E-109, Crystal Plaza,
New Link Road,
Opp. Infinity Mall, Andheri (W) – 400 053
Phone: +9152096140/41
Email: [email protected]
Website: http://www.banasfinance.wordpress.com/

Banas Finance Rights Issue 2024 FAQs:


When is Banas Finance Rights Issue 2024 Record Date?

Banas Finance Rights Issue 2024 record date is April 26, 2024.

What is Banas Finance Rights Issue 2024 Price?

The company has fixed the price at ₹10 per equity share.

What is the Banas Finance Rights Issue 2024 Ratio?

The company has fixed the ratio (1:1), 1 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Banas Finance Rights Rights Issue 2024?

As per the record date you need to have Banas Finance 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

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.

One Response

Leave a Reply

Your email address will not be published. Required fields are marked *


OPEN DEMAT ACCOUNT