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

Rajath Finance Rights issue date is fixed, the rights issue is to open on 2024 and will close on 2024. The Rajath Finance Rights issue record date is 2024. The company is to offer 1,60,00,000 equity shares at a price of ₹10 per share. The Rajath Finance Rights issue size will be ₹16 Crores. The entitlement ratio is 4:1, 4 rights share for every 1 fully-paid equity shares held on the record date. Check out Rajath Finance rights issue details.

Rajath Finance, a Non-Banking Financial Company (NBFC), was established in 1984 and is well-known for providing personal and business loans to individuals and businesses who may be unable for Conventional loans. In addition to its loan services, the company also offers leasing, hire purchase, and other financial solutions to meet various financial needs. It is catering microfinance services to individuals and small businesses, offering essential financial assistance to those in need. Moreover, it provides hire purchase options to people where they easily purchase goods with the installment systems while using. The company had a net income ratio of 0.24 in 2022, 0.11 in 2023, and a projected ratio of 1.25 for 2024.

Rajath Finance Rights Issue Review

  • Avoid / Risky

Rajath Finance Rights Issue 2024 Dates & Time Table

Rights Issue Open:2024
Rights Issue Close:2024
Rights Record Date:2024
Last Date to Buy Shares:2024
Deemed Date of Allotment2024
Renunciation of Rights Entitlements2024

Rajath Finance Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹16 Crores
Price Band:₹10 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 4:1 (4 rights share for every 1 shares)
Equity:1,60,00,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Rajath Finance Rights Issue 2024 Form & How to Apply

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

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

Rajath Finance Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹0.34₹0.02₹0.24
2023₹0.33₹0.48₹0.11
2024₹0.09₹1.73₹1.25

Rajath Finance Rights Issue 2024 Allotment Status

To Be Updated Soon

Rajath Finance Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Rajath Finance Limited
1001, 10™ Floor, K. P. Aurum, Marol Maroshi Road,
Andheri (E), Mumbai, 400059, Maharastra
Phone: 022 29200027
Email: [email protected]
Website: www.fynxcapital.com

Rajath Finance Rights Issue 2024 FAQs:


When is Rajath Finance Rights Issue 2024 Record Date?

Rajath Finance Rights Issue 2024 record date is 2024.

What is Rajath Finance Rights Issue 2024 Price?

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

What is the Rajath Finance Rights Issue 2024 Ratio?

The company has fixed the ratio (4:1), 4 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Rajath Finance Rights Rights Issue 2024?

As per the record date you need to have Rajath 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.

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