Rapid Investments Rights Issue 2024 Date, Price, Allotment, Ratio

Rapid Investments Rights issue date is fixed, the rights issue is to open on September 26, 2024 and will close on October 10, 2024. The Rapid Investments Rights issue record date is September 18, 2024. The company is to offer 839,744 equity shares at a price of ₹100 per share. The Rapid Investments Rights issue size will be ₹8.40 Crores. The entitlement ratio is 25:39, 25 rights share for every 39 fully-paid equity shares held on the record date. Check out Rapid Investments rights issue details.

Rapid Investments Rights Issue 2024

Rapid Investments Limited was incorporated in the year 1978 as a Non-Banking Finance Company and has been doing Mortgage Loans since 2017-18. It is one of the leading players in India. They are enriching the lives of the people primarily in the unserved and unreached Semi-urban & rural markets. Presently, the company has a main branch in Rajasthan, also operating around 10 branches from different states. They also have branch expansion and loan growth plans. The company also has plan to open more branches to achieve their targeted loan growth.

Rapid Investments Rights Issue Review

  • Avoid / Risky

Rapid Investments Rights Issue 2024 Dates & Time Table

Rights Issue Open:September 26, 2024
Rights Issue Close:October 10, 2024
Rights Record Date:September 18, 2024
Last Date to Buy Shares:September 17, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsOctober 4, 2024

Rapid Investments Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹8.40 Crores
Price Band:₹100 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 25:30 (25 rights share for every 39 shares)
Equity:839,744 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Rapid Investments Rights Issue 2024 Form & How to Apply

You can apply for Rapid Investments Rights Issue 2024 in two ways:

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

Rapid Investments Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹0.50₹0.49₹0.00
2023₹0.36₹0.300.03
2024₹1.95₹1.70₹0.20

Rapid Investments 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

Rapid Investments Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Rapid Investments Ltd.
107, Turf Estate
Off Dr E Moses Road, Shakti Mill Lane
Mahalaxmi, Mumbai 400011
Phone: 9322687149
Email: [email protected]
Website: https://rapidinvestments.co.in/

Rapid Investments Rights Issue 2024 FAQs:


When is Rapid Investments Rights Issue 2024 Record Date?

Rapid Investments Rights Issue 2024 record date is September 18, 2024.

What is Rapid Investments Rights Issue 2024 Price?

The company has fixed the price at ₹100 per equity share.

What is the Rapid Investments Rights Issue 2024 Ratio?

The company has fixed the ratio (25:30), 25 Rights Equity Share for every 39 Equity Shares as on record date.

How to apply for Rapid Investments Rights Rights Issue 2024?

As per the record date you need to have Rapid Investments 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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