Rights Issue 2024, Upcoming Rights Issue in India with Date & Price

The listed companies send invitations to their existing shareholders to buy the additional shares at a discounted price. It's not as we know the IPO process but it's available only for the existing shareholders to participate in the rights issue in the given time period. Here is the list of upcoming and active rights issue companies list given below:

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Upcoming Rights Issue 2024

Here is the list of recent Rights Issue 2024 offers. Stay tuned for the latest Rights Issue 2024 offers and stay invested in the primary market.


CompanyRecord
Date
Issue
Open
Issue
Close
Issue
Price
Valencia NutritionMar 7, 2024Mar 15, 2024Mar 22, 2024₹26
Dipna PharmachemFeb 12, 2024TBATBA₹10
Affordable Robotic & AutomationFeb 12, 2024Feb 26, 2024Feb 27, 2024₹450
Yarn SyndicateJan 24, 2024Feb 6, 2024Feb 21, 2024₹27
Quest Softech (India) LimitedJan 8, 2024Feb 2, 2024Feb 2, 2024₹30
Mangalam Industrial FinanceJan 29, 2024Feb 12, 2024Feb 26, 2024₹3.95
Nagreeka ExportsJan 29, 2024Feb 12, 2024Feb 23, 2024₹20
Magnum VenturesJan 25, 2024Feb 7, 2024Feb 21, 2024₹54
Shree Ajit Pulp and PaperJan 18, 2024Jan 30, 2024Feb 20, 2024₹80
Genpharmasec LimitedJan 9, 2024Jan 23, 2024Feb 13, 2024₹1.75
Adroit InfotechJan 19, 2024Feb 7, 2024Feb 16, 2024₹15
Indiabulls Housing FinanceFeb 1, 2024Feb 7, 2024Feb 13, 2024₹150
Indian Infotech And SoftwareJan 29, 2024Feb 6, 2024Feb 13, 2024₹1.60

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Why do Companies come up with Rights Issues?

The companies come up with a rights issue to give a benefit to their existing shareholders. It helps the shareholders to get extra shares by participating in the rights issue process. The company offers a good discount so that the shareholders participate in the rights issue, which will be calculated as per the rights issue ratio finalized by the company in the offer.

An Example of Rights Issue Offer:

Let’s say Reliance Industries comes up with the right issue at a price of ₹2000 against the current share price of ₹2400 it means the shareholders can acquire the shares at ₹400 discounted price. The company’s final ratio of around 1:3 implies the company will offer 1 equity share against 3 equity shares held by the shareholders. So before participating in the rights issue offer please read the details carefully. It is easy to understand.

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