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:

Table of Contents


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
Veer EnergyTBATBATBA₹22.5
Shrydus IndustriesJuly 18, 2024Aug 5, 2024Aug 19, 2024₹18
GACM TechnologiesJuly 16, 2024July 31, 2024Aug 14, 2024₹1
Indowind EnergyJuly 15, 2024July 26, 2024Aug 5, 2024₹22.5
Globesecure TechnologiesJuly 12, 2024July 25, 2024Aug 2, 2024₹40
Lesha IndustriesJuly 12, 2024July 22, 2024July 27, 2024₹2.8
Suraj IndustriesJuly 10, 2024July 22, 2024Aug 5, 2024₹65
SAR TeleventureJuly 9, 2024July 15, 2024July 22, 2024₹300
Inventure Growth & SecuritiesJuly 5, 2024July 15, 2024Aug 13, 2024₹2.33
Nandani CreationJuly 4, 2024July 12, 2024July 23, 2024₹30
Srestha FinvestJune 28, 2024July 4, 2024July 18, 2024₹2
Bhandari HosieryJune 19, 2024July 8, 2024July 22, 2024₹6.26
SEPCJune 25, 2024July 5, 2024July 19, 2024₹301
Mitcon ConsultancyJune 20, 2024June 28, 2024July 26, 2024₹76
SobhaJune 19, 2024June 28, 2024July 4, 2024₹1651
Kshitij PolylineJune 18, 2024June 25, 2024July 9, 2024₹6.4
Spright AgroJune 7, 2024June 24, 2024July 12, 2024₹13.4
Nakoda GroupMay 30, 2024June 13, 2024June 28, 2024₹25
Gujarat ToolRoomJune 5, 2024June 14, 2024July 12, 2024₹8
Integra EssentiaJune 1, 2024June 11, 2024June 25, 2024₹3.25
Mangalam Global EnterpriseMay 24, 2024June 3, 2024June 12, 2024₹20
VSF ProjectsMay 24, 2024June 5, 2024June 20, 2024₹50
Viji FinanceMay 15, 2024May 28, 2024June 10, 2024₹1.5
Solara Active PharmaMay 15, 2024May 28, 2024June 11, 2024₹375
Franklin IndustriesMay 12, 2024May 24, 2024June 11, 2024₹3.58
Sanginita ChemicalsMay 7, 2024May 15, 2024May 27, 2024₹18
KhoobsuratMay 3, 2024May 15, 2024May 24, 2024₹1
Savani FinancialsApril 4, 2024May 2, 2024May 10, 2024₹17.5
Orient TradelinkMay 3, 2024May 13, 2024May 24, 2024₹10
Ajooni BiotechMay 7, 2024May 15, 2024May 24, 2024₹5

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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