Savani Financials Rights Issue 2024 Date, Price, Allotment, Ratio

Savani Financials Rights issue date is fixed, the rights issue is to open on May 2, 2024 and will close on May 10. Savani Financials Right issue record date is April 4, 2024. The company is to offer 28,285,714 equity shares at a price of ₹17.5 per share. Savani Financials Rights issue size will be ₹49.50 Crores. The entitlement ratio is 7:1, 7 rights share for every 1 fully-paid equity shares held on the record date. Check out Savani Financials rights issue details.

Savani Financials Rights Issue 2024

Savani Financials Limited operates as a medium-sized Non-Banking Financial Services Company, solely dedicated to the financial services sector.

Savani Financials Rights Issue Review

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Savani Financials Rights Issue 2024 Dates & Time Table

Rights Issue Open:May 2, 2024
Rights Issue Close:May 10, 2024
Rights Record Date:April 4, 2024
Deemed Date of AllotmentMay 18, 2024
Renunciation of Rights EntitlementsMay 7, 2024

Savani Financials Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹49.50 Crores
Price Band:₹17.5 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 7:1 (7 rights share for every 1 shares)
Equity:28,285,714 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Savani Financials Rights Issue 2024 Form & How to Apply

You can apply for Savani Financials Limited Rights Issue 2024 in two ways:

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

Savani Financials Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹0.130.080.05
2022₹0.110.10₹0.02
2023₹0.110.19₹0.07

Savani Financials Rights Issue 2024 Allotment Status

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

Savani Financials Rights Issue 2024 Lead Managers

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Company Address:

Savani Financials Ltd.
602, Samarth Vaibhav Co-op Hsg Society Ltd.,
Off Link Road, Lokhandwala Complex, Andheri (W)
Mumbai-400 053
Phone: 022-69454100
Email: [email protected]
Website: http://savanifinancials.co.in/

Savani Financials Rights Issue 2024 FAQs:


When is Savani Financials Rights Issue 2024 Record Date?

Savani Financials Rights Issue 2024 record date is April 4, 2024.

What is Savani Financials Rights Issue 2024 Price?

The company has fixed the price at ₹17.5 per equity share.

What is the Savani Financials Rights Issue 2024 Ratio?

The company has fixed the ratio (7:1), 7 Rights Equity Share for every 1 Equity Shares as on record date.

How to apply for Savani Financials Rights Issue 2024?

As per the record date you need to have Savani Financials 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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