Shangar Decor Rights Issue 2024 Date, Price, Allotment, Ratio

Shangar Decor Rights issue date is fixed, the rights issue is to open on November 8, 2024 and will close on December 6, 2024. The Shangar Decor Rights issue record date is October 28, 2024. The company is to offer 85,682,800 equity shares at a price of ₹5.76 per share. The Shangar Decor Rights issue size will be ₹49.35 Crores. The entitlement ratio is 7:1, 7 rights share for every 1 fully-paid equity shares held on the record date. Check out Shangar Decor rights issue details.

Shangar Decor Rights Issue 2024

Shangar Decor Limited was founded on 16 November 1995 and started a decor service business for pre-wedding, events, weddings, corporate functions, and exhibitions reducing working capital requirements from 141 days to 45.0 days. Further, it has a strong mission of providing clients with standard services within the consumer’s budget in a limited time. They become valuable due to these services as well as financial statements. FY 2024 revenue is better (1298.91 lakhs) than 2023(965.54) along with ROE 10.7%.

Shangar Decor Rights Issue Review

  • Avoid / Risky

Shangar Decor Rights Issue 2024 Dates & Time Table

Rights Issue Open:November 8, 2024
Rights Issue Close:December 6, 2024
Rights Record Date:October 28, 2024
Last Date to Buy Shares:October 25, 2024
Deemed Date of AllotmentDecember 12, 2024
Renunciation of Rights EntitlementsNovember 29, 2024

Shangar Decor Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹49.35 Crores
Price Band:₹5.76 Per Equity Share
Face Value:₹5 Per Equity Share
Listing on:BSE
Entitlement Ratio: 7:1 (7 rights share for every 1 shares)
Equity:85,682,800 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Shangar Decor Rights Issue 2024 Form & How to Apply

You can apply for Shangar Decor Rights Issue 2024 in two ways:

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

Shangar Decor Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹6.20₹6.12₹0.05
2023₹9.67₹9.390.20
2024₹12.99₹11.93₹0.75

Shangar Decor Rights Issue 2024 Allotment Status

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query

Shangar Decor Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Shangar Decor Ltd
4 Sharad Flats
Opp-Dharnidhar,
Temple, Ahmedabad-380007
Phone: 9825023622
Email: [email protected]
Website: https://www.shangardecor.com/index.html

Shangar Decor Rights Issue 2024 FAQs:


When is Shangar Decor Rights Issue 2024 Record Date?

Shangar Decor Rights Issue 2024 record date is October 28, 2024.

What is Shangar Decor Rights Issue 2024 Price?

The company has fixed the price at ₹5.76 per equity share.

What is the Shangar Decor 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 Shangar Decor Rights Rights Issue 2024?

As per the record date you need to have Shangar Decor 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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