Srestha Finvest Rights Issue 2024 Date, Price, Allotment, Ratio

Srestha Finvest Rights issue date is fixed, the rights issue is to open on July 4 and will close on July 18, 2024. The Srestha Finvest Rights issue record date is June 24, 2024. The company is to offer 240,000,000 equity shares at a price of ₹2 per share. The Srestha Finvest Rights issue size will be ₹48 Crores. The entitlement ratio is 12:29, 12 rights share for every 29 fully-paid equity shares held on the record date. Check out Srestha Finvest rights issue details.

Srestha Finvest Rights issue

Table of Contents


Srestha Finvest Limited, headquartered in Chennai, Tamil Nadu, specializes in lending money against securities, movable and immovable properties, finance, hire purchase, and leasing. Its shares are listed on the Bombay Stock Exchange Limited and Metropolitan Stock Exchange Ltd. Registered as a Category ‘B’ NBFC by the Reserve Bank of India, Srestha Finvest refrains from accepting public deposits and does not maintain any subsidiary companies.

Srestha Finvest Rights Issue Review

  • Avoid / Risky

Srestha Finvest Rights Issue 2024 Dates & Time Table

Rights Issue Open:July 4, 2024
Rights Issue Close:July 18, 2024
Rights Record Date:June 28, 2024
Last Date to buy shares:June 21, 2024
Deemed Date of AllotmentJ2024
Renunciation of Rights Entitlements2024

Srestha Finvest Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹48 Crores
Price Band:₹2 Per Equity Share
Face Value:₹2 Per Equity Share
Listing on:BSE
Entitlement Ratio: 12:29 (12 rights share for every 29 shares)
Equity:240,000,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Srestha Finvest Rights Issue 2024 Form & How to Apply

You can apply for Srestha Finvest Rights Issue 2024 in two ways:

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

Srestha Finvest Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹4.73₹5.420.54
2022₹2.31₹2.330.04
2023₹2.75₹7.424.97
2024₹12.82₹10.951.74

Srestha Finvest Rights Issue 2024 Allotment Status

To Be Updated Soon

Srestha Finvest Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Srestha Finvest Ltd
Door No.19&20, General Muthiah Mudali Street
Sowcarpet,
Chennai – 600003
Phone: 044-40057044
Email: [email protected]
Website: https://www.srestha.co.in/

Srestha Finvest Rights Issue 2024 FAQs:


When is Srestha Finvest Rights Issue 2024 Record Date?

Srestha Finvest Rights Issue 2024 record date is June 24, 2024.

What is Srestha Finvest Rights Issue 2024 Price?

The company has fixed the price at ₹48 per equity share.

What is the Srestha Finvest Rights Issue 2024 Ratio?

The company has fixed the ratio (12:29), 12 Rights Equity Share for every 29 Equity Shares as on record date.

How to apply for Srestha Finvest Rights Rights Issue 2024?

As per the record date you need to have Srestha Finvest 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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