Sundaram Finance Holdings Rights Issue Date, How to Apply, Price, Ratio & Allotment

IPO Initial Public Offerings
Sundaram Finance Holdings rights issue to opening date is 06 May 2021 and closing on 04 June 2021. The company incorporated in 1993 and headquartered in Chennai. The Company was a wholly owned subsidiary of Sundaram Finance Limited (SFL) with the main object of engaging in the business of investments of all types, including investments in financial services enablers, ‘Fin-tech’ investments and ‘small start-up type’ (incubator) investments.
The company focused on automotive space with investment in 20 companies in that 15 companies involve in automotive manufacturing. The product ranges includes axles, axle housing, wheels and suspension, fuel injection equipment, precision aluminium cast products, iron castings, spare parts, and electrical equipment. The company provide support services like Information Technology enabled services in areas of accounting, insurance, banking, human resources, telecom, etc. and administrative, managerial, maintenance, transaction and document processing, data entry, reconciliation, training and orientation, and other support services to their Key portfolio companies and various third parties through our Subsidiary. Check out Sundaram Finance Holdings rights issue dates, price, issue size, ratio, allotment and listing details.
 
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Sundaram Finance Holdings

Sundaram Finance Holdings Rights Issue Review

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Sundaram Finance Holdings Rights Issue Date & Price Band

 Issue Open: 06 May 2021
 Issue Close: 04 June 2021
 Issue Size: Approx ₹355 Crore
 Record Date 27 April 2021
 Price Band: ₹50 Per Share
 Listing on: NSE
 Ratio:  23:49 (23 rights shares for every 49 shares)
 Equity: 7.10 Crores Equity Share

Sundaram Finance Holdings Rights Issue Allotment & Listing

 Finalization of Basis of Allotment:  10 June 2021
 Date of Allotment (ON OR ABOUT)   10 June 2021
 Credit to Demat Account:  11 June 2021
 Listing Date:  15 June 2021

Sundaram Finance Holdings Rights Issue Form & How to Apply

How to apply the Sundaram Finance Holdings Limited rights issue? You can check Sundaram Finance Holdings rights issue details on official website available. The other option you can apply Sundaram Finance Holdings rights issue via forms download on NSE Forms & BSE Forms blank forms download, fill and submit in your bank or with your broker. 

Quick Links:

Sundaram Finance Holdings Letter of Offer

Sundaram Finance Holdings Rights Issue Allotment Status

Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 – India
Phone: +91-44-28460390
Email: [email protected]
Website: https://online.cameoindia.com/

Check Sundaram Finance Holdings rights issue on Cameo website allotment URL. Click Here

Sundaram Finance Holdings Rights Issue Lead Managers

  •  JM Financial Consultants Private Limited

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IPO Grey Market Premium

Company Address:

Sundaram Finance Holdings Limited
21, Patullos Road,
Chennai – 600 002,
Tamil Nadu, India.
Phone: +91 44 2852 1181
Email: [email protected]
Website: http://www.sundaramholdings.in/

Sundaram Finance Holdings Rights Issue FAQs:

When is Sundaram Finance Holdings Rights Issue Record Date?

Sundaram Finance Holdings Rights Issue 2021 record date is 27 April 2021.

What is Sundaram Finance Holdings Rights Issue Price?

The company has fixed the price at ₹50 per share.

What is Sundaram Finance Holdings Rights Issue Ration?

The company has fixed the ratio 23 Rights Equity Share for every 49 Equity Shares. as on record date.

How to apply for Sundaram Finance Holdings Rights Issue 2021?

As per the record date you need to have Sundaram Finance Holdings shares in your demat account. You can participate in Rights Issue after having the stock in your account.

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