Add-Shop E-Retail Rights Issue FAQ's

₹48.90 Crores | Listing at BSE | Wed, Aug 17, 2022 - Tue, Aug 30, 2022

Add-Shop E-Retail Limited Rights Issue Date 2026 & Price FAQs

The timetable for Add-Shop E-Retail Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, Aug 16, 2022
Last Date for renunciation of Rights EntitlementsWed, Aug 24, 2022
Issue Opening DateWed, Aug 17, 2022
Issue Closing DateTue, Aug 30, 2022
Date of Allotment (on or about)Thu, Sep 8, 2022
Date of Credit (on or about)Tue, Sep 13, 2022
Date of Listing (on or about)Thu, Sep 15, 2022

Add-Shop E-Retail Rights Issue price is set at ₹54 per share. The Add-Shop E-Retail Rights Issue opens on Wed, Aug 17, 2022, and closes on Tue, Aug 30, 2022, for the subscription.

The allotment of Add-Shop E-Retail Rights Issue is expected to happen on or about September 8, 2022 as per the issue schedule.

Add-Shop E-Retail Rights Issue is expected to list on or around September 15, 2022.

The credit of Add-Shop E-Retail Rights Issue in Demat account is expected on or about September 13, 2022 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the issue proceeds toward the following objects:

  • To meet the funding of working capital requirements of the company.
  • To meet the Issue Expenses.
  • For General Corporate Expenses.

It is difficult to predict the exact listing price of Add-Shop E-Retail Limited Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Add-Shop E-Retail Limited which could help you with questions like whether to subscribe or not. Consider reading Add-Shop E-Retail Limited reviews and analysis from experts posted on the Rights Issue detail page.