Advik Capital Rights Issue 2023 FAQ's

₹49.91 Crores | Listing at BSE | Mon, Sep 18, 2023 - Fri, Oct 6, 2023

Advik Capital Limited Rights Issue Date 2026 & Price FAQs

The timetable for Advik Capital Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, Sep 12, 2023
Last Date for renunciation of Rights EntitlementsTue, Sep 26, 2023
Issue Opening DateMon, Sep 18, 2023
Issue Closing DateFri, Oct 6, 2023
Date of Allotment (on or about)Wed, Oct 4, 2023
Date of Credit (on or about)Mon, Oct 9, 2023
Date of Listing (on or about)Fri, Oct 13, 2023

Advik Capital Rights Issue 2023 price is set at ₹2.4 per share. The Advik Capital Rights Issue 2023 opens on Mon, Sep 18, 2023, and closes on Fri, Oct 6, 2023, for the subscription.

The allotment of Advik Capital Rights Issue 2023 is expected to happen on or about October 4, 2023 as per the issue schedule.

Advik Capital Rights Issue 2023 is expected to list on or around October 13, 2023.

The credit of Advik Capital Rights Issue 2023 in Demat account is expected on or about October 9, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To augment their capital base and increase operational scale with respect to their NBFC activities.
  2. General Corporate Purposes.

It is difficult to predict the exact listing price of Advik Capital 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 Advik Capital Limited which could help you with questions like whether to subscribe or not. Consider reading Advik Capital Limited reviews and analysis from experts posted on the Rights Issue detail page.