Advik Capital Rights Issue FAQ's

₹49.68 Crores | Listing at BSE | Mon, Mar 21, 2022 - Thu, Apr 7, 2022

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, Mar 15, 2022
Last Date for renunciation of Rights EntitlementsFri, Apr 1, 2022
Issue Opening DateMon, Mar 21, 2022
Issue Closing DateThu, Apr 7, 2022
Date of Allotment (on or about)Tue, Apr 19, 2022
Date of Credit (on or about)Fri, Apr 22, 2022
Date of Listing (on or about)Tue, Apr 26, 2022

Advik Capital Rights Issue price is set at ₹2.85 per share. The Advik Capital Rights Issue opens on Mon, Mar 21, 2022, and closes on Thu, Apr 7, 2022, for the subscription.

The allotment of Advik Capital Rights Issue is expected to happen on or about April 19, 2022 as per the issue schedule.

Advik Capital Rights Issue listing date is 2022-04-26T00:00:00.000Z.

The credit of Advik Capital Rights Issue in Demat account is expected on or about April 22, 2022 as per the issue schedule.

Objects of the Issue:

The right issue proceed will be used for the following purposes;
  1. Meet working capital requirements.
  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.