Geojit Financial Services Rights Issue 2024 FAQ's

₹200.00 Crores | Listing at BSE, NSE | Tue, Oct 15, 2024 - Wed, Oct 23, 2024

Geojit Financial Services Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Geojit Financial Services Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Oct 14, 2024
Last Date for renunciation of Rights EntitlementsThu, Oct 17, 2024
Issue Opening DateTue, Oct 15, 2024
Issue Closing DateWed, Oct 23, 2024
Date of Allotment (on or about)Tue, Nov 5, 2024
Date of Credit (on or about)Fri, Nov 8, 2024
Date of Listing (on or about)Mon, Nov 11, 2024

Geojit Financial Services Rights Issue 2024 price is set at ₹50 per share. The Geojit Financial Services Rights Issue 2024 opens on Tue, Oct 15, 2024, and closes on Wed, Oct 23, 2024, for the subscription.

The allotment of Geojit Financial Services Rights Issue 2024 is expected to happen on or about November 5, 2024 as per the issue schedule.

Geojit Financial Services Rights Issue 2024 is expected to list on or around November 11, 2024.

The credit of Geojit Financial Services Rights Issue 2024 in Demat account is expected on or about November 8, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds towards the following objects:

  1. Prepayment and/or repayment of all, or a portion of, certain outstanding borrowings availed by the Company; and
  2. General corporate purposes.

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

Geojit Financial Services Rights Issue 2024 FAQs