GlobalSpace Technologies Rights Issue 2023 FAQ's

₹27.50 Crores | Listing at BSE | Thu, Nov 16, 2023 - Thu, Nov 23, 2023

GlobalSpace Technologies Ltd Rights Issue Date 2026 & Price FAQs

The timetable for GlobalSpace Technologies Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Nov 13, 2023
Last Date for renunciation of Rights EntitlementsMon, Nov 20, 2023
Issue Opening DateThu, Nov 16, 2023
Issue Closing DateThu, Nov 23, 2023
Date of Allotment (on or about)Thu, Nov 30, 2023
Date of Credit (on or about)Thu, Dec 7, 2023
Date of Listing (on or about)Mon, Dec 4, 2023

GlobalSpace Technologies Rights Issue 2023 price is set at ₹12 per share. The GlobalSpace Technologies Rights Issue 2023 opens on Thu, Nov 16, 2023, and closes on Thu, Nov 23, 2023, for the subscription.

The allotment of GlobalSpace Technologies Rights Issue 2023 is expected to happen on or about November 30, 2023 as per the issue schedule.

GlobalSpace Technologies Rights Issue 2023 listing date is 2023-12-07T00:00:00.000Z.

The credit of GlobalSpace Technologies Rights Issue 2023 in Demat account is expected on or about December 7, 2023 as per the issue schedule.

Objects of the Issue:

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Adjustment of Unsecured Loans against the Entitlement of the Promoters 15.44
2 Working Capital Requirements 7.00
3 General Corporate Purposes 4.75
Total 27.20

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