Globe International Carriers Rights Issue 2023 FAQ's

₹23.88 Crores | Listing at NSE | Wed, Oct 4, 2023 - Thu, Oct 12, 2023

Globe International Carriers Limited Rights Issue Date 2026 & Price FAQs

The timetable for Globe International Carriers Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, Oct 9, 2023
Issue Opening DateWed, Oct 4, 2023
Issue Closing DateThu, Oct 12, 2023
Date of Allotment (on or about)Thu, Oct 19, 2023
Date of Credit (on or about)Wed, Oct 25, 2023
Date of Listing (on or about)Fri, Oct 27, 2023

Globe International Carriers Rights Issue 2023 price is set at ₹49.5 per share. The Globe International Carriers Rights Issue 2023 opens on Wed, Oct 4, 2023, and closes on Thu, Oct 12, 2023, for the subscription.

The allotment of Globe International Carriers Rights Issue 2023 is expected to happen on or about October 19, 2023 as per the issue schedule.

Globe International Carriers Rights Issue 2023 is expected to list on or around October 27, 2023.

The credit of Globe International Carriers Rights Issue 2023 in Demat account is expected on or about October 25, 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 finance the expenditure for the construction of Warehouses.
  2. To meet General corporate purposes.
  3. To meet the expenses of the Issue.

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