Gretex Corporate Services Rights Issue FAQ's

₹26.87 Crores | Listing at BSE | Wed, Aug 30, 2023 - Wed, Sep 6, 2023

Gretex Corporate Services Limited Rights Issue Date 2026 & Price FAQs

The timetable for Gretex Corporate Services Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsFri, Sep 1, 2023
Issue Opening DateWed, Aug 30, 2023
Issue Closing DateWed, Sep 6, 2023
Date of Allotment (on or about)Wed, Sep 13, 2023
Date of Credit (on or about)Thu, Sep 14, 2023
Date of Listing (on or about)Fri, Sep 15, 2023

Gretex Corporate Services Rights Issue price is set at ₹210 per share. The Gretex Corporate Services Rights Issue opens on Wed, Aug 30, 2023, and closes on Wed, Sep 6, 2023, for the subscription.

The allotment of Gretex Corporate Services Rights Issue is expected to happen on or about September 13, 2023 as per the issue schedule.

Gretex Corporate Services Rights Issue listing date is 2023-09-13T00:00:00.000Z.

The credit of Gretex Corporate Services Rights Issue in Demat account is expected on or about September 14, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the Net Right Issue Proceeds for the following Objects ("Objects of the Issue"):

a. To purchase shares from existing shareholders of associate company, "Gretex Share Broking Private Limited" and making it as subsidiary company.

b. General Corporate Purposes

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