Gujarat Toolroom Rights Issue 2024 FAQ's

₹48.89 Crores | Listing at BSE | Fri, Jun 14, 2024 - Fri, Jul 12, 2024

Gujarat Toolroom Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Gujarat Toolroom Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsTue, Jun 11, 2024
Last Date for renunciation of Rights EntitlementsMon, Jul 8, 2024
Issue Opening DateFri, Jun 14, 2024
Issue Closing DateFri, Jul 12, 2024
Date of Allotment (on or about)Fri, Jul 19, 2024
Date of Credit (on or about)Mon, Jul 22, 2024
Date of Listing (on or about)Thu, Jul 25, 2024

Gujarat Toolroom Rights Issue 2024 price is set at ₹8 per share. The Gujarat Toolroom Rights Issue 2024 opens on Fri, Jun 14, 2024, and closes on Fri, Jul 12, 2024, for the subscription.

The allotment of Gujarat Toolroom Rights Issue 2024 is expected to happen on or about July 19, 2024 as per the issue schedule.

Gujarat Toolroom Rights Issue 2024 is expected to list on or around July 25, 2024.

The credit of Gujarat Toolroom Rights Issue 2024 in Demat account is expected on or about July 22, 2024 as per the issue schedule.

Objects of the Issue:

The company proposes to utilize the gross proceeds raised through the Issue after deducting the Issue-related expense for the below-mentioned Objects:

  1. To augment the existing and incremental working capital requirement of the company;
  2. Investment in its wholly owned subsidiary, GTL Gems DMCC for augmentation of working capital requirements for its business activities; and
  3. General Corporate Purposes.

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