Jaykay Enterprises Rights Issue 2024 FAQ's

₹146.14 Crores | Listing at BSE | Tue, Aug 27, 2024 - Wed, Sep 4, 2024

Jaykay Enterprises Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Jaykay Enterprises Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Aug 22, 2024
Last Date for renunciation of Rights EntitlementsThu, Aug 29, 2024
Issue Opening DateTue, Aug 27, 2024
Issue Closing DateWed, Sep 4, 2024
Date of Allotment (on or about)Tue, Sep 10, 2024
Date of Credit (on or about)Wed, Sep 11, 2024
Date of Listing (on or about)Fri, Sep 13, 2024

Jaykay Enterprises Rights Issue 2024 price is set at ₹25 per share. The Jaykay Enterprises Rights Issue 2024 opens on Tue, Aug 27, 2024, and closes on Wed, Sep 4, 2024, for the subscription.

The allotment of Jaykay Enterprises Rights Issue 2024 is expected to happen on or about September 10, 2024 as per the issue schedule.

Jaykay Enterprises Rights Issue 2024 is expected to list on or around September 13, 2024.

The credit of Jaykay Enterprises Rights Issue 2024 in Demat account is expected on or about September 11, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from this Issue towards the following:

  1. Investment in the Wholly Owned Subsidiary JK Defence & Aerospace Limited ("JK Defence") to establish the manufacturing facility of defence-related products and repayment of loan taken by JK Defence.
  2. Investment in the Wholly Owned Subsidiary JK Digital & Advance Systems Private Limited ("JK Digital") for the purchase of 3-D Printing machinery and establishment of a Center of Excellence in 3-D Printing.
  3. General Corporate Purposes.

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