Mangalam Industrial Finance Rights Issue 2024 FAQ's

₹48.94 Crores | Listing at BSE | Mon, Feb 12, 2024 - Tue, Mar 12, 2024

Mangalam Industrial Finance Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Mangalam Industrial Finance Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Feb 5, 2024
Last Date for renunciation of Rights EntitlementsTue, Feb 20, 2024
Issue Opening DateMon, Feb 12, 2024
Issue Closing DateTue, Mar 12, 2024
Date of Allotment (on or about)Wed, Mar 6, 2024
Date of Credit (on or about)Mon, Mar 11, 2024
Date of Listing (on or about)Wed, Mar 13, 2024

Mangalam Industrial Finance Rights Issue 2024 price is set at ₹3.95 per share. The Mangalam Industrial Finance Rights Issue 2024 opens on Mon, Feb 12, 2024, and closes on Tue, Mar 12, 2024, for the subscription.

The allotment of Mangalam Industrial Finance Rights Issue 2024 is expected to happen on or about March 6, 2024 as per the issue schedule.

Mangalam Industrial Finance Rights Issue 2024 is expected to list on or around March 13, 2024.

The credit of Mangalam Industrial Finance Rights Issue 2024 in Demat account is expected on or about March 11, 2024 as per the issue schedule.

Objects of the Issue:

The company proposes to utilize the Net Proceeds towards funding the following Objects:

  1. To augment the capital base and provide for the fund requirements for increasing the operational scale of its NBFC activities; and
  2. General Corporate Purposes.

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