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Megasoft Rights Issue Detail
Issue Open July 22, 2021
Issue Close August 5, 2021
Issue Size (Shares) 2.95 Crores
Issue Size (Amount) ₹29.50 Crores
Issue Price ₹10 per Share
Listing At BSE, NSE

Megasoft Rights Issue Date & Price FAQs

Megasoft Rights Issue Timetable

Last Date for credit of Rights EntitlementsJuly 21, 2021
Last Date for renunciation of Rights EntitlementsJuly 30, 2021
Issue Opening DateJuly 22, 2021
Issue Closing DateAugust 5, 2021
Allotment DateAugust 13, 2021
Shares Credit DateAugust 17, 2021
Listing DateAugust 20, 2021

Megasoft Rights Issue price is set at ₹10 per Share. The Megasoft Rights Issue opens on July 22, 2021, and closes on August 5, 2021, for the subscription.

The allotment of Megasoft Rights Issue is expected to happen on or about August 13, 2021 as per the issue schedule.

Megasoft Rights Issue expected to list on or around August 20, 2021.

The credit of Megasoft Rights Issue in Demat account is expected on or about August 17, 2021 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards the below objects: 1. Reduce the overall outstanding borrowings of the Company. 2. General Corporate Purposes.

It is difficult to say at what price Megasoft Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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