Megasoft Rights Issue Detail
Issue Open Jul 22, 2021
Issue Close Aug 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 EntitlementsJul 21, 2021
Last Date for renunciation of Rights EntitlementsJul 30, 2021
Issue Opening DateJul 22, 2021
Issue Closing DateAug 5, 2021
Allotment DateAug 13, 2021
Shares Credit DateAug 17, 2021
Listing DateAug 20, 2021

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

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

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

The credit of Megasoft Rights Issue in Demat account is expected on or about Aug 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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