MKVentures Capital Rights Issue 2023 FAQ's

₹39.97 Crores | Listing at BSE | Mon, Apr 17, 2023 - Tue, Apr 25, 2023

MKVentures Capital Limited Rights Issue Date 2026 & Price FAQs

The timetable for MKVentures Capital Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Apr 13, 2023
Last Date for renunciation of Rights EntitlementsThu, Apr 20, 2023
Issue Opening DateMon, Apr 17, 2023
Issue Closing DateTue, Apr 25, 2023
Date of Allotment (on or about)Wed, May 3, 2023
Date of Credit (on or about)Thu, May 4, 2023
Date of Listing (on or about)Mon, May 8, 2023

MKVentures Capital Rights Issue 2023 price is set at ₹936 per share. The MKVentures Capital Rights Issue 2023 opens on Mon, Apr 17, 2023, and closes on Tue, Apr 25, 2023, for the subscription.

The allotment of MKVentures Capital Rights Issue 2023 is expected to happen on or about May 3, 2023 as per the issue schedule.

MKVentures Capital Rights Issue 2023 is expected to list on or around May 8, 2023.

The credit of MKVentures Capital Rights Issue 2023 in Demat account is expected on or about May 4, 2023 as per the issue schedule.

Objects of the Issue:

The objects of the Issue are:

  1. To meet the requirements of Minimum Public Shareholding as stipulated under Rule 19 (2)(b) of the Securities Contract Regulation (Rules), 1957 read with Regulation 19A Securities Contract Regulation (Rules), 1957 and Regulation 38 of the SEBI (LODR) Regulations, 2015
  2. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities.
  3. General corporate purposes.

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