Moongipa Capital Finance Rights Issue FAQ's

₹15.27 Crores | Listing at BSE | Thu, Dec 12, 2024 - Fri, Dec 27, 2024

Moongipa Capital Finance Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Moongipa Capital Finance Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Dec 5, 2024
Last Date for renunciation of Rights EntitlementsMon, Dec 23, 2024
Issue Opening DateThu, Dec 12, 2024
Issue Closing DateFri, Dec 27, 2024
Date of Allotment (on or about)Tue, Dec 31, 2024
Date of Credit (on or about)Fri, Jan 3, 2025
Date of Listing (on or about)Mon, Jan 6, 2025

Moongipa Capital Finance Rights Issue price is set at ₹25 per share. The Moongipa Capital Finance Rights Issue opens on Thu, Dec 12, 2024, and closes on Fri, Dec 27, 2024, for the subscription.

The allotment of Moongipa Capital Finance Rights Issue is expected to happen on or about December 31, 2024 as per the issue schedule.

Moongipa Capital Finance Rights Issue listing date is 2025-01-08T00:00:00.000Z.

The credit of Moongipa Capital Finance Rights Issue in Demat account is expected on or about January 3, 2025 as per the issue schedule.

Objects of the Issue:

The Company intends to utilise the net proceeds from the Issue towards funding of the following objects:

  1. To augment the capital base and provide the fund requirements for increasing operational scale with respect to their NBFC activities
  2. General Corporate Purposes.

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