Nakoda Group of Industries Rights Issue 2022 FAQ's

₹33.40 Crores | Listing at BSE, NSE | Mon, Apr 18, 2022 - Mon, May 16, 2022

Nakoda Group of Industries Limited Rights Issue Date 2026 & Price FAQs

The timetable for Nakoda Group of Industries Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Apr 8, 2022
Last Date for renunciation of Rights EntitlementsWed, Apr 27, 2022
Issue Opening DateMon, Apr 18, 2022
Issue Closing DateMon, May 16, 2022
Date of Allotment (on or about)Thu, May 12, 2022
Date of Credit (on or about)Fri, May 20, 2022
Date of Listing (on or about)Mon, May 23, 2022

Nakoda Group of Industries Rights Issue 2022 price is set at ₹120 per share. The Nakoda Group of Industries Rights Issue 2022 opens on Mon, Apr 18, 2022, and closes on Mon, May 16, 2022, for the subscription.

The allotment of Nakoda Group of Industries Rights Issue 2022 is expected to happen on or about May 12, 2022 as per the issue schedule.

Nakoda Group of Industries Rights Issue 2022 listing date is 2022-05-23T00:00:00.000Z.

The credit of Nakoda Group of Industries Rights Issue 2022 in Demat account is expected on or about May 20, 2022 as per the issue schedule.

Objects of the Issue:

The company proposes to utilize the Net Proceeds to:

  1. Repayment or prepayment, of all or a portion of certain outstanding borrowings including interest availed by the Company.
  2. To augment the existing and incremental working capital requirement of our company.
  3. General Corporate Purposes.

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