Nakoda Group of Industries Rights Issue 2023 FAQ's

₹6.36 Crores | Listing at BSE, NSE | Mon, Sep 18, 2023 - Wed, Sep 27, 2023

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 Entitlements
Last Date for renunciation of Rights EntitlementsFri, Sep 22, 2023
Issue Opening DateMon, Sep 18, 2023
Issue Closing DateWed, Sep 27, 2023
Date of Allotment (on or about)Thu, Oct 5, 2023
Date of Credit (on or about)Mon, Oct 9, 2023
Date of Listing (on or about)Wed, Oct 11, 2023

Nakoda Group of Industries Rights Issue 2023 price is set at ₹40 per share. The Nakoda Group of Industries Rights Issue 2023 opens on Mon, Sep 18, 2023, and closes on Wed, Sep 27, 2023, for the subscription.

The allotment of Nakoda Group of Industries Rights Issue 2023 is expected to happen on or about October 5, 2023 as per the issue schedule.

Nakoda Group of Industries Rights Issue 2023 listing date is 2023-10-12T00:00:00.000Z.

The credit of Nakoda Group of Industries Rights Issue 2023 in Demat account is expected on or about October 9, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To part finance the working capital requirement of the company.
  2. To meet General corporate purposes.
  3. To meet the expenses of the Issue.

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.