Nakoda Group Of Industries Rights Issue 2024 FAQ's

₹12.73 Crores | Listing at BSE, NSE | Thu, Jun 13, 2024 - Fri, Jun 28, 2024

Nakoda Group Of Industries Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Nakoda Group Of Industries Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Jun 10, 2024
Last Date for renunciation of Rights EntitlementsMon, Jun 24, 2024
Issue Opening DateThu, Jun 13, 2024
Issue Closing DateFri, Jun 28, 2024
Date of Allotment (on or about)Fri, Jul 5, 2024
Date of Credit (on or about)Wed, Jul 10, 2024
Date of Listing (on or about)Mon, Jul 15, 2024

Nakoda Group Of Industries Rights Issue 2024 price is set at ₹25 per share. The Nakoda Group Of Industries Rights Issue 2024 opens on Thu, Jun 13, 2024, and closes on Fri, Jun 28, 2024, for the subscription.

The allotment of Nakoda Group Of Industries Rights Issue 2024 is expected to happen on or about July 5, 2024 as per the issue schedule.

Nakoda Group Of Industries Rights Issue 2024 listing date is 2024-07-18T00:00:00.000Z.

The credit of Nakoda Group Of Industries Rights Issue 2024 in Demat account is expected on or about July 10, 2024 as per the issue schedule.

Objects of the Issue:

The company proposes to utilize the net proceeds from the Issue towards funding the following objects:

  1. To part finance working capital requirement of the company;
  2. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by us from banks and financial institutions;
  3. To meet General corporate purposes; and
  4. To meet the expenses of the Issue.

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