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| Issue Open | Sep 21, 2021 |
| Issue Close | Oct 5, 2021 |
| Issue Size (Shares) | 4.36 Crores |
| Issue Size (Amount) | ₹49.49 Crores |
| Issue Price | ₹11 per Share |
| Listing At | BSE, NSE |
Praxis Home Retail Ltd Rights Issue Timetable
| Last Date for credit of Rights Entitlements | Oct 20, 2021 |
| Last Date for renunciation of Rights Entitlements | Sep 30, 2021 |
| Issue Opening Date | Sep 21, 2021 |
| Issue Closing Date | Oct 5, 2021 |
| Allotment Date | Oct 12, 2021 |
| Shares Credit Date | Oct 13, 2021 |
| Listing Date | Oct 18, 2021 |
Praxis Home Retail Ltd Rights Issue price is set at ₹11 per Share. The Praxis Home Retail Ltd Rights Issue opens on Sep 21, 2021, and closes on Oct 5, 2021, for the subscription.
The allotment of Praxis Home Retail Ltd Rights Issue is expected to happen on or about Oct 12, 2021 as per the issue schedule.
Praxis Home Retail Ltd Rights Issue listing date is Oct 18, 2021.
The credit of Praxis Home Retail Ltd Rights Issue in Demat account is expected on or about Oct 13, 2021 as per the issue schedule.
The Net Proceeds from the Issue are proposed to be utilized to: 1. Reduce the current liabilities by repaying part of our outstanding trade payables; . 2. Repay certain unsecured loans availed by the company; and 3. General corporate purposes.
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