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Praxis Home Retail Ltd Rights Issue FAQ's

Praxis Home Retail Ltd Rights Issue Detail
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 Date & Price FAQs

Praxis Home Retail Ltd Rights Issue Timetable

Last Date for credit of Rights EntitlementsOct 20, 2021
Last Date for renunciation of Rights EntitlementsSep 30, 2021
Issue Opening DateSep 21, 2021
Issue Closing DateOct 5, 2021
Allotment DateOct 12, 2021
Shares Credit DateOct 13, 2021
Listing DateOct 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.

It is difficult to say at what price Praxis Home Retail Ltd Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Praxis Home Retail Ltd Rights Issue which could help you with questions like Praxis Home Retail Ltd Rights Issue buy or not? Consider reading Praxis Home Retail Ltd Rights Issue reviews and analysis from experts posted on rights issue detail page.

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