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Quint Digital Media Rights Issue 2022 Detail
Issue Open Jan 9, 2023
Issue Close Jan 24, 2023
Issue Size (Shares) 2.50 Crores
Issue Size (Amount) ₹125.00 Crores
Issue Price ₹50 per Share
Listing At BSE

Quint Digital Media Rights Issue 2022 Date & Price FAQs

Quint Digital Media Rights Issue 2022 Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsJan 13, 2023
Issue Opening DateJan 9, 2023
Issue Closing DateJan 24, 2023
Allotment DateJan 31, 2023
Shares Credit DateFeb 1, 2023
Listing DateFeb 3, 2023

Quint Digital Media Rights Issue 2022 price is set at ₹50 per Share. The Quint Digital Media Rights Issue 2022 opens on Jan 9, 2023, and closes on Jan 24, 2023, for the subscription.

The allotment of Quint Digital Media Rights Issue 2022 is expected to happen on or about Jan 31, 2023 as per the issue schedule.

Quint Digital Media Rights Issue 2022 listing date is Feb 3, 2023.

The credit of Quint Digital Media Rights Issue 2022 in Demat account is expected on or about Feb 1, 2023 as per the issue schedule.

The Company proposes to utilize the Net Proceeds towards funding the following Objects:

1. Towards exercise of the call option under the Quintype SHA.

2. Payment of the remaining purchase price to Mr. Raghav Bahl for acquisition of 100% shares and securities of QML in accordance with the QML SPA.

3. Payment of the remaining purchase price to RB Diversified for acquisition of 100% shares and securities of QML in accordance with the QML SPA.

4. Payment of the remaining purchase price to Mr. Raghav Bahl for acquisition of 47.92% stake in Spunklane Media in accordance with the Spunklane SPA.

5. Pre- payment / repayment of loans; and 6. General Corporate Purposes.

It is difficult to say at what price Quint Digital Media Rights Issue 2022 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 Quint Digital Media Rights Issue 2022 which could help you with questions like Quint Digital Media Rights Issue 2022 buy or not? Consider reading Quint Digital Media Rights Issue 2022 reviews and analysis from experts posted on rights issue detail page.

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