Satin creditcare Rights Issue FAQ's

₹119.90 Crores | Listing at BSE, NSE | Wed, Aug 12, 2020 - Wed, Aug 26, 2020

Satin Creditcare Network Limited Rights Issue Date 2026 & Price FAQs

The timetable for Satin Creditcare Network Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateWed, Aug 12, 2020
Issue Closing DateWed, Aug 26, 2020
Date of Allotment (on or about)Mon, Sep 7, 2020
Date of Credit (on or about)Tue, Sep 8, 2020
Date of Listing (on or about)Fri, Sep 11, 2020

Satin creditcare Rights Issue price is set at ₹60 per share. The Satin creditcare Rights Issue opens on Wed, Aug 12, 2020, and closes on Wed, Aug 26, 2020, for the subscription.

The allotment of Satin creditcare Rights Issue is expected to happen on or about September 7, 2020 as per the issue schedule.

Satin creditcare Rights Issue is expected to list on or around September 11, 2020.

The credit of Satin creditcare Rights Issue in Demat account is expected on or about September 8, 2020 as per the issue schedule.

Objects of the Issue:

The Net proceeds from the rights issue are to be utilized: 1) To increase the capital base of the Company to meet future capital requirements and funding requirements for growth of Company's business and operations. 2) For general corporate purposes.

It is difficult to predict the exact listing price of Satin Creditcare Network 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 Satin Creditcare Network Limited which could help you with questions like whether to subscribe or not. Consider reading Satin Creditcare Network Limited reviews and analysis from experts posted on the Rights Issue detail page.