Scanpoint Geomatics Rights Issue April 2024 FAQ's

₹49.40 Crores | Listing at BSE | Tue, Apr 30, 2024 - Wed, May 8, 2024

Scanpoint Geomatics Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Scanpoint Geomatics Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsMon, Apr 29, 2024
Last Date for renunciation of Rights EntitlementsThu, May 2, 2024
Issue Opening DateTue, Apr 30, 2024
Issue Closing DateWed, May 8, 2024
Date of Allotment (on or about)Thu, May 16, 2024
Date of Credit (on or about)Thu, May 23, 2024
Date of Listing (on or about)Mon, May 27, 2024

Scanpoint Geomatics Rights Issue April 2024 price is set at ₹5 per share. The Scanpoint Geomatics Rights Issue April 2024 opens on Tue, Apr 30, 2024, and closes on Wed, May 8, 2024, for the subscription.

The allotment of Scanpoint Geomatics Rights Issue April 2024 is expected to happen on or about May 16, 2024 as per the issue schedule.

Scanpoint Geomatics Rights Issue April 2024 is expected to list on or around May 27, 2024.

The credit of Scanpoint Geomatics Rights Issue April 2024 in Demat account is expected on or about May 23, 2024 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To repay, in full or in part, the identified unsecured loan availed by the company;
  2. To meet the long-term working capital requirements; and
  3. General Corporate Purposes.

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