Seacoast Shipping Rights Issue 2023 FAQ's

₹48.48 Crores | Listing at BSE | Fri, Jul 21, 2023 - Wed, Aug 2, 2023

Seacoast Shipping Services Ltd Rights Issue Date 2026 & Price FAQs

The timetable for Seacoast Shipping Services Ltd Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Jul 20, 2023
Last Date for renunciation of Rights EntitlementsThu, Jul 27, 2023
Issue Opening DateFri, Jul 21, 2023
Issue Closing DateWed, Aug 2, 2023
Date of Allotment (on or about)Wed, Aug 9, 2023
Date of Credit (on or about)Thu, Aug 10, 2023
Date of Listing (on or about)Mon, Aug 14, 2023

Seacoast Shipping Rights Issue 2023 price is set at ₹2.4 per share. The Seacoast Shipping Rights Issue 2023 opens on Fri, Jul 21, 2023, and closes on Wed, Aug 2, 2023, for the subscription.

The allotment of Seacoast Shipping Rights Issue 2023 is expected to happen on or about August 9, 2023 as per the issue schedule.

Seacoast Shipping Rights Issue 2023 listing date is 2023-08-17T00:00:00.000Z.

The credit of Seacoast Shipping Rights Issue 2023 in Demat account is expected on or about August 10, 2023 as per the issue schedule.

Objects of the Issue:

The Company proposes to utilize the net proceeds from the issue towards funding the following objects:

  1. Working capital requirement
  2. General Corporate Purpose
  3. To meet Issue Expenses

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