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Seacoast Shipping Rights Issue 2023 Detail
Issue Open July 21, 2023
Issue Close August 2, 2023
Issue Size (Shares) 20.20 Crores
Issue Size (Amount) ₹48.48 Crores
Issue Price ₹2 per Share
Listing At BSE

Seacoast Shipping Rights Issue 2023 Date & Price FAQs

Seacoast Shipping Rights Issue 2023 Timetable

Last Date for credit of Rights EntitlementsJuly 20, 2023
Last Date for renunciation of Rights EntitlementsJuly 27, 2023
Issue Opening DateJuly 21, 2023
Issue Closing DateAugust 2, 2023
Allotment DateAugust 9, 2023
Shares Credit DateAugust 10, 2023
Listing DateAugust 14, 2023

Seacoast Shipping Rights Issue 2023 price is set at ₹2 per Share. The Seacoast Shipping Rights Issue 2023 opens on July 21, 2023, and closes on August 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 August 14, 2023.

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

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 say at what price Seacoast Shipping Rights Issue 2023 shares will list. The price depends on the demand and supply of company's shares on the day of listing.

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