Share India Securities Rights Issue 2023 FAQ's

₹804.05 Crores | Listing at BSE, NSE | Thu, Mar 9, 2023 - Fri, Mar 17, 2023

Share India Securities Limited Rights Issue Date 2026 & Price FAQs

The timetable for Share India Securities Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Mar 3, 2023
Last Date for renunciation of Rights EntitlementsMon, Mar 13, 2023
Issue Opening DateThu, Mar 9, 2023
Issue Closing DateFri, Mar 17, 2023
Date of Allotment (on or about)Sat, Mar 25, 2023
Date of Credit (on or about)Fri, Mar 31, 2023
Date of Listing (on or about)Tue, Apr 4, 2023

Share India Securities Rights Issue 2023 price is set at ₹700 per share. The Share India Securities Rights Issue 2023 opens on Thu, Mar 9, 2023, and closes on Fri, Mar 17, 2023, for the subscription.

The allotment of Share India Securities Rights Issue 2023 is expected to happen on or about March 25, 2023 as per the issue schedule.

Share India Securities Rights Issue 2023 is expected to list on or around April 4, 2023.

The credit of Share India Securities Rights Issue 2023 in Demat account is expected on or about March 31, 2023 as per the issue schedule.

Objects of the Issue:

The proceeds from the Issue are proposed to be utilized by the company towards the following Objects:

  1. To augment the margin deposited with various stock exchanges and provide permissible funding to clients;
  2. General corporate purposes.

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