Shivam Autotech Rights Issue FAQ's

₹40.00 Crores | Listing at BSE, NSE | Fri, Dec 31, 2021 - Fri, Jan 28, 2022

Shivam Autotech Limited Rights Issue Date 2026 & Price FAQs

The timetable for Shivam Autotech Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Dec 30, 2021
Last Date for renunciation of Rights EntitlementsFri, Jan 21, 2022
Issue Opening DateFri, Dec 31, 2021
Issue Closing DateFri, Jan 28, 2022
Date of Allotment (on or about)Fri, Feb 4, 2022
Date of Credit (on or about)Tue, Feb 8, 2022
Date of Listing (on or about)Thu, Feb 10, 2022

Shivam Autotech Rights Issue price is set at ₹18 per share. The Shivam Autotech Rights Issue opens on Fri, Dec 31, 2021, and closes on Fri, Jan 28, 2022, for the subscription.

The allotment of Shivam Autotech Rights Issue is expected to happen on or about February 4, 2022 as per the issue schedule.

Shivam Autotech Rights Issue listing date is 2022-02-10T00:00:00.000Z.

The credit of Shivam Autotech Rights Issue in Demat account is expected on or about February 8, 2022 as per the issue schedule.

Objects of the Issue:

  • Augmenting working capital requirements of the company
  • Adjustment of unsecured loans; and
  • General corporate purposes.

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