Shree Rama Multi-Tech Rights Issue 2023 FAQ's

₹63.00 Crores | Listing at BSE, NSE | Mon, Jun 12, 2023 - Mon, Jun 26, 2023

Shree Rama Multi-Tech Limited Rights Issue Date 2026 & Price FAQs

The timetable for Shree Rama Multi-Tech Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsWed, Jun 21, 2023
Issue Opening DateMon, Jun 12, 2023
Issue Closing DateMon, Jun 26, 2023
Date of Allotment (on or about)Mon, Jul 10, 2023
Date of Credit (on or about)Wed, Jul 12, 2023
Date of Listing (on or about)Thu, Jul 13, 2023

Shree Rama Multi-Tech Rights Issue 2023 price is set at ₹9 per share. The Shree Rama Multi-Tech Rights Issue 2023 opens on Mon, Jun 12, 2023, and closes on Mon, Jun 26, 2023, for the subscription.

The allotment of Shree Rama Multi-Tech Rights Issue 2023 is expected to happen on or about July 10, 2023 as per the issue schedule.

Shree Rama Multi-Tech Rights Issue 2023 listing date is 2023-07-10T00:00:00.000Z.

The credit of Shree Rama Multi-Tech Rights Issue 2023 in Demat account is expected on or about July 12, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds raised through the issue towards the following objects:
a. Repayment of certain outstanding borrowings including redemption of non-convertible debentures; and
b. General corporate purposes.

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