Sobha Rights Issues 2024 FAQ's

₹2,000.00 Crores | Listing at BSE, NSE | Fri, Jun 28, 2024 - Thu, Jul 4, 2024

Sobha Limited Rights Issue Date 2026 & Price FAQs

The timetable for Sobha Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsThu, Jun 27, 2024
Last Date for renunciation of Rights EntitlementsMon, Jul 1, 2024
Issue Opening DateFri, Jun 28, 2024
Issue Closing DateThu, Jul 4, 2024
Date of Allotment (on or about)Fri, Jul 12, 2024
Date of Credit (on or about)Mon, Jul 15, 2024
Date of Listing (on or about)Tue, Jul 16, 2024

Sobha Rights Issues 2024 price is set at ₹1651 per share. The Sobha Rights Issues 2024 opens on Fri, Jun 28, 2024, and closes on Thu, Jul 4, 2024, for the subscription.

The allotment of Sobha Rights Issues 2024 is expected to happen on or about July 12, 2024 as per the issue schedule.

Sobha Rights Issues 2024 listing date is 2024-07-22T00:00:00.000Z.

The credit of Sobha Rights Issues 2024 in Demat account is expected on or about July 15, 2024 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Repayment or prepayment, in full or in part, of certain borrowings availed by the Company;
  2. Funding certain project-related expenses for Ongoing Projects and Forthcoming Projects;
  3. Purchase of equipment and machinery; and
  4. Funding acquisition of unidentified land parcels and general corporate purposes.

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