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Spencers Retail Rights Issue FAQ's

Spencers Retail Rights Issue Detail
Issue Open Aug 4, 2020
Issue Close Aug 18, 2020
Issue Size (Shares) 1.06 Crores
Issue Size (Amount) ₹79.53 Crores
Issue Price ₹75 per Share
Listing At BSE, NSE

Spencers Retail Rights Issue Date & Price FAQs

Spencers Retail Rights Issue Timetable

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights Entitlements
Issue Opening DateAug 4, 2020
Issue Closing DateAug 18, 2020
Allotment DateAug 25, 2020
Shares Credit DateAug 26, 2020
Listing DateAug 27, 2020

Spencers Retail Rights Issue price is set at ₹75 per Share. The Spencers Retail Rights Issue opens on Aug 4, 2020, and closes on Aug 18, 2020, for the subscription.

The allotment of Spencers Retail Rights Issue is expected to happen on or about Aug 25, 2020 as per the issue schedule.

Spencers Retail Rights Issue expected to list on or around Aug 27, 2020.

The credit of Spencers Retail Rights Issue in Demat account is expected on or about Aug 26, 2020 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized: 1. To meet working capital requirements; and 2. For general corporate purposes.

It is difficult to say at what price Spencers Retail Rights Issue shares will list. The price depends on the demand and supply of company's shares on the day of listing.

Sorry, we do not provide rights issue's recommendations. But we share a lot of information about Spencers Retail Rights Issue which could help you with questions like Spencers Retail Rights Issue buy or not? Consider reading Spencers Retail Rights Issue reviews and analysis from experts posted on rights issue detail page.