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Sundaram Finance Holdings Rights Issue FAQ's

Sundaram Finance Holdings Rights Issue Detail
Issue Open May 6, 2021
Issue Close Jun 4, 2021
Issue Size (Shares) 7.10 Crores
Issue Size (Amount) ₹355.00 Crores
Issue Price ₹50 per Share
Listing At NSE

Sundaram Finance Holdings Rights Issue Date & Price FAQs

Sundaram Finance Holdings Rights Issue Timetable

Last Date for credit of Rights EntitlementsMay 5, 2021
Last Date for renunciation of Rights EntitlementsMay 28, 2021
Issue Opening DateMay 6, 2021
Issue Closing DateJun 4, 2021
Allotment DateJun 10, 2021
Shares Credit DateJun 11, 2021
Listing DateJun 15, 2021

Sorry, the Application Form for Sundaram Finance Holdings Rights Issue is not available at this time.

Sundaram Finance Holdings Rights Issue price is set at ₹50 per Share. The Sundaram Finance Holdings Rights Issue opens on May 6, 2021, and closes on Jun 4, 2021, for the subscription.

The allotment of Sundaram Finance Holdings Rights Issue is expected to happen on or about Jun 10, 2021 as per the issue schedule.

Sundaram Finance Holdings Rights Issue expected to list on or around Jun 15, 2021.

The credit of Sundaram Finance Holdings Rights Issue in Demat account is expected on or about Jun 11, 2021 as per the issue schedule.

The Net Proceeds from the Issue are proposed to be utilized towards: 1. Acquisition of additional shareholding in Brakes India Private Limited (BIPL) from ZF International UK Limited (ZF); and 2. General corporate purposes.

It is difficult to say at what price Sundaram Finance Holdings 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 Sundaram Finance Holdings Rights Issue which could help you with questions like Sundaram Finance Holdings Rights Issue buy or not? Consider reading Sundaram Finance Holdings Rights Issue reviews and analysis from experts posted on rights issue detail page.