Syschem India Rights Issue 2023 FAQ's

₹31.89 Crores | Listing at BSE | Mon, Oct 16, 2023 - Fri, Oct 27, 2023

Syschem (India) Limited Rights Issue Date 2026 & Price FAQs

The timetable for Syschem (India) Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMon, Oct 23, 2023
Issue Opening DateMon, Oct 16, 2023
Issue Closing DateFri, Oct 27, 2023
Date of Allotment (on or about)Sat, Nov 4, 2023
Date of Credit (on or about)Wed, Nov 8, 2023
Date of Listing (on or about)Mon, Nov 13, 2023

Syschem India Rights Issue 2023 price is set at ₹40 per share. The Syschem India Rights Issue 2023 opens on Mon, Oct 16, 2023, and closes on Fri, Oct 27, 2023, for the subscription.

The allotment of Syschem India Rights Issue 2023 is expected to happen on or about November 4, 2023 as per the issue schedule.

Syschem India Rights Issue 2023 listing date is 2023-11-10T00:00:00.000Z.

The credit of Syschem India Rights Issue 2023 in Demat account is expected on or about November 8, 2023 as per the issue schedule.

Objects of the Issue:

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To Expand the existing manufacturing facility for manufacturing of Amoxicillin and Cephalexin at unit located at Village Bargodam, Tehsil Kalka, Dist Panchkula, Haryana.
  2. Working capital requirements.
  3. General Corporate Purposes and Issue Expenses.

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