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Texmaco Rail & Engineering Rights Issue FAQ's

Texmaco Rail & Engineering Rights Issue Detail
Issue Open Nov 1, 2021
Issue Close Nov 15, 2021
Issue Size (Shares) 7.15 Crores
Issue Size (Amount) ₹164.51 Crores
Issue Price ₹23 per Share
Listing At BSE, NSE

Texmaco Rail & Engineering Rights Issue Date & Price FAQs

Texmaco Rail & Engineering Rights Issue Timetable

Last Date for credit of Rights EntitlementsOct 29, 2021
Last Date for renunciation of Rights EntitlementsNov 8, 2021
Issue Opening DateNov 1, 2021
Issue Closing DateNov 15, 2021
Allotment DateNov 23, 2021
Shares Credit DateNov 24, 2021
Listing DateNov 25, 2021

Texmaco Rail & Engineering Rights Issue price is set at ₹23 per Share. The Texmaco Rail & Engineering Rights Issue opens on Nov 1, 2021, and closes on Nov 15, 2021, for the subscription.

The allotment of Texmaco Rail & Engineering Rights Issue is expected to happen on or about Nov 23, 2021 as per the issue schedule.

Texmaco Rail & Engineering Rights Issue listing date is Nov 25, 2021.

The credit of Texmaco Rail & Engineering Rights Issue in Demat account is expected on or about Nov 24, 2021 as per the issue schedule.

The Proceeds from the Issue will be utilized towards funding of the following objects:
1. Repayment or prepayment of Inter Corporate Deposit (ICD) and unsecured loans.
2. Funding working capital requirements of our Company; and
3. General corporate purposes

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

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