Varanium Cloud Rights Issue 2023 FAQ's

₹49.45 Crores | Listing at NSE | Thu, Sep 28, 2023 - Fri, Oct 6, 2023

Varanium Cloud Limited Rights Issue Date 2026 & Price FAQs

The timetable for Varanium Cloud Limited Rights Issue is as follows:

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsFri, Sep 29, 2023
Issue Opening DateThu, Sep 28, 2023
Issue Closing DateFri, Oct 6, 2023
Date of Allotment (on or about)Fri, Oct 6, 2023
Date of Credit (on or about)Tue, Oct 10, 2023
Date of Listing (on or about)Thu, Oct 12, 2023

Varanium Cloud Rights Issue 2023 price is set at ₹123 per share. The Varanium Cloud Rights Issue 2023 opens on Thu, Sep 28, 2023, and closes on Fri, Oct 6, 2023, for the subscription.

The allotment of Varanium Cloud Rights Issue 2023 is expected to happen on or about October 6, 2023 as per the issue schedule.

Varanium Cloud Rights Issue 2023 is expected to list on or around October 12, 2023.

The credit of Varanium Cloud Rights Issue 2023 in Demat account is expected on or about October 10, 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 augment the existing and incremental working capital requirement of the company - Hydra BPO Unit.
  2. General Corporate Purposes.

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