Visagar Financial Services Rights Issue 2022 FAQ's

₹49.74 Crores | Listing at BSE | Thu, Jan 12, 2023 - Fri, Feb 10, 2023

Visagar Financial Services Limited Rights Issue Date 2026 & Price FAQs

The timetable for Visagar Financial Services Limited Rights Issue is as follows:

Last Date for credit of Rights EntitlementsWed, Jan 11, 2023
Last Date for renunciation of Rights EntitlementsWed, Jan 25, 2023
Issue Opening DateThu, Jan 12, 2023
Issue Closing DateFri, Feb 10, 2023
Date of Allotment (on or about)Wed, Feb 15, 2023
Date of Credit (on or about)Thu, Feb 16, 2023
Date of Listing (on or about)Wed, Mar 1, 2023

Visagar Financial Services Rights Issue 2022 price is set at ₹1 per share. The Visagar Financial Services Rights Issue 2022 opens on Thu, Jan 12, 2023, and closes on Fri, Feb 10, 2023, for the subscription.

The allotment of Visagar Financial Services Rights Issue 2022 is expected to happen on or about February 15, 2023 as per the issue schedule.

Visagar Financial Services Rights Issue 2022 listing date is 2023-03-01T00:00:00.000Z.

The credit of Visagar Financial Services Rights Issue 2022 in Demat account is expected on or about February 16, 2023 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the proceeds of the Issue towards the following objects:

  1. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities; and
  2. General corporate purposes

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