₹8.09 Crores | Listing at BSE | Mon, Nov 3, 2025 - Mon, Nov 10, 2025
Covidh Technologies Ltd Rights Issue comprises 0.8086 Cr equity shares aggregating to ₹8.09 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Oct 24, 2025, with the Rights Issue being offered in the entitlement ratio of 25 : 1.
The term of payment is defined as following : The entire issue price shall be payable at the time of making the application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Nov 11, 2025.
The Rights Issue opens on Nov 3, 2025, and closes on Nov 10, 2025, with renunciation of Rights Entitlements permitted up to Nov 4, 2025.
The deemed date of allotment is Nov 11, 2025, following which the equity shares are expected to be credited to demat accounts on Nov 12, 2025 and listed at the BSE on Nov 13, 2025.
Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Covidh Technologies Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Oct 24, 2025
Entitlement Ratio
25 : 1
Open Date
Mon, Nov 3, 2025
Close Date
Mon, Nov 10, 2025
The entire issue price shall be payable at the time of making the application.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Total Income | 0.27 | |
| Profit After Tax | 0.14 | -0.10 |
| NET Worth | -0.10 | -0.22 |
| Reserves and Surplus | -0.42 | -0.54 |
| Amount in ₹ Crore | ||
ncorporated in 1993, Covidh Technologies Ltd is engaged in the business of software development and IT consultancy services. The company’s operations include software publishing, custom software development, web design, and technology-related consulting.
Covidh Technologies is headquartered in Hyderabad, Telangana, with its registered office located at Jubilee Hills. The company is listed on Indian stock exchanges and classified under the public limited, non-government category.
Over the years, Covidh Technologies has focused on offering technology solutions to clients across various sectors. However, in recent years, the company has reported minimal or no operational revenue and has undergone restructuring under the Insolvency and Bankruptcy Code (IBC) framework, as approved by the National Company Law Tribunal (NCLT), Hyderabad Bench.
Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
[Dilip Davda] CTL is engaged in IT segment providing all related services coupled with other services like trading in computer hardware, staffing services etc. The company has posted minuscule financial data for recent past. Based on its recent financial data and poor trading value, the issue is pricey despite being at par. Promoter’s holding is just 26.35%. Simply stay away from this pricey and dicey at par bet. Read detail review...
Covidh Technologies Rights Issue Nov 2025 got oversubscribed by 3.35 times by the end of the bidding period with total bid quantity received by BSE of 2,70,96,066 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Nov 10 2025 17:00:00 | 2,70,96,066 | 3.35x |
Covidh Technologies Ltd
B-2, Plot: 797/A, Sai Krishna Building
Road No. 36
Jubliee Hills,
Hyderabad, 500033
Skyline Financial Services Pvt.Ltd.
The Covidh Technologies Rights Issue Nov 2025 opens on Mon, Nov 3, 2025, and closes on Mon, Nov 10, 2025.
Covidh Technologies Rights Issue Nov 2025 Schedule
| Last Date for credit of Rights Entitlements | Wed, Oct 29, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Nov 4, 2025 |
| Issue Opening Date | Mon, Nov 3, 2025 |
| Issue Closing Date | Mon, Nov 10, 2025 |
| Date of Allotment (on or about) | Tue, Nov 11, 2025 |
| Date of Credit (on or about) | Wed, Nov 12, 2025 |
| Date of Listing (on or about) | Thu, Nov 13, 2025 |
You can apply for Covidh Technologies Rights Issue Nov 2025 in two ways:
Steps to apply for Covidh Technologies Rights Issue Nov 2025 using Net Banking (ASBA)
Steps to apply for Covidh Technologies Rights Issue Nov 2025 using Registrar's website (R-WAP)
