₹20.00 Crores | Listing at BSE | Mon, Mar 22, 2021 - Mon, Apr 5, 2021
Emerald Leasing Finance and Investment Company Limited Rights Issue comprises 2.00 Cr equity shares aggregating to ₹20.00 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Jan 28, 2021.
As per the terms of payment, ₹10 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Mar 11, 2021.
The Rights Issue opens on Mar 22, 2021 and closes on Apr 5, 2021.
The deemed date of allotment is Apr 20, 2021, following which the equity shares are expected to be credited to demat accounts on Apr 22, 2021 and listed on the BSE on Apr 26, 2021.
Keynote Financial Services Ltd. is the Lead Manager to the issue and MAS Services Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Emerald Leasing Finance and Investment Company Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Jan 28, 2021
Entitlement Ratio
:
Open Date
Mon, Mar 22, 2021
Close Date
Mon, Apr 5, 2021
| Particulars | For the year/period ended (Rs. in Lakhs) | ||
|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 1,956.55 | 1,609.27 | |
| Total Income | 786.78 | 671.93 | |
| Profit After Tax | 129.04 | 118.48 | |
Emerald Leasing Finance & Investment Company Limited is a Non-Deposit taking Non-Banking Financial Company (NBFC-ND) registered with RBI to carry on NBFI activities. As a Non-Banking Financial Company (NBFC) the company provides financial services focussing on micro, small and medium enterprises (“MSMEs”) and retail customers. Their business model revolves around lending activities (granting loans & advances).
The Company also helps in facilitating finance through other banks and NBFCs. Through their Subsidiary Company, they also act as a Direct Selling Agent for various Banks and NBFCs.
Emerald Leasing Finance & Investment Company Limited offers the following financial products;
(i) Short-term financing
(ii) MSME Loans
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Emerald Leasing Finance and Investment Company Limited
SCO 7, Industrial Area, Phase II
Chandigarh – 160002
The Emerald Leasing Finance Rights Issue opens on Mon, Mar 22, 2021, and closes on Mon, Apr 5, 2021.
Emerald Leasing Finance Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Thu, Mar 11, 2021 |
| Last Date for renunciation of Rights Entitlements | Thu, Apr 1, 2021 |
| Issue Opening Date | Mon, Mar 22, 2021 |
| Issue Closing Date | Mon, Apr 5, 2021 |
| Date of Allotment (on or about) | Tue, Apr 20, 2021 |
| Date of Credit (on or about) | Thu, Apr 22, 2021 |
| Date of Listing (on or about) | Mon, Apr 26, 2021 |
You can apply for Emerald Leasing Finance Rights Issue in two ways:
Steps to apply for Emerald Leasing Finance Rights Issue using Net Banking (ASBA)
Steps to apply for Emerald Leasing Finance Rights Issue using Registrar's website (R-WAP)
