Chittorgarh.com Logo
Loading...

Emerald Leasing Finance and Investment Company Limited Rights Issue (Emerald Leasing Finance Rights Issue) Detail

Mar 22, 2021 - Apr 5, 2021
Emerald Leasing Finance and Investment Company Limited Logo

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

Emerald Leasing Finance Rights Issue Detail

Issue Open Mar 22, 2021 - Apr 5, 2021
Security Name Emerald Leasing Finance and Investment Company Limited
Issue Size (Shares) 2.00 Crores
Issue Size (Amount) ₹20.00 Crores
Issue Price ₹10 per share
Face Value ₹10 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE
Terms of Payment The full amount of ₹10/- per Equity Share is payable on application.
Entitlement 42 Rights Equity Shares for every 19 fully paid-up Equity Shares held on the Record Date

Emerald Leasing Finance Rights Issue Issue Timetable

Bid/Offer Opens On Mar 22, 2021
Bid/Offer Closes On Apr 5, 2021
Record Date Jan 28, 2021
Deemed Date of Allotment Apr 20, 2021
Renunciation of Rights Entitlements Apr 1, 2021

Company Financials

Summary of financial Information (Consolidated)
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

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized to: 1. Augment the Company's capital base; and 2. Meet issue related expenses.

Emerald Leasing Finance Rights Issue Documents

Emerald Leasing Finance Rights Issue Rating

0
0.0
Rating:Rated 0.0 stars
Vote Here ...

Emerald Leasing Finance Rights Issue Reviews

Company Contact Information

Emerald Leasing Finance and Investment Company Limited
SCO 7, Industrial Area, Phase II
Chandigarh – 160002


Phone: 0172 - 4005659
Email: info@emeraldfin.com
Website: https://www.emeraldfin.com/

Emerald Leasing Finance Rights Issue Registrar

  1. MAS Services Limited
    Phone: (011) 2610 4142
    Email: info@masserv.com
    Website: http://www.masserv.com

Emerald Leasing Finance Rights Issue Lead Manager(s)


1 Comments

1. Ahm Hem  
i BUY 10,000 qty with Rs. 1.10 from my demat account before 5-6 days,
Note : since 2 days transaction is banned by bse, so, i can't buy/sell my stock, Now, what will happen for my stock holding ? please guide me.

Below is mail i got yesterday

Dear Sir/ Madam,
With regard to Right Entitlement (RE) of Emerald Leasing Finance & Investment Company Limited held by you in your demat account, it is informed that the right issue of Emerald Leasing Finance & Investment Company Limited is closing on April 20, 2021.
These REs will lapse after the Issue Closing Date unless they are:
Subscribed by making an application with requisite application money on or before the Issue Closing Date, or
Renounced on or before the Issue Closing Date.
For Central Depository Services (India) Limited,
​Authorized Signatory