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Geojit Financial Services Ltd Rights Issue (Geojit Financial Services Rights Issue 2024) Detail

October 15, 2024 - October 23, 2024
Geojit Financial Services Ltd Logo

Geojit Financial Services Ltd is an investment services company that provides an array of services, such as the distribution of mutual funds and insurance, equity and derivatives, commodities, PMS, and financial planning.

The company's multi-channel distribution network, including branches, an online portal, dedicated customer care, and phone service, caters to all client investment needs.

As of June 30, 2024, Geojit Financial has a vast network of offices with over Rs. 1,03,350 crore Assets Under Management.

The company has strong shareholders, including BNP Paribas, Mr C.J. George, KSIDC (Kerala State Industrial Development Corporation), and Rekha Rakesh Jhunjhunwala.

The company provides a wide range of trading and investment products and solutions, along with guidance from certified financial advisors, to help clients achieve their individual financial goals.

Geojit Financial Services Rights Issue 2024 Detail

Issue Open October 15, 2024 - October 23, 2024
Security Name Geojit Financial Services Ltd
Issue Size (Shares) 40,000,000
Issue Size (Amount) ₹200.00 Crores
Issue Price ₹50 per share
Face Value ₹1 per share
Listing At BSE, NSE
Terms of Payment
Entitlement 1 Rights Equity Share(s) for every 6 fully paid-up Equity Shares held on Record Date

Geojit Financial Services Rights Issue 2024 Issue Timetable

Last Date to buy sharesOctober 4, 2024
Record Date October 7, 2024
Credit of Rights Entitlements October 14, 2024
Bid/Offer Opens On October 15, 2024
Renunciation of Rights Entitlements October 17, 2024
Bid/Offer Closes On October 23, 2024
Deemed Date of Allotment November 5, 2024
Credit Date November 8, 2024
Listing Date November 11, 2024

Company Financials

Geojit Financial Services Ltd Financial Information (Restated Consolidated)

Geojit Financial Services Ltd's revenue increased by 39% and profit after tax (PAT) rose by 48% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,020.291,321.281,415.5
Revenue623.97447.63501.13
Profit After Tax143.2296.46154.42
Reserves and Surplus807.48698.55672.8
Amount in ₹ Crore

Geojit Financial Services Rights Issue 2024 Documents

Geojit Financial Services Rights Issue 2024 Rating

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Company Contact Information

Geojit Financial Services Ltd
34/659-P, Civil Line Road
Padivattom
Kochi-682024

Phone: 914842901000
Email: complaince@geojit.com
Website: https://www.geojit.com/

Geojit Financial Services Rights Issue 2024 Registrar

Geojit Financial Services Rights Issue 2024 Lead Manager(s)

Geojit Financial Services Rights Issue 2024 FAQs

The Geojit Financial Services Rights Issue 2024 opens on October 15, 2024, and closes on October 23, 2024.

Geojit Financial Services Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsOctober 14, 2024
Last Date for renunciation of Rights EntitlementsOctober 17, 2024
Issue Opening DateOctober 15, 2024
Issue Closing DateOctober 23, 2024
Date of Allotment (on or about)November 5, 2024
Date of Credit (on or about)November 8, 2024
Date of Listing (on or about)November 11, 2024

Geojit Financial Services Rights Issue 2024 price is set at ₹50 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 6 fully paid-up Equity Shares held on Record Date (October 7, 2024).

The record date for the Geojit Financial Services Rights Issue 2024 is October 7, 2024.

The issue size of Geojit Financial Services Rights Issue 2024 is of 40,000,000 equity shares at ₹50 per share aggregating upto ₹200.00 Crores.

The Letter of Offer for Geojit Financial Services Rights Issue 2024 can be download here.

You can apply for Geojit Financial Services Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Geojit Financial Services Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Geojit Financial Services Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Geojit Financial Services Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Geojit Financial Services Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Geojit Financial Services Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. Murthy   I Like It. |Report Abuse|  Link|September 28, 2024 5:04:04 PMReply
Draft Letter of offer
https://www.bseindia.com/corporates/download/8857/Rights/06_DraftLoF_BSE_20240920005211.pdf

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