FREE Account Opening + No Clearing Fees
Loading...

HKG Limited Rights Issue (HKG Rights Issue) Detail

November 25, 2021 - December 10, 2021
HKG Limited Logo

HKG Limited is primarily involved in the business of trading shares and securities and majority of the company's revenue comes from this segment. The company has also started foraying into the business of creating and managing various web portals and wants to venture into the e-commerce industry.

The company has been developing - HKG Money and Mera Style web portals. HKG has also received the marketing rights for - Area Online, My RERA, and My Locker web portals.

The company's vision is to make web interface services accessible to every small business and help in their growth.

HKG Rights Issue Detail

Issue Open November 25, 2021 - December 10, 2021
Security Name HKG Limited
Issue Size (Shares) 17,500,000
Issue Size (Amount) ₹14.00 Crores
Issue Price ₹8 per share
Face Value ₹2 per share
Listing At BSE
Terms of Payment The full amount of Issue Price i.e. ₹ 8.00 is payable on application.
Entitlement 1 equity share for every 1 fully paid-up equity share held on the record date

HKG Rights Issue Issue Timetable

Record Date November 15, 2021
Credit of Rights Entitlements November 22, 2021
Bid/Offer Opens On November 25, 2021
Renunciation of Rights Entitlements December 3, 2021
Bid/Offer Closes On December 10, 2021
Deemed Date of Allotment December 22, 2021
Credit Date December 22, 2021
Listing Date December 24, 2021

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
  30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 29.27 29.89 20.80 39.66
Total Income 4.91 66.32 9.38 72.07
Profit After Tax (1.01) 7.08 (18.88) (9.04)

Objects of the Issue:

The Proceeds from the Issue will be utilized towards funding of the following objects:

  • Meeting working capital requirements and
  • General Corporate Purposes 

HKG Rights Issue Documents

HKG Rights Issue Rating

3
3.0
Rating:Rated 3.0 stars
Vote Here ...

HKG Rights Issue Reviews

Company Contact Information

HKG Limited
C Wing, Madhuban Building, Opp. Dev Nagar,
New Sai Baba Nagar, Kandivali (W),
Mumbai City, Maharashtra – 400 067, India

Phone: +91 84520 09432
Email: info@hkglimited.com
Website: https://www.hkglimited.com/

HKG Rights Issue Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

HKG Rights Issue Lead Manager(s)

HKG Rights Issue FAQs

The HKG Rights Issue opens on November 25, 2021, and closes on December 10, 2021.

HKG Rights Issue Schedule

Last Date for credit of Rights EntitlementsNovember 22, 2021
Last Date for renunciation of Rights EntitlementsDecember 3, 2021
Issue Opening DateNovember 25, 2021
Issue Closing DateDecember 10, 2021
Date of Allotment (on or about)December 22, 2021
Date of Credit (on or about)December 22, 2021
Date of Listing (on or about)December 24, 2021

HKG Rights Issue price is set at ₹8 per share per equity share.

The eligible shareholders are being offered 1 equity share for every 1 fully paid-up equity share held on the record date (November 15, 2021).

The record date for the HKG Rights Issue is November 15, 2021.

The issue size of HKG Rights Issue is of 17,500,000 equity shares at ₹8 per share aggregating upto ₹14.00 Crores.

The Letter of Offer for HKG Rights Issue can be download here.

You can apply for HKG Rights Issue in two ways:

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

Steps to apply for HKG Rights Issue 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 HKG Rights Issue available on the list.
  4. Click the Apply button next to the HKG Rights Issue.
  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 HKG Rights Issue using Registrar's website (R-WAP)

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

Compare rights issues with HKG Rights Issue