Naysaa Securities Limited Rights Issue (Naysaa Securities Rights Issue 2022) Detail

₹8.68 Crores | Listing at BSE | Wed, Sep 7, 2022 - Tue, Sep 13, 2022

Naysaa Securities Limited Logo

Naysaa Securities Limited Rights Issue comprises 0.0868 Cr equity shares aggregating to ₹8.68 Cr, offered at an issue price of ₹100 per share with a face value of ₹10 per share.

The record date for determining eligible shareholders is Aug 25, 2022.

As per the terms of payment, ₹100 per share payable in full at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Sep 6, 2022.

The Rights Issue opens on Sep 7, 2022, and closes on Sep 13, 2022, with renunciation of Rights Entitlements permitted up to Sep 8, 2022.

The deemed date of allotment is Sep 20, 2022, following which the equity shares are expected to be credited to demat accounts on Sep 23, 2022 and listed on the BSE on Sep 26, 2022.

Fedex Securities Pvt.Ltd. is the Lead Manager to the issue and Bigshare Services Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Naysaa Securities Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Thu, Aug 25, 2022

Entitlement Ratio

:

Open Date

Wed, Sep 7, 2022

Close Date

Tue, Sep 13, 2022

Rights Issue Details

Rights Issue Timetable

Summary of financial Information
Particulars For the year/period ended (Rs in Lakhs)
  31-Mar-22 31-Mar-21
Total Assets 604.99 1,198.73
Total Revenue 1,114.72 178.94
Profit After Tax 40.66 41.09

About Naysaa Securities Limited

Naysaa Securities Limited offers investment advisory and financial services. The company offers equity broking, equity derivatives, mutual funds, NRI offerings, fixed deposits, bonds and loans realty other ancillary services to all kinds of investors: retail, high net worth individuals, NRI and corporates. The company offer clients an integrated financial services platform.

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilised by the Company for the following objects:

1. Meeting incremental working capital requirements.

2. General corporate purposes.

Rights Issue Review

[Dilip Davda] This counter is marking trades occasionally based on a vested interest game. It hasn’t marked any trade since 25th August 2022 and thus clarity on its fair price is missing. Its financial performance too is listless as it has maintained its net profit despite growth in total income for FY22. RI is priced exorbitantly based on its financial parameters. Since BSE web has its financial data only till March 31, 2022, thus it is missing the info on its current performance trends. There is no harm in ignoring this pricy bet. Read detail review...

Company Contact Information

Naysaa Securities Limited
T102/104, Shivam Chambers,
S.V. Road, Goregaon (W),
Mumbai – 400062
Mumbai, Maharashtra, 400062

Rights Issue Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • rightsissue@bigshareonline.com
  • Visit Website

Rights Issue Lead Manager(s)

  1. Fedex Securities Pvt.Ltd.

Rights Issue FAQs

The Naysaa Securities Rights Issue 2022 opens on Wed, Sep 7, 2022, and closes on Tue, Sep 13, 2022.

Naysaa Securities Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsTue, Sep 6, 2022
Last Date for renunciation of Rights EntitlementsThu, Sep 8, 2022
Issue Opening DateWed, Sep 7, 2022
Issue Closing DateTue, Sep 13, 2022
Date of Allotment (on or about)Tue, Sep 20, 2022
Date of Credit (on or about)Fri, Sep 23, 2022
Date of Listing (on or about)Mon, Sep 26, 2022
Naysaa Securities Rights Issue 2022 price is set at ₹100 per share.
The eligible shareholders are being offered 1 Equity Shares for every 4 Equity Shares held on the Record Date (Thu, Aug 25, 2022).
The record date for the Naysaa Securities Rights Issue 2022 is Thu, Aug 25, 2022.
The issue size of Naysaa Securities Rights Issue 2022 is of 8,68,000 equity shares at ₹100 per share aggregating up to ₹8.68 Crores.
The Letter of Offer for Naysaa Securities Rights Issue 2022 can be downloaded here.

You can apply for Naysaa Securities Rights Issue 2022 in two ways:

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

Steps to apply for Naysaa Securities Rights Issue 2022 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 Naysaa Securities Rights Issue 2022 is available on the list.
  4. Click the Apply button next to the Naysaa Securities Rights Issue 2022.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Naysaa Securities Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Naysaa Securities Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

Compare: