₹48.86 Crores | Listing at BSE | Mon, May 16, 2022 - Fri, May 27, 2022
N.C.L. Research And Financial Services Limited Rights Issue comprises 48.86 Cr equity shares aggregating to ₹48.86 Cr, offered at an issue price of ₹1 per share with a face value of ₹1 per share.
The record date for determining eligible shareholders is May 9, 2022.
As per the terms of payment, ₹1 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on May 13, 2022.
The Rights Issue opens on May 16, 2022, and closes on May 27, 2022, with renunciation of Rights Entitlements permitted up to May 23, 2022.
The deemed date of allotment is Jun 7, 2022, following which the equity shares are expected to be credited to demat accounts on Jun 8, 2022 and listed on the BSE on Jun 10, 2022.
Inventure Merchant Banker Services Pvt.Ltd. is the Lead Manager to the issue and Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the N.C.L. Research And Financial Services Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, May 9, 2022
Entitlement Ratio
:
Open Date
Mon, May 16, 2022
Close Date
Fri, May 27, 2022
| Particulars | For the year/period ended (Rs.in Lakhs) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 6,216.52 | 6,202.19 | 6,253.06 |
| Total Income | 185.79 | 244.47 | 339.71 |
| Profit After Tax | 1.11 | 1.55 | 11.21 |
N.C.L. Research And Financial Services Limited is a Non-Deposit taking Non-Banking Financial Company (NBFC) registered with RBI. The company offers financial services such as secured, unsecured loans and lending services to Micro, Small and Medium Enterprises (MSMEs) small and medium enterprises (SMEs), and the corporate and non-corporate sector.
N.C.L. Research And Financial Services is also engaged in investing in the form of Equity in various companies, both listed and unlisted. The company's loan portfolio as of December 31, 2021, is 2,123.22 lakhs.
The objects of the Net Proceeds (as defined below) of the Issue are:
1. Augmenting the capital base of the Company.
2. General Corporate Purposes.
[Dilip Davda] The company has posted dismal financial performance for the last three fiscals. Though the RI is at par value, it is at a very high P/E based on its latest earnings. Mega post RI equity base will find difficulty in servicing the equity capital base. There is no harm in skipping this at par RI Read detail review...
N.C.L. Research And Financial Services Limited
3rd Floor, Bhagyodaya Building,
79 Nagindas Master Road,
Fort, Mumbai - 400023,
Mumbai, Maharashtra, 400023
Purva Sharegistry (India) Pvt.Ltd.
The NCL Research Rights Issue 2022 opens on Mon, May 16, 2022, and closes on Fri, May 27, 2022.
NCL Research Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | Fri, May 13, 2022 |
| Last Date for renunciation of Rights Entitlements | Mon, May 23, 2022 |
| Issue Opening Date | Mon, May 16, 2022 |
| Issue Closing Date | Fri, May 27, 2022 |
| Date of Allotment (on or about) | Tue, Jun 7, 2022 |
| Date of Credit (on or about) | Wed, Jun 8, 2022 |
| Date of Listing (on or about) | Fri, Jun 10, 2022 |
You can apply for NCL Research Rights Issue 2022 in two ways:
Steps to apply for NCL Research Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for NCL Research Rights Issue 2022 using Registrar's website (R-WAP)
