Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

Ridhi Synthetics Limited Rights Issue (Ridhi Synthetics Rights Issue) Detail

Dec 20, 2021 - Jan 3, 2022
Ridhi Synthetics Limited Logo

Incorporated in 1981, Ridhi Synthetics is engaged in the real estate renting business. The company has invested in properties across Mumbai, Maharashtra which they provide on lease to others to generate rental income. The company has also invested surplus funds in stocks and mutual Fund. Company's equity shares are listed on the BSE Limited.

Ridhi Synthetics Rights Issue Detail

Issue Open Dec 20, 2021 - Jan 3, 2022
Security Name Ridhi Synthetics Limited
Issue Size (Shares) 0.20 Crores
Issue Size (Amount) ₹1.96 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 Issue Price Rs. 10 per rights equity share is payable on application.
Entitlement 4 rights equity shares for every 1 fully paid-up equity shares held on the record date

Ridhi Synthetics Rights Issue Issue Timetable

Bid/Offer Opens On Dec 20, 2021
Bid/Offer Closes On Jan 3, 2022
Record Date Dec 10, 2021
Deemed Date of Allotment Jan 14, 2022
Renunciation of Rights Entitlements Dec 29, 2021

Company Financials

Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 379.22 265.25
Total Income 5.66 10.26
Profit After Tax 1.37 7.01

Objects of the Issue:

  • Meeting the working capital requirements
  • General corporate purpose

Ridhi Synthetics Rights Issue Documents

Ridhi Synthetics Rights Issue Rating

2
2.5
Rating:Rated 2.5 stars
Vote Here ...

Ridhi Synthetics Rights Issue Reviews

Company Contact Information

Ridhi Synthetics Limited
11-B, 1st Floor, Mittal Tower,
Free Press Journal Marg,
Nariman Point, Mumbai – 400021

Phone: +91-22-61155300
Email: ridhisyntheticsltd@gmail.com
Website: http://www.ridhisynthetics.com/

Ridhi Synthetics Rights Issue Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: ridhisyn.rights@linkintime.co.in
    Website: https://linkintime.co.in/

Ridhi Synthetics Rights Issue Lead Manager(s)

Ridhi Synthetics Rights Issue FAQs

The Ridhi Synthetics Rights Issue opens on Dec 20, 2021, and closes on Jan 3, 2022.

Ridhi Synthetics Rights Issue Schedule

Last Date for credit of Rights EntitlementsDec 17, 2021
Last Date for renunciation of Rights EntitlementsDec 29, 2021
Issue Opening DateDec 20, 2021
Issue Closing DateJan 3, 2022
Date of Allotment (on or about)Jan 14, 2022
Date of Credit (on or about)Jan 19, 2022
Date of Listing (on or about)Jan 25, 2022

Ridhi Synthetics Rights Issue price is set at ₹10 per share per equity share.

The eligible shareholders are being offered 4 rights equity shares for every 1 fully paid-up equity shares held on the record date (Dec 10, 2021).

The record date for the Ridhi Synthetics Rights Issue is Dec 10, 2021.

The issue size of Ridhi Synthetics Rights Issue is of 0.20 Crores equity shares at ₹10 per share aggregating upto ₹1.96 Crores.

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

You can apply for Ridhi Synthetics Rights Issue in two ways:

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

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

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

Comments

Add a public comment...