NHC Foods Rights Issue Details, Record Date, Issue Price, Subscription

NHC Foods Rights Issue details are released. The company plans to issue 47,22,00,000 equity shares amounting to Rs 47.42 crores. NHC Foods Rights issue price is Rs 1 per share, and the face value is Rs 1 per share.

NHC Foods Rights Issue open date is December 5, 2024 and closes on December 18, 2024. NHC Foods rights issue entitlement ratio is 4:1, which is 4 Rights equity Shares for every 1 fully paid up equity shares.

The NHC Foods Rights Issue record date is November 26, 2024. The last date to buy shares of NHC Foods is November 25, 2024. Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement, offer price, terms of payment, live subscription and bidding updates will be available soon.

NHC Foods Rights Issue Allotment date, Credit of shares date and listing date is yet to be announced. The register for the NHC Foods Rights Issue is Skyline Financial Services Private Limited.

The book-running lead managers are Finshore Management Services Limited. The listing will be at BSE, and the terms of payment are the full amount payable on the application.

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NHC Foods Rights Issue Details

NHC Foods Rights Issue plans to issue 47,22,00,000 equity shares amounting to Rs 47.42 crores. NHC Foods Rights issue price is Rs 1 per share, and the face value is Rs 1 per share. NHC Foods rights issue entitlement ratio is 4:1, which is 4 Rights equity Shares for every 1 fully paid up equity shares.

NHC Foods Rights Issue Dates

NHC Foods Rights Issue open date is December 5, 2024 and closes on December 18, 2024. The NHC Foods Rights Issue record date is November 26, 2024. The last date to buy shares of NHC Foods is November 25, 2024.

NHC Foods Rights Issue Objectives

NHC Foods Rights Issue objective is to raise funds from the existing shareholders. The funds received from this issue will be utilised for working capital requirement. Also to repay the secured loans. The remaining money will be used for general corporate purposes.

NHC Foods Rights Issue Subscription

Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement, offer price, terms of payment, live subscription and bidding updates will be available soon. 

NHC Foods Limited: About Company

NHC Foods Limited incorporated in 1992, has established itself as a prominent exporter of spices and agricultural commodities, with a strong focus on quality and sustainability. Over time, they have positioned themselves as a fast-growing entity in the spice and agro-commodities sector.

NHC Foods Limited is primarily engaged in trading a diverse range of food products. The products also include spices, food grains, oil seeds, pulses, dry fruits, and other agro-commodities.

The company is recognized for their commitment to supplying bulk quantities of these carefully selected products. They cater to the diverse needs of their esteemed customers in both domestic and international markets.

NHC Foods Limited Financials (in crore)

NHC Foods Limited reported a revenue of Rs 211.30 crore and net profit of Rs 2.35 crore. The company’s revenue increased by 28.75% and profit after tax increased by 33.65% between the FY ending with March 31, 2024 and March 31, 2023.

NHC Foods Rights Issue Registrar

NHC Foods Limited registrar is Skyline Financial Services Private Limited. The book-running lead managers are Finshore Management Services Limited. 

FAQs

1. What are the details of the NHC Foods Rights Issue?

NHC Foods Rights Issue details are released. The company plans to issue 47,22,00,000 equity shares amounting to Rs 47.42 crores. NHC Foods Rights issue price is Rs 1 per share, and the face value is Rs 1 per share.  NHC Foods rights issue entitlement ratio is 4:1, which is 4 Rights equity Shares for every 1 fully paid up equity shares. 

2. NHC Foods Rights Issue open and close date?

NHC Foods Rights Issue open date is December 5, 2024 and closes on December 18, 2024. The NHC Foods Rights Issue record date is November 26, 2024. The last date to buy shares of NHC Foods is November 25, 2024.

3. How can I apply for the NHC Foods Rights Issue?

You can apply for the Rights Issue once it opens for a subscription. Just visit the registrar's website to apply for the rights issue online.

4. What is the entitlement ratio for the NHC Foods Right Issue?

NHC Foods rights issue entitlement ratio is 4:1, which is 4 Rights equity Shares for every 1 fully paid up equity shares. 

5. How can I check the NHC Foods Issue Allotment Status?

The registrar for this upcoming rights issue is Skyline Financial Services Private Limited. Investors can check out the allotment by visiting the registrar's website.

6. What is the NHC Foods Rights Issue record date?

The NHC Foods Rights Issue record date is November 26, 2024. The last date to buy shares of NHC Foods is November 25, 2024.

7. What is the listing date of the NHC Foods Right Issue ?

NHC Foods Rights Issue listing date is yet to be announced and will be listed on the BSE.

8. Who is the registrar and lead managers of NHC Foods Right Issue?

NHC Foods Limited registrar is Skyline Financial Services Private Limited. The book-running lead managers are Finshore Management Services Limited. 

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