California Software Rights Issue Details, Record Date, Issue Price, Subscription

  • 09-Jan-2025
  • 2 mins read
California Software Rights Issue Details, Record Date

California Software Rights Issue Details, Record Date

California Software Rights Issue details were released, and California Software plans to issue 4,63,71,318 equity shares amounting to Rs 46.37 crores. California Software Rights issue price is Rs 10 per share, and the face value is Rs 10 per share. 

California Software Rights Issue open date is January 24, 2025 and closes on January 31, 2025. California Software rights issue entitlement ratio is 3:1, which is 3 Rights Equity Shares for every 1 fully paid-up Equity Share.

California Software Rights Issue record date is January 15, 2025. The last date to buy shares of California Software is January 14, 2025. Rights Issue subscription status will be available after the issue goes live.

California Software Rights Issue Allotment date is February 7, 2025, Credit date is February 13, 2025 and Listing date is February 14, 2025. The listing will be at BSE and NSE exchanges.

California Software Rights Issue book-running lead manager will be disclosed soon. The registrar for the California Software Rights Issue is Integrated Registry Management Services Private Limited.

Also Read | Camlin Fine Sciences Rights Issue Details, Record Date, Issue Price, Subscription

California Software Rights Issue Details

California Software Rights Issue details are as follows: the company plans to issue 4,63,71,318 equity shares amounting to Rs 46.37 crores. California Software Rights issue price is Rs 10 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 3:1, which is 3 Rights Equity Shares for every 1 fully paid-up equity shares.

Issue Open

January 24, 2025 - January 31, 2025

Security Name

California Software Co. Ltd.

Issue Size (Shares)

4,63,71,318

Issue Size (Amount)

Rs 46.37 Crores

Issue Price

Rs 10 per share

Face Value

Rs 10 per share

Listing At

BSE, NSE

Terms of Payment

Issue Price of Rs.10/- per share is payable as Rs.2.50 per share on Application. The remaining Rs 7.50 will be called within one or more subsequent calls by the board of the Company at its sole discretion from time to time.

Entitlement

3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date

California Software Rights Issue Dates

California Software Rights Issue open date is January 24, 2025 and closes on January 31, 2025. The California Software Rights Issue record date is January 15, 2025. The last date to buy shares of California Software is January 14, 2025.

Last Date to buy shares

January 14, 2025

Record Date

January 15, 2025

Credit of Rights Entitlements

January 21, 2025

Bid/Offer Opens On

January 24, 2025

Renunciation of Rights Entitlements

January 28, 2025

Bid/Offer Closes On

January 31, 2025

Deemed Date of Allotment

February 7, 2025

Credit Date

February 13, 2025

Listing Date

February 14, 2025

California Software Rights Issue Subscription

California Software Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date. The offer price is Rs 10 per share.

California Software Co. Limited: About the Company

California Software Co. Limited, incorporated in 1992, is one of a player in the IT services offering sector. The company offers tailored software development services and IT solutions.

California Software Co. Limited headquarters is in Chennai, India. The company focuses on delivering innovative software products and services tailored to meet diverse client needs.

With a strong emphasis on quality and customer satisfaction, California Software has built a reputation for excellence in areas such as application development, system integration, and IT consulting.

The firm actively engages in research and development to stay ahead of technological trends, ensuring that it provides cutting-edge solutions. As a publicly traded company, it is listed on the Bombay Stock Exchange (BSE), reflecting its commitment to transparency and growth in the competitive software industry.

California Software Limited Financials (in crore)

Period Ended

31 Mar 2024

31 Mar 2023

Assets

21.9

25.07

Revenue

4.28

2.76

Profit After Tax

0.62

0.22

Net Worth

12.7

12.48

Total Borrowing

8.31

6.37

California Software Rights Issue Registrar

California Software Limited's registrar is Integrated Registry Management Services Private Limited. The book-running lead manager(s) on this rights issue has not yet been disclosed. 

California Software Rights Issue FAQs

1. What are the details of the California Software Rights Issue?

California Software Rights Issue details are as follows: California Software plans to issue 4,63,71,318 equity shares amounting to Rs 46.37 crores. California Software Rights issue price is Rs 10 per share, and the face value is also Rs 10 per share. The rights issue entitlement ratio is 3:1, which is 3 Rights Equity Shares for every 1 fully paid-up equity shares.

2. California Software Rights Issue open date and close date?

California Software Rights Issue open date is January 24, 2025 and closes on January 31, 2025. The California Software Rights Issue record date is January 15, 2025. The last date to buy shares of California Software is January 14, 2025.

3. How can I apply for the California Software Rights Issue?

You can apply for California Software in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the California Software Rights Issue?

California Software's rights issue entitlement ratio is 3:1, which is 3 Rights Equity Shares for every 1 fully paid-up equity share.

5. How can I check the California Software Issue Allotment Status?

The registrar for this upcoming rights issue is Integrated Registry Management Services Private Limited. Investors can check the allotment status by visiting the registrar's here

6. From where can I get the Letter of Offer California Software Rights issue?

You can download the California Software Rights issue Letter of Offer by visiting here.

7. What is the listing date of the California Software Rights Issue?

The California Software Rights Issue listing date is February 14, 2025. The listing will be at BSE and NSE exchanges.

8. Who are the registrar and lead managers of California Software Rights Issue?

California Software Limited registrar is Integrated Registry Management Services Private Limited. However, the book-running lead manager(s) on this rights issue has not yet been disclosed.

 Also Read | What is a Rights Issue?


Close

Let's Open Free Demat Account