GTT Data Solutions Rights Issue Details, Record Date, Issue Price, Subscription

  • 13-Jan-2025
  • 2 mins read
GTT Data Solutions Rights Issue

GTT Data Solutions Rights Issue Details, Issue Price

GTT Data Solutions Rights Issue details released. The company plans to issue 1,91,61,915 equity shares amounting to Rs 49.82 crores. GTT Data Solutions Rights issue price is Rs 26 per share, and the face value is Rs 10 per share. 

GTT Data Solutions Rights Issue open date is January 27, 2025 and close date is February 4 2025. GTT Data Solutions rights issue entitlement ratio is 1:1, which is 1 Rights Equity Share for every 1 fully paid-up Equity Share.

GTT Data Solutions Rights Issue record date is January 14, 2025. The last date to buy shares of GTT Data Solutions is January 13, 2025. Rights Issue subscription status will be available after the issue goes live.

GTT Data Solutions Rights Issue Allotment date, Credit date and Listing date will be available soon. However, the listing will be at BSE.

GTT Data Solutions Rights Issue book-running lead manager details are not yet available. The registrar for the GTT Data Solutions rights Issue is Mcs Share Transfer Agent Limited.

Also Read | California Software Rights Issue Details, Record Date, Issue Price, Subscription

GTT Data Solutions Rights Issue Details

GTT Data Solutions Rights Issue details are as follows: the company plans to issue 1,91,61,915 equity shares amounting to Rs 49.82 crores. GTT Data Solutions Rights issue price is Rs 26 per share. The rights issue entitlement ratio is 1:1, which is 1 Rights Equity Share for every 1 fully paid-up equity share(s).

Issue Open

January 27, 2025 - February 4, 2025

Security Name

GTT Data Solutions

Issue Size (Shares)

1,91,61,915

Issue Size (Amount)

Rs 49.82 Crores

Issue Price

Rs 26 per share

Face Value

Rs 10 per share

Listing At

BSE

Terms of Payment

Issue Price of Rs. 26/- per share is payable as Rs.6.50 per share on Application. The remaining Rs.19.50 will be called within one or more subsequent calls by the board of the Company at its sole discretion from time to time.

Entitlement

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

GTT Data Solutions Rights Issue Dates

GTT Data Solutions Rights Issue record date is January 14, 2025. The last date to buy shares of GTT Data Solutions is January 13, 2025.

Last Date to buy shares

January 13, 2025

Record Date

January 14, 2025

Credit of Rights Entitlements

January 17, 2025

Bid/Offer Opens On

January 27, 2025

Renunciation of Rights Entitlements

January 30, 2025

Bid/Offer Closes On

February 4, 2025

Deemed Date of Allotment

February 11, 2025

Credit Date

February 17, 2025

Yet to be Announced

February 21, 2025

GTT Data Solutions Rights Issue Subscription

GTT Data Solutions Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 1 Rights Equity Share(s) for every 1 fully paid-up Equity Share(s) held on Record Date. The offer price is Rs 26 per share.

GTT Data Solutions Limited: About the Company

GTT Data Solutions Limited, established in 1986, is one of the key players in the media and entertainment sector, primarily focusing on data solutions and information technology services. 

Founded as Cinerad Communications Private Limited, the company underwent a name change to GTT Data Solutions Limited on November 7, 2024.

GTT is headquartered in Pune, India; GTT Data Solutions specializes in delivering innovative solutions that address complex business challenges, leveraging advanced technologies like AI to enhance operational efficiency.

Holding a market cap of approximately Rs 3.155 billion, GTT Data Solutions is listed on the Bombay Stock Exchange under the ticker 530457.

GTT Data Solutions Limited Financials (in crore)

Period Ended

31 Mar 2024

Assets

24.97

Revenue

15.14

Profit After Tax

-0.71

GTT Data Solutions Rights Issue Registrar

GTT Data Solutions Limited's registrar is Mcs Share Transfer Agent Limited. The book-running lead manager(s) on this rights issue has not yet been disclosed. 

FAQs

1. What are the details of the GTT Data Solutions Rights Issue?

GTT Data Solutions Rights Issue details are as follows: GTT Data Solutions plans to issue 1,91,61,915 equity shares amounting to Rs 49.82 crores. GTT Data Solutions Rights issue price is Rs 26 per share, and the face value is also Rs 10 per share. The rights issue entitlement ratio is 1:1, which is 1 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

2. GTT Data Solutions Rights Issue open date and close date?

GTT Data Solutions Rights Issue open date is January 27, 2025 and close date is February 4 2025. GTT Data Solutions Rights Issue record date is January 14, 2025. The last date to buy shares of GTT Data Solutions is January 13, 2025.

3. How can I apply for the GTT Data Solutions Rights Issue?

You can apply for GTT Data Solutions 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 GTT Data Solutions Rights Issue?

GTT Data Solutions's rights issue entitlement ratio is 1:1, which is 1 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

5. How can I check the GTT Data Solutions Issue Allotment Status?

The registrar for this upcoming rights issue is Mcs Share Transfer Agent Limited. Investors can check the allotment status by visiting the registrar's here

6. From where can I get the Letter of Offer GTT Data Solutions Rights issue?

You can download the GTT Data Solutions Rights issue Letter of Offer by visiting here.

7. What is the listing date of the GTT Data Solutions Rights Issue?

The GTT Data Solutions Rights Issue listing date will be available soon. However, the listing will be at BSE.

8. Who are the registrar and lead managers of GTT Data Solutions Rights Issue?

GTT Data Solutions Limited registrar is Mcs Share Transfer Agent Limited. Whereas, the book-running lead manager(s) of this rights issue has not yet been disclosed.

 Also Read | What is a Rights Issue?


Close

Let's Open Free Demat Account