Rajath Finance Rights Issue Details, Record Date, Issue Price, Subscription

Rajath Finance Rights Issue details are now available. The company plans to issue 1,60,00,000 equity shares amounting to Rs 16 crores. Rajath Finance Rights issue price is Rs 10 per share, and the face value is Rs 10 per share.

Rajath Finance Rights Issue open date is March 4, 2025 and closing date is March 18, 2025. Rajath Finance rights issue entitlement ratio is 4:1, which is 4 Rights Equity Share for every 1 fully paid-up Equity Share held on record date.

Rajath Finance Rights Issue record date is February 21, 2025. The last date to buy shares of Rajath Finance is February 20, 2025. Rights Issue subscription status will be available after the issue goes live.

Rajath Finance Rights Issue Allotment date, Credit date and Listing date will be available soon. However, the listing will be at BSE platform.

Rajath Finance Rights Issue book-running lead manager is Bonanza Portfolio Limited. The registrar for the Rajath Finance rights Issue is Link Intime India Private Limited.

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Rajath Finance Rights Issue Details

Rajath Finance Rights Issue details are as follows: the company plans to issue 1,60,00,000 equity shares amounting to Rs 16 crores. Rajath Finance Rights issue price is Rs 16 per share. The rights issue entitlement ratio is 4:1, which is 4 Rights Equity Shares for every 1 fully paid-up equity share(s).

Rajath Finance Rights Issue Dates

Rajath Finance Rights Issue record date is February 21, 2025. The last date to buy shares of Rajath Finance is February 20, 2025.

Rajath Finance Rights Issue Subscription

Rajath Finance Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 4 Rights Equity Share(s) for every 1 fully paid-up Equity Share(s) held on Record Date. The offer price is Rs 16 per share.

Rajath Finance Limited: About the Company

Rajath Finance Limited is a non-banking financial institution (NBFC) in India established in 1984. Rajath Finance offers various financial services which includes loans, leasing, and hire purchase activities. Over the years, Rajath Finance has developed a niche in the financial sector, catering to diverse customer needs.

Despite facing challenges such as fluctuating sales growth and a low return on equity, Rajath Finance remains committed to enhancing its service offerings and maintaining regulatory compliance. The company is listed on the Bombay Stock Exchange under the symbol 507962 and has a market capitalization of approximately Rs 11.7 crores. With a focus on customer satisfaction and strategic financial solutions, Rajath Finance aims to strengthen its position within the competitive landscape of non-banking finance companies in India.

Rajath Finance Limited Financials (in crore)

Rajath Finance Rights Issue Registrar

Rajath Finance Limited's registrar is Link Intime India Private Limited. The book-running lead manager(s) on this rights issue is Bonanza Portfolio Limited. 

FAQs

1. What are the details of the Rajath Finance Rights Issue?

Rajath Finance Rights Issue details are as follows: Rajath Finance plans to issue 1,60,00,000 equity shares amounting to Rs 16 crores. Rajath Finance Rights issue price is Rs 10 per share, and the face value is also Rs 10 per share. The rights issue entitlement ratio is 4:1, which is 4 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

2. Rajath Finance Rights Issue open date and close date?

Rajath Finance Rights Issue's open date is March 4, 2025, and the closing date is March 18, 2025. Rajath Finance Rights Issue record date is February 21, 2025. The last date to buy shares of Rajath Finance is February 20, 2025.

3. How can I apply for the Rajath Finance Rights Issue?

You can apply for Rajath Finance 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 Rajath Finance Rights Issue?

Rajath Finance's rights issue entitlement ratio is 4:1, which is 4 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

5. How can I check the Rajath Finance Issue Allotment Status?

The registrar for this upcoming rights issue is Link Intime India Private Limited. Investors can check the allotment status by visiting the registrar's here. 

6. From where can I get the Letter of Offer Rajath Finance Rights issue?

You can download the Rajath Finance Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Rajath Finance Rights Issue?

The Rajath Finance Rights Issue listing date will be available soon. However, the listing will be at BSE.

8. Who are the registrar and lead managers of Rajath Finance Rights Issue?

Rajath Finance Limited registrar is Link Intime India Private Limited. Whereas, the book-running lead manager(s) of this rights issue is Bonanza Portfolio Limited.

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