Shri Niwas Leasing Rights Issue Details, Record Date & Issue Price

  • 28-Feb-2025
  • 2 mins read
Shri Niwas Leasing Rights Issue

Shri Niwas Leasing Rights Issue Details, Record Date & Issue Price

Shri Niwas Leasing And Finance Rights Issue details are now available. The company plans to issue 3,99,70,000 equity shares amounting to Rs 39.97 crores. Shri Niwas Leasing And Finance Rights issue price is Rs 10 per share, and the face value is Rs 10 per share.

Shri Niwas Leasing And Finance Rights Issue open date is March 6, 2025 and closing date is March 20, 2025. Shri Niwas Leasing And Finance rights issue entitlement ratio is 10:1, which is 10 Rights Equity Share for every 1 fully paid-up Equity Share held on record date.

Shri Niwas Leasing And Finance Rights Issue record date is February 27, 2025. The last date to buy shares of Shri Niwas Leasing And Finance is February 25, 2025. Rights Issue subscription status will be available after the issue goes live.

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

Shri Niwas Leasing And Finance Rights Issue book-running lead manager is not yet announced. The registrar for the Shri Niwas Leasing And Finance rights Issue is Skyline Financial Services Private Limited.

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Shri Niwas Leasing And Finance Rights Issue Details

Shri Niwas Leasing And Finance Rights Issue details are as follows: the company plans to issue 3,99,70,000 equity shares amounting to Rs 39.97 crores. Shri Niwas Leasing And Finance Rights issue price is Rs 10 per share. The rights issue entitlement ratio is 10:1, which is 10 Rights Equity Shares for every 1 fully paid-up equity share(s).

Issue Open

March 6, 2025 - March 20, 2025

Security Name

Shri Niwas Leasing And Finance Ltd

Issue Size (Shares)

3,99,70,000

Issue Size (Amount)

Rs 39.97 Crores

Issue Price

Rs 10 per share

Face Value

Rs 10 per share

Listing At

BSE

Terms of Payment

50% of the amount shall be payable at the time of the application, and the rest of the amount shall be payable on one or more subsequent calls as may be decided by the board.

Entitlement

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

Shri Niwas Leasing And Finance Rights Issue Dates

Shri Niwas Leasing And Finance Rights Issue record date is February 27, 2025. The last date to buy shares of Shri Niwas Leasing And Finance is February 25, 2025.

Last Date to buy shares

February 25, 2025

Record Date

February 27, 2025

Credit of Rights Entitlements

Yet to be Announced

Bid/Offer Opens On

March 6, 2025

Renunciation of Rights Entitlements

March 17, 2025

Bid/Offer Closes On

March 20, 2025

Deemed Date of Allotment

Yet to be Announced

Credit Date

Yet to be Announced

Listing Date

Yet to be Announced

Shri Niwas Leasing And Finance Rights Issue Subscription

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

Shri Niwas Leasing And Finance Limited: About the Company

Shri Niwas Leasing And Finance Limited is a NBFC that has been a part of India's financial landscape since its incorporation held on September 26, 1984. The company's headquartered situated in New Delhi. As they initially focused on the sale and purchase of equity shares. Over the years, company evolved to offer a diverse range of financial services, including trading in shares, investments, and loans. Shri Niwas Leasing And Finance Limited is listed on the Bombay Stock Exchange and is managed by a team of experienced professionals led by Managing Director Ms Rajni Tanwar and Executive Director Mr Virendra Jain. The company aims to provide cost-effective financing solutions and emphasizes long-term financial growth while preserving shareholder capital. Its vision includes empowering individuals with financial knowledge and achieving excellence in financial services.

Shri Niwas Leasing And Finance Limited Financials (in crore)

Period Ended

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

3.56

3.68

3,547.6

Revenue

0.47

0.35

285.2

Profit After Tax

-1.36

-0.01

134.4

Shri Niwas Leasing And Finance Rights Issue Registrar

Shri Niwas Leasing And Finance Limited's registrar is Skyline Financial Services Private Limited. The book-running lead manager(s) on this rights issue is not yet disclosed.

FAQs

1. What are the details of the Shri Niwas Leasing And Finance Rights Issue?

Shri Niwas Leasing And Finance Rights Issue details are as follows: Shri Niwas Leasing And Finance plans to issue 3,99,70,000 equity shares amounting to Rs 10 crores. Shri Niwas Leasing And Finance Rights issue price is Rs 10 per share. The rights issue entitlement ratio is 10:1, which is 10 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

2. Shri Niwas Leasing And Finance Rights Issue open date and close date?

Shri Niwas Leasing And Finance Rights Issue's open date is March 6, 2025, and the closing date is March 20, 2025. Shri Niwas Leasing And Finance Rights Issue record date is February 27, 2025. The last date to buy shares of Shri Niwas Leasing And Finance is February 25, 2025.

3. How can I apply for the Shri Niwas Leasing And Finance Rights Issue?

You can apply for Shri Niwas Leasing And 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 Shri Niwas Leasing And Finance Rights Issue?

Shri Niwas Leasing And Finance's rights issue entitlement ratio is 10:1, which is 10 Rights Equity Share(s) for every 1 fully paid-up equity share(s).

5. How can I check the Shri Niwas Leasing And Finance Issue Allotment Status?

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

6. From where can I get the Letter of Offer Shri Niwas Leasing And Finance Rights issue?

You can download the Shri Niwas Leasing And Finance Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Shri Niwas Leasing And Finance Rights Issue?

The Shri Niwas Leasing And 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 Shri Niwas Leasing And Finance Rights Issue?

Shri Niwas Leasing And Finance Limited registrar is Skyline Financial Services Private Limited. Whereas, the book-running lead manager(s) of this rights issue is not yet disclosed.

Also Read | What is a Rights Issue?


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