Share the post "Rapid Investments’s IPO Launches Rights Issue 26-09-2024!"
Rapid Investments IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 26 Sep 2024 to 10 Oct 2024 , with a market lot of 1 shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
Security Name | RAPID INVESTMENTS LTD |
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Offer Price () | 100.00 |
Face Value | 10.00 |
Type Of Issue | RI |
Issue Status | Forthcoming |
Security Type | Equity |
Issue Period | 26 Sep 2024 to 10 Oct 2024 |
Issue Size – No.of Shares | 8,39,744 |
Price (Inclusive Of Premium) | 100.00 |
Market Lot | 1 |
LTP | 127.25 |
Registrar | LINK INTIME INDIA PRIVATE LIMITED |
Remarks | Notice no.:20240924-18 |
Notes | This issue of up to 8,39,744 fully paid-up Equity Shares of face value of Rs.10/- each of the Company for cash at a price of Rs.100 (including a premium of Rs.90 per Rights Equity Share) aggregating up to Rs.839.74 Lakhs on a rights basis to the Eligible Equity Shareholders of the Company in the ratio of 25 (Twenty Five) Rights Equity Share for every 39 (Thirty Nine) fully paid-up Equity Shares held by the Eligible Equity Shareholders on the Record Date that is 18 September 2024. On Application, Investors will have to pay Rs.100 per Rights Equity Share which constitutes 100% of the Issue Price. |
Rapid Investments IPO opens on 26-09-2024, and closes on 10-10-2024
Start Date | 26-09-2024 |
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End Date | 10-10-2024 |
Issue Period | 26 Sep 2024 to 10 Oct 2024 |
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