Share the post "SRESTHA FINVEST Launches Rights Issue, Debuting 04-07-2024!"
Srestha Finvest Limited is a leading player in the Investment Company industry, categorized under the Financial Services sector, offering Equity instruments. the company is entered into the public market through its Rights Issue, set to launch from 04 Jul 2024 to 18 Jul 2024. Investors have the opportunity to acquire shares priced at 2.00 each, with a face value of Rs2.00 per share, the market lot for this company is 1.
| Security Name | SRESTHA FINVEST LTD |
|---|---|
| Start Date | 04-07-2024 |
| End Date | 18-07-2024 |
| Offer Price () | 2.00 |
| Face Value | 2.00 |
| Type Of Issue | RI |
| Issue Status | Live |
| Security Type | Equity |
| Issue Period | 04 Jul 2024 to 18 Jul 2024 |
| Issue Size – No.of Shares | 24,00,00,000 |
| Price (Inclusive Of Premium) | 2.00 |
| Market Lot | 1 |
| LTP | 2.26 |
| Registrar | Purva Sharegistry (India) Private Limited |
| BSE Bid Quantity (ASBA) | 6,06,36,493 As on Jul 15 2024 5:00PM |
| Remarks | Notice no:20240702-5 |
| Notes | Rights Issue of 24,00,00,000 Equity Shares of our Company for cash at apar of Rs.2.00 (Rupees Two Only) per Right Shares aggregating Rs.48,00,00,000 ( Rupees Forty Eight Crore Only) on a rights basis to the Eligible Shareholders of our Company in the ratio of 12 Right Shares for every 29 Equity Shares held by the Eligible Shareholders of our Company on the Record Date i.e. Monday, June 24, 2024. On Application, Investors will have to pay entire amount of Rs. 2.00 (Rupees Two Only) per Rights Equity Share which constitutes 100.00% (Hundred percent) of the Issue Price. |
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