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List of Upcoming Rights Issue in 2023

Here is the list of upcoming rights issue in India. These companies have announced their rights issue recently.

CompanyRights RatioFace Value (Rs)Premium (Rs)Year EndingRecord DateEx-Rights Date
PIRAMAL PHARMA
5:461071Mar 31, 2023Aug 2, 2023Aug 2, 2023
PERFECT INFRAENGINEERS
100:58108Mar 31, 2022Aug 1, 2023Aug 1, 2023
BROOKS LAB
1:161065Mar 31, 2022Jul 28, 2023Jul 28, 2023
VAXTEX COTFAB
1:211Mar 31, 2022Jul 24, 2023Jul 24, 2023
ORACLE CREDIT
1:210130Mar 31, 2022Jul 17, 2023Jul 17, 2023
SEACOAST SHIPPING SERVICES
3:511.4Mar 31, 2022Jul 13, 2023Jul 13, 2023
GG ENGINEERING
38:2910Mar 31, 2022Jul 11, 2023Jul 11, 2023
TOWA SOKKI
365:1001020Mar 31, 2022Jul 3, 2023Jul 3, 2023
SPACEAGE PRODUCTS
1:2102Mar 31, 2022Jun 19, 2023Jun 19, 2023
ALAN SCOTT
1:11020Mar 31, 2022Jun 16, 2023Jun 16, 2023
UDAIPUR CEMENT
4:5414Mar 31, 2022Jun 14, 2023Jun 14, 2023
NORTH EASTERN
9:10108Mar 31, 2022Jun 2, 2023Jun 2, 2023
DEBOCK INDUSTRIES
3:7105Mar 31, 2022Jun 1, 2023Jun 1, 2023
PRAXIS HOME RETAIL
13:2055Mar 31, 2022May 30, 2023May 30, 2023
CLARA INDUSTRIES
2:310157Mar 31, 2022May 11, 2023May 11, 2023
PRERNA FINSA
2:11010Mar 31, 2022Apr 21, 2023Apr 21, 2023
GI ENGINEERING
11:8100Mar 31, 2022Apr 18, 2023Apr 18, 2023
SOM DISTILLERIES
10:2115135Mar 31, 2022Apr 14, 2023Apr 13, 2023
PNB HOUSING FINANCE
29:5410265Mar 31, 2022Apr 5, 2023Apr 5, 2023
A F ENTERPRISES
8:5109Mar 31, 2022Mar 22, 2023Mar 21, 2023
GOKUL AGRO RESOURCES
1:32290Mar 31, 2022Mar 8, 2023Mar 8, 2023
SPARC SYSTEM
3:1109Mar 31, 2022Feb 28, 2023Feb 28, 2023
AMAL PRODUCT
24:7710160Mar 31, 2022Feb 21, 2023Feb 21, 2023
KHFM HOSPITALITY
1:11014Mar 31, 2022Feb 10, 2023Feb 10, 2023
RAJ OIL MILLS
1:11020Mar 31, 2022Feb 9, 2023Feb 9, 2023
PARVATI SWEETNERS AND POWER
17:2650Mar 31, 2022Feb 8, 2023Feb 8, 2023
PATEL ENGINEERING
1:2111.6Mar 31, 2022Feb 6, 2023Feb 6, 2023
BRIGHT SOLAR
2:9100Mar 31, 2022Feb 6, 2023Feb 6, 2023
SHREE GANESH REMEDIES
7:10010215Mar 31, 2022Feb 3, 2023Feb 3, 2023
SPRAYKING AGRO EQUIPMENT
1:11034Mar 31, 2022Feb 2, 2023Feb 2, 2023
SHUKRA PHARMA
6:11010Mar 31, 2022Feb 2, 2023Feb 2, 2023
DESTINY LOGISTICS
1:1100Mar 31, 2022Jan 27, 2023Jan 27, 2023
HAZOOR HOTELS
1:21078Mar 31, 2022Jan 20, 2023Jan 20, 2023
AARTI SURFACTANTS
2:1710545Mar 31, 2022Jan 17, 2023Jan 17, 2023
INDOWIND ENERGY
2:5102Mar 31, 2022Jan 13, 2023Jan 13, 2023
PACIFIC IND.
1:110129Mar 31, 2022Jan 11, 2023Jan 11, 2023




FAQs

Which companies have announced their rights issue for August 2023?

PIRAMAL PHARMA, PERFECT INFRAENGINEERS have announced their rights issue for August 2023.

Here is the list of companies which have announced rights issue recently.

What are rights issue?

A rights issue is an invitation to existing shareholders to purchase additional new shares in the company.

With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date.

Until the date at which the new shares can be purchased, shareholders may trade the rights on the market the same way that they would trade ordinary shares.

Why do companies do rights issue?

Companies usually carry out a rights issue to raise capital at a low cost.

A rights issue costs less than a public share issue as the company saves a significant amount of money, such as underwriting fees, advertisement cost and so on.



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On Friday last week, Indian share markets continued the downtrend as the session progressed and ended the day lower.

PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.