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Right Issue Status: Closed [1st Feb 2022 to 15th Feb 2022]
Choice International right issue of Rs. 50.75 Cr opens for subscription from 1 Feb to 15 Feb 2022. The company issues 1 equity share for every 4 fully paid-up equity shares held on the record date, 20 Jan 2022. The face value of share is Rs. 10 per share and the right issue price is fixed at Rs. 51 per share, 5.1 times the face value. Stay updated with us to know more about the Choice International Right Issue including issue size, right issue entitlement, terms of payment, and more.
The right issue aims to invest in a subsidiary, Choice Finserv Pvt Ltd to augment its capital base.
Choice International Issue Details | Values |
---|---|
Category | RightIssue |
Right Issue Issue Size (Shares) | 99,51,200 |
Right Issue Issue Size (Amount) | ₹50.75 Cr |
Face Value | ₹10 Per Equity Share |
Right Issue - Issue Price | ₹51 per share |
Right Issue Record Date | 20th Jan 2022 |
Right Issue Entitlement | 1 Equity Shares for every 4 existing share held by the eligible shareholder as on the Record date |
Right Issue Terms of payment | The full amount of the issue price of ₹51 per rights equity share shall be payable at the time of application. |
Listing At | BSE |
BSE Code | 531358 |
NSE Code |
In this section we have covered all important dates related to Choice International Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
Right Issue Activity | Date |
---|---|
Right Issue Issue Open Date | 1st Feb 2022 |
Right Issue Issue Close Date | 15th Feb 2022 |
Basis of Allotment Finalisation Date* | 24th Feb 2022 |
Refunds Initiation* | 24th Feb 2022 |
Credit of Shares to Demat Account* | 28th Feb 2022 |
Right Issue Listing Date* | 1st Mar 2022 |
* - Tentative Dates
Zerodha Trade@20
Choice International is a holding company that operates its business activities through a number of subsidiaries that offer financial services across all the platforms to cater to retail and institutional clients, corporates, and state and central governments. Its B2C services include equity & commodity broking, NBFC, and wealth services whereas B2B offerings include management consulting, investment banking, and government services i.e. infrastructure consulting and government advisory. The company's consolidated revenue from operations is reported to Rs. 16,874.35 lacs in fiscal 2021.
Past performance and financial results of Choice International.
Choice International Financials (₹ in Cr) | 31-Mar-2021 | 31-Mar-2020 |
---|---|---|
Total Assets | ₹655.59 | ₹502.80 |
Total Income | ₹175.82 | ₹134.22 |
Net Profit/Loss | ₹16.71 | ₹12.43 |
The table below is live update of Right Issue bidding details from NSE and BSE.
Choice International Right Issue Offer Document (Letter of Offer) >>Document
Choice International Right Issue Offer Document (Letter of Offer) >>Choice International Right Issue Red Herring Prospectus is not yet available.
Choice International Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Choice International Right Issue Online Application (Registrar & Transfer Agent) >>Choice International Right Issue RTA information is not yet available.
Last Updated on 2022-04-06T10:34:55+00:00