Maharashtra Corporation Rights Issue 2022 Date, Price, Allotment & Ratio
Written by Lucky Wilson | KGTO Writer on June 30, 2022
Maharashtra Corporation Rights issue date is to open on July 19 and will close on August 2. The Maharashtra Corporation Rights issue record date is July 8, 2022. The company is to offer 49.62 Crores equity shares at a price of ₹1 per share. The Maharashtra Corporation Rights issue size will be ₹49.62 Crores. The entitlement ratio is 11:3, 1 right shares for every 3 fully-paid equity shares held on the record date. Check out Maharashtra Corporation rights issue details.
Maharashtra Corporation Limited is involved in business of commodity trading and real estate. The company is doing business of investing, trading, and distribution of textiles products, such as gunnies, handicrafts, hessian, tea, shellac, tobacco, hides, skins, kapocks, cotton, cotton goods, myrobalan, nux, indigo, oils, oilcakes, fertilizers, manure, rubber, dates, rice, seeds, chemicals, colour, paints, pigments, timber, iron, steel, carpets and all kinds of goods, products, commodities, articles and things manufactured from or containing in any manner and from any of the foregoing commodities and all goods, products, commodities, articles and things.
Maharashtra Corporation Rights Issue 2022 Dates & Time Table
| Rights Issue Open: | July 19, 2022 |
| Rights Issue Close: | August 2, 2022 |
| Rights Record Date: | July 8, 2022 |
| Deemed Date of Allotment | 2022 |
| Renunciation of Rights Entitlements | July 27, 2022 |
Maharashtra Corporation Rights Issue 2022 Offer Details
| Rights Issue Size: | Approx ₹49.62 Crores |
| Price Band: | ₹1 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE |
| Entitlement Ratio: | 11:3 (11 rights share for every 3 shares) |
| Equity: | 49.62 Crores Equity Share |
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price: | Click Here |
Maharashtra Corporation Rights Issue 2022 Form & How to Apply
How to apply the Maharashtra Corporation Rights issue? You can check Maharashtra Corporation Rights issue details on click here. You can apply the Maharashtra Corporation Rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.
Maharashtra Corporation Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT | ||
| 2020 | ₹- | ₹- | ₹- | ||
| 2021 | ₹- | ₹- | ₹- | ||
| 2022 | ₹- | ₹- | ₹- | ||
Maharashtra Corporation Rights Issue 2022 Allotment Status
Adroit Corporate Services Pvt Ltd
Phone: 91- 22- 2859 6060/2859 4060
Email: [email protected]
Website: http://www.adroitcorporate.com
Check Maharashtra Corporation Rights issue on Adroit Corporate website allotment URL. Click Here
Maharashtra Corporation Rights Issue 2022 Lead Managers
- CapitalSquare Advisors Pvt. Ltd.
Company Address:
Maharashtra Corporation Iimíted
907/908, Dev Plaza,
S.V. Road, Andheri (West),
Mumbai – 400058
Phone: 022-67424815
Email: [email protected]
Website: http://mcl.visagar.com/
Maharashtra Corporation Rights Issue 2022 FAQs:
When is Maharashtra Corporation Rights Issue 2022 Record Date?
Maharashtra Corporation Rights Issue 2022 record date is July 8, 2022.
What is Maharashtra Corporation Rights Issue 2022 Price?
The company has fixed the price at ₹1 per equity share.
What is the Maharashtra Corporation Rights Issue 2022 Ratio?
The company has fixed the ratio (11:3), 11 Rights Equity Share for every 3 Equity Shares as on record date.
How to apply for Maharashtra Corporation Rights Rights Issue 2022?
As per the record date you need to have Maharashtra Corporation Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.
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