Banas Finance Rights Issue 2022 Date, Price, Allotment & Ratio
Written by Lucky Wilson | KGTO Writer on June 30, 2022
Banas Finance Rights issue date is to open on July 05 and will close on July 19. The Banas Finance Rights issue record date is June 24, 2022. The company is to offer 2.46 crores equity shares at a price of ₹20 per share. The Banas Finance Rights issue size will be ₹49.25 Crores. The entitlement ratio is 24:25, 24 right shares for every 25 fully-paid equity shares held on the record date. Check out Banas Finance rights issue details.
Banas Finance Limited (formerly known as Pioneer Leasing Company Limited) is a Non-Banking Finance Company. Banas Finance is doing business of purchase, leasing, factoring, financing of hire-purchase, lease of all kinds of plants and machinery, motor vehicles, motor boats, trawlers, launches, ships, vessels, helicopters, aircraft, automobiles, computers, and more.
Banas Finance Rights Issue 2022 Dates & Time Table
| Rights Issue Open: | July 05, 2022 |
| Rights Issue Close: | July 19, 2022 |
| Rights Record Date: | June 24, 2022 |
| Deemed Date of Allotment | 2022 |
| Renunciation of Rights Entitlements | 2022 |
Banas Finance Rights Issue 2022 Offer Details
| Rights Issue Size: | Approx ₹49.25 Crores |
| Price Band: | ₹20 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: | BSE |
| Entitlement Ratio: | 24:25 (24 rights share for every 25 shares) |
| Equity: | 2.46 Crores Equity Share |
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price: | Click Here |
Banas Finance Rights Issue 2022 Form & How to Apply
How to apply the Banas Finance Rights issue? You can check Banas Finance Rights issue details on click here. You can apply the Banas Finance 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.
Banas Finance Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT | ||
| 2020 | ₹- | ₹- | ₹- | ||
| 2021 | ₹14.47 | ₹4.92 | ₹1.12 | ||
| 2022 | ₹10.08 | ₹9.18 | ₹6.94 | ||
Banas Finance Rights Issue 2022 Allotment Status
To be updated soon
Check Banas Finance Rights issue on – website allotment URL. Click Here
Banas Finance Rights Issue 2022 Lead Managers
Company Address:
Banas Finance Limited
E-109, Crystal Plaza,
New Link Road, Opp. Infinity Mall,
Andheri (West), Mumbai – 400053
Phone: 9152096140/41
Email: [email protected]
Website: https://banasfinance.wordpress.com/
Banas Finance Rights Issue 2022 FAQs:
When is Banas Finance Rights Issue 2022 Record Date?
Banas Finance Rights Issue 2022 record date is June 24, 2022.
What is Banas Finance Rights Issue 2022 Price?
The company has fixed the price at ₹20 per equity share.
What is the Banas Finance Rights Issue 2022 Ratio?
The company has fixed the ratio (24:25), 24 Rights Equity Share for every 25 Equity Shares as on record date.
How to apply for Banas Finance Rights Rights Issue 2022?
As per the record date you need to have Banas Finance 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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