Rajath Finance Rights Issue 2024 Offer Details
| Rajath Finance Rights Issue Date: | 2024 |
| Rights Issue Size (in INR): | Approx ₹16.00 Crores |
| Rights Issue Size (in Shares): | 1,60,00,000 Equity Share |
| Issue Price: | ₹10 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 507962 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 4:1 (4 rights share for every 1 shares held on record date) |
| Payment Terms | Coming soon |
| Employee Discount: | ₹[.] per share |
Rajath Finance Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Rajath Finance Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 2024 |
| Rights Issue Record Date: | 2024 |
| Credit of Rights Entitlements: | 2024 |
| Issue Offer Opens On: | 2024 |
| Renunciation of Rights Entitlements: | 2024 |
| Issue Offer Closes On: | 2024 |
| Basis of Allotment Date: | 2025 |
| Credit Date: | 2025 |
| Listing Date: | 2025 |
Rajath Finance Rights Issue Calculation
| Rights Issue Price: | ₹10 per share |
| Market Price on Rights Issue Approval: | ₹27.79 per share |
| Dilution Factor (X): | 5 |
| Fair Value After Dilution at Prevailing Price: | ₹13.56 per share |
How to Apply for Rajath Finance Rights Issue
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
About Rajath Finance
ncorporated in 1984, Rajath Finance is a Non-Banking Financial Company (NBFC) engaged in the business of providing personal and business loans to individuals and businesses. The company decided to create a business where they can help with financial services to people who might not be eligible for traditional loans. In addition to its loan services, the company also offers leasing, hire purchase, and other financial solutions to meet various financial needs. Microfinance services are being provided to both individuals and small enterprises, providing important financial support to those in need. Additionally, it offers hire purchase options to consumers, allowing them to conveniently buy products with payment plans while utilizing them. The company’s net income ratio was 0.11 in the fiscal year 2023, 0.24 in the year 2022, and is expected to reach 1.25 in the fiscal year 2024.
Objects of the Rights Issue
To be Updated Soon
Rajath Finance Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹0.34 | ₹0.02 | ₹0.24 |
| 2023 | ₹0.33 | ₹0.48 | ₹0.11 |
| 2024 | ₹0.09 | ₹1.73 | ₹1.25 |
Rajath Finance Rights Issue Registrar
Coming soon
Rajath Finance Rights Issue Lead Manager
- To Be Updated Soon
Rajath Finance Rights Issue allotment status check on [.] website – Click Here
Promoters of Rajath Finance
Company Address
Rajath Finance Limited
1001, 10™ floor,
K. P. Aurum, Marol Maroshi Road,
Andheri (E), Mumbai, 400059
Phone: 022 29200027
Email: compliance@fynxcapital.com
Website: http://www.fynxcapital.com