List of Upcoming Rights Issue of Share in 2024

What is the Rights Issue of Share?

A company may issue more shares under Section 62(1) of the Companies Act of 2013 if it intends to raise its subscribed capital by a new issue of shares. By delivering a letter of offer with the following restrictions, such shares should first be made available to current shareholders who, as of the offer date, are holders of equity shares of the firm in proportion.

Of course, the goal is to guarantee that shares are distributed fairly and that the allocation of voting rights is unaffected by the issue of new shares. A rights issue occurs when a company issues shares or convertible securities to its current shareholders as of a specific date set by the issuer (i.e., the record date). In relation to the number of shares or convertible securities owned as of the record date, the rights are offered in a certain ratio.

Upcoming Rights Issue of Share List May 2024

Here is a list of Upcoming Rights Issues of May 2024. Follow the upcoming rights Issue of shares and continue to invest in the primary market:

CompanyOpenCloseApplication
DSJ Keep Learning LimitedSoonSoonView IPO
Sungarner EnergiesSoonSoonView IPO
Gala Global ProductsSoonSoonView IPO
Jaykay Enterprises LimitedSoonSoonView IPO
Veerhealth Care LimitedSoonSoonView IPO
Veer Energy & Infrastructure LtdSoonSoonView IPO
Gujarat Toolroom LimitedJune 14July 12View IPO
Nakoda Group Of IndustriesJune 13June 28View IPO
Integra Essentia LimitedJune 11June 25View IPO
A B Infrabuild LimitedJune 7June 21View IPO
VSF Projects LimitedJune 5June 20View IPO
Viji Finance LtdMay 28June 10View IPO
Solara Active Pharma Sciences LtdMay 28June 11View IPO
Ifl Enterprises LtdMay 27June 25View IPO
Franklin Industries LtdMay 24June 11View IPO
Ajooni Biotech LimitedMay 15May 24View IPO
Khoobsurat LtdMay 15May 24View IPO
Sanginita Chemicals LimitedMay 15May 27View IPO
Orient Tradelink LtdSoonSoonView IPO
Banas Finance LtdMay 13May 30View IPO
Billwin Industries LtdMay 13May 20View IPO
Ashapuri Gold Ornament LtdMay 8May 27View IPO
Yug Decor LtdMay 7May 28View IPO
Ashnoor Textile Mills LtdMay 7May 16View IPO
Sobhagya Merchantile LtdMay 6May 21View IPO
Savani Financials LtdMay 2May 10View IPO
Vms Industries LtdMay 2 May 16 View IPO
Scanpoint Geomatics LtdApr 30May 8View IPO
Iifl Finance LtdApr 30May 14View IPO
Til LtdApr 26May 10View IPO
Sakuma Exports LtdApr 25May 13View IPO
Iykot Hitech Toolroom LtdApr 24Apr 30View IPO
Shiva Cement LtdApr 22May 06View IPO
Aa Plus TradelinkApr 22May 16View IPO
Jyoti Structures LtdApr 15Apr 29View IPO
Markobenz Ventures LimitedApr 15Apr 22View IPO
Spectrum Foods LimitedApr 08Apr 22View IPO
Sawaca Business Machines LtdApr 02Apr 12View IPO
Mishtann Foods LtdApr 02Apr 17View IPO
Balkrishna Paper Mills LtdApr 02Apr 15View IPO
Tierra Agrotech LtdMar 28Apr 10View IPO
Hindustan Construction Company LimitedMar 26Apr 05View IPO
Valencia Nutrition LtdMar 15Mar 22View IPO
Mercury Trade Links Ltd.Mar 11Mar 21View IPO
The South Indian Bank LimitedMar 6Mar 20View IPO
Silgo Retail LimitedFeb 28Mar 12View IPO
Dipna Pharmachem Ltd.Feb 26Mar 07View IPO
Affordable Robotic & Automation LtdFeb 26Mar 07View IPO
Mangalam Industrial Finance LtdFeb 12Feb 26View IPO
Nagreeka Exports Ltd.Feb 12Feb 23View IPO
Magnum Ventures LimitedFeb 07Feb 21View IPO
Adroit Infotech LimitedFeb 07Feb 16View IPO
Yarn Syndicate Ltd.Feb 06Feb 21View IPO
Quest Softech (India) LimitedFeb 02Feb 15View IPO
Shree Ajit Pulp and Paper LimitedJan 30Feb 15View IPO
Genpharmasec LimitedJan 23Feb 13View IPO
Indian Infotech And Software LimitedFeb 06Feb 13View IPO
Indiabulls Housing Finance LimitedFeb 07Feb 13View IPO
Skipper LtdJan 30Feb 08View IPO
Ind Renewable Energy LtdJan 18Feb 02View IPO
Sharanam Infraproject And Trading LtdJan 24Feb 02View IPO
La Tim Metal And Industries LimitedJan 10Jan 29View IPO
Grasim Industries LtdJan 17Jan 29View IPO
Jaykay EnterprisesComing SoonComing SoonView IPO
Dynamic ServicesComing SoonComing SoonView IPO
Piramal PharmaComing SoonComing SoonView IPO
Gala Global ProductsComing SoonComing SoonView IPO
Credent Global Finance25 Jul8 AugView IPO
Shree Rama Multi-Tech12 Jun26 JunView IPO
North Eastern Carrying14 Jun27 JunView IPO
Bhakti Gems9 Jun20 JunView IPO
Destiny Logistic & Infra12 Oct3 NovView IPO
Suzlon Energy11 Oct20 OctView IPO
Libas Consumer Products27 Sep7 OctView IPO
Suditi Industries15 Sep21 SepView IPO
Coastal Corporation12 Sep27 SepView IPO

Important Note:

  • The offer to purchase a rights issue is a choice, not a requirement, for the current shareholder.
  • You must be a shareholder of the company in question as of the record date to qualify as an existing shareholder for the rights issue.
  • An existing shareholder who has fully subscribed to the rights issue may also subscribe for additional shares. The extra shares would be allocated depending on the issue subscription.
  • Through the trading of rights entitlements, the rights issue can be partially subscribed to and partially transferred to other investors. 
  • In such instances, neither party will be able to purchase more shares in addition to the assigned rights issue.