North Eastern Carrying Corporation Limited (NECC) is a transportation company that was founded in 1984. The company is situated in Delhi and primarily works in India.
In its transportation delivery service of more than four decades, North Eastern Carrying Corporation has grown to 200+ branches. The company handles transportation and supply chain solutions throughout India, Nepal, Bangladesh, and Bhutan. Given its extensive industry experience, the firm is capable of developing customized and cost-effective solutions for a wide range of industrial, commercial, and residential freight shifts. Advanced resources and extensive subject knowledge aid in the efficiency of the operations. With a high capacity network and excellent
troubleshooting capabilities, NECC provides flawless Logistics Management Solutions.
North Eastern Carrying Corp. Rights Issue 2023 Detail
Issue Open | Jun 14, 2023 – Jun 27, 2023 |
Security Name | North Eastern Carrying Corporation Limited |
Issue Size (Shares) | 45,177,602 |
Issue Size (Amount) | ₹81.32 Crores |
Issue Price | ₹18 per share |
Face Value | ₹10 per share |
Listing At | BSE, NSE |
Terms of Payment | |
Entitlement | 9 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
North Eastern Carrying Corp. Rights Issue 2023 Issue Timetable
Last Date to buy shares | Jun 1, 2023 |
Record Date | Jun 2, 2023 |
Credit of Rights Entitlements | |
Bid/Offer Opens On | Jun 14, 2023 |
Renunciation of Rights Entitlements | Jun 22, 2023 |
Bid/Offer Closes On | Jun 27, 2023 |
Deemed Date of Allotment | |
Credit Date | |
Listing Date |
North Eastern Carrying Corporation Limited Financial Information (Restated)
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-20 | 199.48 | 378.20 | 6.39 | 43.09 | 43.09 | 76.12 |
31-Mar-21 | 196.39 | 232.74 | 1.43 | 94.72 | 44.52 | 86.17 |
31-Mar-22 | 217.87 | 250.86 | 4.22 | 98.94 | 48.74 | 100.94 |
Company Contact Information
North Eastern Carrying Corporation Limited
Ram Bagh Road Azad Market,
Delhi-110 006
Phone: 011-23517516, 17, 18, 19
Email: [email protected]
Website: http://neccgroup.com
North Eastern Carrying Corp. Rights Issue 2023 Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: http://www.purvashare.com
North Eastern Carrying Corp. Rights Issue 2023 Lead Manager(s)
- Capitalsquare Advisors Private Limited
North Eastern Carrying Corp. Rights Issue 2023 FAQs
Q1. When is North Eastern Carrying Corp. Rights Issue 2023 coming?
Ans. The North Eastern Carrying Corp. Rights Issue 2023 opens on Jun 14, 2023, and closes on Jun 27, 2023.
Q2. What is the issue price for North Eastern Carrying Corp. Rights Issue 2023?
Ans. North Eastern Carrying Corp. Rights Issue 2023 price is set at ₹18 per share per equity share.
Q3. In what ratio is the North Eastern Carrying Corp. Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 9 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date (Jun 2, 2023).
Q4. What is the record date for North Eastern Carrying Corp. Rights Issue 2023?
Ans. The record date for the North Eastern Carrying Corp. Rights Issue 2023 is Jun 2, 2023.
Q5. What is the issue size of North Eastern Carrying Corp. Rights Issue 2023?
Ans. The issue size of North Eastern Carrying Corp. Rights Issue 2023 is of 45,177,602 equity shares at ₹18 per share aggregating upto ₹81.32 Crores.
Q6. How to apply for North Eastern Carrying Corp. Rights Issue 2023?
Ans. You can apply for North Eastern Carrying Corp. Rights Issue 2023 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for North Eastern Carrying Corp. Rights Issue 2023 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the North Eastern Carrying Corp. Rights Issue 2023 available on the list.
- Click the Apply button next to the North Eastern Carrying Corp. Rights Issue 2023.
- Fill and check your information.
- Submit the application.
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for North Eastern Carrying Corp. Rights Issue 2023 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select North Eastern Carrying Corp. Rights Issue 2023 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.