Shri Niwas Leasing & Finance Limited is set to launch its rights issue from March 6, 2025, to March 20, 2025, with the record date fixed on February 27, 2025. The company plans to issue 3,99,70,000 equity shares at โน10 per share, amounting to a total size of โน39.97 Crores. Eligible shareholders will receive 10 rights shares for every 1 fully-paid equity share held as of the record date.
Established in September 1984, Shri Niwas Leasing & Finance Limited is a distinguished Non-Banking Financial Company (NBFC) offering comprehensive financial solutions. The company specializes in equity trading, investment services, and customized lending options. It caters to various financial needs, including working capital loans, property loans, and personal loans, designed to provide flexible funding options.
With a leadership team boasting over 15 years of industry experience, the company is committed to promoting financial literacy and empowering clients with strategic investment options. Shri Niwas Leasing & Finance Limited stands out by offering structured finance products that deliver affordable financing solutions often unavailable through conventional banking systems. The companyโs mission is to bridge the gap between financial aspirations and reality, ensuring long-term financial stability for its clients.
Overview of Contents
Shri Niwas Leasing And Finance Rights Issue 2025 Offer Details
Particulars | Details |
---|---|
Rights Issue Size | Approx โน39.97 Crores |
Price Band | โน10 Per Equity Share |
Face Value | โน10 Per Equity Share |
Listing Platform | BSE |
Entitlement Ratio | 10:1 (10 Rights Equity Shares for every 1 fully paid-up Equity Share held) |
Total Equity Shares Offered | 3,99,70,000 Equity Shares |
Issue Period | March 6, 2025 โ March 20, 2025 |
Security Name | Shri Niwas Leasing And Finance Ltd |
Payment Terms | 50% payable at application; remaining amount payable in one or more calls as decided by the board |
Letter of Offer | Click here |
Shri Niwas Leasing And Finance Rights Issue 2025 Dates & Time Table
Event | Date |
---|---|
Last Date to Buy Shares | February 25, 2025 |
Record Date | February 27, 2025 |
Rights Entitlement Credit Date | To be announced |
Rights Issue Opening Date | March 6, 2025 |
Renunciation of Rights Entitlements | March 17, 2025 |
Rights Issue Closing Date | March 20, 2025 |
Deemed Date of Allotment | 2025 (Specific date to be announced) |
Shri Niwas Leasing And Finance Rights Issue 2025 Application Process
Investors can apply for the Shri Niwas Leasing And Finance Rights Issue 2025 through the following methods:
- Online via Net Banking (ASBA): Eligible shareholders can use their bank’s net banking portal through the Application Supported by Blocked Amount (ASBA) service to apply directly.
- Registrarโs Website (R-WAP Facility): Applicants can submit their applications online through the registrarโs web-based application platform (R-WAP), offering a convenient, paperless process.
Shri Niwas Leasing And Finance Rights Issue Review
The Shri Niwas Leasing And Finance Rights Issue is considered risky due to market uncertainties and the company’s financial position. Investors should carefully evaluate the company’s performance before making any decisions.
Objects of the Issue:
- To augment the capital base of the company; and
- General Corporate Purposes
Shri Niwas Leasing And Finance Ltd Financial Performance
Financial Metric | FY 2024 | FY 2023 | FY 2022 |
---|---|---|---|
Total Revenue | โน0.47 Crore | โน0.35 Crore | โน285.2 Crore |
Net Profit/Loss | โน-1.36 Crore | โน-0.01 Crore | โน134.4 Crore |
Total Assets | โน3.56 Crore | โน3.68 Crore | โน3,547.6 Crore |
Reserves & Surplus | โน-1.88 Crore | โน-0.50 Crore | โน-0.50 Crore |
๐ Registrar Contact Details
If you face any issues or need further assistance, you can contact the registrar at:
- Skyline Financial Services Private Ltd
- Phone: 022-28511022
- Email: [email protected]
- Website: www.skylinerta.com
๐ข Company Information
Shri Niwas Leasing And Finance Ltd is a prominent financial service provider based in Delhi. Below are the companyโs contact details:
- Address: 47/18, Rajendra Place Metro Station, New Delhi, Central Delhi โ 110060
- Phone: +91 9891709895
- Email: [email protected]
- Website: www.shriniwasleasingfinance.in
Shri Niwas Leasing And Finance Rights Issue 2025 FAQs:
When does the Shri Niwas Leasing And Finance Rights Issue 2025 open and close?
The rights issue opens on March 6, 2025 and closes on March 20, 2025.
What is the entitlement ratio for the rights issue?
A2. Shareholders are entitled to receive 10 rights shares for every 1 fully paid-up equity share held on the record date.
What is the issue price of the rights shares?
The issue price is โน10 per equity share.
How can I apply for the rights issue?
Investors can apply through Net Banking (ASBA) or via the Registrarโs Website (R-WAP Facility).
What is the record date for the rights issue?
The record date is February 27, 2025.
ย Is the Shri Niwas Leasing And Finance Rights Issue 2025 a good investment?
A6. The issue is considered risky due to recent financial performance, so investors should review the companyโs fundamentals before applying.