Shri Niwas Leasing And Finance Rights Issue 2025 Date, Price, Allotment, Ratio

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 โ‚น10 per share, amounting to a total size of โ‚น39.97 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 companyโ€™s mission is to bridge the gap between financial aspirations and reality, ensuring long-term financial stability for its clients.

Shri Niwas Leasing & Finance Rights Issue 2025: Everything You Need to Know!

Shri Niwas Leasing And Finance Rights Issue 2025 Offer Details

ParticularsDetails
Rights Issue SizeApprox โ‚น39.97 Crores
Price Bandโ‚น10 Per Equity Share
Face Valueโ‚น10 Per Equity Share
Listing PlatformBSE
Entitlement Ratio10:1 (10 Rights Equity Shares for every 1 fully paid-up Equity Share held)
Total Equity Shares Offered3,99,70,000 Equity Shares
Issue PeriodMarch 6, 2025 โ€“ March 20, 2025
Security NameShri Niwas Leasing And Finance Ltd
Payment Terms50% payable at application; remaining amount payable in one or more calls as decided by the board
Letter of OfferClick here
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Shri Niwas Leasing And Finance Rights Issue 2025 Dates & Time Table

EventDate
Last Date to Buy SharesFebruary 25, 2025
Record DateFebruary 27, 2025
Rights Entitlement Credit DateTo be announced
Rights Issue Opening DateMarch 6, 2025
Renunciation of Rights EntitlementsMarch 17, 2025
Rights Issue Closing DateMarch 20, 2025
Deemed Date of Allotment2025 (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:

  1. 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.
  2. Registrarโ€™s Website (R-WAP Facility): Applicants can submit their applications online through the registrarโ€™s 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 MetricFY 2024FY 2023FY 2022
Total Revenueโ‚น0.47 Croreโ‚น0.35 Croreโ‚น285.2 Crore
Net Profit/Lossโ‚น-1.36 Croreโ‚น-0.01 Croreโ‚น134.4 Crore
Total Assetsโ‚น3.56 Croreโ‚น3.68 Croreโ‚น3,547.6 Crore
Reserves & Surplusโ‚น-1.88 Croreโ‚น-0.50 Croreโ‚น-0.50 Crore

๐Ÿ“ž Registrar Contact Details

If you face any issues or need further assistance, you can contact the registrar at:

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๐Ÿข Company Information

Shri Niwas Leasing And Finance Ltd is a prominent financial service provider based in Delhi. Below are the companyโ€™s contact details:

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 โ‚น10 per equity share.

How can I apply for the rights issue?

Investors can apply through Net Banking (ASBA) or via the Registrarโ€™s 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 companyโ€™s fundamentals before applying.

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