Rights Ratio
11:2
Premium
25
Announcement
02 Jan 2025
Record Date
07 Jan 2025
Ex-Rights
07 Jan 2025
Rights Ratio
5:41
Premium
109
Announcement
02 Jan 2025
Record Date
08 Jan 2025
Ex-Rights
08 Jan 2025
Rights Ratio
1:2
Premium
3.5
Announcement
26 Dec 2024
Record Date
31 Dec 2024
Ex-Rights
31 Dec 2024
Rights Ratio
4:1
Premium
0
Announcement
24 Dec 2024
Record Date
31 Dec 2024
Ex-Rights
31 Dec 2024
Rights Ratio
1:1
Premium
0.75
Announcement
19 Dec 2024
Record Date
27 Dec 2024
Ex-Rights
27 Dec 2024
Rights Ratio
14:23
Premium
13
Announcement
18 Dec 2024
Record Date
20 Dec 2024
Ex-Rights
20 Dec 2024
Rights Ratio
1:1
Premium
0
Announcement
17 Dec 2024
Record Date
20 Dec 2024
Ex-Rights
20 Dec 2024
Rights Ratio
14:25
Premium
11
Announcement
20 Dec 2024
Record Date
27 Dec 2024
Ex-Rights
27 Dec 2024
Rights Ratio
1:3
Premium
0
Announcement
13 Dec 2024
Record Date
19 Dec 2024
Ex-Rights
19 Dec 2024
Rights Ratio
8:10
Premium
32.5
Announcement
10 Dec 2024
Record Date
13 Dec 2024
Ex-Rights
13 Dec 2024
Rights Ratio
1:19.07
Premium
193.65
Announcement
11 Dec 2024
Record Date
13 Dec 2024
Ex-Rights
13 Dec 2024
Rights Ratio
5:24
Premium
9
Announcement
06 Dec 2024
Record Date
12 Dec 2024
Ex-Rights
12 Dec 2024
Rights Ratio
8:1
Premium
0.14
Announcement
05 Dec 2024
Record Date
11 Dec 2024
Ex-Rights
11 Dec 2024
Rights Ratio
4:5
Premium
107
Announcement
02 Dec 2024
Record Date
06 Dec 2024
Ex-Rights
06 Dec 2024
Rights Ratio
3:10
Premium
88
Announcement
03 Dec 2024
Record Date
06 Dec 2024
Ex-Rights
06 Dec 2024
Rights Ratio
1:1
Premium
68
Announcement
02 Dec 2024
Record Date
05 Dec 2024
Ex-Rights
05 Dec 2024
Rights Ratio
3:5
Premium
0
Announcement
28 Nov 2024
Record Date
03 Dec 2024
Ex-Rights
03 Dec 2024
Rights Ratio
2:1
Premium
15
Announcement
28 Nov 2024
Record Date
03 Dec 2024
Ex-Rights
03 Dec 2024
Rights Ratio
1:1
Premium
0
Announcement
21 Nov 2024
Record Date
29 Nov 2024
Ex-Rights
29 Nov 2024
Rights Ratio
7:10
Premium
102
Announcement
26 Nov 2024
Record Date
29 Nov 2024
Ex-Rights
29 Nov 2024
Rights Ratio
19:10
Premium
8
Announcement
25 Nov 2024
Record Date
28 Nov 2024
Ex-Rights
28 Nov 2024
Rights Ratio
121:50
Premium
3
Announcement
25 Nov 2024
Record Date
28 Nov 2024
Ex-Rights
28 Nov 2024
Rights Ratio
49:100
Premium
4
Announcement
22 Nov 2024
Record Date
27 Nov 2024
Ex-Rights
27 Nov 2024
Rights Ratio
1:8
Premium
358
Announcement
21 Nov 2024
Record Date
26 Nov 2024
Ex-Rights
26 Nov 2024
Rights Ratio
4:1
Premium
0
Announcement
21 Nov 2024
Record Date
26 Nov 2024
Ex-Rights
26 Nov 2024
Rights Ratio
53:10
Premium
15
Announcement
11 Nov 2024
Record Date
14 Nov 2024
Ex-Rights
14 Nov 2024
Rights Ratio
7:1
Premium
0.76
Announcement
22 Oct 2024
Record Date
28 Oct 2024
Ex-Rights
28 Oct 2024
Rights Ratio
11:6
Premium
0
Announcement
25 Oct 2024
Record Date
30 Oct 2024
Ex-Rights
30 Oct 2024
Rights Ratio
1:3
Premium
1.75
Announcement
22 Oct 2024
Record Date
25 Oct 2024
Ex-Rights
25 Oct 2024
Rights Ratio
119:758
Premium
218
Announcement
18 Oct 2024
Record Date
25 Oct 2024
Ex-Rights
25 Oct 2024
Rights Ratio
6:5
Premium
2.6
Announcement
17 Oct 2024
Record Date
24 Oct 2024
Ex-Rights
24 Oct 2024
Rights Ratio
4:1
Premium
34.95
Announcement
18 Oct 2024
Record Date
24 Oct 2024
Ex-Rights
24 Oct 2024
Rights Ratio
1:20
Premium
130
Announcement
15 Oct 2024
Record Date
22 Oct 2024
Ex-Rights
22 Oct 2024
Rights Ratio
1:6
Premium
251
Announcement
17 Oct 2024
Record Date
19 Oct 2024
Ex-Rights
18 Oct 2024
Rights Ratio
11:5
Premium
0.5
Announcement
15 Oct 2024
Record Date
18 Oct 2024
Ex-Rights
18 Oct 2024
Rights Ratio
29:2
Premium
3
Announcement
15 Oct 2024
Record Date
18 Oct 2024
Ex-Rights
18 Oct 2024
Rights Ratio
3:1
Premium
0
Announcement
07 Oct 2024
Record Date
11 Oct 2024
Ex-Rights
11 Oct 2024
Rights Ratio
20:41
Premium
50
Announcement
07 Oct 2024
Record Date
14 Oct 2024
Ex-Rights
14 Oct 2024
Rights Ratio
5:100
Premium
45
Announcement
07 Oct 2024
Record Date
11 Oct 2024
Ex-Rights
11 Oct 2024
Rights Ratio
4:5
Premium
0.2
Announcement
04 Oct 2024
Record Date
10 Oct 2024
Ex-Rights
10 Oct 2024
Rights Ratio
1:6
Premium
49
Announcement
01 Oct 2024
Record Date
07 Oct 2024
Ex-Rights
07 Oct 2024
Rights Ratio
1:2
Premium
1
Announcement
30 Sep 2024
Record Date
03 Oct 2024
Ex-Rights
03 Oct 2024
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What Is a Rights Issue?
A rights issue is providing rights to the existing shareholders of a company. This right gives the shareholders an opportunity to buy extra shares from the company at a discounted price than buying them in the secondary market. The number of extra shares that can be bought depends on the existing shares of the shareholders.
Should You Subscribe to the Rights Issue?
There can be multiple reasons why a company announces a rights issue. They might want to raise funds to fund capital expenditure, meet working capital requirements or repay debts. Understanding the purpose of the issue and how they will utilise the funds will help you determine whether to subscribe to the rights issue or not.
As an investor, you should look for two factors to understand whether you can subscribe to the issue or not:
- For whatever purpose the company is raising money, it should have strong earning potential in the future.
- The offer price of the rights issue is less or equal to the intrinsic value of the share.
Now, as an investor, there are a few options that you can choose from if you are holding shares in a company that has come up with rights issues.
- You can utilise your rights and subscribe to the offer.
- You can deny the rights and not subscribe to the offer.
- You can opt for ‘right entitlement’, where you sell your rights (to subscribe to the new shares) to someone else.
FAQs
What are the benefits of the rights issue?
For an investor, when you apply for the issue, you get new shares at a discounted price. For the company, they can raise money without incurring underwriting expenses and advertising costs.
What are the risks of rights issues for an investor?
If you don’t subscribe to the offer, your stake will be diluted because of the increased number of shares.
Who is eligible for the rights issue?
The existing shareholders can apply for the rights issue. The company offers rights issues to the existing shareholders on the company’s records as of the cut-off date, which is popularly known as a record date. The company fixes this record date.
How many shares can I apply for in the rights issues?
The number of extra shares that can be bought depends on the existing shares of the shareholders. For example, you hold 100 shares in a company and if the company offers 20 shares for every 100 shares held at a discounted price of ₹20 per share. Then, you will get 20 shares at ₹20 per share.