Rights Issue

Companies sometimes offer rights issues to existing shareholders. This gives shareholders the chance to buy additional shares at a discount, potentially boosting their ownership. Consider subscribing if the company has strong future earnings potential and the discounted price is attractive. Investors who don't subscribe risk dilution (their ownership percentage decreases) due to more shares being issued. Existing shareholders on record at a set date are eligible. The number of additional shares you can buy is based on your current holdings. Read more

PMC Fincorp

PMCFIN

Rights Ratio

1:3

Premium

1.75

Announcement

22 Oct 2024

Record Date

25 Oct 2024

Ex-Rights

25 Oct 2024

View Details

Hindware Home Innovation Limited

HINDWAREAP

Rights Ratio

119:758

Premium

218

Announcement

18 Oct 2024

Record Date

25 Oct 2024

Ex-Rights

25 Oct 2024

View Details

Mercury Trade Links

MERCTRD

Rights Ratio

4:1

Premium

34.95

Announcement

18 Oct 2024

Record Date

24 Oct 2024

Ex-Rights

24 Oct 2024

View Details

Diligent Industries

DILIGENT

Rights Ratio

6:5

Premium

2.6

Announcement

17 Oct 2024

Record Date

24 Oct 2024

Ex-Rights

24 Oct 2024

View Details

DMR Hydroengineering & Infrastructures

DMR

Rights Ratio

1:20

Premium

130

Announcement

15 Oct 2024

Record Date

22 Oct 2024

Ex-Rights

22 Oct 2024

View Details

Thinkink Picturez

THINKINK

Rights Ratio

11:5

Premium

0.5

Announcement

15 Oct 2024

Record Date

18 Oct 2024

Ex-Rights

18 Oct 2024

View Details

Bella Casa Fashion & Retail

BELLACASA

Rights Ratio

1:6

Premium

251

Announcement

17 Oct 2024

Record Date

19 Oct 2024

Ex-Rights

18 Oct 2024

View Details

IGC Industries

IGCIL

Rights Ratio

29:2

Premium

Announcement

15 Oct 2024

Record Date

18 Oct 2024

Ex-Rights

18 Oct 2024

View Details

Edvenswa Enterprises

EDVENSWA

Rights Ratio

20:41

Premium

Announcement

07 Oct 2024

Record Date

14 Oct 2024

Ex-Rights

14 Oct 2024

View Details

Ushanti Colour Chem

UCL

Rights Ratio

5:100

Premium

Announcement

07 Oct 2024

Record Date

11 Oct 2024

Ex-Rights

11 Oct 2024

View Details

Kretto Syscon

KRETTOSYS

Rights Ratio

3:1

Premium

Announcement

07 Oct 2024

Record Date

11 Oct 2024

Ex-Rights

11 Oct 2024

View Details

A R C Finance

ARCFIN

Rights Ratio

4:5

Premium

0.2

Announcement

04 Oct 2024

Record Date

10 Oct 2024

Ex-Rights

10 Oct 2024

View Details

Mittal Life Style

MITTAL

Rights Ratio

1:2

Premium

Announcement

30 Sep 2024

Record Date

03 Oct 2024

Ex-Rights

03 Oct 2024

View Details

Geojit Financial Services

GEOJITFSL

Rights Ratio

1:6

Premium

Announcement

01 Oct 2024

Record Date

07 Oct 2024

Ex-Rights

07 Oct 2024

View Details

Purple Finance

PURPLEFIN

Rights Ratio

1:3

Premium

Announcement

12 Sep 2024

Record Date

26 Sep 2024

Ex-Rights

26 Sep 2024

View Details

Sahana Systems

SAHANA

Rights Ratio

1:15

Premium

880

Announcement

24 Sep 2024

Record Date

25 Sep 2024

Ex-Rights

25 Sep 2024

View Details

Rapid Investments

RAPIDIN

Rights Ratio

25:39

Premium

Announcement

12 Sep 2024

Record Date

18 Sep 2024

Ex-Rights

17 Sep 2024

View Details

Narmada Agrobase

NARMADA

Rights Ratio

9:5

Premium

Announcement

12 Sep 2024

Record Date

16 Sep 2024

Ex-Rights

13 Sep 2024

View Details

Sadhana Nitro Chem

SADHNANIQ

Rights Ratio

1:3

Premium

5.06

Announcement

06 Sep 2024

Record Date

13 Sep 2024

Ex-Rights

13 Sep 2024

View Details

Tilak Ventures

TILAK

Rights Ratio

1:1

Premium

1.2

Announcement

09 Sep 2024

Record Date

13 Sep 2024

Ex-Rights

13 Sep 2024

View Details

Advik Capital

ADVIKCA

Rights Ratio

14:30

Premium

1.5

Announcement

10 Sep 2024

Record Date

12 Sep 2024

Ex-Rights

12 Sep 2024

View Details

Emerald Leisures

EMERALL

Rights Ratio

2:1

Premium

7.5

Announcement

09 Sep 2024

Record Date

10 Sep 2024

Ex-Rights

10 Sep 2024

View Details

Synergy Green Industries

SGIL

Rights Ratio

1:10

Premium

315

Announcement

09 Sep 2024

Record Date

11 Sep 2024

Ex-Rights

11 Sep 2024

View Details

Ganesha Ecoverse

GANVERSE

Rights Ratio

6:5

Premium

Announcement

03 Sep 2024

Record Date

09 Sep 2024

Ex-Rights

09 Sep 2024

View Details

Patel Integrated Logistics

PATINTLOG

Rights Ratio

8:103

Premium

Announcement

28 Aug 2024

Record Date

06 Sep 2024

Ex-Rights

06 Sep 2024

View Details

Oriental Trimex

ORIENTALTL

Rights Ratio

3:2

Premium

Announcement

31 Aug 2024

Record Date

05 Sep 2024

Ex-Rights

05 Sep 2024

View Details

Srivari Spices & Foods

SSFL

Rights Ratio

1:5

Premium

165

Announcement

30 Aug 2024

Record Date

04 Sep 2024

Ex-Rights

04 Sep 2024

View Details

SRU Steels

SRUSTEELS

Rights Ratio

4:1

Premium

Announcement

27 Aug 2024

Record Date

31 Aug 2024

Ex-Rights

30 Aug 2024

View Details

Ducon Infratechnologies

DUCON

Rights Ratio

1:4

Premium

Announcement

26 Aug 2024

Record Date

30 Aug 2024

Ex-Rights

30 Aug 2024

View Details

Vardhman Polytex

VARDMNPOLY

Rights Ratio

7:23

Premium

Announcement

22 Aug 2024

Record Date

28 Aug 2024

Ex-Rights

28 Aug 2024

View Details

Modern Engineering and Projects

MEAPL

Rights Ratio

4:1

Premium

Announcement

20 Aug 2024

Record Date

26 Aug 2024

Ex-Rights

26 Aug 2024

View Details

Akshar Spintex

AKSHAR

Rights Ratio

13:8

Premium

Announcement

19 Aug 2024

Record Date

23 Aug 2024

Ex-Rights

23 Aug 2024

View Details

Dhyaani Tradeventtures

DHYAANITR

Rights Ratio

3:1

Premium

Announcement

21 Aug 2024

Record Date

23 Aug 2024

Ex-Rights

23 Aug 2024

View Details

Atal Realtech

ATALREAL

Rights Ratio

1:2

Premium

Announcement

20 Aug 2024

Record Date

22 Aug 2024

Ex-Rights

22 Aug 2024

View Details

A F Enterprises

AFEL

Rights Ratio

3:2

Premium

Announcement

09 Aug 2024

Record Date

16 Aug 2024

Ex-Rights

16 Aug 2024

View Details

Vinny Overseas

VINNY

Rights Ratio

1:1

Premium

Announcement

13 Aug 2024

Record Date

14 Aug 2024

Ex-Rights

14 Aug 2024

View Details

Orient Green Power Company

GREENPOWER

Rights Ratio

10:51

Premium

Announcement

06 Aug 2024

Record Date

13 Aug 2024

Ex-Rights

13 Aug 2024

View Details

Swiss Military Consumer Goods

NETWORK

Rights Ratio

1:5

Premium

10.5

Announcement

26 Jul 2024

Record Date

09 Aug 2024

Ex-Rights

09 Aug 2024

View Details

Luharuka Media & Infra

LUHARUKA

Rights Ratio

1:1

Premium

Announcement

31 Jul 2024

Record Date

02 Aug 2024

Ex-Rights

02 Aug 2024

View Details

Vishvprabha Ventures

VISVEN

Rights Ratio

9:11

Premium

Announcement

02 Aug 2024

Record Date

07 Aug 2024

Ex-Rights

07 Aug 2024

View Details

Nirman Agri Genetics

NIRMAN

Rights Ratio

11:32

Premium

229

Announcement

25 Jul 2024

Record Date

29 Jul 2024

Ex-Rights

29 Jul 2024

View Details

Tata Consumer Products

TATACONSUM

Rights Ratio

1:26

Premium

817

Announcement

23 Jul 2024

Record Date

27 Jul 2024

Ex-Rights

26 Jul 2024

View Details

Jaykay Enterprises

JKSYNTHETC

Rights Ratio

1:1

Premium

Announcement

16 Jul 2024

Record Date

19 Jul 2024

Ex-Rights

19 Jul 2024

View Details

Shrydus Industries

SHRYDUS

Rights Ratio

5:3

Premium

Announcement

09 Jul 2024

Record Date

19 Jul 2024

Ex-Rights

19 Jul 2024

View Details

GACM Technologies

GATECH

Rights Ratio

1:1

Premium

Announcement

11 Jul 2024

Record Date

16 Jul 2024

Ex-Rights

16 Jul 2024

View Details

Indowind Energy

INDOWIND

Rights Ratio

1:5

Premium

12.5

Announcement

10 Jul 2024

Record Date

16 Jul 2024

Ex-Rights

16 Jul 2024

View Details

GACM Technologies -DVR

GATECHDVR

Rights Ratio

1:1

Premium

Announcement

11 Jul 2024

Record Date

16 Jul 2024

Ex-Rights

16 Jul 2024

View Details

Lesha Industries

LESHAIND

Rights Ratio

8:5

Premium

1.8

Announcement

05 Jul 2024

Record Date

12 Jul 2024

Ex-Rights

12 Jul 2024

View Details

Globesecure Technologies

GSTL

Rights Ratio

3:4

Premium

Announcement

10 Jul 2024

Record Date

12 Jul 2024

Ex-Rights

12 Jul 2024

View Details

Sharat Industries

SHARTSEFOD

Rights Ratio

13:20

Premium

Announcement

04 Jul 2024

Record Date

12 Jul 2024

Ex-Rights

12 Jul 2024

View Details

Suraj Industries

SURJIND

Rights Ratio

7:30

Premium

Announcement

04 Jul 2024

Record Date

10 Jul 2024

Ex-Rights

10 Jul 2024

View Details

Sar Televenture

SARTELE

Rights Ratio

1:1

Premium

198

Announcement

05 Jul 2024

Record Date

09 Jul 2024

Ex-Rights

09 Jul 2024

View Details

Inventure Growth & Securities

INVENTURE

Rights Ratio

1:4

Premium

1.33

Announcement

25 Jun 2024

Record Date

05 Jul 2024

Ex-Rights

05 Jul 2024

View Details

Nandani Creation

JAIPURKURT

Rights Ratio

100:224

Premium

Announcement

03 Jul 2024

Record Date

04 Jul 2024

Ex-Rights

04 Jul 2024

View Details

Open Free Demat Account with Angel One

With ₹0 brokerage for first 30 days*

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.