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Choice International Right Issue

Right Issue Status: Closed [1st Feb 2022 to 15th Feb 2022]

Rated 3.5/5 by Team InvestorGain

Choice International Right Issue Detail

Choice International right issue of Rs. 50.75 Cr opens for subscription from 1 Feb to 15 Feb 2022. The company issues 1 equity share for every 4 fully paid-up equity shares held on the record date, 20 Jan 2022. The face value of share is Rs. 10 per share and the right issue price is fixed at Rs. 51 per share, 5.1 times the face value. Stay updated with us to know more about the Choice International Right Issue including issue size, right issue entitlement, terms of payment, and more.

Choice International Right Issue Objective

The right issue aims to invest in a subsidiary, Choice Finserv Pvt Ltd to augment its capital base.

Choice International Right Issue Details

Choice International Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 99,51,200
Right Issue Issue Size (Amount) ₹50.75 Cr
Face Value ₹10 Per Equity Share
Right Issue - Issue Price ₹51 per share
Right Issue Record Date 20th Jan 2022
Right Issue Entitlement 1 Equity Shares for every 4 existing share
held by the eligible shareholder as on the Record date
Right Issue Terms of payment The full amount of the issue price of ₹51 per rights equity share
shall be payable at the time of application.
Listing At BSE
BSE Code 531358
NSE Code

Choice International Right Issue Dates

In this section we have covered all important dates related to Choice International Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

Choice International Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 1st Feb 2022
Right Issue Issue Close Date 15th Feb 2022
Basis of Allotment Finalisation Date* 24th Feb 2022
Refunds Initiation* 24th Feb 2022
Credit of Shares to Demat Account* 28th Feb 2022
Right Issue Listing Date* 1st Mar 2022

* - Tentative Dates

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About Company - Choice International

Choice International is a holding company that operates its business activities through a number of subsidiaries that offer financial services across all the platforms to cater to retail and institutional clients, corporates, and state and central governments. Its B2C services include equity & commodity broking, NBFC, and wealth services whereas B2B offerings include management consulting, investment banking, and government services i.e. infrastructure consulting and government advisory. The company's consolidated revenue from operations is reported to Rs. 16,874.35 lacs in fiscal 2021.

Choice International Financials for past 3 Years

Past performance and financial results of Choice International.

Choice International financial
Choice International Financials (₹ in Cr) 31-Mar-2021 31-Mar-2020
Total Assets ₹655.59 ₹502.80
Total Income ₹175.82 ₹134.22
Net Profit/Loss ₹16.71 ₹12.43

Choice International Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    Choice International Limited
    Shree Shakambari Corporate Park, 156,158, Chakrovarty Ashok Society, J.B. Nagar, Andheri East,
    Mumbai,Maharashtra-400009
    India
    Website: http://www.choiceindia.com/
    Phone: +91 22 6707 9999
    Email: [email protected]

    Registrar

    Cameo Corporate Services Limited
    Cameo Corporate Services Ltd.,
    Subramanian Building # 1, Club House Road,
    Chennai 600 002 - India
    Website: https://ipo.cameoindia.com/
    Phone: +91-44-28460390
    Email: [email protected]

    Lead Manager

    1. Saffron Capital Advisors Private Limited

    Choice International Right Issue Offer Document (Letter of Offer) >>Document

    Choice International Right Issue Offer Document (Letter of Offer) >>Choice International Right Issue Red Herring Prospectus is not yet available.

    Choice International Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    Choice International Right Issue Online Application (Registrar & Transfer Agent) >>Choice International Right Issue RTA information is not yet available.

    Choice International Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Choice International? Should I apply in Choice International Right Issue?

    Last Updated on 2022-04-06T10:34:55+00:00


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