Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Right Issue Status: Closed [27th Jun 2023 to 11th Jul 2023]
Cressanda Solutions Limited offers Right Issue size of 24,649,206 equity shares worth of Rs 49.30 Cr. The subscription for this Rights Issue is opening from 27 Jun 2023 to 11 July 2023. The company issues 6 Rights equity shares for every fully paid-up 97 equity shares held on the record date of 16 Jun 2023. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 20 per share.
Stay updated with us to know more about the Cressanda Solutions Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.
| Cressanda Solutions Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 2.46 Cr Shares |
| Right Issue Issue Size (Amount) | ₹49.30 Cr |
| Face Value | ₹1 Per Equity Share |
| Right Issue - Issue Price | ₹20 per share |
| Right Issue Record Date | 16th Jun 2023 |
| Right Issue Entitlement | 6 Rights Equity Share(s) for every 97 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | The full amount is payable on application. |
| Listing At | BSE |
| BSE Code | 512379 |
| NSE Code |
In this section we have covered all important dates related to Cressanda Solutions 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.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 27th Jun 2023 |
| Right Issue Issue Close Date | 11th Jul 2023 |
| Basis of Allotment Finalisation Date* | 17th Jul 2023 |
| Refunds Initiation* | 5th Jul 2023 |
| Credit of Shares to Demat Account* | 19th Jul 2023 |
| Right Issue Listing Date* | 24th Jul 2023 |
* - Tentative Dates
Zerodha Trade@20
Cressanda Solutions Limited, an Indian company incorporated in 1983 and listed on the BSE, provides cutting-edge information technology (IT), digital media and IT services.
As part of its Technology nXT strategy, the company acquired 'Lucida Technologies', a Bangalore-based technology company specializing in digital and analytical solutions, machine learning and artificial intelligence. Lucida serves numerous clients in India, Malaysia, Singapore, Europe, the UK and the US across various sectors and industries. And that's just the beginning, as there are many more niche companies with whom the company is in discussions about potential partnerships to create significant value for all stakeholders and customers.
To successfully execute such projects, Cressanda has teamed up with world-class partners and brought on board top-notch talent with deep expertise. In its quest to achieve its goals, the company has already acquired Lucida Technologies and bid for a major institutional concierge project to improve the overall customer experience.
An everlasting positive influence, inclusivity and integrity are at the core of Cressanda's value system, which can be found at MISSION, to provide a superior user experience through technology and innovation. And they divide their focus areas into Technology nXT and Infra nXT. Cressanda works with the best in the industry and focuses on building a network of diverse companies and individuals with different expertise and experience around the world.
Past performance and financial results of Cressanda Solutions.
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-18 | 24.36 | 0.11 | -0.01 |
| 31-Mar-19 | 24.27 | -0.09 | |
| 31-Mar-20 | 24.25 | -0.09 | |
| 31-Mar-21 | 24.20 | 0.09 | 0.00 |
| 31-Mar-22 | 41.11 | 0.24 | 0.27 |
| Amount in ₹ Crore | |||
The table below is live update of Right Issue bidding details from NSE and BSE.
Cressanda Solutions Right Issue Offer Document (Letter of Offer) >>Document
Cressanda Solutions Right Issue Offer Document (Letter of Offer) >>Cressanda Solutions Right Issue Red Herring Prospectus is not yet available.
Cressanda Solutions Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Cressanda Solutions Right Issue Online Application (Registrar & Transfer Agent) >>Cressanda Solutions Right Issue RTA information is not yet available.
Last Updated on 2023-07-14T03:31:03+00:00
