Right Issue Status: Closed [1st Feb 2021 to 15th Feb 2021]
Incorporated in the year 2008, L&T Finance Holding Ltd is one of the leading private sector non-banking financial companies in India in terms of adjusted loans and assets under management. The company offers financing solutions under rural finance, housing finance, infrastructure finance, and investment management. It operates with its 206 branches in 199 cities in 21 states and 1 union territory. For its microloan business, the company has 1,446 meeting centers covering 294 districts across 16 states in India, as of September 30, 2020.
LT Finance Holdings Limited Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|LT Finance Holdings Limited Issue Details||Values|
|Right Issue Issue Size(Shares)||46.13 Cr Eq Shares|
|Right Issue Issue Size(Amount)||₹2,998.61 Cr|
|Face Value||₹10 Per Equity Share|
|Right Issue Issue Price||₹65|
|Right Issue Record Date||22nd Jan 2021|
|Right Issue Entitlement||17 Rights Equity Share for every 74 Equity Shares held on the Record Date|
|Right Issue Terms of payment||The full amount of ₹65 per Rights Equity Share is payable on Application.|
|Listing At||BSE, NSE|
L&TFH Ltd’s revenue has fallen by 0.78% to Rs 522.38 Cr for the FY2019-20 from the past years’ revenue of 1627.26 Cr FY2018-19 and revenue for FY2017-18 was Rs 526.48 Cr. This decline takes place as the company has suspended its operations due to lockdown during the pandemic and the whole tourism industry has a big setback.
EBIT for FY2019-20 is Rs 484.49 Cr as against Rs 506.08 Cr in FY2018-19, which shows the decline of 4.27%. L&T Finance Holding Ltd has posted a lower PAT (Net Profit) of Rs 266.81 Cr (Rs 267.06 Crore in FY2018-19).
|Title||FY 2020||FY 2019|
|Total revenue||522.4 Cr||526.5 Cr|
|PAT||266.81 Cr||267.1 Cr||EBITDA||4849.7 Cr||506.19 Cr|
|Total Assets||10,048.9 Cr||9,186.9 Cr|
|Net profit margin||56.11%||53.39%|
|Interest coverage ratio (times)||1.37||1.16||EBIT||484.49||506.08|
|Reserves and surplus||5658.75 Cr||5709.60 Cr|
|Long term borrowings||1,742.79 Cr||1,167.48 Cr|
|Short term borrowings||0.00||0.00|
|Debt to equity||0.22||0.15|
In this section we have covered all important dates related to LT Finance Holdings Limited 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||1st Feb 2021|
|Right Issue Issue Close Date||15th Feb 2021|
|Basis of Allotment Finalisation Date*||Not Yet Announced|
|Refunds Initiation*||Not Yet Announced|
|Credit of Shares to Demat Account*||Not Yet Announced|
|Right Issue Listing Date*||Not Yet Announced|
* - Tentative Dates
Do you know you could save the brokerage cost significantly by moving to online discount stock broker? Our expert team compare top share brokers in India to help investors like you. STOP paying Demat AMC, brokerage in %, PCM fee and high stamp duty today.
LT Finance Holdings Limited Right Issue Offer Document (Letter of Offer) >>Document
LT Finance Holdings Limited Right Issue Online Application (Registrar & Transfer Agent) >>LT Finance Holdings Limited Right Issue RTA information is not yet available.
Last Updated on 2021-01-24T02:55:09+00:00