Right Issue Status: Closed [21st Sep 2021 to 5th Oct 2021]
Praxis Home Retail Limited Right issue of 43599433 shares worth issue size of Rs. 49.49 Cr opens for subscription from 21 Sep to 5 October 2021. The company issues 11 right equity shares for every 8 fully paid-up equity shares held as on the record date, 8 Sep 2021. The right issue price is Rs. 11.35 per share and the full amount is payable on the application.
|Praxis Home Retail Issue Details||Values|
|Right Issue Issue Size (Shares)||4,35,99,433 Eq Shares|
|Right Issue Issue Size (Amount)||₹4,948.54 Lakh|
|Face Value||₹5 Per Equity Share|
|Right Issue - Issue Price||₹11.35 per share|
|Right Issue Record Date||8th Sep 2021|
|Right Issue Entitlement||11 Rights Equity Shares for every 8 fully paid-up Equity Shares held as on the Record date.|
|Right Issue Terms of payment||The full amount of the Issue Price being Rs. 11.35 will be payable on application.|
|Listing At||BSE, NSE|
In this section we have covered all important dates related to Praxis Home Retail 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||21st Sep 2021|
|Right Issue Issue Close Date||5th Oct 2021|
|Basis of Allotment Finalisation Date*||12th Oct 2021|
|Refunds Initiation*||12th Oct 2021|
|Credit of Shares to Demat Account*||13th Oct 2021|
|Right Issue Listing Date*||18th Oct 2021|
* - Tentative Dates
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Praxis Home Retail Limited operates brick-and-mortar stores of home furniture and home fashion under the brand name HomeTown. The company provides a wide range of office and home furniture, home furnishing goods, kitchenware, and other home-related services i.e. home designing, modular kitchen, etc. It further offers different types of accessories i.e. clocks, wall hangings, and decor under a one-stop shop. The company has a strong pan India presence with 44 stores across 28 cities.
Past performance and financial results of Praxis Home Retail.
|Praxis Home Retail Financials||31-Mar-2021||31-Mar-2020|
|Total Assets||₹397.24 Cr||₹625.10 Cr|
|Total Income||₹378.67 Cr||₹703.72 Cr|
|Net Profit/Loss||₹(103.22) Cr||₹(80.72) Cr|
Praxis Home Retail Right Issue Offer Document (Letter of Offer) >>Document
Praxis Home Retail Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Last Updated on 2021-10-25T10:00:36+00:00
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