Cressanda Solutions Limited Right Issue

₹49.30 Cr BSE 27 Jun 2023 – 11 Jul 2023

Closed Ratio: 6 : 97 BSE
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Issue Price
₹20.00
Face Value
₹1.00
Issue Size (Shares)
24,649,206
Issue Size (₹ Cr.)
₹49.30
📅 Right Issue Timetable
Last Date to Buy SharesThu, Jun 15, 2023
Record DateFri, Jun 16, 2023
Credit of Rights EntitlementsWed, Jun 21, 2023
Bid/Offer Opens OnTue, Jun 27, 2023
Issue Open DateTue, Jun 27, 2023
Renunciation Last DateWed, Jul 5, 2023
Bid/Offer Closes OnTue, Jul 11, 2023
Issue Close DateTue, Jul 11, 2023
Deemed Date of AllotmentMon, Jul 17, 2023
Credit DateWed, Jul 19, 2023
Listing DateMon, Jul 24, 2023
📋 Right Issue Details
Issue Size (Shares)24,649,206
Issue Size (Amount)₹49.30 Cr.
Issue Price₹20.00 per share
Face Value₹1.00 per share
Entitlement Ratio6 : 97
Listing AtBSE
Terms of PaymentThe full amount is payable on application.
📊 Company Financials (Restated)
Period Ended2022-03-312021-03-312020-03-31
Income0.240.09
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1983, Cressanda Solutions Limited is engaged in providing Information technology (IT), Digital Media, and IT-enabled services.

The company provides two types of products: Technology nXT and Infra nXT.

Technology nXT introduces disruptiveness in business processes to lower TAT (Turnaround time), incorporate simplicity, and standardization of business operations, enabling domain expertise and offering value-for-money solutions to the end customer. As part of the Technology nXT strategy, the company has acquired 'Lucida Technologies' a Bangalore-based Technology firm specializing in the areas of Digital and Analytics solutions, Machine Learning, and Artificial Intelligence.

Infra nXT projects will boast of Infrastructure projects based on the concept of tech n touch, to deliver efficient, connected, resilient, and agile assets, to build efficiency in operation, lowering TAT, and increasing employment, across industries. Focusing on verticals like healthcare, education, livelihood, financial services, and transportation amongst others.
📞 Company Contact
CompanyCressanda Solutions Limited
AddressFlat no.12A, 3rd Floor,
Embassy Centre, Jamnalal Bajaj Marg,
Plot no 207, Nariman Point Mumbai - 400 021
Nariman Point, Maharashtra, 400021
Phone+91-8169245676
Emailinfo@cressanda.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd.
Phone011-26812682
Emailipo@skylinerta.com
WebsiteVisit ↗