Rapid Investments Ltd Right Issue

₹8.40 Cr BSE 26 Sep 2024 – 10 Oct 2024

Closed Ratio: 25 : 39 BSE
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Issue Price
₹100.00
Face Value
₹10.00
Issue Size (Shares)
839,744
Issue Size (₹ Cr.)
₹8.40
📅 Right Issue Timetable
Last Date to Buy SharesTue, Sep 17, 2024
Record DateWed, Sep 18, 2024
Credit of Rights EntitlementsTue, Sep 24, 2024
Bid/Offer Opens OnThu, Sep 26, 2024
Issue Open DateThu, Sep 26, 2024
Renunciation Last DateFri, Oct 4, 2024
Bid/Offer Closes OnThu, Oct 10, 2024
Issue Close DateThu, Oct 10, 2024
Deemed Date of AllotmentMon, Sep 16, 2024
Credit DateWed, Sep 18, 2024
Listing DateWed, Sep 18, 2024
📋 Right Issue Details
Issue Size (Shares)839,744
Issue Size (Amount)₹8.40 Cr.
Issue Price₹100.00 per share
Face Value₹10.00 per share
Entitlement Ratio25 : 39
Listing AtBSE
Terms of PaymentThe entire amount of Rs 100 (including a premium of Rs 90) is payable at the time of application
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income1.950.360.50
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in June 1978, Rapid Investments Limited is a non-banking financial company registered with the RBI as a systemically important non-deposit accepting NBFC. It provides loans for home construction/purchase and MSME finance.

The company currently operates in Rajasthan, with over 10 branches, and has ambitious branch expansion and loan growth plans in the State.

The company offers mortgage loans against the borrower's primary residence for home construction, extension/improvement, and MSME finance.

As of December 31, 2023, the company had 18 full-time employees.
📞 Company Contact
CompanyRapid Investments Ltd
Address107, Turf Estate
Off Dr E Moses Road, Shakti Mill Lane
Mahalaxmi, Mumbai 400011
Mumbai, Maharashtra, 400011
Phone9322687149
Emailinvestors@rapidinvestments.co.in
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailrapid.rights@linkintime.co.in
WebsiteVisit ↗