Choice International Limited Right Issue

₹50.75 Cr BSE 1 Feb 2022 – 15 Feb 2022

Closed BSE
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Issue Price
₹51.00
Face Value
₹10.00
Issue Size (Shares)
9,951,200
Issue Size (₹ Cr.)
₹50.75
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateThu, Jan 20, 2022
Credit of Rights EntitlementsThu, Jan 27, 2022
Bid/Offer Opens OnTue, Feb 1, 2022
Issue Open DateTue, Feb 1, 2022
Renunciation Last DateThu, Feb 10, 2022
Bid/Offer Closes OnTue, Feb 15, 2022
Issue Close DateTue, Feb 15, 2022
Deemed Date of AllotmentThu, Feb 24, 2022
Credit DateMon, Feb 28, 2022
Listing DateTue, Mar 1, 2022
📋 Right Issue Details
Issue Size (Shares)9,951,200
Issue Size (Amount)₹50.75 Cr.
Issue Price₹51.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of PaymentThe entire amount of the issue price of ₹ 51/- per rights equity share shall be payable at the time of application.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-31FY I
Income1,758.151,342.18
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1993, Choice International operates its business through its subsidiaries and offers financial services across all platforms catering to retail and institutional clients, corporates, and state and central governments. These services are further divided into Retail services (B2C) and Institutional Services (B2B & B2G). The B2C services include Equity & commodity broking, Wealth Services, and NBFC Services, while the B2B services comprise Management consulting, Investment Banking, and government services like Infrastructure Consulting and Government Advisory.

The company's subsidiaries are:

Choice Equity Broking Private Limited (Wholly owned Subsidiary) - deals in Equity, Currency & Commodity Broking.
Choice Consultancy Services Private Limited (Wholly owned Subsidiary) - deals in Infrastructure Consultancy & Government Advisory.
Choice Capital Advisors Private Limited (Wholly owned Subsidiary) - activities include Management Consulting & Investment Banking.
Choice Finserv Private Limited (Subsidiary) - NBFC activities
Choice Portfolio Management Services Private Limited (Subsidiary) - provides Portfolio Management Services.
Choice Tech Lab Solutions Private Limited (Step Down Subsidiary) - IT Solutions provider
Choice Wealth Private Limited (Step Down Subsidiary) - deals in Mutual Fund Distribution
Choice Corporate Services Private Limited (Step Down Subsidiary) - deals in Retail Loan Distribution
Choice Retail Solutions Private Limited (Step Down Subsidiary) - provides Network Platform to enhance the Number of Business associates.
📞 Company Contact
CompanyChoice International Limited
AddressShree Shakambari Corporate Park,
156,158, Chakrovarty Ashok Society, J.B. Nagar,
Andheri East, Mumbai- 400099, Maharashtra
Andheri, Maharashtra, 400099
Phone+91 22 6707 9999
Emailkarishma.shah@choiceindia.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd.
Phone044-28460390
Emailpriya@cameoindia.com
WebsiteVisit ↗