Choice International Rights Issue 2022, Price, Ratio & Allotment Details

Choice International Rights issue 2022

Choice International Rights issue 2022 Date will be open from 01 February 2022 to 15 February 2022. The company has set a record date of the rights issue on 20 Jan 2022. The company will offer 99,51,200 Shares through this rights issue and through this issue and the company will collect ₹50.75 Crores. and the company Choice International Rights Issue Price of this issue has been announced at ₹51 per share as per the face value of ₹10.

Choice International as a Non – Deposit taking Non – Banking Financial Company (NBFC) registered with the RBI. We voluntarily surrendered our NBFC license in the year 2019 and the same was cancelled by RBI with effect from October 23, 2020. The Company, through its multiple subsidiaries, offers financial services across all platforms catering to retail and institutional clients, corporates and state and central governments.

The services are bifurcated into Retail services (B2C) and Institutional Services (B2B & B2G). The B2C services include Equity & commodity broking, Wealth Services and NBFC Services. The B2B services comprise of Management consulting, Investment Banking and government services like Infrastructure Consulting and Government Advisory.

Read also:- Share Buyback 2022 List

The Company holding company and Subsidiaries :

  • Choice Equity Broking Private Limited – deals in Equity, Currency & Commodity Broking – (Wholly owned Subsidiary)
  • Choice Consultancy Services Private Limited – deals in Infrastructure Consultancy & Government Advisory – (Wholly owned Subsidiary)
  • Choice Capital Advisors Private Limited – activities include Management Consulting & Investment Banking – (Wholly owned Subsidiary)
  • Choice Finserv Private Limited – NBFC activities – (Subsidiary)
  • Choice Finserv Private Limited – NBFC activities – (Subsidiary)
  • Choice Portfolio Management Services Private Limited – provides Portfolio Management Services – (Subsidiary)
  • Choice Tech Lab Solutions Private Limited – IT Solutions provider – (Step Down Subsidiary)
  • Choice Wealth Private Limited – deals in Mutual Fund Distribution – (Step Down Subsidiary)
  • Choice Corporate Services Private Limited – deals in Retail Loan Distribution – (Step Down Subsidiary)
  • Choice Retail Solutions Private Limited – provides Network Platform to enhance the Number of Business associates – (Step Down Subsidiary)

Choice International Rights issue Review :

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Choice International Rights issue Date & Price Details :

Issue Open :01 February 2022
Issue Close :15 February 2022
Record Date :20 January 2022
Issue Size :₹50.75 Cr
Face Value :₹51 Equity Share
Price Band :₹10 Per Share
Listing On :BSE,
Issue Shares Offer :99,51,200
Ratio :1:4
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Choice International Rights issue Important Date :

Bid Open Date :01 Feb 2022
Bid Close Date :15 Feb 2022
Record Date :20 Feb 2022
Allotment Date :24 Feb 2022
Share Credit Date :28 Feb 2022
Listing Date :01 Mar 2022

Choice International Financial Report (lakh) :

YearRevenueExpenseP&L
2021₹17,581.58₹15,300,03₹1,671.00
2020₹13,421.88₹11,601,52₹1,243.11
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How to apply Choice International Rights Issue :

  • Visit the registrar’s website
  • Go to the ‘Rights Issue’ section
  • Select Choice International Rights Issue from the dropdown.
  • Enter Demat Account Number.
  • Fill the online application form.
  • Validate and submit the application.

■ Letter Of Offer
■ Application Form

Choice International Rights Issue Lead Manager :

Saffron Capital Advisors Private Limited
605, Center Point, 6th floor,
Andheri Kurla Road, J. B. Nagar,
Andheri (East), Mumbai – 400 059,
Maharashtra, India.
Telephone: +91 22 4082 0914/915
Facsimile: +91 22 4082 0999
E-mail: [email protected]
Website: www.saffronadvisor.com

Choice International Rights Issue Registrar :

Cameo Corporate Services Limited
Subramanian Building,
No. 01, Club House Road,
Chennai- 600 002,
Tamil Nadu, India.
Telephone: +91044 4002 0700/ 0710/ 2846 0390
Email: [email protected]
Website: www.cameoindia.com

Company Address :

Choice Financial Services Limited
Shree Shakambari Corporate Park,
156,158, Chakrovarty Ashok Society,
J.B. Nagar, Andheri East,
Mumbai- 400099, Maharashtra, India
Telephone: +91 22 6707 9999
E-mail: [email protected]
Website: www.choiceindia.com

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Choice International Rights Issue 2022 FAQs :

What is Choice International Rights Issue Open Date?
Choice International Rights Issue 2022 Open date is 01 Feb 2022.

What is Choice International Rights Issue Close Date?
Choice International Rights Issue 2022 Close date is 15 Feb 2022.

When is Choice International Rights Issue Record Date?
Choice International Rights Issue 2022 record date is 20 Jan 2022.

What is N Choice International Rights Issue Price?
The company has fixed the price at ₹51 per share.

What is Choice International Rights Issue Size?
The company Choice International Rights Issue Size is ₹50.75 Cr.

What is Choice International Rights Issue Ratio?
The company has fixed the ratio Of 1:4.

How to apply for Choice International Rights Issue 2022?
You can apply for the Choice International Rights Issue in two ways:

1 – Net Banking (ASBA) 2 – Registrar’s Website


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Choice International Rights Issue 2022, Price, Ratio & Allotment Details
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