Maharashtra Corporation Rights Issue 2022, Price, Ratio & Allotment Details

Maharashtra Corporation Rights Issue 2022

Maharashtra Corporation Rights issue 2022 Date will be open from 19 July 2022 and closes on 02 August. The company has set a record date of the rights issue on 08 July 2022. The company will offer 49,62,22,210 Shares through this rights issue and through this issue and the company will collect ₹49.62 Crores. and the company Maharashtra Corporation Rights Issue Price of this issue has been announced at ₹1.00 per share as per the face value of ₹1.

  • Update . The company extended rights issue end date of 17 August 2022.

Maharashtra Corporation limited is engaged in the business of investing, trading, and distribution of textiles products, such as gunnies, handicrafts, hessian, tea, shellac, tobacco, hides, skins, kapocks, cotton, cotton goods, myrobalan, nux, indigo, oils, oilcakes, fertilizers, manure, rubber, dates, rice, seeds, chemicals, colour, paints, pigments, timber, iron, steel, carpets and all kinds of goods, products, commodities, articles and things manufactured from or containing in any manner and from any of the foregoing commodities and all goods, products, commodities, articles and things.

Read also:- Share Buyback 2022 List

Object of the Issue :

  • To finance the purchase, development and construction related expenditures of our Planned Project
  • General Corporate Purposes

Maharashtra Corporation Rights issue Review :

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Maharashtra Corporation Rights issue 2022 Date & Price Details :

Issue Open :19 July 2022
Issue Close :17 Aug 2022
Record Date :08 July 2022
Issue Size :49.62 Cr
Face Value :₹1 Rs. Equity Share
Price Band :1.00 Per Share
Listing On :BSE
Issue Shares Offer :49,62,22,210
Ratio :11:3
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Maharashtra Corporation Rights issue 2022 Date :

Bid Open Date :19 July 2022
Bid Close Date :17 Aug 2022
Record Date :08 July 2022
Allotment Date :Update Soon
Share Credit Date :Update Soon
Listing Date :Update Soon

Maharashtra Corporation Financial Report (lakh):

YearRevenueExpenseP&L
2019₹41.79₹41.23₹0.56
2018₹1.91₹9.22₹7.31
Upstox Referal

How to apply Maharashtra Corporation Rights Issue :

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

Quick link :

■ Letter Of Offer
■ Application Form

Maharashtra Corporation Rights Issue Lead Manager :

Capital Sauare Advisors Private Limited
205-209, 2nd Floor, AARPEE Center,
MIDC Road No 11, CTS 70, Andheri (East),
Mumbai – 400093, Maharashtra, India
Tel: +91-22-66849999/ 145/ 138;
Website: www.capitalsquare.in;
E-mail/Investor grievance ID: [email protected]/

Maharashtra Corporation Rights Issue Registrar :

Adroit Corporate Services Private Limited
18-20, Jafrebhoy Industrial Estate,
Makwana Road, Marol Naka, Andheri
(East), Mumbai-400059, Maharashtra, India;
Tel: +91-22-28594060;
Website: www.adroitcorporate.com
E-mail/Investor grievance ID: [email protected]

Company Address :

Maharashtra Corporation Limited
907/908, Dev Plaza, S.V. Road,
Andheri (West), Mumbai – 400058,
Maharashtra, India
Tele: +91-022-67424815
Email-ID: [email protected]
Website: www.mahacorp.in.

Maharashtra Corporation Rights Issue 2022 FAQs :

What is Maharashtra Corporation Rights Issue Open Date?
Maharashtra Corporation Rights Issue 2022 Open date is 19 July 2022.

What is Maharashtra Corporation Rights Issue Close Date?
Maharashtra Corporation Rights Issue 2022 Close date is 17 Aug 2022.

When is Maharashtra Corporation Rights Issue 2022 Record Date?
Maharashtra Corporation Rights Issue 2022 record date is 08 July 2022.

What is Maharashtra Corporation Rights Issue Price?
The company has fixed the price at ₹1.00 per share.

What is Maharashtra Corporation Rights Issue 2022 Size?
The company Maharashtra Corporation Rights Issue Size is ₹49.62 Cr.

What is Maharashtra Corporation Rights Issue Ratio?
The company has fixed the ratio Of 11:3.

How to apply for Maharashtra Corporation Rights Issue 2022?
You can apply for the Maharashtra Corporation Rights Issue in two ways:

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


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Maharashtra Corporation Rights Issue 2022, Price, Ratio & Allotment Details
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