Nxtdigital Rights issue Date will be open Date 15 November 2021 and closes on 29 November 2021. The company has set a record date of the rights issue on 25 October 2021. The company will offer 96,20,463 Shares through this rights issue and through this issue and the company will collect ₹288.61 Crores. and the company Nxtdigital Rights Issue Price of this issue has been announced at ₹300 per share as per the face value of ₹10.
NXT DIGITAL Limited (NDL) is the flagship media business of the global Hinduja Group. The media and communications company is India’s only integrated Digital Delivery Platforms company in the country – delivering services via satellite, digital cable, and broadband. With a pan-India presence, NXT DIGITAL delivers television services through a dual delivery platform consisting of the terrestrial fiber route and the country’s only Headend-In-The-Sky (HITS) satellite platform, under the brand names in digital and NXT DIGITAL respectively.
The Company’s Digital Cable television platform delivers over 750+ channels across 100+ cities and towns whilst the HITS service is available in more than 1,500 cities and towns – with a significant presence in the fastest-growing demographics of semi-urban, semi-rural and rural India. The company, which has entered its 25th year of operation is well established nationally through a franchisee base of over 9,000+ Local Cable Operators; delivering digital services to millions of customers across the length and breadth of the country.
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A game-changer in the industry, the HITS platform enables the Company to also function as a managed service provider to Multi-System Operators (MSOs); providing them with an unprecedented choice of channels and a high level of quality of service – at cost-effective prices. With its state-of-the-art HITS facility and data centers, it is the only company that can offer direct-to-network services to any corner of the country.
Other than Television services, its subsidiary ONEOTT Intertainment Limited has a strong presence in Broadband and Internet services in 40 cities. Its services under the brand “ONE Broadband” provide converged services of Video, Data, and Voice to consumers by delivering high-speed internet and services across multiple cities in India. With “ONE Gigafiber”, the broadband company also provides FTTH (Fibre To The Home) services for consumers – providing speeds up to 1,000Mbps.
Nxtdigital Rights issue Review :
■ Apply for Long Term
Nxtdigital Rights issue Date & Price Details :
| Issue Open : | 15 November 2021 |
| Issue Close : | 29 November 2021 |
| Record Date : | 25 October 2021 |
| Issue Size : | ₹288.61 Cr |
| Face Value : | ₹10 Rs. |
| Price Band : | ₹300 Per Share |
| Listing On : | BSE, NSE |
| Issue Shares Offer : | 96,20,463 |
| Ratio : | 5:2 |
Nxtdigital Rights issue Important Date :
| Bid Open Date | 15 November 2021 |
| Bid Close Date : | 29 November 2021 |
| Record Date : | 25 October 2021 |
| Allotment Date : | 03 December 2021 |
| Share Credit Date : | 06 December 2021 |
| Listing Date : | 08 December 2021 |
Nxtdigital Financial Report (Lakh) :
| Year | Revenue | Expense | P&L |
| 2021 | ₹1,00,845.07 | ₹1,12,300.92 | ₹1636.07 |
| 2020 | ₹1,16,209.96 | ₹1,13,763.33 | ₹10,967.72 |
Promoters & Board Of Directors :
| Name | Designation |
| Mr. Ashok Parmanand Hinduja | Chairman and Non-Executive Director |
| Mr. Anil Harish | Independent Director |
| Mr. Prashant Khatau Asher | Independent Director |
| Ms. Bhumika Batra | Independent Director |
| Mr. Sudhanshu Kumar Tripathi | Non-Executive Director |
| Mr. Munesh Khanna | Additional (Independent) Director* |
| Mr. Vynsley Fernandes | Managing (Additional) Director and CEO |
| Mr. Amar Chintopanth | Whole Time Director and CFO |
How to apply Nxtdigital Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select Nxtdigital Rights Issue from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
Quick link :
Nxtdigital Rights Issue Lead Manager :
Vivro Financial Services Private Limited
607/608 Marathon Icon, Opp. Peninsula Corporate Park,
Off. Ganpatrao Kadam Marg, Veer Santaji Lane,
Lower Parel, Mumbai – 400013 Maharashtra, India.
Telephone: +91 22 6666 8040
Email: [email protected]
Website: www.vivro.net
Investor Grievance Email: [email protected]
Nxtdigital Rights Issue Registrar :
KFin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad 500 032
Telangana, India.
Tel: +91 40 6716 2222
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.kfintech.com
Company Address :
NXT DIGITAL Limited
IN CENTRE, 49/50 MIDC, 12th Road,
Andheri (East), Mumbai – 400 093,
Maharashtra, India.
Telephone: +91 22 2820 8585
Contact Person: Mr. Ashish Pandey,
Email: [email protected]
Website: www.nxtdigital.co.in
Nxtdigital Rights Issue FAQs :
What is Nxtdigital Rights Issue Open Date?
Nxtdigital Rights Issue 2021 Open date is 15 November 2021.
What is Nxtdigital Rights Issue Close Date?
Nxtdigital Rights Issue 2021 Close date is 29 November 2021.
When is Nxtdigital Rights Issue Record Date?
Nxtdigital Rights Issue 2021 record date is 25 October 2021.
What is Nxtdigital Rights Issue Price?
The company has fixed the price at ₹300 per share.
What is Nxtdigital Rights Issue Size?
The company Nxtdigital Rights Issue Size is ₹288.61 Cr.
What is Nxtdigital Rights Issue Ratio?
The company has fixed the ratio Of 5:2.
How to apply for Nxtdigital Rights Issue 2021?
You can apply for the Nxtdigital Rights Issue in two ways:
1 – Net Banking (ASBA) 2 – Registrar’s Website
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