Rainbow Foundation Rights issue 2022 Date will be open from 25 March 2022 to 18 April 2022. The company has set a record date of the rights issue on 11 March 2022. The company will offer 4,41,04,800 Shares through this rights issue and through this issue and the company will collect ₹48.51 Crores. and the company Rainbow Foundation Rights Issue Price of this issue has been announced at ₹11 per share as per the face value of ₹1.
Rainbow Foundation established in 1994, Rainbow Foundation Ltd Company is engaged in identifying, developing & promoting highly potential real estates for the purpose of development and selling of commercial and Residential Apartments in various places of Tamil Nadu. The Company has also acquired land in the tourist town of Kodaikanal, which is located in the Palani Hills in the state of Tamil Nadu. The company proposes to set up a Resort Complex on Vacation Time Sharing (VTS) basis.
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Rainbow Foundation Rights issue Review :
■ AVOID
Rainbow Foundation Rights issue Date & Price Details :
| IPO Open : | 25 March 2022 |
| Issue Close : | 18 April 2022 |
| Record Date : | 11 March 2022 |
| Issue Size : | ₹48.51 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹11 Per Share |
| Listing On : | BSE, |
| Issue Shares Offer : | 4,41,04,800 |
| Ratio : | 8:1 |
Rainbow Foundation Rights issue Important Date :
| Bid Open Date : | 25 March 2022 |
| Bid Close Date : | 18 April 2022 |
| Record Date : | 26 April 2022 |
| Allotment Date : | 28 Apr 2022 |
| Share Credit Date : | 28 Apr 2022 |
| Listing Date : | 02 May 2022 |
Rainbow Foundation Financial Report (lakh):
| Year | Revenue | Expense | P&L |
| 2021-6M | ₹2,222.58 | ₹2,195.71 | ₹26.87 |
| 2021 | ₹3,768.32 | ₹3,615.97 | ₹114.38 |
| 2020 | ₹2,915.97 | ₹2683.40 | ₹170.13 |
| 2019 | ₹3,966.23 | ₹3,849.82 | ₹64.12 |
How to apply Rainbow Foundation Rights Issue :
- Visit the registrar’s website
- Go to the ‘Rights Issue’ section
- Select Rainbow Foundation 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
Rainbow Foundation Rights Issue Lead Manager :
Turnaround Corporate Advisors Private Limited
714, Vishwadeep Building, Plot No. 4, District Centre,
Janakpuri, New Delhi- 110058
Tel: +91-11-45510390, 41395590
E-mail: [email protected]
Investor Grievance Email: [email protected]
Website: www.tcagroup.in
Rainbow Foundation Rights Issue Registrar :
Cameo Corporate Services Limited
“Subramanian Building” No.1, Club House Road,
Chennai, Tamil Nadu- 600002
Tel : +91- 44 -40020700
E-mail: [email protected]
Investor Grievance Email: [email protected]
Website: https://rights.cameoindia.com/rainbow
Company Address :
Rainbow Foundations Limited
No. 4, Thanikachalam Road, T. Nagar,
Chennai, Tamil Nadu- 600017
Tel: +91-44-24344647, 24354647
Email: [email protected]
Website: www.rainbowfoundations.in
Rainbow Foundation Rights Issue 2022 FAQs :
What is Rainbow Foundation Rights Issue Open Date?
Rainbow Foundation Rights Issue 2022 Open date is 25 March 2022.
What is Rainbow Foundation Rights Issue Close Date?
Rainbow Foundation Rights Issue 2022 Close date is 18 April 2022.
When is Rainbow Foundation Rights Issue Record Date?
Rainbow Foundation Rights Issue 2022 record date is 11 March 2022.
What is N Rainbow Foundation Rights Issue Price?
The company has fixed the price at ₹11 per share.
What is Rainbow Foundation Rights Issue Size?
The company Rainbow Foundation Rights Issue Size is ₹48.51 Cr.
What is Rainbow Foundation Rights Issue Ratio?
The company has fixed the ratio Of 8:1.
How to apply for Rainbow Foundation Rights Issue 2022?
You can apply for the Rainbow Foundation Rights Issue in two ways:
1 – Net Banking (ASBA) 2 – Registrar’s Website
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