The listed companies send invitations to their existing shareholders to buy the additional shares at a discounted price. It's not as we know the IPO process but it's available only for the existing shareholders to participate in the rights issue in the given time period. Here is the list of upcoming and active rights issue companies list given below:
List of Rights Issue 2022
| Company |
Price |
Open |
Close |
Size |
| Choice International |
₹51 |
01 Feb |
15 Feb |
50.75 Cr.
|
| Som Distilleries and Breweries |
₹35 |
17 Jan |
31 Jan |
17.50 Cr.
|
| Wockhardt Ltd |
₹- |
2022 |
2022 |
1000 Cr.
|
List of Rights Issue 2021
| Company |
Price |
Open |
Close |
Size |
| Shivam Autotech |
₹18 |
31 Dec 21 |
28 Jan 22 |
31.16 Cr.
|
| Beardsell Limited |
₹10 |
31 Dec 21 |
14 Jan 22 |
9.37 Cr.
|
| Radhe Developers |
₹- |
- |
- |
755.4 Cr.
|
| Vishvprabha Ventures |
₹30 |
29 Dec 21 |
27 Jan 22 |
4.41 Cr.
|
| Ridhi Synthetics |
₹10 |
20 Dec 21 |
03 Jan 22 | 1.96 Cr.
|
| Vikas Ecotech Limited |
₹1 |
30 Nov 21 |
20 Dec 21
|
31.16 Cr.
|
| Natural Capsules |
₹100 |
30 Nov 21 |
20 Dec 21
|
31.16 Cr.
|
| HKG Limited |
₹8 |
25 Nov 21 |
10 Dec 21
|
14.00 Cr.
|
| Swiss Military Consumer Goods |
₹2 |
24 Nov 21 |
08 Dec 21
|
9.83 Cr.
|
| The Indian Hotels |
₹150 |
24 Nov 21 |
08 Dec 21
|
1982 Cr.
|
| Bharat Gears |
₹105 |
22 Nov 21 |
06 Dec 21
|
9.77 Cr.
|
Why do Companies come up with Rights Issues?
The companies come up with a rights issue to give a benefit to their existing shareholders. It helps the shareholders to get extra shares by participating in the rights issue process. The company offers a good discount so that the shareholders participate in the rights issue and it will be calculated as per the rights issue ratio finalized by the company in the offer.
An Example of Rights Issue Offer:
Let's say the Reliance Industires comes up with the right issue at a price of ₹2000 against the current share price of ₹2400 it means the shareholders can acquire the shares at ₹400 discounted price. The company final ratio around 1:3 means the company will offer 1 equity share against 3 equity share held by the shareholders. So before participating in the rights issue offer please read the details carefully. It is easy to understand, isn't it.
