Sat. Jan 28th, 2023

Banas Finance rights issue date will open July 05 and will close on 19th July. Banas Finance Rights Issue Record date June 24, 2022. Is, The company is to offer 2.46 crore equity shares at a price of ₹20 per share. The size of the Banas Finance rights issue will be Rs 49.25 crore. Eligibility Ratio 24:25. Is, 24 right shares for every 25 fully-paid equity shares held on the record date. Check out Banas Finance rights issue details.

Banas Finance Limited (earlier known as Pioneer Leasing Company Limited) is a non-banking finance company. Banas Finance is engaged in the business of purchase, leasing, factoring, hire-purchase financing, leasing of all types of Plants and Machinery, Motor Vehicles, Motor Boats, Trawlers, Launches, Ships, Ships, Helicopters, Aircraft, Automobiles, Computers and Leasing. More.

Banas Finance

Banas Finance Rights Issue 2022 Offer Details

Rights Issue Size: almost ₹49.25 crore
Price Band: ₹20 per equity share
Face value: ₹10 per equity share
Listing on: BSE
Eligibility Ratio: 24:25 (24 rights shares for every 25 shares)
equity: 2.46 crore equity share
letter of Offer: click here
application: click here
Live Share Price: click here

Banas Finance Rights Issue 2022 Form & How to Apply

How to Apply Banas Finance Rights Issue? You can check Banas Finance Rights Issue Details click here, You can apply Banas Finance Rights Issue through form download on NSE and BSE website where you can download blank forms and submit them to your bank or broker. You can apply online through ASBA or UPI through your Demat account details.

Banas Finance Financial Report

₹ in crore
year revenue Expense to Pat
2021 ₹14.47 ₹4.92 ₹1.12
2022 ₹10.08 ₹9.18 ₹6.94

Banas Finance Rights Issue 2022 Allotment Status

will be updated soon

Visit Banas Finance Rights Issue on website allotment URL. click here

Banas Finance Rights Issue 2022 Lead Managers

Company Address:

Banas Finance Limited

E-109, Crystal Plaza,

New Link Road, Opp. Infinity Mall,

Andheri (West), Mumbai – 400053

Phone: 9152096140/41



FAQs about Banas Finance Rights Issue 2022:

When is Banas Finance Rights Issue 2022 record date?

Banas Finance Rights Issue 2022 is the record date 24 June 2022,

What is Banas Finance Rights Issue 2022 price?

The company has fixed the price ₹20 per equity share. Read More Finance Figure articles here.

What is Banas Finance Rights Issue 2022 Ratio?

The company has fixed the ratio (24:25), 24 rights equity shares for every 25 equity shares as on the date of record.

How to apply for Banas Finance Rights Issue 2022?

You should have Banas Finance rights shares in your demat account as on the record date. You can participate in the rights issue through offline form download or you can apply online through ASBA or UPI options.

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