Savani Financials Limited Rights Issue Details 2024
Last updated August 22, 2026
This IPO News reference page covers “Savani Financials Limited Rights Issue Details 2024”. The page is organized around savani financials ltd. rights issue details, savani financials ltd. rights issue dates, savani financials ltd. rights issue objective, savani financials ltd. financial information (restated standalone), about company. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Savani Financials Ltd. Rights Issue Details
- Savani Financials Ltd. Rights Issue Dates
- Savani Financials Ltd. Rights Issue Objective
- Savani Financials Ltd. Financial Information (Restated Standalone)
- About Company
- Company Address
- Savani Financials Limited RI Registrar
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Issue Price of Rs.17.50 is to be paid as Rs.14/- per share on Application and Rs.3.50 per share on One or more subsequent Calls
- Repay the Unsecured loan along with interest of Rs. 1.98 lakhs to the Director post the completion of the Rights issue, a sum estimated at as of Rs. 91.98 Lakhs.
- Savani Financials Ltd.'s revenue decreased by -2.63% and profit after tax (PAT) dropped by -587.42% between the financial year ending with March 31, 2023 and March 31, 2022.
- Established in 1983, Savani Financial Limited is a medium sized non-banking financial services company exclusively engaged in the business of financial services.
Data Tables
| Issue Size (Shares) | 2.83 Cr Shares |
|---|---|
| Issue Size (Amount) | ₹49.50 Cr |
| Face Value | ₹10 Per Share |
| Issue Price | ₹17.5 per share |
| Record Date | 4th Apr 2024 |
| Listing At | BSE |
| BSE Code | 511577 |
| Letter of Offer | |
| Online Application (Registrar & Transfer Agent) | |
| Entitlement | 7 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Terms of payment | Issue Price of Rs.17.50 is to be paid as Rs.14/- per share on Application and Rs.3.50 per share on One or more subsequent Calls |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 2.14 | 2.13 | 2.19 | 2.18 |
| Revenue | 0.09 | 0.11 | 0.11 | 0.13 |
| Profit After Tax | -1.12 | -0.07 | 0.02 | 0.05 |
| Amount in ₹ Crore |
Source record: View original public source ↗