Banas Finance Rights Issue Details 2024
Last updated August 22, 2026
This IPO News reference page covers “Banas Finance Rights Issue Details 2024”. The page is organized around banas finance ltd. rights issue details, banas finance ltd. rights issue dates, banas finance ltd. rights issue objective, banas finance ltd. financial information (restated consolidated), about company. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Banas Finance Ltd. Rights Issue Details
- Banas Finance Ltd. Rights Issue Dates
- Banas Finance Ltd. Rights Issue Objective
- Banas Finance Ltd. Financial Information (Restated Consolidated)
- About Company
- Company Address
- Banas Finance 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.
- The Issue Price of Rs. 10/- per Rights Equity Share shall be payable at the time of application.
- 1. Towards working capital requirements including:
- Short Term and Long Term Unsecured/Secured Loans & Advances to Corporate and Non-Corporate Customers;
- 2. General corporate purpose; and
- 3. To meet Issue related expenses.
- Banas Finance Ltd.'s revenue decreased by -79.29% and profit after tax (PAT) dropped by -178.95% between the financial year ending with March 31, 2023 and March 31, 2022.
Data Tables
| Issue Size (Shares) | 4.80 Cr Shares |
|---|---|
| Issue Size (Amount) | ₹48.05 Cr |
| Face Value | ₹10 Per Share |
| Issue Price | ₹10 per share |
| Record Date | 26th Apr 2024 |
| Listing At | BSE |
| BSE Code | 509053 |
| Letter of Offer | |
| Online Application (Registrar & Transfer Agent) | |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Terms of payment | The Issue Price of Rs. 10/- per Rights Equity Share shall be payable at the time of application. |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 159.35 | 188.08 | |
| Revenue | 20.88 | 100.82 | 14.47 |
| Profit After Tax | -54.76 | 69.37 | 11.22 |
| Amount in ₹ Crore |
Source record: View original public source ↗