Right Issue - Historical
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COASTAL CORPORATION LTD
Security TypeEquity
Issue Period12 Sep 2022 to 27 Sep 2022
Issue Size – No.of Shares19,29,800
Face Value10.00
Price (Inclusive of Premium)225.00
(Rs. 56.25/- per right equity share payable on application)
Market Lot1
Book Running Lead ManagerFinshore Management Services Limited
RegistrarBigshare Services Private Limited
Letter of offer Click Here
Application formClick Here
BSE Bid Quantity (ASBA)56,48,634 As on Sep 27 2022 5:00PM
Cumulative Bid Quantity (ASBA)57,88,958 As on Sep 27 2022 5:00PM
Abridged letter of offerClick Here
NotesIssue of up to 19,29,800 Partly Paid-up Equity Shares of Face Value of Rs. 10/- each (“Rights Equity Shares”) of the Company for cash at a price of Rs. 225/- per Rights Equity Share, aggregating up to Rs. 4,342.05 lakhs on a rights basis to the eligible equity shareholders of the company in the ratio of 1 Rights Equity Shares for every 6 Equity Shares held by the eligible equity shareholders on the record date, that is, August 26, 2022 to be paid to the extent of 25% of the Issue price i.e. Rs 56.25/- along with the application and the balance amount will be payable by the Rights Equity Shareholders on one or more subsequent calls of Rs. 168.75/- each per Rights Equity Share, pursuant to the Payment Schedule after payment of the Application Money.