Transwarranty Finance Rights Issue

Transwarranty Finance Rights Issue 

Transwarranty Finance Rights Issue will open for subscription from 15 November 2022. The company aims for an issue size of ₹24.46 Crores through this rights issue.

Transwarranty Finance Limited

Incorporated in 1994, Transwarranty Finance Limited is a full-service Financial & Capital Market Services Company. The Company is engaged in lending and advisory services. The Company has been engaged in Financial Advisory services for over 25 years. The business model can be broadly classified into Lending Business, Financial Advisory Services (comprising Investment Banking, Trade Finance, and Corporate Finance) Wealth Management, Stock Broking, and Distribution Business. The company subsidiaries are I. Vertex Securities Limited (VSL), II. Vertex Commodities and Finpro Private Limited (VCFPL) and III. Transwarranty Capital Market Services Private Limited (TCMSPL).

Objects of the Issue

  • Meeting working capital requirements.
  • General corporate purposes.

Transwarranty Finance Rights Issue Timetable

Record Date04 October 2022
Credit of Rights Entitlements
Bid/Offer Opens On15 November 2022
Renunciation of Rights Entitlements23 November 2022
Bid/Offer Closes On29 November 2022
Deemed Date of Allotment
Credit Date
Listing Date

Transwarranty Finance Rights Issue Details

Issue OpenNov 15, 2022 – Nov 29, 2022
Security NameTranswarranty Finance Limited
Issue Size (Shares)24,460,568
Issue Size (Amount)₹24.46 Crores
Issue Price₹10 per share
Face Value₹10 per share
Listing AtBSE, NSE
Terms of PaymentRs. 3 per share on Application Rs. 7 per share on subsequent calls
as may be decided by the Board of Directors from time to time.
Entitlement1 Equity Shares for every 1 Equity Shares held on the Record Date

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
(Figures are in ₹ Crore)

Transwarranty Finance Rights Issue Lead Manager(s)

  • Fedex Securities Limited

Rights Issue Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270

Company Contact Information

Transwarranty Finance Limited
403, Regent Chambers,
Nariman Point, Mumbai
Phone: +91 22 22047965

Final thoughts

Transwarranty Finance Rights Issue is going to open for subscription soon. applying for rights Issue is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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