Everything You Need to Know About Pricol Limited Rights Issue

Pricol Limited will issue Right Entitlements (RE’s) to anyone who holds its shares as on record date November 25, 2020.

These RE’s will be temporarily traded on the stock exchanges and will then be extinguished. You can either use the RE’s to apply for the rights shares of Pricol Limited or you can sell them in the market. You can check the announcement from the company here.

Issue Details
Ex-Date November 24, 2020
Record Date November 25, 2020
Ratio 2:7
Issue Price ₹ 30
Issue Period December 3, 2020 to December 17, 2020
RE Trading Period December 3, 2020 to December 11, 2020
Tentative Date of Allotment December 29, 2020
Tentative Date of Listing January 1, 2021

How to apply for Pricol Limited Rights Issue?

Once you either receive the RE’s from the company or purchase it from the market, you can apply for the rights shares using Netbanking ASBA, you can check the process in this post.

You can also apply for the Rights Issue through the website of the Registrar & Transfer Agent. The website might not be fully functional until issue opens.

You will need to enter your demat account’s Beneficiary Owner ID which is a 16-digit number while applying either on the RTA’s website or through Netbanking ASBA.

This site is not working https://rights.integratedindia.in/
Is there a way to apply RE online?

The issue opens on December 3, the site might not be fully functional until then.

Alternatively you can also apply for Rights Issue by using Netbanking ASBA as explained above.

You can not apply before 3 December and after 17 December. RE can be used to apply for rights shares either through ASBA from your bank ( online or physical ) or Net banking /Upi …rights.integratedindia.in/

I have applied for 100shares yesterday through registrar site but they are not reflected in my demat account. Any idea how long will it take to reflect?

Hi, the shares you apply for aren’t immediately credited to your Demat account, these will be credited to your demat account by December 31.

Date of allotment is 21 December , date of demat credit is 22 December and date of listing is 24 December as per offer letter. I STAND CORRECTED … these dates are for Shoppers stop rights issue.

Anil, the dates you have mentioned are for the Shoppers Stop Rights Issue. This is the schedule for Pricol Rights Issue:

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