Everything You Need to Know About the Natural Capsules Ltd. Rights Issue

Natural Capsules Ltd. (NATCAPSUQ) will issue Right Entitlements (RE’s) to anyone who holds its shares as of November 12, 2021 (record date). 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 Natural Capsules or you can sell them in the market. You can check the announcement from the company here.

Issue Details
Ex-Date November 11, 2021
Record Date November 12, 2021
Ratio 1:2
Issue Price ₹ 100 per share
Issue Period November 30, 2021 to December 20, 2021
RE Trading Period November 30, 2021 to December 15, 2021
Tentative Date of Allotment December 29, 2021
Tentative Date of Listing December 31, 2021

This is a partly-paid issue, meaning at the time of application you only have to make part payment.

Amount payable per equity share Face Value Premium Total
On Application 2.5 22.5 25
One or more additional calls as may be decided by the company 7.5 67.5 75
Total 10 90 100

If you continue holding partly-paid shares of Natural Capsules when the company makes a call for the balance payment, you will be liable to pay the balance sum. Alternatively, if you sell the partly-paid shares, the buyer will be liable to pay the sum.

How to apply for Natural Capsules 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 rights shares through the website of the Registrar and Transfer agent. The website might not be fully live until the issue opens for the subscription.

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

What will happen to my purchased holding of RE shares if I do not apply for the rights issue?

Your REs will lapse and you will lose the premium paid to acquire them. The RE will be in the form of temporary demat securities which will lapse if not renounced/exercised once the trading window is closed.

I don’t have the shares but bought REs, am I still eligible to apply for the rights issue?

In case you have bought REs but don’t have shares, you’re still eligible for the rights issue. You may apply for the rights shares either through the RTA’s portal or via net banking ASBA if your bank allows it. If you don’t take any action, and let the REs remain in your Zerodha account, they will lapse after the issue.

You can read more FAQ’s on Rights Issue and Rights Entitlements here.

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