Baid Finserv Rights Issue dates 25 November – 3 December 2025.
Established in 1991 and based in Jaipur, Baid Finserv is a non-deposit-taking non-banking financial company (NBFC), licensed by the Reserve Bank of India. The company primarily focuses on providing secured loans such as car loans, commercial vehicle loans (new and used), MSME loans, and loans against property. Baid Finserv serves largely semi-urban and rural areas, initially in Rajasthan, with expanding operations in Madhya Pradesh, Gujarat, and plans for Maharashtra.
Baid Finserv aims to offer financial services to underserved segments where formal credit is scarce, targeting small business owners and individuals with transparent and reasonably priced loans. The company also offers insurance products, including life, dwelling, and motor insurance. With over 33 years of experience, Baid Finserv maintains a customer base exceeding 50,000 and has more than 52 branches.
Financial highlights include an AUM of around INR 397 crore and a steady growth trajectory with a revenue of approximately INR 82 crore for FY 2025.
Promoters of Baid Finserv – Panna Lal Baid and Rakesh Baid
Table of Contents
Baid Finserv Rights Issue Details
| Baid Finserv Rights Issue Date | 25 November – 3 December 2025 |
| Baid Finserv Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 15,00,85,375 shares |
| Issue Size (in INR) | INR 150.09 crore |
| Issue Entitlement | 1 equity share for every 4 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Baid Finserv Rights Issue Record Date | 17 November 2025 |
| Face Value | INR 2 per share |
| Listing On | BSE, NSE |
Baid Finserv Rights Issue Calculation
| Baid Finserv Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 10.29 per share |
| Dilution Factor (X) | 1.25 |
| Fair Value After Dilution at Prevailing Price | INR 10.23 per share |
Baid Finserv Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 54.85 | 65.92 | 81.98 |
| Expenses | 41.75 | 48.26 | 64.41 |
| OPM (%) | 57.0 | 63.0 | 58.0 |
| Net Income | 10.38 | 12.92 | 13.45 |
| ROCE (%) | 10.0 | 11.0 | 11.0 |
Baid Finserv Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Augment the capital base of the company and resources for meeting funding requirements for the company’s business activities, including onward lending – INR 18 crore
- Repayment and/or prepayment, in full or in part, of certain identified borrowings availed by the company from banks and financial institutions – INR 10 crore
- Funding of General corporate purposes – INR 1.59 crore
Baid Finserv Rights Offer Documents
- Baid Finserv Rights Issue Application Form
- Baid Finserv Letter of Offer
- Board Meeting Outcome
- Baid Finserv Draft Letter of Offer
- Rights Issue in 2024
Baid Finserv Rights Issue Dates
| Rights Issue Approval Date | 11 November 2025 |
| Rights Issue Record Date | 17 November 2025 |
| Credit of Rights Entitlement | 18 November 2025 |
| Rights Issue Opening Date | 25 November 2025 |
| Last Date for Market Renunciation | 28 November 2025 |
| Rights Issue Closing Date | 3 December 2025 |
| Finalization of Basis of Allotment | 4 December 2025 |
| Rights Allotment Date | 4 December 2025 |
| Credit Date | 5 December 2025 |
| Listing Date | 8 December 2025 |
Baid Finserv Rights Offer Registrar
MCS SHARE TRANSFER AGENT LIMITED
179-180, DSIDC Shed, 3rd Floor, Okhla Industrial Area,
Phase – 1, New Delhi – 110020, India
Telephone: 011- 41406149
Email: [email protected]
Website: www.mcsregistrars.com
Baid Finserv Contact Details
BAID FINSERV LIMITED
Baid House, 2nd Floor, 1, Tara Nagar,
Ajmer Road, Jaipur- 302006 (Rajasthan)
Phone: +91 9214018877
Email: [email protected]
Website: www.baidfinserv.com
Baid Finserv Rights Offer FAQs
What is the Baid Finserv Rights Issue Price?
The issue price is INR 10 per share.
What is the Baid Finserv Rights Issue entitlement ratio?
The eligible shareholders are offered 1 equity share for every 4 equity shares held on the record date.
What is the Baid Finserv Rights Issue Record Date?
The Record date is 17 November 2025.
How to Apply in the Baid Finserv Rights Offer?
The best way to apply in the Baid Finserv Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.