Bharat Bhushan Finance Rights Issue Date, Price, Allotment, Entitlement

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Last updated on November 11, 2024

Bharat Bhushan Finance Rights Issue

Bharat Bhushan Finance Rights Issue is scheduled on 2024

Established in 1954, Bharat Bhushan Finance & Commodity Brokers is a prominent player in the Indian financial services sector, specializing in a wide range of investment solutions. The company has built a reputation for facilitating wealth creation through diverse product offerings tailored to meet the needs of its clients. With a commitment to maintaining strong client relationships, Bharat Bhushan emphasizes providing holistic wealth management services and ensuring that clients receive optimal support at all times. The firm is also recognized for its adherence to regulatory standards and investor protection measures, enhancing its credibility in the market.

As of the latest financial year ending 31 March 2024, Bharat Bhushan reported a total income of INR 0.71 crore and a net profit after tax of INR 0.22 crore, reflecting a significant increase from the previous year. The company’s market capitalization is approximately INR 16 crore, with a price-to-earnings (P/E) ratio of 53.95 and a dividend yield of 1.29%.

Bharat Bhushan Share Rights Issue Dates

Promoters of Bharat Bhushan Finance – Does Not have an Identifiable Promoter


Bharat Bhushan Finance Rights Issue Details

Bharat Bhushan Finance Rights Issue DateComing soon
Bharat Bhushan Finance Rights Issue PriceINR 10 per share
Issue Size (in Shares)33,80,400 shares
Issue Size (in INR)INR 3.38 crore
Issue Entitlement1 equity shares for every 1 equity shares held on record date
Terms of PaymentFully payable at the time of application
Bharat Bhushan Finance Rights Issue Record Date21 March 2024
Face ValueINR 10 per share
Listing OnBSE

Bharat Bhushan Finance Rights Issue Calculation

Bharat Bhushan Finance Rights Issue PriceINR 10 per share
Market Price on Rights Issue ApprovalINR 48.71 per share
Dilution Factor (X)2
Fair Value After Dilution at Prevailing PriceINR 29.36 per share

Bharat Bhushan Finance Financial Performance

 FY 2022FY 2023FY 2024
Revenue0.490.580.71
Expenses0.360.400.44
Operating Margin (%)26.5331.0338.03
Net Income0.100.120.22
ROCE (%)0.700.931.29
Figures in INR Crores unless specified otherwise
All Standalone Data

Bharat Bhushan Finance Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • General corporate purposes

Bharat Bhushan Finance Rights Offer Documents


Bharat Bhushan Finance Rights Issue Dates

Rights Issue Approval Date24 October 2024
Rights Issue Record DateComing soon
Credit of Rights EntitlementComing soon
Rights Issue Opening DateComing soon
Last Date for Market RenunciationComing soon
Rights Issue Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit Date Coming soon
Listing DateComing soon

Bharat Bhushan Finance Rights Offer Lead Manager

Coming soon


Bharat Bhushan Finance Rights Offer Registrar

Coming soon


Bharat Bhushan Finance Issue Contact Details

BHARAT BHUSHAN FINANCE & COMMODITY BROKERS LTD
503, Rohit House, 3 Tolstoy Marg,
New Delhi, 110001
Phone: 01149800900
Email: 
[email protected]
Website:
www.bharatbhushan.com


Bharat Bhushan Finance Rights Offer FAQs

What is the Bharat Bhushan Finance Rights Issue Price?

The issue price is INR 10 per share.

What is the Bharat Bhushan Finance Rights Issue entitlement ratio?

The eligible shareholders are offered 1 Equity Shares for every 1 Equity Shares held on the record date.

What is the Bharat Bhushan Finance Rights Issue Record Date?

The Record date is Coming soon.

How to Apply in Bharat Bhushan Finance Rights Offer?

The best way to apply in Bharat Bhushan Finance Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.

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