Shri Niwas Leasing Rights Issue dates 6 Mar – 3 Apr 2025.
Shri Niwas Leasing and Finance is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI) as a non-deposit-taking entity. The company offers short-term and long-term funding solutions, including working capital loans, loans against property, and personal loans tailored to customers’ needs. Additionally, it invests in securities of high-potential businesses.
Leveraging structured finance products, the company provides cost-effective financing solutions that may not be easily accessible to clients. With a strong focus on long-term finance and trading solutions, Shri Niwas Leasing and Finance offers a diverse range of financial products designed to serve various customer segments and meet their evolving requirements.
Promoters of Shri Niwas Leasing and Finance – Mr. Surendra Kumar Jain
Table of Contents
Shri Niwas Leasing and Finance Rights Issue Details
| Shri Niwas Leasing Rights Issue Date | 6 Mar – 3 Apr 2025 |
| Shri Niwas Leasing Rights Issue Price | INR 10 per share |
| Issue Size (in Shares) | 3,99,70,000 shares |
| Issue Size (in INR) | INR 39.97 crore |
| Issue Entitlement | 10 equity shares for every 1 equity share held on the record date |
| Terms of Payment | 50% at the time of the application |
| Shri Niwas Leasing Rights Issue Record Date | 27 February 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Shri Niwas Leasing Rights Issue Calculation
| Shri Niwas Leasing Rights Issue Price | INR 10 per share |
| Market Price on Rights Issue Approval | INR 16.82 per share |
| Dilution Factor (X) | 11 |
| Fair Value After Dilution at Prevailing Price | INR 10.62 per share |
Shri Niwas Leasing Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 0.29 | 0.35 | 0.40 |
| Expenses | 0.14 | 0.20 | 0.74 |
| Operating Margin (%) | 51.72 | 42.86 | (85.00) |
| Net Income | (0.13) | (0.01) | (1.36) |
| ROCE (%) | 4.30 | 4.29 | (9.29) |
Shri Niwas Leasing Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To augment the capital base of the company – INR 45 crore
- General corporate purposes – INR 2.40 crore
Shri Niwas Leasing Rights Offer Documents
- Shri Niwas Leasing Rights Issue Application Form
- Shri Niwas Leasing Letter of Offer
- Board Meeting Outcome
- Shri Niwas Leasing Draft Letter of Offer
- Rights Issue in 2024
Shri Niwas Leasing Rights Issue Dates
| Rights Issue Approval Date | 20 February 2025 |
| Rights Issue Record Date | 27 February 2025 |
| Credit of Rights Entitlement | 4 March 2025 |
| Rights Issue Opening Date | 6 March 2025 |
| Last Date for Market Renunciation | 17 March 2025 |
| Rights Issue Closing Date | 3 April 2025 |
| Finalization of Basis of Allotment | |
| Rights Allotment Date | |
| Credit Date | |
| Listing Date |
Shri Niwas Leasing Rights Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91-11-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Shri Niwas Leasing Contact Details
SHRI NIWAS LEASING AND FINANCE LIMITED
47/18, Rajendra Place Metro Station,
New Delhi-110060, Delhi, India
Phone: +91-9891709895
Email: shriniwas.limited@gmail.com
Website: www.shriniwasleasingfinance.com
Shri Niwas Leasing Rights Offer FAQs
What is the Shri Niwas Leasing Rights Issue Price?
The issue price is INR 10 per share.
What is the Shri Niwas Leasing Rights Issue entitlement ratio?
The eligible shareholders are offered 10 Equity Shares for every 1 Equity Shares held on the record date.
What is the Shri Niwas Leasing Rights Issue Record Date?
The Record date is 27 February 2025.
How to Apply in the Shri Niwas Leasing Rights Offer?
The best way to apply in the Shri Niwas Leasing 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.