Viji Finance Rights Issue Date, Price, Allotment, Entitlement


Last updated on May 14, 2024

Viji Finance Rights Issue

Viji Finance Rights Issue is scheduled on 28 May – 10 June 2024

Viji Finance provides financial services as a Non-Systematically Important Non-Deposit Non-Banking Finance Company registered with the RBI. It offers working capital loans to corporations, primarily unsecured. The company extends loans only to borrowers known to the promoter.

The company primarily operates in the areas of infrastructure, housing, infrastructure development, construction, and vehicle financing in India. As of 31 December 2023, the company had four employees working across business operations, administration, secretarial, and legal departments.

The company is also expanding into new business areas, including housing finance, gold loans, education loans, and medical equipment.

Viji Finance Rights Issue Dates

Promoters of Viji Finance –

Viji Finance Rights Issue Details

Viji Finance Rights Issue Date28 May – 10 June 2024
Viji Finance Rights Issue PriceINR 1.50 per share
Issue Size (in Shares)6,00,00,000 shares
Issue Size (in INR)INR 9.0 crore
Issue Entitlement8 equity shares for every 11 equity shares held on record date
Terms of PaymentFully payable at the time of application
Rights Issue Record Date15 May 2024
Face ValueINR 1 per share
Listing OnBSE, NSE

Viji Finance Rights Issue Calculation

Viji Finance Rights Issue PriceINR 1.50 per share
Market Price on Rights Issue ApprovalINR 3.51 per share
Dilution Factor (X) 1.73
Fair Value After Dilution at Prevailing PriceINR 2.66 per share

Viji Finance Financial Performance

 FY 2021FY 2022FY 2023
Operating Margin (%)72.3447.5455.02
Net Income0.450.440.44
ROCE (%)4.263.554.27
Figures in INR Crores unless specified otherwise

Viji Finance Rights Offer Objectives

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

Viji Finance Rights Offer Documents

Viji Finance Rights Issue Dates

Rights Issue Approval Date9 May 2024
Rights Issue Record Date15 May 2024
Credit of Rights EntitlementComing soon
Rights Issue Opening Date28 May 2024
Last Date for Market Renunciation4 June 2024
Rights Issue Closing Date10 June 2024
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit Date Coming soon
Listing DateComing soon

Viji Finance Rights Offer Lead Manager

Coming soon

Viji Finance Rights Offer Registrar

Coming soon

Viji Finance Contact Details

11/2, Usha Ganj,
Jaora Compound, Indore (M.P.)-452001
Phone: 0731-4246092
[email protected]

Viji Finance Rights Offer FAQs

What is the Viji Finance Rights Issue Price?

The issue price is INR 1.50 per share.

What is the Viji Finance Rights Issue entitlement ratio?

The eligible shareholders are offered 8 Equity Shares for every 11 Equity Shares held on the record date.

What is the Viji Finance Rights Issue Record Date?

The Record date is 15 May 2024.

How to Apply for Viji Finance Rights Offer?

The best way to apply for the Viji 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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