L&T Finance Rights Issue: How To Apply For L&T Finance Rights Issue Online? Check Complete News About L&T Finance Rights Issue Here!

by Ashwin S | Updated Feb 01, 2021 18:18 IST

social social social social L&T Finance Rights Issue: How To Apply For L&T Finance Rights Issue Online? Check Complete News About L&T Finance Rights Issue Here!

How to Apply For L&T Finance Rights Issue Online 2021 is a topic that has got many people wondering as the dates for the application is nearing and For those who are unfamiliar with L&T, it is a company which was Incorporated back in 2008 in India but was established way back. L&T Finance Holdings Limited is an RBI manifested non-banking financial business. It administers its financial assistance businesses throughout several subsidiaries. L&T Financial Services is the trademark designation of L&T Finance Holdings Ltd. and one of the preeminent individual sector non-banking financial services businesses in India. This article about How To Apply For L&T Finance Rights Issue Online 2021 might help you out. Check out more details about How To Apply For L&T Finance Rights Issue Online, L&T Finance Share Rights Issue Date, L&T Finance Share Rights Issue form and  L&T Finance RIghts Issue date and form details in this article. 

How to Apply For L&T Finance Rights Issue Online?

You can apply for L&T Finance Rights Issue via two prevalent ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for the L&T Finance Rights Issue 2021 via the Net Banking feature (ASBA)

  1. Log in to the Net Banking Account of your bank.
  2. Now, head to the 'IPO & Rights Issue' segment.
  3. Verify if the L&T Finance Rights Issue has been made available on the list.
  4. Now, tap the Apply button located right next to the L&T Finance Rights Issue section.
  5. Now, fill it up and inspect your information.
  6. Finally, submit your L&T Finance Rights Issue application.

Note: If your bank doesn’t allow the option, you may have to follow the below steps.

Steps to apply for the L&T Finance Rights Issue via Registrar's website (R-WAP)

  1. Visit the registrar's website
  2. Head to the 'Rights Issue' segment
  3. Now, check the L&T Finance Rights Issue from the dropdown bar.
  4. Type in your Demat Account Number.
  5. Now, fill out the online application form.
  6. Authenticate and submit the L&T Finance Rights Issue application.

Information about the L&T Finance Rights Issue 2021

L&T Issue Open

Feb 1, 2021 - Feb 15, 2021

Security Name

L&T Finance Holdings Limited

Issue Size (Shares)

46.13 Crores

L&T Issue Size (Amount)

₹2,998.61 Crores

L&T Issue Price

₹65 per share

Face Value of L&T Issue

₹10 per share

Minimum Lot size

NO INFO

Market Lot

1 per share

Listing At

BSE, NSE

Terms of Payment

The full amount of Rs.65 per Rights Equity Share is payable on Application.

Entitlement

17 Equity Share for every 74 Fully Paid-up Equity Shares held on the Record Date

L&T Finance Rights Issue 2021 Timetable

Bid/Offer Opens On

Feb 1, 2021

Bid/Offer Closes On

Feb 15, 2021

Record Date

Jan 22, 2021

Deemed Date of Allotment

Feb 23, 2021

Company Financials Information About L&T Finance

Summary of financial Information (Consolidated)

Particulars

For the year/period ended (Rs. in Crores)

 

31-Dec-20 (Un-audited)

31-Mar-20

31-Mar-19

Total Revenue

10,298.59

14,175.50

12,989.72

Profit After Tax

682.91

1,700.26

2,232.03

Total Assets

1,10,510.01

1,09,529.02

1,06,055.10

Disclaimer: The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.

How To Apply For L&T Finance Rights Issue Online - FAQs

1. When is L&T Finance Rights Issue coming?  

The L&T Finance Rights Issue commences on Feb 1, 2021, and closes on Feb 15, 2021.

2. What is the schedule for L&T Finance Rights Issue?

L&T Finance Rights Issue Schedule has been given in this article. 

3. What is the issue price for L&T Finance Rights Issue?

L&T Finance Rights Issue price is set at ₹65 per share per equity share.

4. What is the record date for L&T Finance Rights Issue 2021?

The record date for the L&T Finance Rights Issue is Jan 22, 2021.

5. What is the issue size of L&T Finance Rights Issue?

The issue size of L&T Finance Rights Issue is of 46.13 Crores equity shares at ₹65 per share aggregating upto ₹2,998.61 Crores.


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