Numbers
This was the total capital RIL aimed to raise in its 2020 rights issue (in ₹ crore).
₹53,125 crore
RIL announced the rights issue on this date in 2020.
30 April 2020
Subscribers had to pay this percentage of the issue price upfront.
25%
About 75% of the proceeds were earmarked for this purpose.
debt repayment
RIL’s promoters showed commitment by agreeing to subscribe to nearly this amount (in ₹ crore) of the issue.
₹26,000 crore
This was the subscription price per new share in the rights issue.
₹1,257 per share?
This was the record date used to determine eligible shareholders.
14 May 2020
The upfront amount per share (25% of ₹1,257) was this
₹314.25
The PPT lists this approximate amount (in ₹ crore) allocated to debt repayment.
₹39,755 crore
Launched during the COVID-19 crisis, the issue was notable for offering this convenient application method.
What is online application
This many new equity shares were issued to eligible shareholders (approximate to nearest million).
422.6 million shares
The newly allotted shares were listed on stock exchanges on this date
12 June 2020
The rights ratio allowed shareholders to receive one new share for this many existing shares.
One new share for every 15 shares held
The remainder (roughly ₹13,281 crore) was reserved for this purpose.
General corporate purposes
The PPT calls this rights issue one of the fastest and ______ in Indian primary markets.
Largest