What is a Rights Calendar?

A Rights Issue Calendar is a comprehensive schedule listing all upcoming, ongoing, and completed rights issues of companies. It includes critical dates such as issue opening & closing, allotment, refunds, and credit to investors' Demat accounts. By using the Rights Calendar, investors can plan their investments effectively, avoid missing subscription windows, and make informed decisions about participation in rights issues.

Following the calendar also allows investors to compare multiple rights issues, understand subscription trends, and track how the market is responding to different issues across sectors.

Key Dates in Rights Calendar

• Issue Open & Close: The window during which shareholders can apply for the rights shares.
• Allotment Date: The date when the company announces the number of shares allotted to each investor.
• Refund Date: Date on which the money is refunded to investors who were not allotted shares.
• Credit to Demat: The day allotted shares are credited to investors’ Demat accounts.
• Status: Shows the current phase of the rights issue — Upcoming, Ongoing, or Completed.

Benefits of Following a Rights Calendar

• Plan fund allocation for multiple rights issues in advance.
• Ensure timely participation and avoid missing subscription windows.
• Monitor allotment, refunds, and Demat credit efficiently.
• Compare historical and current rights issues for better investment decisions.
• Stay updated with company announcements and avoid last-minute confusion.

How to Use the Rights Calendar?

• Check the opening and closing dates before planning your investment.
• Track allotment announcements to gauge investor demand.
• Monitor refunds and Demat credit to manage liquidity.
• Use completed rights issues data to analyze market trends and investor behavior.

Frequently Asked Questions

• Q: Where can I access the Rights Calendar?
  A: On brokerage platforms, financial portals, company announcements, and investor research websites.
• Q: Does the calendar include both listed and unlisted companies?
  A: Yes, it provides schedules for all eligible rights issues, helping investors stay informed.
• Q: How often is the Rights Calendar updated?
  A: The calendar is updated regularly with new announcements, changes in dates, and subscription status.
• Q: Can I rely solely on the Rights Calendar for investment decisions?
  A: It is a helpful tool, but investors should also check company fundamentals, past performance, and expert reviews before investing.

Investor Tips

• Always cross-check the dates with official company announcements and SEBI filings.
• Plan your bank fund allocation before the issue opens to avoid last-minute issues.
• Track multiple rights issues and prioritize based on company fundamentals and discount offered.
• Combine calendar insights with rights issue reviews to make informed participation choices.