Calculator
Right Share Adjusted Calculator
Already subscribed to a rights issue? Recalculate your true weighted average cost per share after the rights shares are added to your position.
Enter as percentage — e.g. 30 means 30 rights per 100 shares held
Usually Rs. 100 (face value) for NEPSE right issues
How rights issues change your average cost
When a company issues right shares, existing shareholders can subscribe to new shares at a fixed price — usually at or near face value (Rs. 100). Because this price is typically below your current WACC, subscribing pulls your average cost per share downward.
For example, if you hold 500 shares at a WACC of Rs. 650 and subscribe to a 30% rights issue at Rs. 100, you receive 150 new shares. Your total investment becomes Rs. 3,40,000 across 650 shares, giving an adjusted WACC of approximately Rs. 523 — meaningfully lower than before.
The theoretical ex-right price also drops proportionally, so your unrealised P&L position stays the same in absolute terms — but your break-even point improves.
Adjusted WACC formula
Adjusted WACC = (Old Qty × Old WACC + Right Qty × Right Price) ÷ (Old Qty + Right Qty)