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Rights Issue Status: Upcoming [21st Oct 2024 to 18th Nov 2024]
ARC Finance (BSE:540135) has approved rights offer worth Rs 48.48 Cr. The company is offering 40,39,60,000 (Forty crore thirty-nine lakh sixty thousand) rights shares at an issue price of Rs 1.2 per rights share. The rights shares are offered in a ratio of 4:5, 4 rights shares for every 5 fully paid-up equity shares held on the record date, 10 Oct 2024.
Get more updates on the ARC Finance Rights Issue 2024 including business overview, financial results, rights issue entitlement, terms of payment, and more.
The Company proposes to utilize the net proceeds from the issue towards funding the following objects:
| ARC Finance Issue Details | Values |
|---|---|
| Category | Rights Issue |
| Rights Issue Issue Size (Shares) | 40.40 Cr Shares |
| Rights Issue Issue Size (Amount) | ₹48.48 Cr |
| Face Value | ₹1 Per Equity Share |
| Rights Issue - Issue Price | ₹1.2 per share |
| Rights Issue Record Date | 10th Oct 2024 |
| Rights Issue Entitlement | 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
| Rights Issue Terms of payment | The Issue Price of Rs. 1.20/- per Equity Share shall be payable at the time of Application |
| Listing At | BSE |
| BSE Code | 540135 |
| NSE Code |
In this section we have covered all important dates related to ARC Finance Rights Issue. Dates are updated as they are announced. The most noted dates are Rights Issue start date and Rights Issue end date, which one should use to participate in Rights Issue.
| Rights Issue Activity | Date |
|---|---|
| Rights Issue Issue Open Date | 21st Oct 2024 |
| Rights Issue Issue Close Date | 18th Nov 2024 |
| Basis of Allotment Finalisation Date* | |
| Refunds Initiation* | |
| Credit of Shares to Demat Account* | |
| Rights Issue Listing Date* |
* - Tentative Dates
Zerodha Trade@20
ARC Finance is a non-deposit-taking, non-banking finance company (NBFC), primarily engaged in the business of advancing loans and investing/trading in securities. The company offers secure and unsecured loans, trades in shares, and extending financial service investment activities.
Past performance and financial results of ARC Finance .
Arc Finance Ltd's revenue increased by 34% and profit after tax (PAT) dropped by -17% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | ||||||||||||||||||
| Assets | 0.72 | 0.71 | ||||||||||||||||||
| Revenue | 0.09 | 0.07 | ||||||||||||||||||
| Profit After Tax | 0 | 0 | ||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||
The table below is live update of Rights Issue bidding details from NSE and BSE.
ARC Finance Rights Issue Offer Document (Letter of Offer) >>Document
ARC Finance Rights Issue Offer Document (Letter of Offer) >>ARC Finance Rights Issue Red Herring Prospectus is not yet available.
ARC Finance Rights Issue Online Application (Registrar & Transfer Agent) >>Online Application
ARC Finance Rights Issue Online Application (Registrar & Transfer Agent) >>ARC Finance Rights Issue RTA information is not yet available.
Last Updated on 2024-10-05T05:32:46+00:00
