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Right Issue Status: Closed [18th Sep 2023 to 6th Oct 2023]
Advik Capital Limited is offering rights issue to the extent of worth Rs. 49.95 Cr. The subscription period for this rights issue yet to be declare . The company will issue 17 rights shares for every fully paid 18 share held on the record date of Sept 7, 2023. The face value of a share is Rs. 1 per share and the issue price is fixed at Rs. 2.4 per share.
Stay connected with us to know more about Advik Capital Limited Right Issue Details 2023 including issue size, entitlement to rights, payment terms and more.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
| Advik Capital Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 20.80 Cr Shares |
| Right Issue Issue Size (Amount) | ₹49.91 Cr |
| Face Value | ₹1 Per Equity Share |
| Right Issue - Issue Price | ₹2.4 per share |
| Right Issue Record Date | 7th Sep 2023 |
| Right Issue Entitlement | 17 Rights Equity Share(s) for every 18 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | Full amount of Rs. 2.40 per Equity Share (Including premium of Rs. 1.40per share) payable on Application. |
| Listing At | BSE |
| BSE Code | 539773 |
| NSE Code |
In this section we have covered all important dates related to Advik Capital Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 18th Sep 2023 |
| Right Issue Issue Close Date | 6th Oct 2023 |
| Basis of Allotment Finalisation Date* | 4th Oct 2023 |
| Refunds Initiation* | 26th Sep 2023 |
| Credit of Shares to Demat Account* | 9th Oct 2023 |
| Right Issue Listing Date* | 13th Oct 2023 |
* - Tentative Dates
Zerodha Trade@20
Advik Capital Limited was established in the year 1985. Their company is a non-banking financial company registered with RBI and does not accept deposits. Your Company is principally engaged in providing financial loans and ancillary services related to the above business activities.
Advik Optoelectronics Limited is engaged in the manufacture of various types of safety signs, phosphorescent effect evacuation systems, photoluminescent signs, LED signs, LED electronic signs, safety apparel, traffic safety signs, lights, emergency lighting and equipment.
Advikca Finvest Limited is engaged in trading of shares, securities, rights and obligations in movable and immovable assets of all kinds, infinite technology and advanced techniques, as well as acquisition, purchase, sale, holding, trading, disposal or other trading of shares.
Past performance and financial results of Advik Capital .
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 14.32 | 16.69 | 142.56 |
| Revenue | 6.28 | 46.58 | 604.37 |
| Profit After Tax | 0.07 | 0.44 | 9.36 |
| Net Worth | 9.16 | 9.58 | 58.60 |
| Reserves and Surplus | |||
| Total Borrowing | 2.83 | 4.69 | 75.13 |
The table below is live update of Right Issue bidding details from NSE and BSE.
Advik Capital Right Issue Offer Document (Letter of Offer) >>Document
Advik Capital Right Issue Offer Document (Letter of Offer) >>Advik Capital Right Issue Red Herring Prospectus is not yet available.
Advik Capital Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Advik Capital Right Issue Online Application (Registrar & Transfer Agent) >>Advik Capital Right Issue RTA information is not yet available.
Last Updated on 2023-10-09T05:32:45+00:00
