Latest IPO Updates AA PLUS TRADELINK LTD Launches Rights Issue, Set to Debut on 22-04-2024!

AA PLUS TRADELINK LTD Launches Rights Issue, Set to Debut on 22-04-2024!

AA Plus Tradelink Limited is a leading player in the Trading & Distributors industry, categorized under the Services sector, offering Equity instruments. the company is entered into the public market through its Rights Issue, set to launch from 22 Apr 2024 to 16 May 2024. Investors have the opportunity to acquire shares priced at 18.00 each, with a face value of Rs10.00 per share, the market lot for this company is 8000.

 

Security Name AA PLUS TRADELINK LTD
Start Date 22-04-2024
End Date 16-05-2024
Offer Price () 18.00
Face Value 10.00
Type Of Issue RI
Issue Status Live
Security Type Equity
Issue Period 22 Apr 2024 to 16 May 2024
Issue Size – No.of Shares 1,63,29,600
Price (Inclusive Of Premium) 18.00
Market Lot 8000
LTP 17.55
Registrar Purva Sharegistry (India) Private Limited
BSE Bid Quantity (ASBA) 1,06,16,000 As on May 6 2024 5:00PM
Remarks Notice no:20240418-42
Notes Rights Issue of up to 1,63,29,600 Equity Shares of our Company for cash at a price of Rs 18 (Rupees Eighteen Only) per Right Shares including premium of Rs. 8(Eight) aggregating upto Rs 29,39,32,800 ( Rupees Twenty Nine Crore Thirty Nine Lakh Thirty Two Thousand Eight Hundred only) on a rights basis to the Eligible Shareholders of our Company in the ratio of 2 (Two) Right Shares for every 1 (One) Equity Shares held by the Eligible Shareholders of our Company on the Record Date i.e. 05th April 2024; On Application, Investors will have to pay entire amount of Rs 18 (Rupees Eighteen Only) per Rights Equity Share which constitutes 100% ( Hundred percent) of the Issue Price

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