Share the post "Arc Finance’s IPO Launches Rights Issue 21-10-2024!"
Arc Finance IPO of Rights Issue type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 21 Oct 2024 to 18 Nov 2024 , with a market lot of 1 shares. This call notice includes , covering ₹1.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | ARC FINANCE LTD |
|---|---|
| Offer Price () | 1.20 |
| Face Value | 1.00 |
| Type Of Issue | RI |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Issue Period | 21 Oct 2024 to 18 Nov 2024 |
| Issue Size – No.of Shares | 40,39,60,000 |
| Price (Inclusive Of Premium) | 1.20 |
| Market Lot | 1 |
| LTP | 1.96 |
| Registrar | Skyline Financial Services Private Limited |
| Remarks | Notice no. :20241018-7 |
| Notes | Issue of upto fully paid up 40,39,60,000 Equity Shares with a face value of Rs.1 each for cash at a price of Rs.1.20 per Equity Share aggregating up to Rs.4847.52 Lakhs on a rights basis to Eligible Shareholders in the ratio of 4 (Four) Rights Equity Shares for every 5 (Five) fully paid-up Equity Share held on the Record Date i.e. Thursday, 10th October, 2024. |
Arc Finance IPO opens on 21-10-2024, and closes on 18-11-2024
| Start Date | 21-10-2024 |
|---|---|
| End Date | 18-11-2024 |
| Issue Period | 21 Oct 2024 to 18 Nov 2024 |
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