Advik Capital Limited Right Issue

₹49.91 Cr BSE 18 Sep 2023 – 6 Oct 2023

Closed Ratio: 17 : 18 BSE
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Issue Price
₹2.40
Face Value
₹1.00
Issue Size (Shares)
207,960,320
Issue Size (₹ Cr.)
₹49.91
📅 Right Issue Timetable
Last Date to Buy SharesWed, Sep 6, 2023
Record DateThu, Sep 7, 2023
Credit of Rights EntitlementsTue, Sep 12, 2023
Bid/Offer Opens OnMon, Sep 18, 2023
Issue Open DateMon, Sep 18, 2023
Renunciation Last DateTue, Sep 26, 2023
Bid/Offer Closes OnFri, Oct 6, 2023
Issue Close DateFri, Oct 6, 2023
Deemed Date of AllotmentWed, Oct 4, 2023
Credit DateMon, Oct 9, 2023
Listing DateFri, Oct 13, 2023
📋 Right Issue Details
Issue Size (Shares)207,960,320
Issue Size (Amount)₹49.91 Cr.
Issue Price₹2.40 per share
Face Value₹1.00 per share
Entitlement Ratio17 : 18
Listing AtBSE
Terms of PaymentFull amount of Rs. 2.40 per Equity Share (Including premium of Rs. 1.40per share) payable on Application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income604.3746.586.28
EBITDA
Net Worth58.609.589.16
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1985, Advik Capital Limited is a non-deposit-taking non-banking financial company (NBFC) registered with RBI.

The company is engaged primarily in the business of investing funds, assisting the financial accommodation by way of loans/advances to industrial concerns, and undertaking the business of leasing and to finance lease operations of all kinds, purchasing, selling, hiring, or letting on hire or all kinds of plant and machinery.

The Company has one Subsidiary Company and one Group Company, named as:

Advik Optoelectronics Limited: It is a manufacturing unit of LED lights, LED Signages, LED Emergency Lights & all other types of signages.
Advik Global Limited: The Company is a trading company. Take Government tenders and engage in the import and export field.
The Company was incorporated as Quick Credit Limited in 1985 and was registered with RBI as NBFC. The company has undergone capital restructuring and vide High Court Order, the name of the company was changed From Quick Credit Limited to Du-Lite Industries Limited. Further, the company has changed its name From Du-Lite Industries Limited to Advik Industries Limited w.e.f 24.02.2011. As per the direction of RBI, New Delhi, the Company has changed its name from "Advik Industries Limited" to "Advik Capital Limited" w.e.f 07/07/2017.

The company recorded consolidated revenues from operations for Fiscals 2023, 2022, and 2021 were ₹ 60,428.92, ₹ 4645.90 lacs, and ₹ 625.87 lacs, respectively.
📞 Company Contact
CompanyAdvik Capital Limited
AddressG-3, Vikas House, 34/1,
East Punjabi Bagh, Sec – III, West Delhi,
New Delhi - 110026
New Delhi, New Delhi, 110026
Phone+91 92891 19980
Emailadvikcapital@gmail.com
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📝 Registrar
NameSkyline Financial Services Pvt.Ltd.
Phone011-26812682
Emailipo@skylinerta.com
WebsiteVisit ↗