Ace Software Exports Ltd Right Issue

₹49.92 Cr BSE 16 Dec 2024 – 27 Dec 2024

Closed Ratio: 1 : 1 BSE
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Issue Price
₹78.00
Face Value
₹10.00
Issue Size (Shares)
6,400,000
Issue Size (₹ Cr.)
₹49.92
📅 Right Issue Timetable
Last Date to Buy SharesWed, Dec 4, 2024
Record DateThu, Dec 5, 2024
Credit of Rights EntitlementsFri, Dec 13, 2024
Bid/Offer Opens OnMon, Dec 16, 2024
Issue Open DateMon, Dec 16, 2024
Renunciation Last DateFri, Dec 20, 2024
Bid/Offer Closes OnFri, Dec 27, 2024
Issue Close DateFri, Dec 27, 2024
Deemed Date of AllotmentMon, Jan 6, 2025
Credit DateThu, Jan 9, 2025
Listing DateMon, Jan 13, 2025
📋 Right Issue Details
Issue Size (Shares)6,400,000
Issue Size (Amount)₹49.92 Cr.
Issue Price₹78.00 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 1
Listing AtBSE
Terms of PaymentThe Issue Price of per Rights Equity Share shall be payable as follows: On Application On one or more subsequent Call(s) as determined by our Board / Rights Issue Committee at its sole discretion, from time to time
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income29.7610.7610.59
EBITDA
Net Worth
Reserves & Surplus23.6815.281.19

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Acquisition of balance 60% equity shares of Ace Infoway Private Limited from its existing shareholders;
2Investment in QeNomy Digital LLP by way of capital contribution;
3Investment in QeCAD Studio LLP by way of capital contribution;
4Additional investment in AQE Techtools Private Limited by way of subscription of equity shares;
🏢 About the Company
Incorporated in 1994, Ace Software Exports Limited provides outsourcing services to publishers and other organizations.

The company's primary services include the following

Document Management,
Digital Publishing and Data Conversion Solutions
Digital content provider
Ace Software Exports also offers IT infrastructure solutions such as ERPs, websites, data storage, mobile applications, inventory management tools, and process automation systems.
📞 Company Contact
CompanyAce Software Exports Ltd
Address801, Everest Commercial Complex
Opp Shastri Maidan,
Rajkot - 360001, Gujarat
Rajkot, Gujarat, 360001
Phone0281-222 6097
Emailinvestorinfo@acesoftex.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailacesoftware.rights2024@linkintime.co.in
WebsiteVisit ↗