Arc Finance Ltd Right Issue

₹48.48 Cr BSE 21 Oct 2024 – 19 Nov 2024

Closed Ratio: 4 : 5 BSE
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Issue Price
₹1.20
Face Value
₹1.00
Issue Size (Shares)
403,960,000
Issue Size (₹ Cr.)
₹48.48
📅 Right Issue Timetable
Last Date to Buy SharesWed, Oct 9, 2024
Record DateThu, Oct 10, 2024
Credit of Rights EntitlementsMon, Oct 21, 2024
Bid/Offer Opens OnMon, Oct 21, 2024
Issue Open DateMon, Oct 21, 2024
Renunciation Last DateTue, Nov 12, 2024
Bid/Offer Closes OnTue, Nov 19, 2024
Issue Close DateTue, Nov 19, 2024
Deemed Date of AllotmentThu, Nov 21, 2024
Credit DateTue, Dec 3, 2024
Listing DateTue, Dec 3, 2024
📋 Right Issue Details
Issue Size (Shares)403,960,000
Issue Size (Amount)₹48.48 Cr.
Issue Price₹1.20 per share
Face Value₹1.00 per share
Entitlement Ratio4 : 5
Listing AtBSE
Terms of PaymentThe Issue Price of Rs. 1.20/- per Equity Share shall be payable at the time of Application
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income9.246.9232.59
EBITDA
Net Worth
Reserves & Surplus0.630.560.47

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment of unsecured loans availed by the Company; Augmentation of Capital Base of the Company; and
2General Corporate Purposes.
🏢 About the Company
ARC Finance Limited was founded in 1982. The company was initially incorporated as ARC Modellors & Services Limited.

The company offers loans to individuals and organizations, focusing on credit risk assessment and repayment management. They also invest in securities to generate returns while effectively managing market risks and optimizing portfolios.

The company's main purpose is trading and distributing various products, including agricultural goods, industrial items, and consumer goods. They provide hire purchase, finance, and leasing services for industrial and office equipment and investment in financial instruments. It also acquires, manages, and deals in real and personal property, including land and various assets, and develops resources for commercial and residential projects.
📞 Company Contact
CompanyArc Finance Ltd
Address18, Rabindra Sarani
Poddar Court Gate No.4,
4th Floor, Room No. 3, Kolkata, 700001
Kolkata, West Bengal, 700001
Phone8910637014
Emailarcrightissue24.25@gmail.com
WebsiteVisit ↗
📝 Registrar
NameSkyline Financial Services Pvt.Ltd
Phone011-26812682
Emailinfo@skylinerta.com
WebsiteVisit ↗