Established in 1991, Avonmore Capital & Management Services Limited (ACMS) is one of the leading businesses that offer services around two activities in the financial market which are investment in securities and lending of loans. They are a Non-banking financial company, that is in the business of providing loans to other businesses and individuals as well. ACMS is also an association of Mutual Funds in India (AMFI) connected as a distributor of various financial products like mutual funds, equity IPOs, tax saving schemes, etc. Their company subsidiary and step subsidiary work across various sectors such as investment banking, management advisory, stock broking, depository participation, research analysis, merchant banking, wealth management, infrastructure consultancy, and green fuel manufacturing. Overall income for the fiscal year that ended on March 31, 2024, was ₹ 12729 lakhs, compared to ₹ 8772.19 lakhs for the fiscal year 2023 which is a big achievement for the company.
ACMS Rights Issue Review
- Avoid / Risky
ACMS Rights Issue 2024 Dates & Time Table
| Rights Issue Open: | December 23, 2024 |
| Rights Issue Close: | January 6, 2025 |
| Rights Record Date: | December 12, 2024 |
| Last Date to Buy Shares: | December 11, 2024 |
| Deemed Date of Allotment | January 13, 2025 |
| Renunciation of Rights Entitlements | December 30, 2024 |
ACMS Rights Issue 2024 Offer Details
| Rights Issue Size: | Approx ₹48.66 Crores |
| Price Band: | ₹10 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE, NSE |
| Entitlement Ratio: | 5:24 (5 rights share for every 24 shares) |
| Equity: | 48,656,708 Equity Share |
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price: | Click Here |
ACMS Rights Issue 2024 Form & How to Apply
You can apply for ACMS Rights Issue 2024 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
ACMS Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹4.15 | ₹2.24 | ₹1.38 |
| 2023 | ₹35.39 | ₹8.33 | ₹20.27 |
| 2024 | ₹9.96 | ₹10.74 | ₹0.08 |
ACMS Rights Issue 2024 Allotment Status
Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: [email protected]
Website: http://www.beetalmail.com/smeipo
ACMS Rights Issue 2024 Lead Managers
- To Be Updated Soon
Company Address:
Avonmore Capital & Management Services Ltd.
Level-5, Grande Palladium,
175,CST Road, Off BKC Kalina,
Santacruz (E), Vidyanagari, Mumbai, 400098
Phone: 912267526699
Email: [email protected]
Website: https://www.avonmorecapital.in/
ACMS Rights Issue 2024 FAQs:
When is ACMS Rights Issue 2024 Record Date?
What is ACMS Rights Issue 2024 Price?
What is the ACMS Rights Issue 2024 Ratio?
How to apply for ACMS Rights Rights Issue 2024?
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