Aastamangalam Finance Rights Issue 2024 Date, Price, Allotment, Ratio

Aastamangalam Finance Rights issue date is fixed, the rights issue is to open on December 27, 2024 and will close on January 3, 2025. The Aastamangalam Finance Rights issue record date is December 13, 2024. The company is to offer 7,127,800 equity shares at a price of ₹42.5 per share. The Aastamangalam Finance Rights issue size will be ₹30.29 Crores. The entitlement ratio is 8:10, 8 rights share for every 10 fully-paid equity shares held on the record date. Check out Aastamangalam Finance rights issue details.

Founded in 1988, Aastamangalam Finance Limited is involved in the business of providing short-term and long-term financial services to both corporate and non-corporate businesses. They are a non-banking finance company registered with the RBI non-deposit accepting non-banking finance company (NBFC). AFL considers its employees as an important contributor to its growth and success. By developing healthy relationships, the company aims to remain competitive in the industry. AFL has 3 full-time employees as of March 31, 2024. Between the financial years ending March 31, 2023, and March 31, 2024, AFL achieved remarkable growth, with revenue increasing by 109.23% and profit after tax (PAT) rising by 148.28%.

Aastamangalam Finance Rights Issue Review

  • Avoid / Risky

Aastamangalam Finance Rights Issue 2024 Dates & Time Table

Rights Issue Open:December 27, 2024
Rights Issue Close:January 3, 2025
Rights Record Date:December 13, 2024
Last Date to Buy Shares:December 12, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsDecember 31, 2024

Aastamangalam Finance Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹30.29 Crores
Price Band:₹42.5 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 8:10 (8 rights share for every 10 shares)
Equity:7,127,800 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Aastamangalam Finance Rights Issue 2024 Form & How to Apply

You can apply for Aastamangalam Finance Rights Issue 2024 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Aastamangalam Finance Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹1.26₹1.01₹0.12
2023₹3.35₹1.44₹1.45
2024₹7.03₹2.22₹3.60

Aastamangalam Finance Rights Issue 2024 Allotment Status

Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: [email protected]
Website: https://www.integratedregistry.in/registrarstosta.aspx?od=1

Aastamangalam Finance Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

Aastamangalam Finance Ltd.
No.51,
Hunters Road,
Choolai, Chennai, 600112
Phone: 044-28478605
Email: [email protected]
Website: http://www.uflindia.com/

Aastamangalam Finance Rights Issue 2024 FAQs:


When is Aastamangalam Finance Rights Issue 2024 Record Date?

Aastamangalam Finance Rights Issue 2024 record date is December 13, 2024.

What is Aastamangalam Finance Rights Issue 2024 Price?

The company has fixed the price at ₹42.5 per equity share.

What is the Aastamangalam Finance Rights Issue 2024 Ratio?

The company has fixed the ratio (8:10), 8 Rights Equity Share for every 10 Equity Shares as on record date.

How to apply for Aastamangalam Finance Rights Rights Issue 2024?

As per the record date you need to have Aastamangalam Finance Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

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