AF Enterprises Rights Issue 2024 Date, Price, Allotment, Ratio

AF Enterprises Rights issue date is fixed, the rights issue is to open on August 26 and will close on September 3, 2024. The AF Enterprises Rights issue record date is August 16, 2024. The company is to offer 21,170,454 equity shares at a price of ₹10 per share. The AF Enterprises Rights issue size will be ₹21.17 Crores. The entitlement ratio is 3:2, 3 rights share for every 2 fully-paid equity shares held on the record date. Check out AF Enterprises rights issue details.
AF Enterprises Rights 2024

Table of Contents


AF Enterprises Limited was founded with a focus on investing in a variety of industries. It was founded in 1983 and is now listed on the Bombay Stock Exchange. Over time, the company expanded to produce injection molding base components under the “RIDH” brand, serving industries such as engineering, FMCG, pharmaceuticals, electronics, logistics, and warehousing. In April 2020, AF Enterprises began manufacturing medical safety goggles, coveralls, face shields, and 3-ply masks internally under the “RIDH” brand in response to rising demand for safety products.

AF Enterprises Rights Issue Review

  • Avoid / Risky

AF Enterprises Rights Issue 2024 Dates & Time Table

Rights Issue Open:August 26, 2024
Rights Issue Close:September 3, 2024
Rights Record Date:August 16, 2024
Last Date to Buy Shares:August 14, 2024
Deemed Date of Allotment2024
Renunciation of Rights EntitlementsAugust 28, 2024

AF Enterprises Rights Issue 2024 Offer Details

Rights Issue Size:Approx ₹21.17 Crores
Price Band:₹10 Per Equity Share
Face Value:₹10 Per Equity Share
Listing on:BSE
Entitlement Ratio: 3:2 (3 rights share for every 2 shares)
Equity:21,170,454 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

AF Enterprises Rights Issue 2024 Form & How to Apply

You can apply for AF Enterprises Rights Issue 2024 in two ways:

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

AF Enterprises Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹26.33₹24.75₹1.04
2023₹29.56₹29.071.03
2024₹9.50₹10.48₹0.25

AF Enterprises Rights Issue 2024 Allotment Status

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

AF Enterprises Rights Issue 2024 Lead Managers

  • To Be Updated Soon

Company Address:

AF Enterprises Ltd.
15/18 Basement B Portion,
West Patel Nagar,
Central Delhi, New Delhi – 110008
Phone: 917428399452
Email: [email protected]
Website: http://www.afenterprisesltd.in/

AF Enterprises Rights Issue 2024 FAQs:


When is AF Enterprises Rights Issue 2024 Record Date?

AF Enterprises Rights Issue 2024 record date is August 16, 2024.

What is AF Enterprises Rights Issue 2024 Price?

The company has fixed the price at ₹10 per equity share.

What is the AF Enterprises Rights Issue 2024 Ratio?

The company has fixed the ratio (3:2), 3 Rights Equity Share for every 2 Equity Shares as on record date.

How to apply for AF Enterprises Rights Rights Issue 2024?

As per the record date you need to have AF Enterprises 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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