Aastamangalam Finance Rights Issue 2024 Offer Details
| Aastamangalam Finance Rights Issue Date: | 27 Dec to 3 January 2025 |
| Rights Issue Size (in INR): | Approx ₹30.29 Crores |
| Rights Issue Size (in Shares): | 7,127,800 Equity Share |
| Issue Price: | ₹42.5 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 511764 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 8:10 (8 rights share for every 10 shares) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
Aastamangalam Finance Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
Aastamangalam Finance Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 12 December 2024 |
| Rights Issue Record Date: | 13 December 2024 |
| Credit of Rights Entitlements: | [.] |
| Issue Offer Opens On: | 27 December 2024 |
| Renunciation of Rights Entitlements: | 31 December 2024 |
| Issue Offer Closes On: | 3 January 2025 |
| Basis of Allotment Date: | 2025 |
| Credit Date: | 2025 |
| Listing Date: | 2025 |
Aastamangalam Finance Rights Issue Calculation
| Rights Issue Price: | ₹42.5 per share |
| Market Price on Rights Issue Approval: | ₹50.6 per share |
| Dilution Factor (X): | 1.8 |
| Fair Value After Dilution at Prevailing Price: | ₹47.0 per share |
How to Apply for Aastamangalam Finance Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About Aastamangalam Finance
Aastamangalam Finance Limited, established in 1988 engaged in the business of offering short-term and long-term financial services to corporate and non-corporate firms. AFL is a non-banking finance company registered with the RBI non-deposit accepting non-banking finance company (NBFC). Employees are seen by Aastamangalam Finance Limited as a key factor in the company’s growth and financial success. The business hopes to maintain its competitiveness in the market by building positive connections. AFL has 3 full-time employees as of March 31, 2024. Revenue increased by 109.23% and profit after tax (PAT) increased by 148.28% between the financial years ending March 31, 2023, and March 31, 2024, showing AFL’s impressive growth.
Objects of the Rights Issue
- To augment their capital base
- General corporate purposes
Aastamangalam Finance Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 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 Registrar
- Integrated Registry Management Services Private Limited
Phone: 044 – 28140801 to 28140803
Email: corpserv@integratedindia.in
Website: https://www.integratedregistry.in/registrarstosta.aspx?od=1
Aastamangalam Finance Rights Issue Lead Manager
- To Be Updated Soon
Aastamangalam Finance Rights Issue allotment status check on Integrated Registry Management Services Private Limited website – Click Here
Promoters of Aastamangalam Finance
- Mrs Bhavika M Jain
- Mrs Khushbu Mohan Kumar Jain
- Mrs Rekha M Jain
Company Address
Aastamangalam Finance Limited
No.51,
Hunters Road,
Choolai, Chennai, 600112
Phone: 044-28478605
Email: upasana_shares@yahoo.com
Website: http://www.uflindia.com/