ACMS Rights Issue 2024 Offer Details
| ACMS Rights Issue Date: | 23 December 2024 to 6 January 2025 |
| Rights Issue Size (in INR): | Approx ₹48.66 Crores |
| Rights Issue Size (in Shares): | 48,656,708 Equity Share |
| Issue Price: | ₹10 Per Equity Share |
| Face Value: | ₹1 Per Equity Share |
| Listing on: | BSE |
| BSE Code: | 511589 |
| NSE Code: | Book Built Issue |
| Issue Entitlement Ratio: | 5:24 (5 rights share for every 24 shares) |
| Payment Terms | Fully payable at the time of application |
| Employee Discount: | ₹[.] per share |
ACMS Rights Issue 2024 Offer Documents
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price | Click Here |
ACMS Rights Issue 2024 Dates | Time Table
| Last Date to buy shares: | 11 December 2024 |
| Rights Issue Record Date: | 12 December 2024 |
| Credit of Rights Entitlements: | 19 December 2024 |
| Issue Offer Opens On: | 23 December 2024 |
| Renunciation of Rights Entitlements: | 30 December 2024 |
| Issue Offer Closes On: | 06 January 2025 |
| Basis of Allotment Date: | 13 January 2025 |
| Credit Date: | 15 January 2025 |
| Listing Date: | 17 January 2025 |
ACMS Rights Issue Calculation
| Rights Issue Price: | ₹10 per share |
| Market Price on Rights Issue Approval: | ₹17.83 per share |
| Dilution Factor (X): | 1.21 |
| Fair Value After Dilution at Prevailing Price: | ₹16.48 per share |
How to Apply for ACMS Rights Issue
- Net Banking (ASBA Method)
- Registrar’s Website (R-WAP)
About ACMS
Avonmore Capital & Management Services Limited (ACMS), which was founded in 1991, is an established organization that provides services related to two financial market activities: lending loans and securities investment. They operate as a non-banking financial institution and lend loans to both individuals and other companies. A distributor of a range of financial products, including mutual funds, equity initial public offerings (IPOs), tax-saving plans, and more, ACMS is also an Association of Mutual Funds in India (AMFI). Investment banking, management consulting, stock broking, depository participation, research analysis, merchant banking, wealth management, infrastructure consulting, and green fuel production are just a few of the industries in which their company subsidiary and step subsidiary operate. 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.
Objects of the Rights Issue
- To make an investment in our subsidiary
- General corporate purposes
- To meet Issue related expenses
ACMS Company Financial Report
₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2022 | ₹4.15 | ₹2.24 | ₹1.38 |
| 2023 | ₹35.39 | ₹8.33 | ₹20.27 |
| 2024 | ₹9.96 | ₹10.74 | ₹0.08 |
ACMS Rights Issue Registrar
- Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo
ACMS Rights Issue Lead Manager
- To Be Updated Soon
ACMS Rights Issue allotment status check on Beetal Financial & Computer Services (P) Limited website – Click Here
Promoters of ACMS
- Navjeet Singh Sobti
- Gurpreet Sobti
- Rakam Infrastructures Private Limited
- Innovative Money Matters Private Limited
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: secretarial@almondz.com
Website: https://www.avonmorecapital.in/