Ace Software Exports Rights Issue 2024 FAQ's

₹49.92 Crores | Listing at BSE | Mon, Dec 16, 2024 - Fri, Dec 27, 2024

Ace Software Exports Ltd. Rights Issue Date 2026 & Price FAQs

The timetable for Ace Software Exports Ltd. Rights Issue is as follows:

Last Date for credit of Rights EntitlementsFri, Dec 13, 2024
Last Date for renunciation of Rights EntitlementsFri, Dec 20, 2024
Issue Opening DateMon, Dec 16, 2024
Issue Closing DateFri, Dec 27, 2024
Date of Allotment (on or about)Mon, Jan 6, 2025
Date of Credit (on or about)Thu, Jan 9, 2025
Date of Listing (on or about)Mon, Jan 13, 2025

Ace Software Exports Rights Issue 2024 price is set at ₹78 per share. The Ace Software Exports Rights Issue 2024 opens on Mon, Dec 16, 2024, and closes on Fri, Dec 27, 2024, for the subscription.

The allotment of Ace Software Exports Rights Issue 2024 is expected to happen on or about January 6, 2025 as per the issue schedule.

Ace Software Exports Rights Issue 2024 listing date is 2025-04-04T00:00:00.000Z.

The credit of Ace Software Exports Rights Issue 2024 in Demat account is expected on or about January 9, 2025 as per the issue schedule.

Objects of the Issue:

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

  1. Acquisition of balance 60% equity shares of Ace Infoway Private Limited from its existing shareholders;
  2. Investment in QeNomy Digital LLP by way of capital contribution;
  3. Investment in QeCAD Studio LLP by way of capital contribution;
  4. Additional investment in AQE Techtools Private Limited by way of subscription of equity shares;
  5. General Corporate Purposes.

It is difficult to predict the exact listing price of Ace Software Exports Ltd. Rights Issue shares. The price depends on the demand and supply of the company's shares on the day of listing.

We do not provide Rights Issue recommendations. However, we share a lot of information about Ace Software Exports Ltd. which could help you with questions like whether to subscribe or not. Consider reading Ace Software Exports Ltd. reviews and analysis from experts posted on the Rights Issue detail page.