₹49.68 Crores | Listing at BSE | Mon, Mar 21, 2022 - Thu, Apr 7, 2022
Advik Capital Limited Rights Issue comprises 17.43 Cr equity shares aggregating to ₹49.68 Cr, offered at an issue price of ₹2.85 per share with a face value of ₹1 per share.
The record date for determining eligible shareholders is Mar 11, 2022.
As per the terms of payment, ₹2.85 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Mar 15, 2022.
The Rights Issue opens on Mar 21, 2022, and closes on Apr 7, 2022, with renunciation of Rights Entitlements permitted up to Apr 1, 2022.
The deemed date of allotment is Apr 19, 2022, following which the equity shares are expected to be credited to demat accounts on Apr 22, 2022 and listed on the BSE on Apr 26, 2022.
Skyline Financial Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Advik Capital Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Mar 11, 2022
Entitlement Ratio
:
Open Date
Mon, Mar 21, 2022
Close Date
Thu, Apr 7, 2022
| Particulars | For the year/period ended (Rs.in Lakh) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | ||
| Total Assets | 1585.95 | 1560.25 | |
| Total Income | 627.97 | 755.14 | |
| Profit After Tax | 6.16 | 10.97 | |
Advik Capital is a non-deposit taking non-banking financial company (NBFC) that is engaged in the business of investing funds, lending loans or advances, and financing activities not only in India but all over the world. It offers different kinds of loans such as Gold Loan, Vehicle Loan, Business Loan, Personal Loan, and Property Loan facilities.
[Dilip Davda] The counter is well operated by vested interests to lure investors for this RI offer. It has posted inconsistency in its financial performance. Promoter’s holding is declining and is not participating in the rights issue. The issue is exorbitantly priced based on super results for FY22 so far. It is operating in the fragmented and highly competitive segment. There is no harm in ignoring this pricy rights issue. Read detail review...
Advik Capital Limited
Plot No 84, Kanjhawala Industrial Area,
100 Ft road, North West Delhi,Kanjawala
New Delhi -110081
New Delhi, New Delhi, 110081
Skyline Financial Services Pvt.Ltd.
The Advik Capital Rights Issue opens on Mon, Mar 21, 2022, and closes on Thu, Apr 7, 2022.
Advik Capital Rights Issue Schedule
| Last Date for credit of Rights Entitlements | Tue, Mar 15, 2022 |
| Last Date for renunciation of Rights Entitlements | Fri, Apr 1, 2022 |
| Issue Opening Date | Mon, Mar 21, 2022 |
| Issue Closing Date | Thu, Apr 7, 2022 |
| Date of Allotment (on or about) | Tue, Apr 19, 2022 |
| Date of Credit (on or about) | Fri, Apr 22, 2022 |
| Date of Listing (on or about) | Tue, Apr 26, 2022 |
You can apply for Advik Capital Rights Issue in two ways:
Steps to apply for Advik Capital Rights Issue using Net Banking (ASBA)
Steps to apply for Advik Capital Rights Issue using Registrar's website (R-WAP)
