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Advik Capital Limited Rights Issue (Advik Capital Rights Issue) Detail

March 21, 2022 - April 7, 2022
Advik Capital Limited Logo

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.

Advik Capital Rights Issue Detail

Issue Open March 21, 2022 - April 7, 2022
Security Name Advik Capital Limited
Issue Size (Shares) 174,319,680
Issue Size (Amount) ₹49.68 Crores
Issue Price ₹2.85 per share
Face Value ₹1 per share
Listing At BSE
Terms of Payment

The full amount of Rs. 2.85 is payable on the application.

Entitlement 19 rights equity share for every 5 fully paid-up equity shares held on the record date

Advik Capital Rights Issue Issue Timetable

Record Date March 11, 2022
Credit of Rights Entitlements March 15, 2022
Bid/Offer Opens On March 21, 2022
Renunciation of Rights Entitlements April 1, 2022
Bid/Offer Closes On April 7, 2022
Deemed Date of Allotment April 19, 2022
Credit Date April 22, 2022
Listing Date April 26, 2022

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended ( 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

Objects of the Issue:

The right issue proceed will be used for the following purposes;
  1. Meet working capital requirements.
  2. General corporate purposes.

Advik Capital Rights Issue Documents

Advik Capital Rights Issue Rating

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Advik Capital Rights Issue Reviews

Company Contact Information

Advik Capital Limited
Plot No 84, Kanjhawala Industrial Area,
100 Ft road, North West Delhi,Kanjawala
New Delhi -110081

Phone: +91 9289 119980

Advik Capital Rights Issue Registrar

  1. Skyline Financial Services Private Ltd
    Phone: 02228511022

Advik Capital Rights Issue Lead Manager(s)

Advik Capital Rights Issue FAQs

The Advik Capital Rights Issue opens on March 21, 2022, and closes on April 7, 2022.

Advik Capital Rights Issue Schedule

Last Date for credit of Rights EntitlementsMarch 15, 2022
Last Date for renunciation of Rights EntitlementsApril 1, 2022
Issue Opening DateMarch 21, 2022
Issue Closing DateApril 7, 2022
Date of Allotment (on or about)April 19, 2022
Date of Credit (on or about)April 22, 2022
Date of Listing (on or about)April 26, 2022

Advik Capital Rights Issue price is set at ₹2.85 per share per equity share.

The eligible shareholders are being offered 19 rights equity share for every 5 fully paid-up equity shares held on the record date (March 11, 2022).

The record date for the Advik Capital Rights Issue is March 11, 2022.

The issue size of Advik Capital Rights Issue is of 174,319,680 equity shares at ₹2.85 per share aggregating upto ₹49.68 Crores.

The Letter of Offer for Advik Capital Rights Issue can be download here.

You can apply for Advik Capital Rights Issue in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Advik Capital Rights Issue using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Advik Capital Rights Issue available on the list.
  4. Click the Apply button next to the Advik Capital Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Advik Capital Rights Issue using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Advik Capital Rights Issue from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.


1. AJAY JAIN     Link|April 5, 2022 7:09:19 PM

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