Anupam Finserv Ltd Rights Issue (Anupam Finserv Rights Issue 2024) Detail

₹20.24 Crores | Listing at BSE | Mon, Jan 13, 2025 - Fri, Jan 31, 2025

Anupam Finserv Ltd Logo

Anupam Finserv Ltd Rights Issue comprises 11.56 Cr equity shares aggregating to ₹20.24 Cr, offered at an issue price of ₹1.75 per share with a face value of ₹1 per share.

The record date for determining eligible shareholder is Dec 27, 2024, with the Rights Issue being offered in the entitlement ratio of 1 : 1.

The term of payment is defined as following : Total amount will be payable at the time of Application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Feb 7, 2025.

The Rights Issue opens on Jan 13, 2025, and closes on Jan 31, 2025, with renunciation of Rights Entitlements permitted up to Jan 27, 2025.

The deemed date of allotment is Feb 7, 2025, following which the equity shares are expected to be credited to demat accounts on Feb 13, 2025 and listed at the BSE on Feb 17, 2025.

Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Anupam Finserv Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Dec 27, 2024

Entitlement Ratio

1 : 1

Open Date

Mon, Jan 13, 2025

Close Date

Fri, Jan 31, 2025

Rights Issue Details

Rights Issue Timetable

Anupam Finserv Ltd Financial Information (Restated)

Anupam Finserv Ltd's revenue increased by 27% and profit after tax (PAT) rose by 21% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets18.218.717.16
Revenue3.212.532.96
Profit After Tax0.940.771.32
Net Worth15.5714.63
Reserves and Surplus43.072.29
Total Borrowing2.363.95
Amount in ₹ Crore

About Anupam Finserv Ltd

Incorporated in May 1991, Anupam Finserv Limited is an NBFC providing solution-based lending. The company offers loan services, including personal, business, and home loans, focusing on tailored financial solutions for individuals and companies with a commitment to personalized customer service and flexible repayment options. It also offers capital market finance and corporate finance services.

Objects of the Issue:

The company proposes to utilize the Net Proceeds towards funding the following Objects:

  1. To augment the capital base and provide for the fund requirements for increasing our operational scale concerning the NBFC activities; and
  2. General Corporate Purposes

Rights Issue Review

[Dilip Davda] The company is engaged in providing financial services as well as leasing funding. It posted minuscule financial performance for the reported periods. Doubled equity base post-RI may pose its servicing issue. The RI appears aggressively priced. There is no harm in skipping this pricey bet which can be termed as “High Risk/Low Return” offer. Read detail review...

Rights Issue Subscription Status

Anupam Finserv Rights Issue 2024 got subscribed by 0.65 times by the end of the bidding period with total bid quantity received by BSE of 7,49,68,232 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Jan 31 2025 17:00:00

7,49,68,232

0.65x

Company Contact Information

Anupam Finserv Ltd
502, Corporate Arena,
D.P. Piramal Road
Goregaon (W), Mumbai, 400104;
Goregaon, Maharashtra, 400104

Rights Issue Registrar

Purva Sharegistry (India) Pvt.Ltd.

Rights Issue FAQs

The Anupam Finserv Rights Issue 2024 opens on Mon, Jan 13, 2025, and closes on Fri, Jan 31, 2025.

Anupam Finserv Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsFri, Jan 10, 2025
Last Date for renunciation of Rights EntitlementsMon, Jan 27, 2025
Issue Opening DateMon, Jan 13, 2025
Issue Closing DateFri, Jan 31, 2025
Date of Allotment (on or about)Fri, Feb 7, 2025
Date of Credit (on or about)Thu, Feb 13, 2025
Date of Listing (on or about)Mon, Feb 17, 2025
Anupam Finserv Rights Issue 2024 price is set at ₹1.75 per share.
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (Fri, Dec 27, 2024).
The record date for the Anupam Finserv Rights Issue 2024 is Fri, Dec 27, 2024.
The issue size of Anupam Finserv Rights Issue 2024 is of 11,56,37,500 equity shares at ₹1.75 per share aggregating up to ₹20.24 Crores.
The Letter of Offer for Anupam Finserv Rights Issue 2024 can be downloaded here.

You can apply for Anupam Finserv Rights Issue 2024 in two ways:

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

Steps to apply for Anupam Finserv Rights Issue 2024 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 Anupam Finserv Rights Issue 2024 is available on the list.
  4. Click the Apply button next to the Anupam Finserv Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Anupam Finserv Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Anupam Finserv Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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