₹37.35 Crores | Listing at BSE | Mon, Mar 1, 2021 - Mon, Mar 15, 2021
Authum Investment & Infrastructure Limited Rights Issue comprises 0.4611 Cr equity shares aggregating to ₹37.35 Cr, offered at an issue price of ₹81 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Feb 19, 2021, with the Rights Issue being offered in the entitlement ratio of 2:5.
As per the terms of payment, ₹81 per share payable in full at the time of application.
The Rights Issue opens on Mar 1, 2021, and closes on Mar 15, 2021, with renunciation of Rights Entitlements permitted up to Mar 9, 2021.
The deemed date of allotment is Mar 25, 2021, following which the equity shares are expected to be credited to demat accounts on Mar 26, 2021 and listed on the BSE on Mar 30, 2021.
Smart Horizon Capital Advisors Pvt.Ltd. is the Lead Manager to the issue and Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Authum Investment & Infrastructure Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Feb 19, 2021
Entitlement Ratio
2 : 5
Open Date
Mon, Mar 1, 2021
Close Date
Mon, Mar 15, 2021
| Particulars | For the year/period ended (Rs. in Millions) | ||
|---|---|---|---|
| 31-Mar-20 | 31-Mar-19 | 01-Apr-18 | |
| Total Assets | 6,953.59 | 629.57 | 1,344.16 |
| Total Revenue | (105.03) | (357.71) | 84.17 |
| Profit After Tax | (152.93) | (374.33) | 25.30 |
Incorporated in 1982, Authum Investment & Infrastructure Limited (formerly known as Pentium Investments and Infrastructures Ltd.) is a registered NBFC carrying on the business of investment in shares and securities and financing activities to achieve the goal of enhancing the value for its stakeholders. The Company is also involved in activities like structured financing, fixed return portfolio, secured lending, equity investment in emerging companies.
Authum Investment & Infrastructure mainly focuses on Equities in India through investments in public listed and unlisted companies, private equity investments, real estate investment & debt investment for the long-term horizon.
Authum Investment & Infrastructure is managed by a team of professionals with enormous experience in the field of financial markets, capital markets, and investment banking activities. The company has an in-house research team headed by experienced and expert professionals.
[Dilip Davda] There are only 599 shareholders as on December 31, 2020 and hence this company’s shares are in close circles only and witnessing very thin trades with high volatility. As the rights issue price is at a discount of around 78% to its last traded price, shareholders may consider investment in this lucrative offer. Read detail review...
Authum Investment & Infrastructure Limited
707, Raheja Centre,
Free Press Journal Marg,
Nariman Point, Mumbai – 400 021
Nariman Point, Maharashtra, 400021
The Authum Investment & Infrastructure Rights Issue opens on Mon, Mar 1, 2021, and closes on Mon, Mar 15, 2021.
Authum Investment & Infrastructure Rights Issue Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Tue, Mar 9, 2021 |
| Issue Opening Date | Mon, Mar 1, 2021 |
| Issue Closing Date | Mon, Mar 15, 2021 |
| Date of Allotment (on or about) | Thu, Mar 25, 2021 |
| Date of Credit (on or about) | Fri, Mar 26, 2021 |
| Date of Listing (on or about) | Tue, Mar 30, 2021 |
You can apply for Authum Investment & Infrastructure Rights Issue in two ways:
Steps to apply for Authum Investment & Infrastructure Rights Issue using Net Banking (ASBA)
Steps to apply for Authum Investment & Infrastructure Rights Issue using Registrar's website (R-WAP)
