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Authum Investment & Infrastructure Limited Rights Issue (Authum Investment & Infrastructure Rights Issue) Detail

March 1, 2021 - March 15, 2021
Authum Investment & Infrastructure Limited Logo

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.

Authum Investment & Infrastructure Rights Issue Detail

Issue Open March 1, 2021 - March 15, 2021
Security Name Authum Investment & Infrastructure Limited
Issue Size (Shares) 4,611,236
Issue Size (Amount) ₹37.35 Crores
Issue Price ₹81 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment The full amount of Rs 81 per Rights Equity Share is payable on Application.
Entitlement 2 Rights Equity Share for every 5 Fully Paid up Equity Shares held on the Record Date

Authum Investment & Infrastructure Rights Issue Issue Timetable

Record Date February 19, 2021
Credit of Rights Entitlements
Bid/Offer Opens On March 1, 2021
Renunciation of Rights Entitlements March 9, 2021
Bid/Offer Closes On March 15, 2021
Deemed Date of Allotment March 25, 2021
Credit Date March 26, 2021
Listing Date March 30, 2021

Company Financials

Summary of financial Information
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

Objects of the Issue:

The Net Proceeds from the Issue are proposed to be utilized towards: (i) Partial repayment or prepayment of working capital loans availed by the Company. (ii) General corporate purposes.

Authum Investment & Infrastructure Rights Issue Documents

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Company Contact Information

Authum Investment & Infrastructure Limited
707, Raheja Centre,
Free Press Journal Marg,
Nariman Point, Mumbai – 400 021

Phone: +91 22 67472117
Email: secretarial@authum.com
Website: https://authum.com/

Authum Investment & Infrastructure Rights Issue Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Authum Investment & Infrastructure Rights Issue Lead Manager(s)

Authum Investment & Infrastructure Rights Issue FAQs

The Authum Investment & Infrastructure Rights Issue opens on March 1, 2021, and closes on March 15, 2021.

Authum Investment & Infrastructure Rights Issue Schedule

Last Date for credit of Rights Entitlements
Last Date for renunciation of Rights EntitlementsMarch 9, 2021
Issue Opening DateMarch 1, 2021
Issue Closing DateMarch 15, 2021
Date of Allotment (on or about)March 25, 2021
Date of Credit (on or about)March 26, 2021
Date of Listing (on or about)March 30, 2021

Authum Investment & Infrastructure Rights Issue price is set at ₹81 per share per equity share.

The eligible shareholders are being offered 2 Rights Equity Share for every 5 Fully Paid up Equity Shares held on the Record Date (February 19, 2021).

The record date for the Authum Investment & Infrastructure Rights Issue is February 19, 2021.

The issue size of Authum Investment & Infrastructure Rights Issue is of 4,611,236 equity shares at ₹81 per share aggregating upto ₹37.35 Crores.

The Letter of Offer for Authum Investment & Infrastructure Rights Issue can be download here.

You can apply for Authum Investment & Infrastructure Rights Issue in two ways:

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

Steps to apply for Authum Investment & Infrastructure 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 Authum Investment & Infrastructure Rights Issue available on the list.
  4. Click the Apply button next to the Authum Investment & Infrastructure 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 Authum Investment & Infrastructure Rights Issue using Registrar's website (R-WAP)

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

2 Comments

2. Sim     Link|March 1, 2021 9:49:44 PM
Hi, I can see Authum investments rights issue in my HDFC Sec logon. I am not sure if I have shares of Authum investment. Does it mean I can apply Authum investment shares?
Sorry, I am new to this and dont understand HDFC sec. Please help. Also, is it worth investing rights issues for Authum if I am eligible? Thanks
1. Sim     Link|March 1, 2021 9:47:05 PM
I am slightly confused. I can see Authum Investment rights issue from my hdfc logon. But I am not sure if I have Authum Investment shares already. It seems that I can still apply. Does it mean that I can still apply rights issue? Are all the rights issue get listed in HDFC Sec whether i am eligible or not? Sorry, I am new to this and dont understand at the moment and this might be a very silly question. Is it worth buying rights issue of Authum if it allows me to buy?
Thanks

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