ARC Finance Rights Issue is scheduled on 21 Oct – 19 Nov 2024
ARC Finance, an NBFC registered with the Reserve Bank of India (RBI), operates under Section 45IA of the RBI Act, 1934. As a Non-Deposit Non-Banking Finance Company, its core operations involve offering loans and actively engaging in the investment and trading of securities.
ARC Finance advances loans by providing funds to individuals or organizations, expecting repayment within a specified time frame, along with accrued interest. This business revolves around evaluating credit risks, determining interest rates, and managing repayment schedules to maintain profitability while minimizing the chances of default. Additionally, the company’s focus on investing and trading in securities involves buying and selling financial instruments such as stocks, bonds, and derivatives. This strategy seeks to generate returns through capital gains, interest income, or dividends, all while managing market risks and optimizing portfolio performance.
Promoters of the ARC Finance – S K Growth Fund Private Limited
Table of Contents
ARC Finance Rights Issue Details
| ARC Finance Rights Issue Date | 21 Oct – 19 Nov 2024 |
| ARC Finance Rights Issue Price | INR 1.2 per share |
| Issue Size (in Shares) | 40,39,60,000 shares |
| Issue Size (in INR) | INR 48.48 crore |
| Issue Entitlement | 4 equity shares for every 5 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| ARC Finance Rights Issue Record Date | 10 October 2024 |
| Face Value | INR 1 per share |
| Listing On | BSE |
ARC Finance Rights Issue Calculation
| ARC Finance Rights Issue Price | INR 1.2 per share |
| Market Price on Rights Issue Approval | INR 2.84 per share |
| Dilution Factor (X) | 1.83 |
| Fair Value After Dilution at Prevailing Price | INR 2.09 per share |
ARC Finance Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 32.59 | 6.92 | 9.24 |
| Expenses | 31.94 | 5.09 | 8.59 |
| OPM (%) | 1.99 | 26.45 | 7.03 |
| Net income | 0.29 | 0.33 | 0.27 |
ARC Finance Rights Offer Objectives
The net proceeds from the offer are proposed to be used for the following objective
- Repayment of unsecured Loans availed by the company
- Augmentation of capital base
- General Corporate Purposes
ARC Finance Rights Offer Documents
- ARC Finance Rights Issue Application Form
- ARC Finance Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
ARC Finance Rights Issue Dates
| Rights Issue Approval Date | 4 October 2024 |
| Rights Issue Record Date | 10 October 2024 |
| Credit of Rights Entitlement | 20 October 2024 |
| Rights Issue Opening Date | 21 October 2024 |
| Last Date for Market Renunciation | 12 November 2024 |
| Rights Issue Closing Date | 19 November 2024 |
| Finalization of Basis of Allotment | 21 November 2024 |
| Rights Allotment Date | 21 November 2024 |
| Credit Date | 3 December 2024 |
| Listing Date | 3 December 2024 |
ARC Finance Rights Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â +91-11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
ARC Finance Issue Contact Details
ARC FINANCE LIMITED
18, Rabindra Sarani, Poddar Court Gate No.4,
4th Floor, Room No. 3, Kolkata, West Bengal-700001
Phone:Â 8910637014
E-mail:Â [email protected]
Website:Â www.arcfinance.in
ARC Finance Rights Offer FAQs
What is the ARC Finance Rights Issue Price?
The issue price is INR 1.2 per share.
What is the ARC Finance Rights Issue entitlement ratio?
The eligible shareholders are offered 4 Equity Shares for every 5 Equity Shares held on the record date.
What is the ARC Finance Rights Issue Record Date?
The Record date is 10 October 2024.
How to Apply in ARC Finance Rights Offer?
The best way to apply in ARC Finance Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
