After 2,100% Rally in a Year, Real Estate Firm Plans Rights Issue for Equipment Capex

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Arunis Abode Rights Issue

Arunis Abode Rights Issue dates are not finalized.

Arunis Abode is a BSE-listed public entity that represents a strategic pivot in India’s real estate landscape. Originally established in 1995 as M. B. Parikh Finstocks, the company underwent a significant structural transformation in 2020 following a change in promoters. This shift successfully reoriented the firm’s core business model from traditional financial services and brokerage toward a high-growth trajectory in real estate development and allied activities. Today, the company leverages its robust corporate governance—backed by a diverse base of over 2,900 shareholders—to deliver premium residential and commercial assets characterized by architectural excellence and sustainable design.

Beyond core construction, Arunis Abode operates a diversified portfolio that includes real estate consultancy, investment management, and commodities trading, providing a comprehensive ecosystem for value creation. The firm strategically pursues growth through joint ventures, general contracting, and government projects, ensuring a balanced risk-return profile. By integrating financial stability with innovative property management solutions, Arunis Abode is positioned as a dynamic player capable of navigating the complexities of India’s evolving urban infrastructure market while maintaining a strong commitment to long-term stakeholder value.

Arunis Abode Rights Issue Record Date

Promoters of Arunis Abode – Mr. Dharmendrabhai Becharbhai Jasani, Ayush Dharmendrabhai Jasani, and Mr. Yagnik Bharatkumar Tank

Arunis Abode Rights Issue Details

Arunis Abode Rights Issue DateComing soon
Arunis Abode Rights Issue PriceINR NA per share
Issue Size (in Shares)Coming soon
Issue Size (in INR)INR 120.51 crore
Issue EntitlementNA equity shares for every NA equity share held on the record date
Terms of PaymentFully payable at the time of application
Arunis Abode Rights Issue Record DateComing soon
Face ValueINR 10 per share
Listing OnBSE

Arunis Abode Rights Issue Calculation

Arunis Abode Rights Issue PriceComing soon
Market Price on Rights Issue ApprovalINR 144.45 per share
Dilution Factor (X)NA
Fair Value After Dilution at Prevailing PriceComing soon

Arunis Abode Financial Performance

 FY 2023FY 2024FY 2025
Revenue3.441.22(0.00)
Expenses0.890.620.80
OPM (%)74.1349.18
Net Income0.170.39(0.15)
ROCE (%)31.0410.78(5.67)
Figures in INR Crores unless specified otherwise

Arunis Abode Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

  • Business Expansion through acquisition of earth-moving and construction equipment including excavators, bulldozers and allied machinery – INR 119.91 crore
  • General corporate purposes – INR 0.11 crore

Arunis Abode Rights Offer Documents

Arunis Abode Rights Issue Dates

Rights Issue Approval DateComing soon
Rights Issue Record DateComing soon
Credit of Rights EntitlementComing soon
Rights Issue Opening DateComing soon
Last Date for Market RenunciationComing soon
Rights Issue Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit DateComing soon
Listing DateComing soon

Arunis Abode Rights Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com

Arunis Abode Contact Details

ARUNIS ABODE LIMITED
706, 7th Floor, IBC (International Business Center),
Dumas Road, Piplod (Surat), Surat, Nizar, Gujarat, 395007
Phone: +91 93275 86318
Email: 
[email protected]
Website:
www.arunis.in

Arunis Abode Rights Offer FAQs

What is the Arunis Abode Rights Issue Price?

The issue price is INR NA per share.

What is the Arunis Abode Rights Issue entitlement ratio?

The eligible shareholders are offered NA equity shares for every NA equity share held on the record date.

What is the Arunis Abode Rights Issue Record Date?

The Record date is not finalized.

How to Apply in Arunis Abode Rights Offer?

The best way to apply in the Arunis Abode Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.

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