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A.F. Enterprises Limited Rights Issue (A.F. Enterprises Rights Issue 2023) Detail

April 5, 2023 - May 4, 2023
A.F. Enterprises Limited Logo

Incorporated in 1983, AF Enterprises Limited manufactures and sells plastic products under its registered brand name "RIDH" as well as provides IT services under the name "Aunik IT Solutions Private Limited".

The company manufactures moulding base components such as industrial goggles, plastic tiles, PPE kits, plastic pallets, crates, containers, industrial crates and material handling containers, face shields, plastic dustbins, and 3-ply masks.

AF Enterprises' manufacturing plant is located in Faridabad, Haryana at over 45000 square feet area with a production capacity of delivering 100 to 850 tons of material, which is equipped with CNC machines, milling machines, lathes, and drilling machines, among others. 

The company caters to industries like warehousing, logistics, engineering & capital goods, pharmaceuticals, FMCG, etc.

AF Enterprises also provides IT services and customizable software to organizations operating in pan India.

Its services include:

  • GIS Consulting
  • GIS Development
  • Map Making Services
  • Society system management 
  • Data management and so on.

 

A.F. Enterprises Rights Issue 2023 Detail

Issue Open April 5, 2023 - May 4, 2023
Security Name A.F. Enterprises Limited
Issue Size (Shares) 22,581,817
Issue Size (Amount) ₹42.91 Crores
Issue Price ₹19 per share
Face Value ₹10 per share
Listing At BSE
Terms of Payment

Full amount of Rs. 19.00 per Equity Share is payable on application.

Entitlement 8 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date

A.F. Enterprises Rights Issue 2023 Issue Timetable

Last Date to buy sharesMarch 21, 2023
Record Date March 22, 2023
Credit of Rights Entitlements March 27, 2023
Bid/Offer Opens On April 5, 2023
Renunciation of Rights Entitlements April 25, 2023
Bid/Offer Closes On May 4, 2023
Deemed Date of Allotment April 28, 2023
Credit Date May 4, 2023
Listing Date May 8, 2023

Company Financials

A.F. Enterprises Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-210.130.040.00
31-Mar-220.140.050.00
Amount in ₹ Crore

Objects of the Issue:

The Company proposes to utilize the net proceeds from the Issue towards funding the following objects.

  1. To part finance the requirement of Working Capital;
  2. To meet General corporate purposes;
  3. To meet the expenses of the Issue.

A.F. Enterprises Rights Issue 2023 Documents

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Company Contact Information

A.F. Enterprises Limited
DSM-334, DLF Tower Shivaji Marg,
Najafgarh Road
New Delhi-110015

Phone: +91-8744889955
Email: info.afenterprisesltd@gmail.com
Website: https://afenterprisesltd.in/

A.F. Enterprises Rights Issue 2023 Registrar

  1. Skyline Financial Services Private Ltd
    Phone: 02228511022
    Email: ipo@skylinerta.com
    Website: https://www.skylinerta.com/ipo.php

A.F. Enterprises Rights Issue 2023 Lead Manager(s)

A.F. Enterprises Rights Issue 2023 FAQs

The A.F. Enterprises Rights Issue 2023 opens on April 5, 2023, and closes on May 4, 2023.

A.F. Enterprises Rights Issue 2023 Schedule

Last Date for credit of Rights EntitlementsMarch 27, 2023
Last Date for renunciation of Rights EntitlementsApril 25, 2023
Issue Opening DateApril 5, 2023
Issue Closing DateMay 4, 2023
Date of Allotment (on or about)April 28, 2023
Date of Credit (on or about)May 4, 2023
Date of Listing (on or about)May 8, 2023

A.F. Enterprises Rights Issue 2023 price is set at ₹19 per share per equity share.

The eligible shareholders are being offered 8 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (March 22, 2023).

The record date for the A.F. Enterprises Rights Issue 2023 is March 22, 2023.

The issue size of A.F. Enterprises Rights Issue 2023 is of 22,581,817 equity shares at ₹19 per share aggregating upto ₹42.91 Crores.

The Letter of Offer for A.F. Enterprises Rights Issue 2023 can be download here.

You can apply for A.F. Enterprises Rights Issue 2023 in two ways:

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

Steps to apply for A.F. Enterprises Rights Issue 2023 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 A.F. Enterprises Rights Issue 2023 available on the list.
  4. Click the Apply button next to the A.F. Enterprises Rights Issue 2023.
  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 A.F. Enterprises Rights Issue 2023 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select A.F. Enterprises Rights Issue 2023 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

Compare rights issues with A.F. Enterprises Rights Issue 2023