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ARC Finance Limited was founded in 1982. The company was initially incorporated as ARC Modellors & Services Limited.
The company offers loans to individuals and organizations, focusing on credit risk assessment and repayment management. They also invest in securities to generate returns while effectively managing market risks and optimizing portfolios.
The company's main purpose is trading and distributing various products, including agricultural goods, industrial items, and consumer goods. They provide hire purchase, finance, and leasing services for industrial and office equipment and investment in financial instruments. It also acquires, manages, and deals in real and personal property, including land and various assets, and develops resources for commercial and residential projects.
Issue Open | October 21, 2024 - November 18, 2024 |
Security Name | Arc Finance Ltd |
Issue Size (Shares) | 403,960,000 |
Issue Size (Amount) | ₹48.48 Crores |
Issue Price | ₹1.2 per share |
Face Value | ₹1 per share |
Listing At | BSE |
Terms of Payment | The Issue Price of Rs. 1.20/- per Equity Share shall be payable at the time of Application |
Entitlement | 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date |
Last Date to buy shares | October 9, 2024 |
Record Date | October 10, 2024 |
Credit of Rights Entitlements | |
Bid/Offer Opens On | October 21, 2024 |
Renunciation of Rights Entitlements | |
Bid/Offer Closes On | November 18, 2024 |
Deemed Date of Allotment | |
Credit Date | |
Listing Date |
Arc Finance Ltd's revenue increased by 34% and profit after tax (PAT) dropped by -17% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
Assets | 71.5 | 70.94 | 79.27 | |||||||||||||||||||||||||||
Revenue | 9.24 | 6.92 | 32.59 | |||||||||||||||||||||||||||
Profit After Tax | 0.27 | 0.33 | 0.28 | |||||||||||||||||||||||||||
Reserves and Surplus | 0.63 | 0.56 | 0.47 | |||||||||||||||||||||||||||
Amount in ₹ Crore |
The Company proposes to utilize the net proceeds from the issue towards funding the following objects:
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Arc Finance Ltd
18, Rabindra Sarani
Poddar Court Gate No.4,
4th Floor, Room No. 3, Kolkata, 700001
Phone: 8910637014
Email: arcrightissue24.25@gmail.com
Website: http://www.arcfinance.in/index.html
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: info@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
The ARC Finance Rights Issue 2024 opens on October 21, 2024, and closes on November 18, 2024.
ARC Finance Rights Issue 2024 Schedule
Last Date for credit of Rights Entitlements | |
Last Date for renunciation of Rights Entitlements | |
Issue Opening Date | October 21, 2024 |
Issue Closing Date | November 18, 2024 |
Date of Allotment (on or about) | |
Date of Credit (on or about) | |
Date of Listing (on or about) |
ARC Finance Rights Issue 2024 price is set at ₹1.2 per share per equity share.
The eligible shareholders are being offered 4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date (October 10, 2024).
The record date for the ARC Finance Rights Issue 2024 is October 10, 2024.
The issue size of ARC Finance Rights Issue 2024 is of 403,960,000 equity shares at ₹1.2 per share aggregating upto ₹48.48 Crores.
The Letter of Offer for ARC Finance Rights Issue 2024 can be download here.
You can apply for ARC Finance Rights Issue 2024 in two ways:
Steps to apply for ARC Finance Rights Issue 2024 using Net Banking (ASBA)
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 ARC Finance Rights Issue 2024 using Registrar's website (R-WAP)
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