Avasara Finance Rights Issue details are now available. The firm plans to issue 1,00,01,800 equity shares amounting to Rs 10 crores. Avasara Finance Rights issue price is Rs 10 per share, and the face value is Rs 10 per share.
Avasara Finance Rights Issue open date is January 9, 2025, and the close date is January 19, 2025. Avasara Finance rights issue entitlement ratio is 2:1, which is 2 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the record date.
Avasara Finance Rights Issue record date is January 1, 2025. The last date to buy shares of Avasara Finance is December 31, 2025. This rights Issue subscription status will be available soon.
Avasara Finance Rights Issue Allotment date, Credit and the Listing date will be available soon. However, the listing will be on the BSE.
Avasara Finance Limited's rights issue registrar is Purva Sharegistry (India) Pvt. Ltd and the book-running lead manager(s) for this rights issue will be available soon.
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Avasara Finance Rights Issue Details
Avasara Finance Rights Issue details are as follows: the company plans to issue 1,00,01,800 equity shares, aggregating the amount of Rs 10 crores. Avasara Finance Rights issue price is Rs 10 per share. The rights issue entitlement ratio is 2:1, which is 2 Rights Equity Shares for every 1 fully paid-up equity share(s).
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Issue Open |
January 9, 2025 – January 19, 2025 |
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Security Name |
Avasara Finance Limited |
|
Issue Size (Shares) |
1,00,01,800 |
|
Issue Size (Amount) |
Rs 10 Crores |
|
Issue Price |
Rs 10 per share |
|
Face Value |
Rs 10 per share |
|
Listing At |
BSE |
|
Terms of Payment |
The entire Rights Issue Price will be payable at the time of making the application in the Issue |
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Entitlement Ratio |
2 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Avasara Finance Rights Issue Dates
Avasara Finance Rights issue record date is January 1, 2025, 2025, and the last date to buy shares of Avasara Finance is December 31, 2025.
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Last Date to buy shares |
December 31, 2025 |
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Record Date |
January 1, 2025 |
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Credit of Rights Entitlements |
- |
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Bid/Offer Opens On |
January 9, 2025 |
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Renunciation of Rights Entitlements |
January 14, 2025 |
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Bid/Offer Closes On |
January 19, 2025 |
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Deemed Date of Allotment |
- |
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Credit Date |
- |
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Listing Date |
- |
Avasara Finance Rights Issue Subscription
Avasara Finance Rights Issue subscription status will be available after the issue goes live. The details of the Rights Issue entitlement are 2 Rights Equity Share(s) for every 1 fully paid-up Equity Share(s) held on the Record Date. Avasara Finance issue price is Rs 10 per share.
Avasara Finance Limited: About the Company
Avasara Finance Limited stands as a Mumbai-based non-banking finance company with roots tracing back to its incorporation on May 24, 1994, initially as TRC Financial and Management Services Pvt. Ltd. Evolving through name changes—first to TRC Financial Services Limited in 1994 and then to its current identity in January 2022—the firm operates from Bandra West, holding. Its registered office at Bandra Hill View CHS on Hill Road reflects a steady presence in India's financial landscape, where it focuses on core lending activities alongside specialized consultancy.
The company's operations center on loan financing, merchant banking, leasing, and hire purchase, extending to project consultancy like loan syndications, viability studies, asset valuations, and bill discounting. Promoters Jupiter Capital Private Limited guide its direction as a listed NBFC on the Bombay Stock Exchange since 1995, emphasizing financial services that support business growth and project clearances from banks and institutions. With a board blending experienced directors in finance and management, Avasara Finance Limited maintains active compliance and operational focus in Mumbai's dynamic market.
Avasara Finance Limited Financials (Amount in Rs crore)
|
Period Ended |
30 Sept 2025 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
2.44 |
2.48 |
3.06 |
|
Total Income |
0.22 |
-0.45 |
-0.51 |
|
Loss After Tax |
0.22 |
-0.45 |
-0.51 |
Avasara Finance Rights Issue Registrar
Avasara Finance rights issue registrar is Purva Sharegistry (India) Pvt Ltd and the book-running lead manager(s) for this rights issue will be available soon.
FAQs
1. What are the details of the Avasara Finance Rights Issue?
Avasara Finance Rights Issue details are as follows: Avasara Finance plans to issue 1,00,01,800 equity shares amounting to Rs 10 crores. Avasara Finance Rights issue price is Rs 10 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 2:1, which is 2 Rights Equity Share(s) for every 1 fully paid-up equity share(s).
2. Avasara Finance Rights Issue open date and close date?
Avasara Finance Rights Issue's open date is January 9, 2025, and the closing date is January 19, 2025. Avasara Finance Rights Issue record date is January 1, 2025, 2025. The last date to buy shares of Avasara Finance is December 31, 2025.
3. How can I apply for the Avasara Finance Rights Issue?
You can apply for Avasara Finance in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).
4. What is the entitlement ratio for the Avasara Finance Rights Issue?
Avasara Finance rights issue entitlement ratio is 2:1, which is 2 Rights Equity Share(s) for every 1 fully paid-up equity share(s).
5. How can I check the Avasara Finance Issue Allotment Status?
The registrar for the Avasara Finance rights Issue is Purva Sharegistry (India) Pvt.Ltd. Investors can check the allotment status by visiting the registrar's website.
6. From where can I get the Avasara Finance Rights issue Letter of Offer?
You can download the Avasara Finance Rights Issue Letter of Offer by visiting here.
7. What is the listing date of the Avasara Finance Rights Issue?
The Avasara Finance Rights Issue listing date is not yet available. However, the listing will be on the BSE.
8. Who are the registrar and lead managers of the Avasara Finance Rights Issue?
Avasara Finance rights issue registrar is Purva Sharegistry (India) Pvt.Ltd and the book-running lead manager(s) for this rights issue have will be available soon.
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