Onelife Capital Advisors Receives BSE and NSE Trading Approval for Rights Issue

2 min read     Updated on 25 Mar 2026, 11:13 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Onelife Capital Advisors Limited has received official listing and trading approvals from BSE and NSE for 2.40 crore equity shares allotted through its rights issue. The company successfully raised Rs. 360 crores at Rs. 15 per share with 103.21% subscription, with trading commencing March 25, 2026.

powered bylight_fuzz_icon
35924100

*this image is generated using AI for illustrative purposes only.

Onelife Capital Advisors Limited has successfully completed its rights issue journey with the receipt of official listing and trading approvals from both BSE and NSE. The Mumbai-based financial services company announced on March 25, 2026, that it has received formal approval for trading of 2.40 crore equity shares allotted through its rights issue.

Exchange Approvals and Trading Commencement

The company received comprehensive approvals from both major stock exchanges for its rights issue shares. The regulatory clearances mark the final step in the company's capital raising initiative.

Approval Details BSE NSE
Listing Approval Date March 23, 2026 March 23, 2026
Trading Approval Date March 24, 2026 March 24, 2026
Trading Commencement March 25, 2026 March 25, 2026
Shares Approved 2.40 crore 2.40 crore
Distinctive Numbers 13360001 to 37360000 13360001 to 37360000

Rights Issue Performance Summary

The rights issue demonstrated exceptional investor confidence with strong subscription metrics across all categories. The company successfully raised Rs. 360.00 crores through this capital raising exercise.

Parameter Details
Total Issue Size Rs. 360.00 crores
Issue Price Rs. 15.00 per share
Face Value Rs. 10.00 per share
Premium Rs. 5.00 per share
Rights Ratio 300:167
Subscription Percentage 103.21%
Shares Allotted 2.40 crore

Subscription and Allotment Breakdown

The issue period ran from February 23, 2026 to March 16, 2026, with robust participation from both eligible shareholders and renouncees.

Category Valid Applications Shares Applied Shares Allotted Value (Rs. crores)
Eligible Shareholders 214 85.78 lakh 85.78 lakh 128.67
Renouncees 64 1.62 crore 1.54 crore 231.33
Total 278 2.48 crore 2.40 crore 360.00

Regulatory Compliance and Documentation

The company has completed all regulatory formalities in accordance with SEBI ICDR Regulations 2018. Key compliance milestones include dispatch of allotment advice, credit of equity shares to demat accounts, and ASBA fund unblocking instructions, all completed by March 23, 2026.

Company Profile

Onelife Capital Advisors Limited, incorporated in 2007 and converted to public limited status in 2010, operates as a financial services company with its registered office in Thane, Maharashtra. The company's promoters are Prabhakar Naig and Pandoo Naig. The newly allotted shares will trade exclusively in dematerialized form on both BSE (Scrip Code: 533632) and NSE (Symbol: ONELIFECAP).

Historical Stock Returns for Onelife Capital Advisors

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%+2.07%-2.30%+13.49%+60.99%+153.06%

How will Onelife Capital Advisors utilize the Rs. 360 crore raised to expand its financial services operations and market presence?

What impact might the 103.21% oversubscription have on the company's stock price performance in the coming quarters?

Will the successful rights issue enable Onelife Capital to pursue strategic acquisitions or partnerships in the financial services sector?

Onelife Capital Advisors
View Company Insights
View All News
like19
dislike

Onelife Capital Advisors Completes ₹36 Crore Rights Issue Allotment

1 min read     Updated on 18 Mar 2026, 09:30 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Onelife Capital Advisors Limited successfully completed a ₹36 crore rights issue allotment, issuing 2.40 crore equity shares at ₹15 per share with a premium of ₹5. The allotment, approved by the Rights Issue Committee on March 17, 2026, increased the company's paid-up equity capital from ₹13.36 crore to ₹37.36 crore, representing a significant capital structure enhancement.

powered bylight_fuzz_icon
35306232

*this image is generated using AI for illustrative purposes only.

Onelife Capital Advisors Limited has successfully completed a significant rights issue allotment worth ₹36.00 crore, marking a major milestone in the company's capital expansion plans. The Board of Directors of the Rights Issue Committee approved the allotment of equity shares on March 17, 2026, following regulatory compliance and consultation with relevant authorities.

Rights Issue Allotment Details

The company has allotted 2,40,00,000 rights equity shares with specific pricing and premium structure. The allotment was conducted in accordance with the Letter of Offer dated February 10, 2026, and the basis of allotment was finalized in consultation with BSE Limited, which served as the designated stock exchange for this rights issue.

Parameter: Details
Number of Shares Allotted: 2,40,00,000 Rights Equity Shares
Face Value per Share: ₹10.00
Issue Price per Share: ₹15.00
Premium per Share: ₹5.00
Total Issue Value: ₹36,00,00,000
Registrar to Issue: KFin Technologies Limited

Capital Structure Transformation

The rights issue has resulted in a substantial increase in the company's paid-up equity share capital. This expansion represents a significant enhancement to the company's capital base and financial structure.

Capital Structure: Before Allotment After Allotment
Paid-up Equity Capital: ₹13,36,00,000 ₹37,36,00,000
Number of Equity Shares: 1,33,60,000 3,73,60,000
Face Value per Share: ₹10.00 ₹10.00

Board Meeting and Regulatory Compliance

The Rights Issue Committee's Board of Directors meeting was conducted on March 17, 2026, commencing at 07:00 P.M. and concluding at 07:30 P.M. The meeting was chaired by Prabhakara Naig, who serves as Chairperson and Whole Time Director of the company. The allotment was approved in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the completion of the rights issue allotment. This communication ensures transparency and regulatory compliance, keeping all stakeholders informed about the significant corporate action and its impact on the company's capital structure.

Historical Stock Returns for Onelife Capital Advisors

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%+2.07%-2.30%+13.49%+60.99%+153.06%

How does Onelife Capital Advisors plan to deploy the ₹36 crore raised through this rights issue for business expansion or strategic initiatives?

Will the significant increase in share capital from ₹13.36 crore to ₹37.36 crore lead to changes in dividend policy or earnings per share expectations?

What impact might this capital infusion have on Onelife Capital's competitive positioning within the financial advisory sector?

Onelife Capital Advisors
View Company Insights
View All News
like17
dislike

More News on Onelife Capital Advisors

1 Year Returns:+60.99%