Orbis Financial Corporation Limited Rights Issue

Orbis Financial Corporation Limited is Offering for 55,46,771 equity shares of face value of Rs. 10/- (Rupees Ten only) per share at a premium of Rs. 30.50 per share for cash, aggregating to Rs. ~22.46 Crores on rights basis. This is Right issue that means only shareholders of Orbis Financial Corporation Limited can participate in this offering. Now in Right Issue there are 2 important items to be understand.

Orbis Financial Corporation Limited Rights Issue Record date

It is that date on which you should be the shareholder of Orbis Financial Corporation to be eligible for the right issue. As per details obtained from Right Issue, if you are holding shares as on 28.01.2022 in your Demat Account, you can participate in the right issue.

Orbis Financial Corporation Limited Rights Issue Right Ratio

The right ratio is 1:16. That means you are entitled for 1 share in the right offering if you hold 16 shares as on 28.01.2022.

About Orbis Financials:

Established in the year 2005, Orbis is a SEBI registered Custodian of Securities and a Clearing member in all the market segments in India having commenced commercial operations in 2009. It commenced its RTA services in 2019 as a SEBI accredited Registrar & Share Transfer Agent (R&T Agent) followed by Trustee services as a SEBI accredited Trustee services provider. Headquartered in Gurugram, Haryana Orbis has played a credible role in growth of Indian Capital Markets offering a wide range of Securities Services to a broad array of Investors including foreign and domestic institutional investors including FPI, FDI, Mutual Funds, Insurance companies, Endowments & Trusts, High Networth Individuals, AIFs, Stock Brokers, Private Banks and Portfolio Managers. Orbis entered the financial markets as a Custodian in 2009 conceptualising and offering a range of forward looking services designed and customized to equip the investors across segments to efficiently manage their investing operations securely. Over this short period of operations, Orbis has established formidable goodwill specially in the Broker dealer segment focused towards brokers, portfolio managers, wealth managers, hedge funds and private equity funds staying positioned as a Custodian wholly dedicated to “Custodial Services”. Orbis is equipped with the ability to support investors in this rapidly changing environment through professionals and systems which are accessible, prompt, responsive, friendly, and provide customer-focused services and solutions which are economical, accurate, effective, and innovative. Robust State of the Art Integrated technology platform developed on an ERP system, allowing adaptability of products & services. The reporting solution that is wholly customized is found to be of immense utility to the Investor. As Clearing Members on BSE (Cash/ Currency Derivatives Segment), NSE (Cash/Debt/Equity & Currency Derivatives Segment) and MSEI (Currency Segment) and as Depository Participants on NSDL & CDSL, they combine their technology, processes and experienced team to offer these value-added Custody services.

Financials of Orbis Financial Corporation Limited

(Fig.in Lakhs) Form of Orbis Financial Corporation Limited Rights Issue