SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Arvind Fashions gains on getting nod to raise Rs 399.79 crore via rights issue

22 Jun 2020 Evaluate
Arvind Fashions is currently trading at Rs. 184.30, up by 2.15 points or 1.18% from its previous closing of Rs. 182.15 on the BSE.

The scrip opened at Rs. 190.00 and has touched a high and low of Rs. 190.00 and Rs. 184.05 respectively. So far 7287 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 673.62 on 27-Jun-2019 and a 52 week low of Rs. 110.55 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 190.00 and Rs. 168.15 respectively. The current market cap of the company is Rs. 1453.16 crore.

The promoters holding in the company stood at 35.58%, while Institutions and Non-Institutions held 36.52% and 27.90% respectively

Arvind Fashions has received approval to re-launch of its Rights Issue (which was earlier deferred due to the prevailing situation in the country and overall market conditions on account of COVID-19 pandemic) with revised issue size, issue price and entitlement ratio of the Rights Issue.

The Board has approved the issue of up to 3,99,79,347 equity shares of face value of Rs 4 each at an issue price of Rs 100 per equity share (including premium of  Rs 96 per Rights Equity Share) aggregating up to Rs 399.79 crore to all the existing equity shareholders of the Company on the record date, March 18, 2020 on a rights basis. The Company has revised the size of the Rights Issue from Rs 299.64 crore to up to Rs 399.79 crore.The meeting of the Board of Directors of the company held on June 21, 2020 approved the same.

Arvind Fashions, the Lalbhai Group's fastest-growing retail arm that was carved out in recent restructuring.

Arvind Fashions Share Price

457.65 -13.85 (-2.94%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4520.55
Trent 4248.80
Vishal Mega Mart 126.25
Aditya Birla Lifesty 105.99
PN Gadgil Jewellers 670.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×