Post offer advertisement: open offer for up to 3,77,44,200 shares (26.00%) at Rs. 2.32 each
Cubical Financial Services: Corporate Makers Capital Ltd, manager to the offer, has submitted the post offer public announcement to BSE.
- Offer size
- up to 3,77,44,200 equity shares, 26.00% of the emerging equity and voting share capital
- Offer price
- Rs. 2.32 per share
- Shares for which acceptances were received
- 2,32,155
Post offer advertisement submitted to BSE
Corporate Makers Capital Limited, the manager to the offer, has submitted to BSE a copy of the post offer public announcement for the open offer for equity shares of Cubical Financial Services Limited. The advertisement, dated October 07, 2026, was published on October 08, 2026 in the Hindi and English editions of Business Standard and Mumbai Pratahkal.
The offer at a glance
- Up to 3,77,44,200 equity shares, being 26.00% of the emerging equity and voting share capital of the target company.
- Offer price: Rs. 2.32 per equity share.
- Size of the target company's equity share capital: Rs. 14,51,70,000.
- Shares for which acceptances were received: 2,32,155.
- Offer opened on Thursday, September 17, 2026 and closed on Wednesday, September 30, 2026.
Who is behind the offer
- Acquirers: Mr. Manoj Agrawal (Acquirer-1) and Mr. Amit Kumar Saraogi (Acquirer-2).
- Persons acting in concert: Mrs. Shikha Agrawal, M/s Manoj Agrawal HUF and Mrs. Kanchan Saraogi.
What an open offer is
An open offer is a public invitation to the existing shareholders of a company to sell their shares to the acquirers at a stated price. Here the price offered is Rs. 2.32 per equity share and the acquirers sought up to 26.00% of the emerging equity and voting share capital.
Where this advertisement fits
This is the advertisement published after the offer window, which ran from September 17, 2026 to September 30, 2026, and it sets out the shares for which acceptances were received. The manager to the offer has requested BSE to disseminate the announcement to the public.
What shareholders can take from it
- The offer size, the price and the offer period are stated together, so shareholders can check the terms on which the acquirers sought shares.
- The number of shares for which acceptances were received is shown as 2,32,155.
- The acquirers and persons acting in concert are named, which tells a shareholder who was buying.
More numbers
- Equity shares sought in the open offer3,77,44,200
- Share of emerging equity and voting share capital26.00%
- Offer price per equity shareRs. 2.32
- Size of the target company's equity share capitalRs. 14,51,70,000
- Shares for which acceptances were received2,32,155
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