Onelife Capital Advisors jumps on getting nod to acquire 100% equity shares of step-down subsidiaries
Onelife Capital Advisors is currently trading at Rs. 11.50, up by 0.20 points or 1.77% from its previous closing of Rs. 11.30 on the BSE.
The scrip opened at Rs. 11.44 and has touched a high and low of Rs. 11.55 and Rs. 11.38 respectively. So far 7 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 21.50 on 19-Sep-2024 and a 52 week low of Rs. 9.39 on 28-Mar-2025.
Last one week high and low of the scrip stood at Rs. 12.97 and Rs. 10.71 respectively. The current market cap of the company is Rs. 15.23 crore.
The promoters holding in the company stood at 52.10%, while Non-Institutions held 47.90% stake in the company.
Onelife Capital Advisors’ board has approved the acquisition of 100% equity shares of the step-down subsidiaries -- Dealmoney Real Estate and Dealmoney Distribution & E-Marketing for a total consideration of Rs 25 crore.
Dealmoney Real Estate and Dealmoney Distribution & E-Marketing are wholly owned subsidiaries on Dealmoney Commodities, a 92.02% subsidiary of the company.
Onelife Capital Advisors, advises companies on fund raising as well as acquisition financing and structuring the deal to maximize value for all its stake holders.
