Advik Capital Rights Issue 2023 vs Marshall Machines Rights Issue 2023

Comparison between Advik Capital Rights Issue 2023 and Marshall Machines Rights Issue 2023.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Advik Capital Rights Issue 2023 and Marshall Machines Rights Issue 2023. Advik Capital Rights Issue 2023 is listed on BSE while Marshall Machines Rights Issue 2023 is listed on NSE.

 Advik Capital LimitedMarshall Machines Limited
LogoAdvik Capital Rights Issue 2023 LogoMarshall Machines Rights Issue 2023 Logo
Listing AtBSENSE
Terms of Payment

Full amount of Rs. 2.40 per Equity Share (Including premium of Rs. 1.40per share) payable on Application.

The full amount of the Issue Price being ₹ 44.80 will be payable on application.

Entitlement17 Rights Equity Share(s) for every 18 fully paid-up Equity Shares held on Record Date7 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersNovus Capital Advisors Pvt.Ltd.Kunvarji Finstock Pvt.Ltd.

Rights Issue Size and Price

The issue size of Advik Capital Rights Issue 2023 rights issue is ₹49.91 Crores, whereas Marshall Machines Rights Issue 2023 rights issue size is ₹45.63 Crores.

 Advik Capital LimitedMarshall Machines Limited
Issue Size20,79,60,320 shares1,01,85,000 shares
Issue Size (Amount)₹49.91 Crores₹45.63 Crores
Issue Price₹2.4 per share₹44.8 per share
Face Value₹1 per share₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Advik Capital Rights Issue 2023 is Sep 07, 2023 while record date of Marshall Machines Rights Issue 2023 is Sep 29, 2023.

 Advik Capital LimitedMarshall Machines Limited
Record DateSep 07, 2023Sep 29, 2023
Credit of Rights EntitlementsSep 12, 2023
Bid/Offer Opens OnSep 18, 2023Oct 11, 2023
Renunciation of Rights EntitlementsSep 26, 2023Oct 16, 2023
Bid/Offer Closes OnOct 06, 2023Oct 26, 2023
Deemed Date of AllotmentOct 04, 2023Oct 30, 2023
Credit DateOct 09, 2023Oct 31, 2023
Listing DateOct 13, 2023Nov 06, 2023

Financials details

Comparison of Advik Capital Rights Issue 2023 and Marshall Machines Rights Issue 2023 financial data, including total revenue, PAT, and net worth. The table below also includes a list of all relevant documents like the Application Form and Letter of Offer. Related Parties like Lead Manager and Registrar are also mentioned in this section.

 Advik Capital LimitedMarshall Machines Limited
Financial
Advik Capital Rights Issue 2023 Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets14.3216.69142.56
Revenue6.2846.58604.37
Profit After Tax0.070.449.36
Net Worth9.169.5858.60
Reserves and Surplus
Total Borrowing2.834.6975.13
Amount in ₹ Crore

Marshall Machines Limited Financial Information (Restated)

Marshall Machines Limited's revenue decreased by -38.81% and profit after tax (PAT) rose by 121.38% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets141.29135.34132.78
Revenue37.0060.4667.25
Profit After Tax-6.90-3.120.36
Net Worth39.5345.9749.03
Reserves and Surplus24.9831.4234.48
Total Borrowing45.2540.1840.63
Amount in ₹ Crore

Compare with others

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Advik Capital Rights Issue 2023 Vs Marshall Machines Rights Issue 2023