Advik Capital Rights Issue 2023 vs Syschem India Rights Issue 2023

Comparison between Advik Capital Rights Issue 2023 and Syschem India 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 Syschem India Rights Issue 2023. Advik Capital Rights Issue 2023 is listed on BSE while Syschem India Rights Issue 2023 is listed on BSE.

 Advik Capital LimitedSyschem (India) Limited
LogoAdvik Capital Rights Issue 2023 LogoSyschem India Rights Issue 2023 Logo
Listing AtBSEBSE
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 Rs. 40/- per equity shares is payable on application.

Entitlement17 Rights Equity Share(s) for every 18 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 4 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.Beetal Financial & Computer Services Pvt.Ltd.
Lead ManagersNovus Capital Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Advik Capital Rights Issue 2023 rights issue is ₹49.91 Crores, whereas Syschem India Rights Issue 2023 rights issue size is ₹31.89 Crores.

 Advik Capital LimitedSyschem (India) Limited
Issue Size20,79,60,320 shares79,72,600 shares
Issue Size (Amount)₹49.91 Crores₹31.89 Crores
Issue Price₹2.4 per share₹40 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 Syschem India Rights Issue 2023 is Sep 29, 2023.

 Advik Capital LimitedSyschem (India) Limited
Record DateSep 07, 2023Sep 29, 2023
Credit of Rights EntitlementsSep 12, 2023
Bid/Offer Opens OnSep 18, 2023Oct 16, 2023
Renunciation of Rights EntitlementsSep 26, 2023Oct 23, 2023
Bid/Offer Closes OnOct 06, 2023Oct 27, 2023
Deemed Date of AllotmentOct 04, 2023Nov 04, 2023
Credit DateOct 09, 2023Nov 08, 2023
Listing DateOct 13, 2023Nov 13, 2023

Financials details

Comparison of Advik Capital Rights Issue 2023 and Syschem India 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 LimitedSyschem (India) 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

Syschem (India) Limited Financial Information (Restated)

Syschem (India) Limited's revenue decreased by -54.56% and profit after tax (PAT) dropped by -69.23% between the financial year ending with July 31, 2023 and March 31, 2023.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets93.0492.7159.8177.17
Revenue59.36130.6365.7674.67
Profit After Tax1.394.51-1.71-5.57
Net Worth23.6922.306.947.12
Reserves and Surplus
Total Borrowing1.521.611.7512.56
Amount in ₹ Crore

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Advik Capital Rights Issue 2023 Vs Syschem India Rights Issue 2023