Advik Capital Rights Issue 2024 vs Sahana System Rights Issue 2024

Comparison between Advik Capital Rights Issue 2024 and Sahana System Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Advik Capital Rights Issue 2024 and Sahana System Rights Issue 2024. Advik Capital Rights Issue 2024 is listed on BSE while Sahana System Rights Issue 2024 is listed on NSE.

 Advik Capital LtdSahana System Limited
LogoAdvik Capital Rights Issue 2024 LogoSahana System Rights Issue 2024 Logo
Listing AtBSENSE
Terms of Payment

Aggregate amount payable at the time of application.

The entire amount of the Issue Price of Rs. 890 per Rights Equity Share shall be payable at the time of Application.

Entitlement14 Rights Equity Share(s) for every 30 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 15` 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.Purva Sharegistry (India) Pvt.Ltd.
Lead ManagersNovus Capital Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Advik Capital Rights Issue 2024 rights issue is ₹49.95 Crores, whereas Sahana System Rights Issue 2024 rights issue size is ₹48.87 Crores.

 Advik Capital LtdSahana System Limited
Issue Size19,98,05,013 shares5,49,084 shares
Issue Size (Amount)₹49.95 Crores₹48.87 Crores
Issue Price₹2.5 per share₹890 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 2024 is Sep 12, 2024 while record date of Sahana System Rights Issue 2024 is Sep 25, 2024.

 Advik Capital LtdSahana System Limited
Record DateSep 12, 2024Sep 25, 2024
Credit of Rights EntitlementsSep 18, 2024Sep 25, 2024
Bid/Offer Opens OnSep 24, 2024Oct 11, 2024
Renunciation of Rights EntitlementsOct 01, 2024Oct 16, 2024
Bid/Offer Closes OnOct 14, 2024Oct 25, 2024
Deemed Date of AllotmentOct 31, 2024
Credit DateNov 08, 2024
Listing DateNov 11, 2024

Financials details

Comparison of Advik Capital Rights Issue 2024 and Sahana System Rights Issue 2024 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 LtdSahana System Limited
Financial

Advik Capital Ltd Financial Information (Restated Consolidated)

Advik Capital Ltd's revenue increased by 40% and profit after tax (PAT) dropped by -32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets204.18142.5616.69
Revenue848.06604.3746.58
Profit After Tax6.369.350.44
Net Worth123.4567.569.58
Total Borrowing78.6875.134.69
Amount in ₹ Crore

Sahana System Limited Financial Information (Restated Consolidated)

Sahana System Limited's revenue increased by 187% and profit after tax (PAT) rose by 193% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets96.0524.1314.29
Revenue69.2924.14
Profit After Tax18.216.21
Amount in ₹ Crore

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Advik Capital Rights Issue 2024 Vs Sahana System Rights Issue 2024