Advik Capital Rights Issue vs Rainbow Foundations Rights Issue

Comparison between Advik Capital Rights Issue and Rainbow Foundations Rights Issue.

Rights Issue details

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

 Advik Capital LimitedRainbow Foundations Limited
LogoAdvik Capital Rights Issue LogoRainbow Foundations Rights Issue Logo
Listing AtBSEBSE
Terms of PaymentFull Amount on ApplicationFull Amount on Application
Entitlement19 rights equity share for every 5 fully paid-up equity shares held on the record date8 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarSkyline Financial Services Pvt.Ltd.Cameo Corporate Services Ltd.
Lead ManagersTurnaround Corporate Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Advik Capital Rights Issue rights issue is ₹49.68 Crores, whereas Rainbow Foundations Rights Issue rights issue size is ₹48.52 Crores.

 Advik Capital LimitedRainbow Foundations Limited
Issue Size17,43,19,680 shares4,41,04,800 shares
Issue Size (Amount)₹49.68 Crores₹48.52 Crores
Issue Price₹2.85 per share₹11 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 is Mar 11, 2022 while record date of Rainbow Foundations Rights Issue is Mar 11, 2022.

 Advik Capital LimitedRainbow Foundations Limited
Record DateMar 11, 2022Mar 11, 2022
Credit of Rights EntitlementsMar 15, 2022Mar 17, 2022
Bid/Offer Opens OnMar 21, 2022Mar 25, 2022
Renunciation of Rights EntitlementsApr 01, 2022Apr 11, 2022
Bid/Offer Closes OnApr 07, 2022Apr 18, 2022
Deemed Date of AllotmentApr 19, 2022Apr 26, 2022
Credit DateApr 22, 2022Apr 28, 2022
Listing DateApr 26, 2022May 02, 2022

Financials details

Comparison of Advik Capital Rights Issue and Rainbow Foundations Rights Issue 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 LimitedRainbow Foundations Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Lakh)
  31-Mar-21 31-Mar-20
Total Assets 1585.95 1560.25
Total Income 627.97 755.14
Profit After Tax 6.16 10.97
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Lakhs)
  31-Mar-21 31-Mar-20
Total Assets 30,286.55 27,791.10
Total Income 3,768.32 2,915.97
Profit After Tax 114.38 170.13

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Advik Capital Rights Issue Vs Rainbow Foundations Rights Issue