ARC Finance Rights Issue 2024 vs Rapid Investments Rights Issue 2024

Comparison between ARC Finance Rights Issue 2024 and Rapid Investments Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for ARC Finance Rights Issue 2024 and Rapid Investments Rights Issue 2024. ARC Finance Rights Issue 2024 is listed on BSE while Rapid Investments Rights Issue 2024 is listed on BSE.

 Arc Finance LtdRapid Investments Ltd.
LogoARC Finance Rights Issue 2024 LogoRapid Investments Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

The Issue Price of Rs. 1.20/- per Equity Share shall be payable at the time of Application

The entire amount of Rs 100 (including a premium of Rs 90) is payable at the time of application

Entitlement4 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date25 Rights Equity Share(s) for every 39 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.MUFG Intime India Pvt.Ltd.
Lead Managers

Rights Issue Size and Price

The issue size of ARC Finance Rights Issue 2024 rights issue is ₹48.48 Crores, whereas Rapid Investments Rights Issue 2024 rights issue size is ₹8.40 Crores.

 Arc Finance LtdRapid Investments Ltd.
Issue Size40,39,60,000 shares8,39,744 shares
Issue Size (Amount)₹48.48 Crores₹8.40 Crores
Issue Price₹1.2 per share₹100 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 ARC Finance Rights Issue 2024 is Oct 10, 2024 while record date of Rapid Investments Rights Issue 2024 is Sep 18, 2024.

 Arc Finance LtdRapid Investments Ltd.
Record DateOct 10, 2024Sep 18, 2024
Credit of Rights EntitlementsOct 21, 2024Sep 24, 2024
Bid/Offer Opens OnOct 21, 2024Sep 26, 2024
Renunciation of Rights EntitlementsNov 12, 2024Oct 04, 2024
Bid/Offer Closes OnNov 19, 2024Oct 10, 2024
Deemed Date of AllotmentNov 21, 2024Sep 16, 2024
Credit DateDec 03, 2024Sep 18, 2024
Listing DateDec 03, 2024Sep 18, 2024

Financials details

Comparison of ARC Finance Rights Issue 2024 and Rapid Investments 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.

 Arc Finance LtdRapid Investments Ltd.
Financial

Arc Finance Ltd Financial Information (Restated Consolidated)

Arc Finance Ltd's revenue increased by 34% and profit after tax (PAT) dropped by -17% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets71.570.9479.27
Revenue9.246.9232.59
Profit After Tax0.270.330.28
Reserves and Surplus0.630.560.47
Amount in ₹ Crore

Rapid Investments Ltd. Financial Information (Restated)

Rapid Investments Ltd.'s revenue increased by 440% and profit after tax (PAT) rose by 489% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets9.999.312.52
Revenue1.950.360.5
Profit After Tax0.20.030
Amount in ₹ Crore

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ARC Finance Rights Issue 2024 Vs Rapid Investments Rights Issue 2024