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Arvind Fashions Rights Issue vs L&T Finance Rights Issue

Comparision between Arvind Fashions Rights Issue and L&T Finance Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Arvind Fashions Rights Issue and L&T Finance Rights Issue. Arvind Fashions Rights Issue is listed on BSE while L&T Finance Rights Issue is listed on BSE, NSE.

  Arvind Fashions Limited L&T Finance Holdings Limited
Logo Arvind Fashions Rights Issue Logo L&T Finance Rights Issue Logo
Listing At BSE BSE, NSE
Terms of Payment On Application, Investors will have to pay Rs 70 per Rights Equity Share (~52% of the Issue Price). The balance of Rs 65 per Rights Equity Share (~48% of the Issue Price) will have to be paid in the first and final call at such time as may be determined by the Company Board at its sole discretion. The full amount of Rs.65 per Rights Equity Share is payable on Application.
Entitlement 3 Rights Equity Share for every 20 Fully Paid-up equity shares held on the Record Date 17 Equity Share for every 74 Fully Paid-up Equity Shares held on the Record Date
Application Form Application Form Application Form
Letter of Offer Letter of Offer Letter of Offer
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Vivro Financial Services Private Limited Axis Capital Limited

Bob Capital Markets Limited

Citigroup Global Markets India Private Limited

Credit Suisse Securities (India) Private Limited

Hsbc Securities & Capital Markets Pvt Ltd

ICICI Securities Limited

Motilal Oswal Investment Advisors Limited

SBI Capital Markets Limited

Ubs Securities India Private Limited

Rights Issue Size and Price

The issue size of Arvind Fashions Rights Issue rights issue is ₹199.84 Crores, whereas L&T Finance Rights Issue rights issue size is ₹2,998.61 Crores.

  Arvind Fashions Limited L&T Finance Holdings Limited
Issue Size 1,48,02,856 shares 46,13,25,021 shares
Issue Size (Amount) ₹199.84 Crores ₹2,998.61 Crores
Issue Price ₹135 per share ₹65 per share
Face Value ₹4 per share ₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Arvind Fashions Rights Issue is Feb 24, 2021 while record date of L&T Finance Rights Issue is Jan 22, 2021.

  Arvind Fashions Limited L&T Finance Holdings Limited
Record Date Feb 24, 2021 Jan 22, 2021
Credit of Rights Entitlements
Bid/Offer Opens On Mar 04, 2021 Feb 01, 2021
Renunciation of Rights Entitlements Mar 12, 2021
Bid/Offer Closes On Mar 18, 2021 Feb 15, 2021
Deemed Date of Allotment Mar 25, 2021 Feb 23, 2021
Credit Date Mar 26, 2021 Feb 24, 2021
Listing Date Mar 31, 2021 Feb 26, 2021

Financials details

Comparison of Arvind Fashions Rights Issue and L&T Finance 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.

  Arvind Fashions Limited L&T Finance Holdings Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-20 31-Mar-19
Total Assets 4,451.24 3,524.34
Total Revenue 3,926.08 4,647.99
Profit After Tax (399.36) 21.48
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
31-Dec-20 (Un-audited) 31-Mar-20 31-Mar-19
Total Revenue 10,298.59 14,175.50 12,989.72
Profit After Tax 682.91 1,700.26 2,232.03
Total Assets 1,10,510.01 1,09,529.02 1,06,055.10

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