Bannari Amman Spinning Mills Rights Issue vs Kesoram Industries Rights Issue

Comparison between Bannari Amman Spinning Mills Rights Issue and Kesoram Industries Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Bannari Amman Spinning Mills Rights Issue and Kesoram Industries Rights Issue. Bannari Amman Spinning Mills Rights Issue is listed on BSE, NSE while Kesoram Industries Rights Issue is listed on BSE, NSE.

 Bannari Amman Spinning Mills LimitedKesoram Industries Limited
LogoBannari Amman Spinning Mills Rights Issue LogoKesoram Industries Rights Issue Logo
Listing AtBSE, NSEBSE, NSE
Terms of PaymentThe entire amount of the Issue Price of Rs.30 per Rights Equity Share shall be payable at the time of Application. On Application, the Investors will have to pay ₹25 per Rights Equity Share, and the balance ₹25 per Rights Equity Share will have to be paid as First and Final call – anytime within six months from the date of allotment of Rights Equity Shares, as may be decided by the Board at its sole discretion.
Entitlement21 Rights Equity Shares for every 20 fully paid-up Equity Shares held on the Record date133 Rights Equity Shares for every 274 Equity Shares held on the Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersSaffron Capital Advisors Pvt.Ltd.Dam Capital Advisors Ltd.

Rights Issue Size and Price

The issue size of Bannari Amman Spinning Mills Rights Issue rights issue is ₹100.00 Crores, whereas Kesoram Industries Rights Issue rights issue size is ₹400.00 Crores.

 Bannari Amman Spinning Mills LimitedKesoram Industries Limited
Issue Size3,33,33,333 shares7,99,99,665 shares
Issue Size (Amount)₹100.00 Crores₹400.00 Crores
Issue Price₹30 per share₹50 per share
Face Value₹5 per share₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Bannari Amman Spinning Mills Rights Issue is Sep 09, 2021 while record date of Kesoram Industries Rights Issue is Sep 17, 2021.

 Bannari Amman Spinning Mills LimitedKesoram Industries Limited
Record DateSep 09, 2021Sep 17, 2021
Credit of Rights EntitlementsSep 17, 2021Sep 24, 2021
Bid/Offer Opens OnSep 20, 2021Sep 27, 2021
Renunciation of Rights EntitlementsSep 28, 2021Oct 06, 2021
Bid/Offer Closes OnOct 04, 2021Oct 11, 2021
Deemed Date of AllotmentOct 11, 2021Oct 21, 2021
Credit DateOct 13, 2021Oct 22, 2021
Listing DateOct 14, 2021Oct 28, 2021

Financials details

Comparison of Bannari Amman Spinning Mills Rights Issue and Kesoram Industries 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.

 Bannari Amman Spinning Mills LimitedKesoram Industries Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 11,148.21 12,473.28 12,633.70
Total Revenue 10,236.97 11,523.42 11,833.41
Profit After Tax (108.70) 62.00 237.14
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
31-Mar-21 31-Mar-20
Total Assets 32,757.4 32,117.9
Total Income 27,249.3 26,859.8
Profit After Tax 1,401.1 (1,875.3)

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