Bannari Amman Spinning Mills Rights Issue vs Praxis Home Retail Ltd Rights Issue

Comparison between Bannari Amman Spinning Mills Rights Issue and Praxis Home Retail Ltd 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 Praxis Home Retail Ltd Rights Issue. Bannari Amman Spinning Mills Rights Issue is listed on BSE, NSE while Praxis Home Retail Ltd Rights Issue is listed on BSE, NSE.

 Bannari Amman Spinning Mills LimitedPraxis Home Retail Ltd
LogoBannari Amman Spinning Mills Rights Issue LogoPraxis Home Retail Ltd 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. The full amount of the Issue Price being Rs. 11.35 will be payable on application.
Entitlement21 Rights Equity Shares for every 20 fully paid-up Equity Shares held on the Record date11 Rights Equity Shares for every 8 fully paid-up Equity Shares held as 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.Vivro Financial Services Pvt.Ltd.

Rights Issue Size and Price

The issue size of Bannari Amman Spinning Mills Rights Issue rights issue is ₹100.00 Crores, whereas Praxis Home Retail Ltd Rights Issue rights issue size is ₹49.49 Crores.

 Bannari Amman Spinning Mills LimitedPraxis Home Retail Ltd
Issue Size3,33,33,333 shares4,35,99,433 shares
Issue Size (Amount)₹100.00 Crores₹49.49 Crores
Issue Price₹30 per share₹11.35 per share
Face Value₹5 per share₹5 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 Praxis Home Retail Ltd Rights Issue is Sep 08, 2021.

 Bannari Amman Spinning Mills LimitedPraxis Home Retail Ltd
Record DateSep 09, 2021Sep 08, 2021
Credit of Rights EntitlementsSep 17, 2021Oct 20, 2021
Bid/Offer Opens OnSep 20, 2021Sep 21, 2021
Renunciation of Rights EntitlementsSep 28, 2021Sep 30, 2021
Bid/Offer Closes OnOct 04, 2021Oct 05, 2021
Deemed Date of AllotmentOct 11, 2021Oct 12, 2021
Credit DateOct 13, 2021Oct 13, 2021
Listing DateOct 14, 2021Oct 18, 2021

Financials details

Comparison of Bannari Amman Spinning Mills Rights Issue and Praxis Home Retail Ltd 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 LimitedPraxis Home Retail Ltd
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 (standalone)
Particulars For the year/period ended (Rs.in Crores)
31-Mar-21 31-Mar-20
Total Assets 397.24 625.10
Total Revenue 378.67 703.72
Profit After Tax (103.22) (80.72)

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Bannari Amman Spinning Mills Rights Issue Vs Praxis Home Retail Ltd Rights Issue