Bharti Airtel Rights Issue vs Choice International Rights Issue

Comparison between Bharti Airtel Rights Issue and Choice International Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Bharti Airtel Rights Issue and Choice International Rights Issue. Bharti Airtel Rights Issue is listed on while Choice International Rights Issue is listed on BSE.

 Bharti Airtel LimitedChoice International Limited
LogoBharti Airtel Rights Issue LogoChoice International Rights Issue Logo
Listing AtBSE
Terms of PaymentOn application, the investors will have to pay ₹ 133.75 per rights equity share which constitutes 25% of the issue price. The balance ₹ 401.25 per rights equity share which constitutes 75% of the issue price, will have to be paid on two more additional calls as may be decided by the board/ committee of the board from time to time.The entire amount of the issue price of ₹ 51/- per rights equity share shall be payable at the time of application.
Entitlement1 Rights Equity Share for every 14 Equity Shares held on the Record Date.1 Equity Shares for every 4 existing share held by the eligible shareholder as on the Record date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarKfin Technologies Ltd.Cameo Corporate Services Ltd.
Lead ManagersJM Financial Ltd.

ICICI Securities Ltd.

HDFC Bank Ltd.

Goldman Sachs (India) Securities Pvt.Ltd.

BOFA Securities India Ltd.

BNP Paribas

Kotak Mahindra Capital Co.Ltd.

Citigroup Global Markets India Pvt.Ltd.

JP Morgan India Pvt.Ltd.

Axis Capital Ltd.
Saffron Capital Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Bharti Airtel Rights Issue rights issue is ₹20,987.39 Crores, whereas Choice International Rights Issue rights issue size is ₹50.75 Crores.

 Bharti Airtel LimitedChoice International Limited
Issue Size39,22,87,662 shares99,51,200 shares
Issue Size (Amount)₹20,987.39 Crores₹50.75 Crores
Issue Price₹535 per share₹51 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 Bharti Airtel Rights Issue is Sep 28, 2021 while record date of Choice International Rights Issue is Jan 20, 2022.

 Bharti Airtel LimitedChoice International Limited
Record DateSep 28, 2021Jan 20, 2022
Credit of Rights EntitlementsOct 04, 2021Jan 27, 2022
Bid/Offer Opens OnOct 05, 2021Feb 01, 2022
Renunciation of Rights EntitlementsOct 14, 2021Feb 10, 2022
Bid/Offer Closes OnOct 21, 2021Feb 15, 2022
Deemed Date of AllotmentOct 28, 2021Feb 24, 2022
Credit DateOct 29, 2021Feb 28, 2022
Listing DateNov 01, 2021Mar 01, 2022

Financials details

Comparison of Bharti Airtel Rights Issue and Choice International 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.

 Bharti Airtel LimitedChoice International Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
31-Mar-21 31-Mar-20
Total Assets 3,460,278 3,607,790
Total Income 1,012,586 862,122
Profit After Tax (123,640) (306,642)
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 6,555.87 5,028.04
Total Income 1,758.15 1,342.18
Profit After Tax 167.10 124.31

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Bharti Airtel Rights Issue Vs Choice International Rights Issue