Franklin Industries Rights Issue 2024 vs Sobhagya Merchantile Rights Issue 2024

Comparison between Franklin Industries Rights Issue 2024 and Sobhagya Merchantile Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Franklin Industries Rights Issue 2024 and Sobhagya Merchantile Rights Issue 2024. Franklin Industries Rights Issue 2024 is listed on BSE while Sobhagya Merchantile Rights Issue 2024 is listed on BSE.

 Franklin Industries LtdSobhagya Merchantile Ltd.
LogoFranklin Industries Rights Issue 2024 LogoSobhagya Merchantile Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

The Issue Price of Rs. 3.58/- per Equity Share shall be payable at the time of application.

100% of the Issue Price is payable on Application

Entitlement3 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date34 Rights Equity Share(s) for every 1 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.Purva Sharegistry (India) Pvt.Ltd.
Lead ManagersMark Corporate Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Franklin Industries Rights Issue 2024 rights issue is ₹38.83 Crores, whereas Sobhagya Merchantile Rights Issue 2024 rights issue size is ₹17.14 Crores.

 Franklin Industries LtdSobhagya Merchantile Ltd.
Issue Size10,84,50,000 shares81,60,000 shares
Issue Size (Amount)₹38.83 Crores₹17.14 Crores
Issue Price₹3.58 per share₹21 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 Franklin Industries Rights Issue 2024 is May 13, 2024 while record date of Sobhagya Merchantile Rights Issue 2024 is Apr 23, 2024.

 Franklin Industries LtdSobhagya Merchantile Ltd.
Record DateMay 13, 2024Apr 23, 2024
Credit of Rights EntitlementsMay 23, 2024May 03, 2024
Bid/Offer Opens OnMay 24, 2024May 06, 2024
Renunciation of Rights EntitlementsMay 05, 2024May 16, 2024
Bid/Offer Closes OnJun 11, 2024May 21, 2024
Deemed Date of AllotmentJun 15, 2024May 28, 2024
Credit DateJun 24, 2024May 29, 2024
Listing DateJun 24, 2024Jun 03, 2024

Financials details

Comparison of Franklin Industries Rights Issue 2024 and Sobhagya Merchantile 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.

 Franklin Industries LtdSobhagya Merchantile Ltd.
Financial

Franklin Industries Ltd Financial Information (Restated)

Franklin Industries Ltd's revenue increased by 20.14% and profit after tax (PAT) rose by 2973.71% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets9.8211.336.34
Revenue20.5217.0815.17
Profit After Tax0.210.0115.17
Reserves and Surplus0.480.260.25
Amount in ₹ Crore

Sobhagya Merchantile Ltd. Financial Information (Restated Standalone)

Sobhagya Merchantile Ltd.'s revenue increased by 56.5% and profit after tax (PAT) dropped by -2.12% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets87.7851.8734.97
Revenue112.0871.6242.37
Profit After Tax10.7310.967.91
Reserves and Surplus35.3424.6213.64
Amount in ₹ Crore

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Franklin Industries Rights Issue 2024 Vs Sobhagya Merchantile Rights Issue 2024