Globe Textiles Rights Issue 2024 vs The South Indian Bank Rights Issue 2024

Comparison between Globe Textiles Rights Issue 2024 and The South Indian Bank Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Globe Textiles Rights Issue 2024 and The South Indian Bank Rights Issue 2024. Globe Textiles Rights Issue 2024 is listed on NSE while The South Indian Bank Rights Issue 2024 is listed on BSE, NSE.

 Globe Textiles (india) LimitedThe South Indian Bank Limited
LogoGlobe Textiles Rights Issue 2024 LogoThe South Indian Bank Rights Issue 2024 Logo
Listing AtNSEBSE, NSE
Terms of Payment

Rs. 3/- per Rights Equity Share (including a share premium of Rs. 1 per Rights Equity Share) shall be payable on application.

Rights Issue Price: Rs.22 per Rights Equity Share fully paid-up (including a premium of Rs.21 per Rights Equity Share) payable on Application.

Entitlement1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 4 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.MUFG Intime India Pvt.Ltd.
Lead ManagersIIFL Capital Services Ltd.

Rights Issue Size and Price

The issue size of Globe Textiles Rights Issue 2024 rights issue is ₹49.00 Crores, whereas The South Indian Bank Rights Issue 2024 rights issue size is ₹1,151.00 Crores.

 Globe Textiles (india) LimitedThe South Indian Bank Limited
Issue Size15,11,41,500 shares52,31,85,254 shares
Issue Size (Amount)₹49.00 Crores₹1,151.00 Crores
Issue Price₹3 per share₹22 per share
Face Value₹2 per share₹1 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Globe Textiles Rights Issue 2024 is Feb 23, 2024 while record date of The South Indian Bank Rights Issue 2024 is Feb 27, 2024.

 Globe Textiles (india) LimitedThe South Indian Bank Limited
Record DateFeb 23, 2024Feb 27, 2024
Credit of Rights EntitlementsFeb 28, 2024Mar 05, 2024
Bid/Offer Opens OnMar 06, 2024Mar 06, 2024
Renunciation of Rights EntitlementsMar 12, 2024Mar 14, 2024
Bid/Offer Closes OnMar 20, 2024Mar 20, 2024
Deemed Date of AllotmentMar 19, 2024Apr 05, 2024
Credit DateMar 26, 2024Apr 09, 2024
Listing DateMar 29, 2024Apr 12, 2024

Financials details

Comparison of Globe Textiles Rights Issue 2024 and The South Indian Bank 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.

 Globe Textiles (india) LimitedThe South Indian Bank Limited
Financial

Globe Textiles (india) Limited Financial Information (Restated)

Globe Textiles (india) Limited's revenue increased by 4.22% and profit after tax (PAT) dropped by -12.27% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 2022
Assets239.16258.77
Revenue401.83385.56
Profit After Tax4.515.14
Amount in ₹ Crore

The South Indian Bank Limited Financial Information (Restated Consolidated)

The South Indian Bank Limited's revenue increased by 5.57% and profit after tax (PAT) rose by 1630.22% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 2022
Assets107,697.16100,051.87
Revenue8,044.557,620.44
Profit After Tax775.3144.81
Net Worth6,098.03
Reserves and Surplus6,465.355,643.69
Total Borrowing6,993.853,294.49
Amount in ₹ Crore

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Globe Textiles Rights Issue 2024 Vs The South Indian Bank Rights Issue 2024