Grasim Industries Rights Issue 2024 vs Quest Softech India Rights Issue 2024

Comparison between Grasim Industries Rights Issue 2024 and Quest Softech India Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Grasim Industries Rights Issue 2024 and Quest Softech India Rights Issue 2024. Grasim Industries Rights Issue 2024 is listed on BSE, NSE while Quest Softech India Rights Issue 2024 is listed on BSE.

 Grasim Industries Ltd.Quest Softech (India) Limited
LogoGrasim Industries Rights Issue 2024 LogoQuest Softech India Rights Issue 2024 Logo
Listing AtBSE, NSEBSE
Terms of Payment

The amount of Rs. 453 per Rights Equity Share is to be paid on the Application. The balance of Rs 1,359 will be paid on up to three subsequent calls as determined by the Board.

An amount of Rs. 10/- per Rights Equity Share (including a premium of Rs. 6.67 per Rights Equity Share) to be paid on Application and balance to be paid in 2 calls as determined by the Board at its sole discretion from time to time.

Entitlement6 Rights Equity Share(s) for every 179 fully paid-up Equity Shares held on Record Date8 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarKfin Technologies Ltd.Purva Sharegistry (India) Pvt.Ltd.
Lead ManagersSBI Capital Markets Ltd.

Kotak Mahindra Capital Co.Ltd.

JM Financial Ltd.

Jefferies India Pvt.Ltd.

BOFA Securities India Ltd.

Axis Capital Ltd.

Rights Issue Size and Price

The issue size of Grasim Industries Rights Issue 2024 rights issue is ₹3,999.80 Crores, whereas Quest Softech India Rights Issue 2024 rights issue size is ₹48.00 Crores.

 Grasim Industries Ltd.Quest Softech (India) Limited
Issue Size2,20,73,935 shares1,60,00,000 shares
Issue Size (Amount)₹3,999.80 Crores₹48.00 Crores
Issue Price₹1812 per share₹30 per share
Face Value₹2 per share₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Grasim Industries Rights Issue 2024 is Jan 10, 2024 while record date of Quest Softech India Rights Issue 2024 is Jan 08, 2024.

 Grasim Industries Ltd.Quest Softech (India) Limited
Record DateJan 10, 2024Jan 08, 2024
Credit of Rights EntitlementsJan 16, 2024Feb 01, 2024
Bid/Offer Opens OnJan 17, 2024Feb 02, 2024
Renunciation of Rights EntitlementsJan 23, 2024Feb 08, 2024
Bid/Offer Closes OnJan 29, 2024Feb 15, 2024
Deemed Date of AllotmentFeb 08, 2024Feb 24, 2024
Credit DateFeb 09, 2024Feb 28, 2024
Listing DateFeb 12, 2024Mar 01, 2024

Financials details

Comparison of Grasim Industries Rights Issue 2024 and Quest Softech India 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.

 Grasim Industries Ltd.Quest Softech (India) Limited
Financial

Grasim Industries Ltd. Financial Information (Restated Consolidated)

Grasim Industries Ltd.'s revenue increased by 25.61% and profit after tax (PAT) dropped by -1.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets337,205.032,893.95267,554.21
Revenue121,239.1396,522.47267,554.21
Profit After Tax11,078.2011,206.296,986.70
Net Worth78,742.0075,698.0065,494.00
Reserves and Surplus78,610.0075,567.0075,567.00
Total Borrowing
Amount in ₹ Crore

Quest Softech (India) Limited Financial Information (Restated)

Quest Softech (India) Limited's revenue decreased by -28.11% and profit after tax (PAT) rose by 30.09% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets9.857.894.014.40
Revenue0.030.060.090.08
Profit After Tax-1.32-0.36-0.51-1.15
Net Worth2.013.333.694.20
Reserves and Surplus-7.99-6.67-6.31-8.92
Total Borrowing6.224.560.320.20
Amount in ₹ Crore

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