Choice International Rights Issue vs Indian Hotels Rights Issue

Comparison between Choice International Rights Issue and Indian Hotels Rights Issue.

Rights Issue details

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

 Choice International LimitedThe Indian Hotels Company Limited
LogoChoice International Rights Issue LogoIndian Hotels Rights Issue Logo
Listing AtBSEBSE, NSE
Terms of PaymentThe entire amount of the issue price of ₹ 51/- per rights equity share shall be payable at the time of application.The full amount of issue price i.e. ₹ 150 is payable on application.
Entitlement1 Equity Shares for every 4 existing share held by the eligible shareholder as on the Record date1 Equity share for Every 9 fully paid up shares held by eligible shareholder on Record date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarCameo Corporate Services Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersSaffron Capital Advisors Pvt.Ltd.Kotak Mahindra Capital Co.Ltd.

HSBC Securities & Capital Markets (India) Pvt.Ltd.

Rights Issue Size and Price

The issue size of Choice International Rights Issue rights issue is ₹50.75 Crores, whereas Indian Hotels Rights Issue rights issue size is ₹1,982.10 Crores.

 Choice International LimitedThe Indian Hotels Company Limited
Issue Size99,51,200 shares13,21,39,827 shares
Issue Size (Amount)₹50.75 Crores₹1,982.10 Crores
Issue Price₹51 per share₹150 per share
Face Value₹10 per share₹1 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Choice International Rights Issue is Jan 20, 2022 while record date of Indian Hotels Rights Issue is Nov 13, 2021.

 Choice International LimitedThe Indian Hotels Company Limited
Record DateJan 20, 2022Nov 13, 2021
Credit of Rights EntitlementsJan 27, 2022Nov 18, 2021
Bid/Offer Opens OnFeb 01, 2022Nov 24, 2021
Renunciation of Rights EntitlementsFeb 10, 2022Dec 02, 2021
Bid/Offer Closes OnFeb 15, 2022Dec 08, 2021
Deemed Date of AllotmentFeb 24, 2022Dec 17, 2021
Credit DateFeb 28, 2022Dec 20, 2021
Listing DateMar 01, 2022Dec 22, 2021

Financials details

Comparison of Choice International Rights Issue and Indian Hotels 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.

 Choice International LimitedThe Indian Hotels Company Limited
Financial
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
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 115,127.1 115,182.6
Total Income 17,398.8 45,955.6
Profit After Tax - 6,942.1 3,507.7

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Choice International Rights Issue Vs Indian Hotels Rights Issue