Choice International Rights Issue vs Kesoram Industries Rights Issue

Comparison between Choice International Rights Issue and Kesoram Industries Rights Issue.

Rights Issue details

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

 Choice International LimitedKesoram Industries Limited
LogoChoice International Rights Issue LogoKesoram Industries 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.On Application, the Investors will have to pay ₹25 per Rights Equity Share, and the balance ₹25 per Rights Equity Share will have to be paid as First and Final call – anytime within six months from the date of allotment of Rights Equity Shares, as may be decided by the Board at its sole discretion.
Entitlement1 Equity Shares for every 4 existing share held by the eligible shareholder as on the Record date133 Rights Equity Shares for every 274 Equity Shares held on the 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.Dam Capital Advisors Ltd.

Rights Issue Size and Price

The issue size of Choice International Rights Issue rights issue is ₹50.75 Crores, whereas Kesoram Industries Rights Issue rights issue size is ₹400.00 Crores.

 Choice International LimitedKesoram Industries Limited
Issue Size99,51,200 shares7,99,99,665 shares
Issue Size (Amount)₹50.75 Crores₹400.00 Crores
Issue Price₹51 per share₹50 per share
Face Value₹10 per share₹10 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 Kesoram Industries Rights Issue is Sep 17, 2021.

 Choice International LimitedKesoram Industries Limited
Record DateJan 20, 2022Sep 17, 2021
Credit of Rights EntitlementsJan 27, 2022Sep 24, 2021
Bid/Offer Opens OnFeb 01, 2022Sep 27, 2021
Renunciation of Rights EntitlementsFeb 10, 2022Oct 06, 2021
Bid/Offer Closes OnFeb 15, 2022Oct 11, 2021
Deemed Date of AllotmentFeb 24, 2022Oct 21, 2021
Credit DateFeb 28, 2022Oct 22, 2021
Listing DateMar 01, 2022Oct 28, 2021

Financials details

Comparison of Choice International Rights Issue and Kesoram Industries 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 LimitedKesoram Industries 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 32,757.4 32,117.9
Total Income 27,249.3 26,859.8
Profit After Tax 1,401.1 (1,875.3)

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Choice International Rights Issue Vs Kesoram Industries Rights Issue