FREE Account Opening + No Clearing Fees
Loading...

Choice International Rights Issue vs Kesoram Industries Rights Issue

Comparision 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 Limited Kesoram Industries Limited
Logo Choice International Rights Issue Logo Kesoram Industries Rights Issue Logo
Listing At BSE BSE, NSE
Terms of Payment The 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.
Entitlement 1 Equity Shares for every 4 existing share held by the eligible shareholder as on the Record date 133 Rights Equity Shares for every 274 Equity Shares held on the Record Date
Application Form Application Form Application Form
Letter of Offer Letter of Offer Letter of Offer
Registrar Cameo Corporate Services Limited Link Intime India Private Ltd
Lead Managers Saffron Capital Advisors Private Limited Dam Capital Advisors Ltd (Formerly Idfc Securities 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 Limited Kesoram Industries Limited
Issue Size 99,51,200 shares 7,99,99,665 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 Limited Kesoram Industries Limited
Record Date Jan 20, 2022 Sep 17, 2021
Credit of Rights Entitlements Jan 27, 2022 Sep 24, 2021
Bid/Offer Opens On Feb 01, 2022 Sep 27, 2021
Renunciation of Rights Entitlements Feb 10, 2022 Oct 06, 2021
Bid/Offer Closes On Feb 15, 2022 Oct 11, 2021
Deemed Date of Allotment Feb 24, 2022 Oct 21, 2021
Credit Date Feb 28, 2022 Oct 22, 2021
Listing Date Mar 01, 2022 Oct 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 Limited Kesoram 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)

Comments

Add a public comment...