Banas Finance Rights Issue 2022 vs Maharashtra Corporation Rights Issue 2022

Comparison between Banas Finance Rights Issue 2022 and Maharashtra Corporation Rights Issue 2022.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Banas Finance Rights Issue 2022 and Maharashtra Corporation Rights Issue 2022. Banas Finance Rights Issue 2022 is listed on BSE while Maharashtra Corporation Rights Issue 2022 is listed on BSE.

 Banas Finance LimitedMaharashtra Corporation Iimíted
LogoBanas Finance Rights Issue 2022 LogoMaharashtra Corporation Rights Issue 2022 Logo
Listing AtBSEBSE
Terms of PaymentFull Amount on ApplicationPartial - ₹0.25 on Application
Entitlement24 Rights Equity Shares for every 25 fully paid-up Equity Shares held on the Record Date11 Rights Equity Shares for every 3 fully paid-up Equity Shares held on the Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarPurva Sharegistry (India) Pvt.Ltd.Adroit Corporate Services Pvt.Ltd.
Lead ManagersCapital Square Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Banas Finance Rights Issue 2022 rights issue is ₹49.25 Crores, whereas Maharashtra Corporation Rights Issue 2022 rights issue size is ₹49.62 Crores.

 Banas Finance LimitedMaharashtra Corporation Iimíted
Issue Size2,46,22,781 shares49,62,22,210 shares
Issue Size (Amount)₹49.25 Crores₹49.62 Crores
Issue Price₹20 per share₹1 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 Banas Finance Rights Issue 2022 is Jun 24, 2022 while record date of Maharashtra Corporation Rights Issue 2022 is Jul 08, 2022.

 Banas Finance LimitedMaharashtra Corporation Iimíted
Record DateJun 24, 2022Jul 08, 2022
Credit of Rights EntitlementsJul 04, 2022Jul 15, 2022
Bid/Offer Opens OnJul 05, 2022Jul 19, 2022
Renunciation of Rights EntitlementsJul 14, 2022Jul 27, 2022
Bid/Offer Closes OnJul 19, 2022Aug 17, 2022
Deemed Date of AllotmentJul 28, 2022Aug 17, 2022
Credit DateAug 01, 2022Aug 19, 2022
Listing DateAug 02, 2022Aug 22, 2022

Financials details

Comparison of Banas Finance Rights Issue 2022 and Maharashtra Corporation Rights Issue 2022 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.

 Banas Finance LimitedMaharashtra Corporation Iimíted
Financial
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs.in Lakhs)
  31-Mar-22 31-Mar-21
Total Assets 18,808.10 10,426.92
Total Income 10,094.86 1,446.99
Profit After Tax 6,917.79 1,165.91
Summary of financial Information
Particulars For the year/period ended (Rs.in Lakhs)
  31-Mar-21 31-Mar-20
Total Assets 1,346.40 1,216.73
Total Income 41.79 1.910
Profit After Tax 0.56 -7.31

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Banas Finance Rights Issue 2022 Vs Maharashtra Corporation Rights Issue 2022