Mangalam Global Enterprise Rights Issue 2024 vs Solara Active Pharma Sciences Rights Issue 2024

Comparison between Mangalam Global Enterprise Rights Issue 2024 and Solara Active Pharma Sciences Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Mangalam Global Enterprise Rights Issue 2024 and Solara Active Pharma Sciences Rights Issue 2024. Mangalam Global Enterprise Rights Issue 2024 is listed on NSE while Solara Active Pharma Sciences Rights Issue 2024 is listed on BSE, NSE.

 Mangalam Global Enterprise LimitedSolara Active Pharma Sciences Ltd
LogoMangalam Global Enterprise Rights Issue 2024 LogoSolara Active Pharma Sciences Rights Issue 2024 Logo
Listing AtNSEBSE, NSE
Terms of Payment

The entire amount of the Issue Price of ₹20 per Rights Equity Share shall be payable at the time of Application.

Issue Price of Rs.375/- per share is payable as Rs.131.25 per share on Application. The remaining amount will be called within 24 months from the date of allotment in the Issue or within such extended period as may be determined by the Board or Rights Issue Committee of the Company at its sole discretion from time to time.

Entitlement1 Rights Equity Share(s) for every 7 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Lead ManagersChoice Capital Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Mangalam Global Enterprise Rights Issue 2024 rights issue is ₹41.20 Crores, whereas Solara Active Pharma Sciences Rights Issue 2024 rights issue size is ₹449.95 Crores.

 Mangalam Global Enterprise LimitedSolara Active Pharma Sciences Ltd
Issue Size2,06,00,000 shares1,19,98,755 shares
Issue Size (Amount)₹41.20 Crores₹449.95 Crores
Issue Price₹20 per share₹375 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 Mangalam Global Enterprise Rights Issue 2024 is May 24, 2024 while record date of Solara Active Pharma Sciences Rights Issue 2024 is May 15, 2024.

 Mangalam Global Enterprise LimitedSolara Active Pharma Sciences Ltd
Record DateMay 24, 2024May 15, 2024
Credit of Rights EntitlementsMay 27, 2024
Bid/Offer Opens OnJun 03, 2024May 28, 2024
Renunciation of Rights EntitlementsJun 07, 2024Jun 05, 2024
Bid/Offer Closes OnJun 12, 2024Jun 11, 2024
Deemed Date of AllotmentJun 14, 2024Jun 19, 2024
Credit DateJun 17, 2024Jun 19, 2024
Listing DateJun 19, 2024Jun 20, 2024

Financials details

Comparison of Mangalam Global Enterprise Rights Issue 2024 and Solara Active Pharma Sciences 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.

 Mangalam Global Enterprise LimitedSolara Active Pharma Sciences Ltd
Financial

Mangalam Global Enterprise Limited Financial Information (Restated Consolidated)

Mangalam Global Enterprise Limited's revenue increased by 11.47% and profit after tax (PAT) rose by 251.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets439.17270.89221.91
Revenue1,430.441,283.22964.69
Profit After Tax12.703.614.74
Reserves and Surplus86.7153.6444.51
Total Borrowing238.31119.94121.30
Amount in ₹ Crore

Solara Active Pharma Sciences Ltd Financial Information (Restated Consolidated)

Solara Active Pharma Sciences Ltd's revenue increased by 13.82% and profit after tax (PAT) rose by 61.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets28.9929.4526.14
Revenue14.6612.8816.46
Profit After Tax-0.22-0.582.21
Amount in ₹ Crore

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Mangalam Global Enterprise Rights Issue 2024 Vs Solara Active Pharma Sciences Rights Issue 2024