Marshall Machines Rights Issue 2023 vs Syschem India Rights Issue 2023

Comparison between Marshall Machines Rights Issue 2023 and Syschem India Rights Issue 2023.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Marshall Machines Rights Issue 2023 and Syschem India Rights Issue 2023. Marshall Machines Rights Issue 2023 is listed on NSE while Syschem India Rights Issue 2023 is listed on BSE.

 Marshall Machines LimitedSyschem (India) Limited
LogoMarshall Machines Rights Issue 2023 LogoSyschem India Rights Issue 2023 Logo
Listing AtNSEBSE
Terms of Payment

The full amount of the Issue Price being ₹ 44.80 will be payable on application.

The full amount of Rs. 40/- per equity shares is payable on application.

Entitlement7 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarBigshare Services Pvt.Ltd.Beetal Financial & Computer Services Pvt.Ltd.
Lead ManagersKunvarji Finstock Pvt.Ltd.

Rights Issue Size and Price

The issue size of Marshall Machines Rights Issue 2023 rights issue is ₹45.63 Crores, whereas Syschem India Rights Issue 2023 rights issue size is ₹31.89 Crores.

 Marshall Machines LimitedSyschem (India) Limited
Issue Size1,01,85,000 shares79,72,600 shares
Issue Size (Amount)₹45.63 Crores₹31.89 Crores
Issue Price₹44.8 per share₹40 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 Marshall Machines Rights Issue 2023 is Sep 29, 2023 while record date of Syschem India Rights Issue 2023 is Sep 29, 2023.

 Marshall Machines LimitedSyschem (India) Limited
Record DateSep 29, 2023Sep 29, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnOct 11, 2023Oct 16, 2023
Renunciation of Rights EntitlementsOct 16, 2023Oct 23, 2023
Bid/Offer Closes OnOct 26, 2023Oct 27, 2023
Deemed Date of AllotmentOct 30, 2023Nov 04, 2023
Credit DateOct 31, 2023Nov 08, 2023
Listing DateNov 06, 2023Nov 13, 2023

Financials details

Comparison of Marshall Machines Rights Issue 2023 and Syschem India Rights Issue 2023 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.

 Marshall Machines LimitedSyschem (India) Limited
Financial

Marshall Machines Limited Financial Information (Restated)

Marshall Machines Limited's revenue decreased by -38.81% and profit after tax (PAT) rose by 121.38% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets141.29135.34132.78
Revenue37.0060.4667.25
Profit After Tax-6.90-3.120.36
Net Worth39.5345.9749.03
Reserves and Surplus24.9831.4234.48
Total Borrowing45.2540.1840.63
Amount in ₹ Crore

Syschem (India) Limited Financial Information (Restated)

Syschem (India) Limited's revenue decreased by -54.56% and profit after tax (PAT) dropped by -69.23% between the financial year ending with July 31, 2023 and March 31, 2023.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets93.0492.7159.8177.17
Revenue59.36130.6365.7674.67
Profit After Tax1.394.51-1.71-5.57
Net Worth23.6922.306.947.12
Reserves and Surplus
Total Borrowing1.521.611.7512.56
Amount in ₹ Crore

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Marshall Machines Rights Issue 2023 Vs Syschem India Rights Issue 2023