Minda Industries Rights Issue vs Spencers Retail Rights Issue

Comparison between Minda Industries Rights Issue and Spencers Retail Rights Issue.

Rights Issue details

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

 Minda Industries LimitedSpencer's Retail Limited
LogoMinda Industries Rights Issue LogoSpencers Retail Rights Issue Logo
Listing AtBSE, NSEBSE, NSE
Terms of PaymentFull Amount on ApplicationThe full amount of Rs 75 per Rights Equity Share is payable on Application.
Entitlement1 Rights Equity Share(s) for every 27 fully paid-up Equity Shares held on Record Date2 Rights Equity Share for every 15 Equity Shares held on the Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersEquirus Capital Ltd.

Axis Capital Ltd.
ICICI Securities Ltd.

Rights Issue Size and Price

The issue size of Minda Industries Rights Issue rights issue is ₹242.79 Crores, whereas Spencers Retail Rights Issue rights issue size is ₹79.53 Crores.

 Minda Industries LimitedSpencer's Retail Limited
Issue Size97,11,739 shares1,06,04,563 shares
Issue Size (Amount)₹242.79 Crores₹79.53 Crores
Issue Price₹250 per share₹75 per share
Face Value₹2 per share₹5 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Minda Industries Rights Issue is Aug 17, 2020 while record date of Spencers Retail Rights Issue is Jul 29, 2020.

 Minda Industries LimitedSpencer's Retail Limited
Record DateAug 17, 2020Jul 29, 2020
Credit of Rights Entitlements
Bid/Offer Opens OnAug 25, 2020Aug 04, 2020
Renunciation of Rights Entitlements
Bid/Offer Closes OnSep 08, 2020Aug 18, 2020
Deemed Date of AllotmentSep 17, 2020Aug 25, 2020
Credit DateSep 18, 2020Aug 26, 2020
Listing DateSep 22, 2020Aug 27, 2020

Financials details

Comparison of Minda Industries Rights Issue and Spencers Retail 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.

 Minda Industries LimitedSpencer's Retail Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs in Million)
31-Mar-20 31-Mar-19
Total Assets 48,388.50 42,306.30
Total Revenue 55,043.90 59,351.20
Profit After Tax 1,747.40 3,206.10
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Million)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 15,939.07 12,797.50 12,226.27
Total Revenue 26,718.82 22,153.30 10,211.04
Profit After Tax (1,307.84) (90.36) (198.90)

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Minda Industries Rights Issue Vs Spencers Retail Rights Issue