Mitcon Rights Issue 2024 vs Sobha Rights Issues 2024

Comparison between Mitcon Rights Issue 2024 and Sobha Rights Issues 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Mitcon Rights Issue 2024 and Sobha Rights Issues 2024. Mitcon Rights Issue 2024 is listed on NSE while Sobha Rights Issues 2024 is listed on BSE, NSE.

 Mitcon Consultancy & Engineering Services LimitedSobha Limited
LogoMitcon Rights Issue 2024 LogoSobha Rights Issues 2024 Logo
Listing AtNSEBSE, NSE
Terms of Payment

Rs. 19 on application. Rs. 57 in one or more subsequent Call(s) as determined by the Board at its sole discretion, from time to time.

Rs. 825 on application. Rs. 825 in not more than two subsequent Calls, with terms and conditions such as the number of Calls and the timing and quantum of each Call as may be decided by our Board/ Rights Issue Committee from time to time, to be completed on or prior to December 31, 2025.

Entitlement6 Rights Equity Share(s) for every 19 fully paid-up Equity Shares held on Record Date6 Rights Equity Share(s) for every 47 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.MUFG Intime India Pvt.Ltd.
Lead ManagersSrujan Alpha Capital Advisors LLPBOB Capital Markets Ltd.

JM Financial Ltd.

Rights Issue Size and Price

The issue size of Mitcon Rights Issue 2024 rights issue is ₹32.23 Crores, whereas Sobha Rights Issues 2024 rights issue size is ₹2,000.00 Crores.

 Mitcon Consultancy & Engineering Services LimitedSobha Limited
Issue Size42,41,321 shares1,21,07,981 shares
Issue Size (Amount)₹32.23 Crores₹2,000.00 Crores
Issue Price₹76 per share₹1651 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 Mitcon Rights Issue 2024 is Jun 20, 2024 while record date of Sobha Rights Issues 2024 is Jun 19, 2024.

 Mitcon Consultancy & Engineering Services LimitedSobha Limited
Record DateJun 20, 2024Jun 19, 2024
Credit of Rights EntitlementsJun 27, 2024Jun 27, 2024
Bid/Offer Opens OnJun 28, 2024Jun 28, 2024
Renunciation of Rights EntitlementsJun 22, 2024Jul 01, 2024
Bid/Offer Closes OnJul 26, 2024Jul 04, 2024
Deemed Date of AllotmentAug 03, 2024Jul 12, 2024
Credit DateAug 08, 2024Jul 15, 2024
Listing DateAug 12, 2024Jul 16, 2024

Financials details

Comparison of Mitcon Rights Issue 2024 and Sobha Rights Issues 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.

 Mitcon Consultancy & Engineering Services LimitedSobha Limited
Financial

Mitcon Consultancy & Engineering Services Limited Financial Information (Restated Consolidated)

Mitcon Consultancy & Engineering Services Limited's revenue increased by 55.28% and profit after tax (PAT) rose by 48.39% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets311.93247.70216.86
Revenue133.1685.75107.76
Profit After Tax5.633.801.50
Amount in ₹ Crore

Sobha Limited Financial Information (Restated Consolidated)

Sobha Limited's revenue decreased by -5.42% and profit after tax (PAT) dropped by -52.87% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets13,696.491,258.821,151.82
Revenue3,217.883,402.43264.53
Profit After Tax49.11104.2117.32
Net Worth251.41249.47
Reserves and Surplus241.92239.98232.81
Total Borrowing191.35200.35
Amount in ₹ Crore

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Mitcon Rights Issue 2024 Vs Sobha Rights Issues 2024