Comparison between Modern Engineering and Projects Rights Issue 2024 and Vardhman Polytex Rights Issue 2024.
Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Modern Engineering and Projects Rights Issue 2024 and Vardhman Polytex Rights Issue 2024. Modern Engineering and Projects Rights Issue 2024 is listed on BSE while Vardhman Polytex Rights Issue 2024 is listed on BSE, NSE.
| Modern Engineering and Projects Limited | Vardhman Polytex Ltd. | |
|---|---|---|
| Logo |  |  |
| Listing At | BSE | BSE, NSE |
| Terms of Payment | The entire amount of the Issue Price of Rs 40/- per Rights Equity Share shall be payable at the time of Application. | The entire amount of the Issue Price of Rs 6/- per Rights Equity Share shall be payable at the time of Application. |
| Entitlement | 4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date | 7 Rights Equity Share(s) for every 23 fully paid-up Equity Shares held on Record Date |
| Application Form | Application Form  | Application Form |
| Letter of Offer | Letter of Offer | Letter of Offer |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Alankit Assignments Ltd. |
| Lead Managers | Arihant Capital Markets Ltd. |
The issue size of Modern Engineering and Projects Rights Issue 2024 rights issue is ₹49.44 Crores, whereas Vardhman Polytex Rights Issue 2024 rights issue size is ₹49.84 Crores.
| Modern Engineering and Projects Limited | Vardhman Polytex Ltd. | |
|---|---|---|
| Issue Size | 1,23,60,000 shares | 8,30,59,434 shares |
| Issue Size (Amount) | ₹49.44 Crores | ₹49.84 Crores |
| Issue Price | ₹40 per share | ₹6 per share |
| Face Value | ₹10 per share | ₹1 per share |
Find all the important dates related to the rights issue. The record date of Modern Engineering and Projects Rights Issue 2024 is Aug 26, 2024 while record date of Vardhman Polytex Rights Issue 2024 is Aug 28, 2024.
| Modern Engineering and Projects Limited | Vardhman Polytex Ltd. | |
|---|---|---|
| Record Date | Aug 26, 2024 | Aug 28, 2024 |
| Credit of Rights Entitlements | Sep 03, 2024 | Sep 11, 2024 |
| Bid/Offer Opens On | Sep 05, 2024 | Sep 12, 2024 |
| Renunciation of Rights Entitlements | Sep 11, 2024 | Sep 24, 2024 |
| Bid/Offer Closes On | Sep 25, 2024 | Sep 27, 2024 |
| Deemed Date of Allotment | Oct 08, 2024 | |
| Credit Date | Oct 10, 2024 | |
| Listing Date | Oct 11, 2024 |
Comparison of Modern Engineering and Projects Rights Issue 2024 and Vardhman Polytex 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.
| Modern Engineering and Projects Limited | Vardhman Polytex Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financial | Modern Engineering and Projects Limited Financial Information (Restated Consolidated)Modern Engineering and Projects Limited's revenue increased by 226.37% and profit after tax (PAT) rose by 44.52% between the financial year ending with March 31, 2023 and March 31, 2022.
| Vardhman Polytex Ltd. Financial Information (Restated)Vardhman Polytex Ltd.'s revenue decreased by -36% and profit after tax (PAT) dropped by -1894% between the financial year ending with March 31, 2024 and March 31, 2023.
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