Patel Engineering Rights Issue 2023 vs Sparc Electrex Rights Issue 2023

Comparison between Patel Engineering Rights Issue 2023 and Sparc Electrex Rights Issue 2023.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Patel Engineering Rights Issue 2023 and Sparc Electrex Rights Issue 2023. Patel Engineering Rights Issue 2023 is listed on BSE, NSE while Sparc Electrex Rights Issue 2023 is listed on BSE.

 Patel Engineering LimitedSparc Electrex Limited
LogoPatel Engineering Rights Issue 2023 LogoSparc Electrex Rights Issue 2023 Logo
Listing AtBSE, NSEBSE
Terms of PaymentFull Amount on ApplicationPartial - ₹4.75 on Application
Entitlement1 Rights Equity Share for every 2 fully paid-up Equity Shares held as on the Record Date3 Rights Equity Share(s) for every 1 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 ManagersIDBI Capital Markets & Securities Ltd.

BOB Capital Markets Ltd.

Rights Issue Size and Price

The issue size of Patel Engineering Rights Issue 2023 rights issue is ₹324.92 Crores, whereas Sparc Electrex Rights Issue 2023 rights issue size is ₹27.87 Crores.

 Patel Engineering LimitedSparc Electrex Limited
Issue Size25,78,72,409 shares1,46,67,000 shares
Issue Size (Amount)₹324.92 Crores₹27.87 Crores
Issue Price₹12.6 per share₹19 per share
Face Value₹1 per share₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Patel Engineering Rights Issue 2023 is Feb 06, 2023 while record date of Sparc Electrex Rights Issue 2023 is Feb 28, 2023.

 Patel Engineering LimitedSparc Electrex Limited
Record DateFeb 06, 2023Feb 28, 2023
Credit of Rights EntitlementsFeb 13, 2023Mar 09, 2023
Bid/Offer Opens OnFeb 14, 2023Mar 14, 2023
Renunciation of Rights EntitlementsFeb 22, 2023Apr 06, 2023
Bid/Offer Closes OnFeb 27, 2023Apr 12, 2023
Deemed Date of AllotmentMar 06, 2023Apr 21, 2023
Credit DateMar 09, 2023Apr 27, 2023
Listing DateMar 10, 2023May 03, 2023

Financials details

Comparison of Patel Engineering Rights Issue 2023 and Sparc Electrex 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.

 Patel Engineering LimitedSparc Electrex Limited
Financial
Patel Engineering Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-218,087.102,103.93-272.93
31-Mar-228,510.143,496.5068.63
Amount in ₹ Crore
Sparc Electrex Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After Tax
31-Mar-200.09-0.01
31-Mar-210.05-2.00
31-Mar-2215.072.12
Amount in ₹ Crore

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Patel Engineering Rights Issue 2023 Vs Sparc Electrex Rights Issue 2023