Choice International Rights Issue vs Patel Integrated Rights Issue

Comparison between Choice International Rights Issue and Patel Integrated Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Choice International Rights Issue and Patel Integrated Rights Issue. Choice International Rights Issue is listed on BSE while Patel Integrated Rights Issue is listed on BSE, NSE.

 Choice International LimitedPatel Integrated Logistics Limited
LogoChoice International Rights Issue LogoPatel Integrated Rights Issue Logo
Listing AtBSEBSE, NSE
Terms of PaymentThe entire amount of the issue price of ₹ 51/- per rights equity share shall be payable at the time of application.₹ 2.50 per rights equity share or 25.00% of the issue price is payable on application and the balance unpaid of ₹ 7.50 constituting 75.00% of the issue price will have to be paid on the first and final call, as determined by the board at its sole discretion.
Entitlement1 Equity Shares for every 4 existing share held by the eligible shareholder as on the Record dateUpto 613 rights equity shares for every 399 fully paid-up equity shares held on the record date.
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersSaffron Capital Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Choice International Rights Issue rights issue is ₹50.75 Crores, whereas Patel Integrated Rights Issue rights issue size is ₹40.00 Crores.

 Choice International LimitedPatel Integrated Logistics Limited
Issue Size99,51,200 shares4,00,00,000 shares
Issue Size (Amount)₹50.75 Crores₹40.00 Crores
Issue Price₹51 per share₹10 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 Choice International Rights Issue is Jan 20, 2022 while record date of Patel Integrated Rights Issue is Oct 29, 2021.

 Choice International LimitedPatel Integrated Logistics Limited
Record DateJan 20, 2022Oct 29, 2021
Credit of Rights EntitlementsJan 27, 2022Nov 17, 2021
Bid/Offer Opens OnFeb 01, 2022Nov 09, 2021
Renunciation of Rights EntitlementsFeb 10, 2022Nov 17, 2021
Bid/Offer Closes OnFeb 15, 2022Nov 23, 2021
Deemed Date of AllotmentFeb 24, 2022Dec 06, 2021
Credit DateFeb 28, 2022Dec 06, 2021
Listing DateMar 01, 2022Dec 07, 2021

Financials details

Comparison of Choice International Rights Issue and Patel Integrated 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.

 Choice International LimitedPatel Integrated Logistics Limited
Financial
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 6,555.87 5,028.04
Total Income 1,758.15 1,342.18
Profit After Tax 167.10 124.31
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
31-Mar-21 31-Mar-20
Total Assets 1,902.93 2,053.85
Total Income 2,173.03 3,538.75
Profit After Tax 0.55 107.41

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Choice International Rights Issue Vs Patel Integrated Rights Issue