Praxis Home Retail Ltd Rights Issue vs Texel Industries Ltd Rights Issue

Comparison between Praxis Home Retail Ltd Rights Issue and Texel Industries Ltd Rights Issue.

Rights Issue details

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

 Praxis Home Retail LtdTexel Industries Limited
LogoPraxis Home Retail Ltd Rights Issue LogoTexel Industries Ltd Rights Issue Logo
Listing AtBSE, NSEBSE
Terms of PaymentThe full amount of the Issue Price being Rs. 11.35 will be payable on application.On Application, Investors will have to pay Rs.20 per Rights Equity Share (50% of the Issue Price). The balance of Rs.20 per Rights Equity Share (50% of the Issue Price) will have to be paid in the first and final call at such time as may be determined by the Company Board at its sole discretion.
Entitlement11 Rights Equity Shares for every 8 fully paid-up Equity Shares held as on the Record date.55 Rights Equity Shares for every 92 fully paid-up 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 ManagersVivro Financial Services Pvt.Ltd.Vivro Financial Services Pvt.Ltd.

Rights Issue Size and Price

The issue size of Praxis Home Retail Ltd Rights Issue rights issue is ₹49.49 Crores, whereas Texel Industries Ltd Rights Issue rights issue size is ₹12.49 Crores.

 Praxis Home Retail LtdTexel Industries Limited
Issue Size4,35,99,433 shares31,22,398 shares
Issue Size (Amount)₹49.49 Crores₹12.49 Crores
Issue Price₹11.35 per share₹40 per share
Face Value₹5 per share₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Praxis Home Retail Ltd Rights Issue is Sep 08, 2021 while record date of Texel Industries Ltd Rights Issue is Aug 17, 2021.

 Praxis Home Retail LtdTexel Industries Limited
Record DateSep 08, 2021Aug 17, 2021
Credit of Rights EntitlementsOct 20, 2021Aug 30, 2021
Bid/Offer Opens OnSep 21, 2021Aug 31, 2021
Renunciation of Rights EntitlementsSep 30, 2021Sep 08, 2021
Bid/Offer Closes OnOct 05, 2021Sep 14, 2021
Deemed Date of AllotmentOct 12, 2021Sep 21, 2021
Credit DateOct 13, 2021Sep 22, 2021
Listing DateOct 18, 2021Sep 24, 2021

Financials details

Comparison of Praxis Home Retail Ltd Rights Issue and Texel Industries Ltd 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.

 Praxis Home Retail LtdTexel Industries Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs.in Crores)
31-Mar-21 31-Mar-20
Total Assets 397.24 625.10
Total Revenue 378.67 703.72
Profit After Tax (103.22) (80.72)
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Lakhs)
31-Mar-21 31-Mar-20
Total Assets 7,336.23 3,744.64
Total Revenue 8,306.98 9,552.95
Profit After Tax 213.30 207.24

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Praxis Home Retail Ltd Rights Issue Vs Texel Industries Ltd Rights Issue