Minda Industries Rights Issue vs Rushil Decor Rights Issue

Comparision between Minda Industries Rights Issue and Rushil Decor Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Minda Industries Rights Issue and Rushil Decor Rights Issue. Minda Industries Rights Issue is listed on BSE, NSE while Rushil Decor Rights Issue is listed on BSE.

	Minda Industries Limited	Rushil Decor Limited
Logo
Listing At	BSE, NSE	BSE
Terms of Payment	The full amount of Rs 250 per Rights Equity Share is payable on Application.	On Application, Investors will have to pay Rs 12.50 per Rights Equity Share (25% of the Issue Price). The balance Rs 37.50 per Rights Equity Share (75% of the Issue Price), will have to be paid in three subsequent Calls of Rs 12.50 that will be done by the Company from time to time at its discretion.
Entitlement	1 Rights Equity Share for every 27 Equity Shares held on the Record Date	1 Rights Equity Share for every 3 Equity Shares held on the Record Date
Application Form	Application Form	Application Form
Letter of Offer	Letter of Offer	Letter of Offer
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Lead Managers	Axis Capital Limited Equirus Capital Private Limited	Saffron Capital Advisors Private Limited

Rights Issue Size and Price

The issue size of Minda Industries Rights Issue rights issue is ₹242.79 Crores, whereas Rushil Decor Rights Issue rights issue size is ₹24.89 Crores.

	Minda Industries Limited	Rushil Decor Limited
Issue Size	97,11,739 shares	49,77,111 shares
Issue Size (Amount)	₹242.79 Crores	₹24.89 Crores
Issue Price	₹250 per share	₹50 per share
Face Value	₹2 per share	₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Minda Industries Rights Issue is Aug 17, 2020 while record date of Rushil Decor Rights Issue is Sep 11, 2020.

	Minda Industries Limited	Rushil Decor Limited
Record Date	Aug 17, 2020	Sep 11, 2020
Credit of Rights Entitlements
Bid/Offer Opens On	Aug 25, 2020	Sep 21, 2020
Renunciation of Rights Entitlements
Bid/Offer Closes On	Sep 08, 2020	Oct 05, 2020
Deemed Date of Allotment	Sep 17, 2020
Credit Date	Sep 18, 2020
Listing Date	Sep 22, 2020

Financials details

Comparison of Minda Industries Rights Issue and Rushil Decor 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.

Minda Industries Limited

Rushil Decor Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Million)
	31-Mar-20	31-Mar-19
Total Assets	48,388.50	42,306.30
Total Revenue	55,043.90	59,351.20
Profit After Tax	1,747.40	3,206.10

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	7,858.03	5,782.10	3,768.41
Total Revenue	3,391.34	3,522.32	3,536.83
Profit After Tax	230.50	143.35	309.24

Compare with others

Minda Industries Limited	Rushil Decor Limited
Mold-Tek Packaging Rights Issue	Pricol Rights Issue
EIH Ltd Rights Issue	Shoppers Stop Rights Issue
Deepak Fertilisers Rights Issue	Mold-Tek Packaging Rights Issue
Rushil Decor Rights Issue	EIH Ltd Rights Issue
Spencers Retail Rights Issue	Deepak Fertilisers Rights Issue
Satin creditcare Rights Issue	Spencers Retail Rights Issue
	Minda Industries Rights Issue
	Satin creditcare Rights Issue

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