Banas Finance Rights Issue 2024 vs Sanginita Chemicals Rights Issue 2024

Comparison between Banas Finance Rights Issue 2024 and Sanginita Chemicals Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Banas Finance Rights Issue 2024 and Sanginita Chemicals Rights Issue 2024. Banas Finance Rights Issue 2024 is listed on BSE while Sanginita Chemicals Rights Issue 2024 is listed on NSE.

 Banas Finance Ltd.Sanginita Chemicals Limited
LogoSanginita Chemicals Rights Issue 2024 Logo
Listing AtBSENSE
Terms of Payment

The Issue Price of Rs. 10/- per Rights Equity Share shall be payable at the time of application.

The full amount for Rights Equity Shares of Rs.18 shall be payable by the eligible shareholders at the time of making an application.

Entitlement1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarPurva Sharegistry (India) Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Lead ManagersFintellectual Corporate Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Banas Finance Rights Issue 2024 rights issue is ₹48.05 Crores, whereas Sanginita Chemicals Rights Issue 2024 rights issue size is ₹15.54 Crores.

 Banas Finance Ltd.Sanginita Chemicals Limited
Issue Size4,80,46,232 shares86,33,850 shares
Issue Size (Amount)₹48.05 Crores₹15.54 Crores
Issue Price₹10 per share₹18 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 Banas Finance Rights Issue 2024 is Apr 26, 2024 while record date of Sanginita Chemicals Rights Issue 2024 is May 07, 2024.

 Banas Finance Ltd.Sanginita Chemicals Limited
Record DateApr 26, 2024May 07, 2024
Credit of Rights EntitlementsMay 06, 2024
Bid/Offer Opens OnMay 13, 2024May 15, 2024
Renunciation of Rights EntitlementsMay 17, 2024May 21, 2024
Bid/Offer Closes OnMay 30, 2024May 27, 2024
Deemed Date of AllotmentJun 11, 2024May 30, 2024
Credit DateJun 13, 2024Jun 05, 2024
Listing DateJun 14, 2024May 06, 2024

Financials details

Comparison of Banas Finance Rights Issue 2024 and Sanginita Chemicals 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.

 Banas Finance Ltd.Sanginita Chemicals Limited
Financial

Banas Finance Ltd. Financial Information (Restated Consolidated)

Banas Finance Ltd.'s revenue decreased by -79.29% and profit after tax (PAT) dropped by -178.95% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets159.35188.08
Revenue20.88100.8214.47
Profit After Tax-54.7669.3711.22
Amount in ₹ Crore

Sanginita Chemicals Limited Financial Information (Restated Standalone)

Sanginita Chemicals Limited's revenue decreased by -24.85% and profit after tax (PAT) rose by 19.57% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets79.5079.2070.12
Revenue149.13198.44165.02
Profit After Tax0.420.350.76
Amount in ₹ Crore

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Banas Finance Rights Issue 2024 Vs Sanginita Chemicals Rights Issue 2024