Minda Industries Rights Issue vs Satin creditcare Rights Issue

Comparison between Minda Industries Rights Issue and Satin creditcare Rights Issue.

Rights Issue details

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

 Minda Industries LimitedSatin Creditcare Network Limited
LogoMinda Industries Rights Issue LogoSatin creditcare Rights Issue Logo
Listing AtBSE, NSEBSE, NSE
Terms of PaymentFull Amount on ApplicationPartial - ₹15 on Application
Entitlement1 Rights Equity Share(s) for every 27 fully paid-up Equity Shares held on Record Date48 Rights Equity Share(s) for every 125 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 ManagersEquirus Capital Ltd.

Axis Capital Ltd.
Corporate Professionals Capital Pvt.Ltd.

Rights Issue Size and Price

The issue size of Minda Industries Rights Issue rights issue is ₹242.79 Crores, whereas Satin creditcare Rights Issue rights issue size is ₹119.90 Crores.

 Minda Industries LimitedSatin Creditcare Network Limited
Issue Size97,11,739 shares1,99,82,667 shares
Issue Size (Amount)₹242.79 Crores₹119.90 Crores
Issue Price₹250 per share₹60 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 Satin creditcare Rights Issue is Aug 05, 2020.

 Minda Industries LimitedSatin Creditcare Network Limited
Record DateAug 17, 2020Aug 05, 2020
Credit of Rights Entitlements
Bid/Offer Opens OnAug 25, 2020Aug 12, 2020
Renunciation of Rights Entitlements
Bid/Offer Closes OnSep 08, 2020Aug 26, 2020
Deemed Date of AllotmentSep 17, 2020Sep 07, 2020
Credit DateSep 18, 2020Sep 08, 2020
Listing DateSep 22, 2020Sep 11, 2020

Financials details

Comparison of Minda Industries Rights Issue and Satin creditcare 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 LimitedSatin Creditcare Network 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 (Consolidated)
Particulars For the year/period ended (Rs in Million)
31-Mar-20 31-Mar-19
Total Assets 72,996.18 67,409.58
Total Revenue 15,034.32 14,451.43
Profit After Tax 1,549.73 2,014.96

Compare with others

Compare: