Savani Financials Limited Rights Issue 2024 vs VMS Industries Rights Issue 2024

Comparison between Savani Financials Limited Rights Issue 2024 and VMS Industries Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Savani Financials Limited Rights Issue 2024 and VMS Industries Rights Issue 2024. Savani Financials Limited Rights Issue 2024 is listed on BSE while VMS Industries Rights Issue 2024 is listed on BSE.

 Savani Financials Ltd.Vms Industries Ltd.
LogoSavani Financials Limited Rights Issue 2024 LogoVMS Industries Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

Issue Price of Rs.17.50 is to be paid as Rs.14/- per share on Application and Rs.3.50 per share on One or more subsequent Calls

Amount of Rights Equity Shares shall be fully paid up at the time of application.

Entitlement7 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date17 Rights Equity Share(s) for every 33 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Lead Managers

Rights Issue Size and Price

The issue size of Savani Financials Limited Rights Issue 2024 rights issue is ₹49.50 Crores, whereas VMS Industries Rights Issue 2024 rights issue size is ₹28.00 Crores.

 Savani Financials Ltd.Vms Industries Ltd.
Issue Size2,82,85,714 shares80,00,000 shares
Issue Size (Amount)₹49.50 Crores₹28.00 Crores
Issue Price₹17.5 per share₹35 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 Savani Financials Limited Rights Issue 2024 is Apr 04, 2024 while record date of VMS Industries Rights Issue 2024 is Apr 18, 2024.

 Savani Financials Ltd.Vms Industries Ltd.
Record DateApr 04, 2024Apr 18, 2024
Credit of Rights EntitlementsApr 30, 2024May 01, 2024
Bid/Offer Opens OnMay 02, 2024May 02, 2024
Renunciation of Rights EntitlementsMay 07, 2024May 10, 2024
Bid/Offer Closes OnMay 10, 2024May 16, 2024
Deemed Date of AllotmentMay 18, 2024May 23, 2024
Credit DateMay 22, 2024May 28, 2024
Listing DateMay 24, 2024May 30, 2024

Financials details

Comparison of Savani Financials Limited Rights Issue 2024 and VMS Industries 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.

 Savani Financials Ltd.Vms Industries Ltd.
Financial

Savani Financials Ltd. Financial Information (Restated Standalone)

Savani Financials Ltd.'s revenue decreased by -2.63% and profit after tax (PAT) dropped by -587.42% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2.142.132.192.18
Revenue0.090.110.110.13
Profit After Tax-1.12-0.070.020.05
Amount in ₹ Crore

Vms Industries Ltd. Financial Information (Restated)

Vms Industries Ltd.'s revenue decreased by -10.65% and profit after tax (PAT) rose by 131.87% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 2022
Assets87.56133.83
Revenue145.76163.14
Profit After Tax2.501.08
Amount in ₹ Crore

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Savani Financials Limited Rights Issue 2024 Vs VMS Industries Rights Issue 2024