Comparison between Banas Finance Rights Issue 2024 and Sobhagya Merchantile Rights Issue 2024.
Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Banas Finance Rights Issue 2024 and Sobhagya Merchantile Rights Issue 2024. Banas Finance Rights Issue 2024 is listed on BSE while Sobhagya Merchantile Rights Issue 2024 is listed on BSE.
| Banas Finance Ltd. | Sobhagya Merchantile Ltd. | |
|---|---|---|
| Logo |  | |
| Listing At | BSE | BSE |
| Terms of Payment | The Issue Price of Rs. 10/- per Rights Equity Share shall be payable at the time of application. | 100% of the Issue Price is payable on Application |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date | 34 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
| Application Form | Application Form  | Application Form |
| Letter of Offer | Letter of Offer | Letter of Offer |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. |
The issue size of Banas Finance Rights Issue 2024 rights issue is ₹48.05 Crores, whereas Sobhagya Merchantile Rights Issue 2024 rights issue size is ₹17.14 Crores.
| Banas Finance Ltd. | Sobhagya Merchantile Ltd. | |
|---|---|---|
| Issue Size | 4,80,46,232 shares | 81,60,000 shares |
| Issue Size (Amount) | ₹48.05 Crores | ₹17.14 Crores |
| Issue Price | ₹10 per share | ₹21 per share |
| Face Value | ₹10 per share | ₹10 per share |
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 Sobhagya Merchantile Rights Issue 2024 is Apr 23, 2024.
| Banas Finance Ltd. | Sobhagya Merchantile Ltd. | |
|---|---|---|
| Record Date | Apr 26, 2024 | Apr 23, 2024 |
| Credit of Rights Entitlements | May 06, 2024 | May 03, 2024 |
| Bid/Offer Opens On | May 13, 2024 | May 06, 2024 |
| Renunciation of Rights Entitlements | May 17, 2024 | May 16, 2024 |
| Bid/Offer Closes On | May 30, 2024 | May 21, 2024 |
| Deemed Date of Allotment | Jun 11, 2024 | May 28, 2024 |
| Credit Date | Jun 13, 2024 | May 29, 2024 |
| Listing Date | Jun 14, 2024 | Jun 03, 2024 |
Comparison of Banas Finance Rights Issue 2024 and Sobhagya Merchantile 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. | Sobhagya Merchantile Ltd. | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Sobhagya Merchantile Ltd. Financial Information (Restated Standalone)Sobhagya Merchantile Ltd.'s revenue increased by 56.5% and profit after tax (PAT) dropped by -2.12% between the financial year ending with March 31, 2023 and March 31, 2022.
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