IFL Enterprises Rights Issue 2024 vs Solara Active Pharma Sciences Rights Issue 2024

Comparison between IFL Enterprises Rights Issue 2024 and Solara Active Pharma Sciences Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for IFL Enterprises Rights Issue 2024 and Solara Active Pharma Sciences Rights Issue 2024. IFL Enterprises Rights Issue 2024 is listed on BSE while Solara Active Pharma Sciences Rights Issue 2024 is listed on BSE, NSE.

 Ifl Enterprises LtdSolara Active Pharma Sciences Ltd
LogoIFL Enterprises Rights Issue 2024 LogoSolara Active Pharma Sciences Rights Issue 2024 Logo
Listing AtBSEBSE, NSE
Terms of Payment

Full amount of Rs. 18 per Equity Share is payable on application.

Issue Price of Rs.375/- per share is payable as Rs.131.25 per share on Application. The remaining amount will be called within 24 months from the date of allotment in the Issue or within such extended period as may be determined by the Board or Rights Issue Committee of the Company at its sole discretion from time to time.

Entitlement198 Rights Equity Share(s) for every 100 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarSkyline Financial Services Pvt.Ltd.Cameo Corporate Services Ltd.
Lead ManagersChoice Capital Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of IFL Enterprises Rights Issue 2024 rights issue is ₹49.53 Crores, whereas Solara Active Pharma Sciences Rights Issue 2024 rights issue size is ₹449.95 Crores.

 Ifl Enterprises LtdSolara Active Pharma Sciences Ltd
Issue Size49,52,69,896 shares1,19,98,755 shares
Issue Size (Amount)₹49.53 Crores₹449.95 Crores
Issue Price₹1 per share₹375 per share
Face Value₹1 per share₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of IFL Enterprises Rights Issue 2024 is May 17, 2024 while record date of Solara Active Pharma Sciences Rights Issue 2024 is May 15, 2024.

 Ifl Enterprises LtdSolara Active Pharma Sciences Ltd
Record DateMay 17, 2024May 15, 2024
Credit of Rights EntitlementsMay 23, 2024May 27, 2024
Bid/Offer Opens OnMay 27, 2024May 28, 2024
Renunciation of Rights EntitlementsJun 20, 2024Jun 05, 2024
Bid/Offer Closes OnJun 25, 2024Jun 11, 2024
Deemed Date of AllotmentJul 03, 2024Jun 19, 2024
Credit DateJul 08, 2024Jun 19, 2024
Listing DateJul 11, 2024Jun 20, 2024

Financials details

Comparison of IFL Enterprises Rights Issue 2024 and Solara Active Pharma Sciences 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.

 Ifl Enterprises LtdSolara Active Pharma Sciences Ltd
Financial

Ifl Enterprises Ltd Financial Information (Restated Consolidated)

Period Ended31 Dec 202431 Mar 2023
Assets29.0628.50
Revenue7.319.47
Profit After Tax1.520.52
Net Worth26.3025.01
Total Borrowing0.52
Amount in ₹ Crore

Solara Active Pharma Sciences Ltd Financial Information (Restated Consolidated)

Solara Active Pharma Sciences Ltd's revenue increased by 13.82% and profit after tax (PAT) rose by 61.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets28.9929.4526.14
Revenue14.6612.8816.46
Profit After Tax-0.22-0.582.21
Amount in ₹ Crore

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IFL Enterprises Rights Issue 2024 Vs Solara Active Pharma Sciences Rights Issue 2024