Solara Active Pharma Sciences Rights Issue 2024 vs VSF Projects Rights Issue 2024

Comparison between Solara Active Pharma Sciences Rights Issue 2024 and VSF Projects Rights Issue 2024.

Rights Issue details

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

 Solara Active Pharma Sciences LtdVSF Projects Limited
LogoSolara Active Pharma Sciences Rights Issue 2024 LogoVSF Projects Rights Issue 2024 Logo
Listing AtBSE, NSEBSE
Terms of Payment

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.

Rs 25 on application. Rs 25 in one or more subsequent Call(s) as determined by the Board at its sole discretion, from time to time.

Entitlement1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date3 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
RegistrarCameo Corporate Services Ltd.Purva Sharegistry (India) Pvt.Ltd.
Lead ManagersChoice Capital Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Solara Active Pharma Sciences Rights Issue 2024 rights issue is ₹449.95 Crores, whereas VSF Projects Rights Issue 2024 rights issue size is ₹49.33 Crores.

 Solara Active Pharma Sciences LtdVSF Projects Limited
Issue Size1,19,98,755 shares98,65,121 shares
Issue Size (Amount)₹449.95 Crores₹49.33 Crores
Issue Price₹375 per share₹50 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 Solara Active Pharma Sciences Rights Issue 2024 is May 15, 2024 while record date of VSF Projects Rights Issue 2024 is May 24, 2024.

 Solara Active Pharma Sciences LtdVSF Projects Limited
Record DateMay 15, 2024May 24, 2024
Credit of Rights EntitlementsMay 27, 2024May 28, 2024
Bid/Offer Opens OnMay 28, 2024Jun 05, 2024
Renunciation of Rights EntitlementsJun 05, 2024Jun 13, 2024
Bid/Offer Closes OnJun 11, 2024Jun 20, 2024
Deemed Date of AllotmentJun 19, 2024Jul 01, 2024
Credit DateJun 19, 2024Jul 02, 2024
Listing DateJun 20, 2024Jul 09, 2024

Financials details

Comparison of Solara Active Pharma Sciences Rights Issue 2024 and VSF Projects 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.

 Solara Active Pharma Sciences LtdVSF Projects Limited
Financial

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

VSF Projects Limited Financial Information (Restated Standalone)

VSF Projects Limited's revenue decreased by -84.34% and profit after tax (PAT) rose by 245352.78% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets91.2467.2265.5765.57
Revenue0.261.631.651.74
Profit After Tax35.350.01-0.080.15
Reserves and Surplus43.62-3.11-5.60-5.52
Amount in ₹ Crore

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Solara Active Pharma Sciences Rights Issue 2024 Vs VSF Projects Rights Issue 2024