Modern Engineering and Projects Rights Issue 2024 vs Sru Steels Rights Issue 2024

Comparison between Modern Engineering and Projects Rights Issue 2024 and Sru Steels Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Modern Engineering and Projects Rights Issue 2024 and Sru Steels Rights Issue 2024. Modern Engineering and Projects Rights Issue 2024 is listed on BSE while Sru Steels Rights Issue 2024 is listed on BSE.

 Modern Engineering and Projects LimitedSru Steels Ltd
LogoModern Engineering and Projects Rights Issue 2024 LogoSru Steels Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

The entire amount of the Issue Price of Rs 40/- per Rights Equity Share shall be payable at the time of Application.

All Money Payable at the time of Application.

Entitlement4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarPurva Sharegistry (India) Pvt.Ltd.Beetal Financial & Computer Services Pvt.Ltd.
Lead Managers

Rights Issue Size and Price

The issue size of Modern Engineering and Projects Rights Issue 2024 rights issue is ₹49.44 Crores, whereas Sru Steels Rights Issue 2024 rights issue size is ₹47.95 Crores.

 Modern Engineering and Projects LimitedSru Steels Ltd
Issue Size1,23,60,000 shares4,79,51,400 shares
Issue Size (Amount)₹49.44 Crores₹47.95 Crores
Issue Price₹40 per share₹10 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 Modern Engineering and Projects Rights Issue 2024 is Aug 26, 2024 while record date of Sru Steels Rights Issue 2024 is Aug 31, 2024.

 Modern Engineering and Projects LimitedSru Steels Ltd
Record DateAug 26, 2024Aug 31, 2024
Credit of Rights EntitlementsSep 03, 2024Sep 06, 2024
Bid/Offer Opens OnSep 05, 2024Sep 09, 2024
Renunciation of Rights EntitlementsSep 11, 2024Sep 18, 2024
Bid/Offer Closes OnSep 25, 2024Sep 24, 2024
Deemed Date of AllotmentSep 28, 2024
Credit DateOct 01, 2024
Listing DateOct 03, 2024

Financials details

Comparison of Modern Engineering and Projects Rights Issue 2024 and Sru Steels 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.

 Modern Engineering and Projects LimitedSru Steels Ltd
Financial

Modern Engineering and Projects Limited Financial Information (Restated Consolidated)

Modern Engineering and Projects Limited's revenue increased by 226.37% and profit after tax (PAT) rose by 44.52% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets35.7720.793.33
Revenue68.0220.840.08
Profit After Tax-2.53-4.56-0.04
Net Worth-3.98-1.483.07
Reserves and Surplus0.230.240.23
Total Borrowing6.127.14
Amount in ₹ Crore

Sru Steels Ltd Financial Information (Restated)

Sru Steels Ltd's revenue increased by 10% and profit after tax (PAT) dropped by -54% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets19.817.617.97
Revenue18.3216.7215.0527.08
Profit After Tax0.320.70.230.21
Net Worth13.7313.2912.6712.44
Total Borrowing0.550.4
Amount in ₹ Crore

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Modern Engineering and Projects Rights Issue 2024 Vs Sru Steels Rights Issue 2024