Sru Steels Rights Issue 2024 vs Vardhman Polytex Rights Issue 2024

Comparison between Sru Steels Rights Issue 2024 and Vardhman Polytex Rights Issue 2024.

Rights Issue details

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

 Sru Steels LtdVardhman Polytex Ltd.
LogoSru Steels Rights Issue 2024 LogoVardhman Polytex Rights Issue 2024 Logo
Listing AtBSEBSE, NSE
Terms of Payment

All Money Payable at the time of Application.

The entire amount of the Issue Price of Rs 6/- per Rights Equity Share shall be payable at the time of Application.

Entitlement4 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date7 Rights Equity Share(s) for every 23 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarBeetal Financial & Computer Services Pvt.Ltd.Alankit Assignments Ltd.
Lead ManagersArihant Capital Markets Ltd.

Rights Issue Size and Price

The issue size of Sru Steels Rights Issue 2024 rights issue is ₹47.95 Crores, whereas Vardhman Polytex Rights Issue 2024 rights issue size is ₹49.84 Crores.

 Sru Steels LtdVardhman Polytex Ltd.
Issue Size4,79,51,400 shares8,30,59,434 shares
Issue Size (Amount)₹47.95 Crores₹49.84 Crores
Issue Price₹10 per share₹6 per share
Face Value₹10 per share₹1 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Sru Steels Rights Issue 2024 is Aug 31, 2024 while record date of Vardhman Polytex Rights Issue 2024 is Aug 28, 2024.

 Sru Steels LtdVardhman Polytex Ltd.
Record DateAug 31, 2024Aug 28, 2024
Credit of Rights EntitlementsSep 06, 2024Sep 11, 2024
Bid/Offer Opens OnSep 09, 2024Sep 12, 2024
Renunciation of Rights EntitlementsSep 18, 2024Sep 24, 2024
Bid/Offer Closes OnSep 24, 2024Sep 27, 2024
Deemed Date of AllotmentSep 28, 2024Oct 08, 2024
Credit DateOct 01, 2024Oct 10, 2024
Listing DateOct 03, 2024Oct 11, 2024

Financials details

Comparison of Sru Steels Rights Issue 2024 and Vardhman Polytex 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.

 Sru Steels LtdVardhman Polytex Ltd.
Financial

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

Vardhman Polytex Ltd. Financial Information (Restated)

Vardhman Polytex Ltd.'s revenue decreased by -36% and profit after tax (PAT) dropped by -1894% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets275.6291.41
Revenue399.61621.67
Profit After Tax-26.761.49
Net Worth-361.04-362.31
Reserves and Surplus-394.32-382.81
Amount in ₹ Crore

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Sru Steels Rights Issue 2024 Vs Vardhman Polytex Rights Issue 2024