Megasoft Rights Issue vs Texel Industries Ltd Rights Issue

Comparison between Megasoft Rights Issue and Texel Industries Ltd Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Megasoft Rights Issue and Texel Industries Ltd Rights Issue. Megasoft Rights Issue is listed on BSE, NSE while Texel Industries Ltd Rights Issue is listed on BSE.

 Megasoft LimitedTexel Industries Limited
LogoMegasoft Rights Issue LogoTexel Industries Ltd Rights Issue Logo
Listing AtBSE, NSEBSE
Terms of PaymentFull Amount on ApplicationOn Application, Investors will have to pay Rs.20 per Rights Equity Share (50% of the Issue Price). The balance of Rs.20 per Rights Equity Share (50% of the Issue Price) will have to be paid in the first and final call at such time as may be determined by the Company Board at its sole discretion.
Entitlement2 Rights Equity Share for every 3 Fully Paid-up equity shares held on the Record Date55 Rights Equity Shares for every 92 fully paid-up Equity Shares held on the Record date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarCameo Corporate Services Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersFedex Securities Pvt.Ltd.Vivro Financial Services Pvt.Ltd.

Rights Issue Size and Price

The issue size of Megasoft Rights Issue rights issue is ₹29.50 Crores, whereas Texel Industries Ltd Rights Issue rights issue size is ₹12.49 Crores.

 Megasoft LimitedTexel Industries Limited
Issue Size2,95,02,748 shares31,22,398 shares
Issue Size (Amount)₹29.50 Crores₹12.49 Crores
Issue Price₹10 per share₹40 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 Megasoft Rights Issue is Jul 13, 2021 while record date of Texel Industries Ltd Rights Issue is Aug 17, 2021.

 Megasoft LimitedTexel Industries Limited
Record DateJul 13, 2021Aug 17, 2021
Credit of Rights EntitlementsJul 21, 2021Aug 30, 2021
Bid/Offer Opens OnJul 22, 2021Aug 31, 2021
Renunciation of Rights EntitlementsJul 30, 2021Sep 08, 2021
Bid/Offer Closes OnAug 05, 2021Sep 14, 2021
Deemed Date of AllotmentAug 13, 2021Sep 21, 2021
Credit DateAug 17, 2021Sep 22, 2021
Listing DateAug 20, 2021Sep 24, 2021

Financials details

Comparison of Megasoft Rights Issue and Texel Industries Ltd Rights Issue 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.

 Megasoft LimitedTexel Industries Limited
Financial
Summary of financial Information Consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,173.28 3,312.62 3,217.45
Total Revenue 662.66 632.35 705.13
Profit After Tax 18.48 7.07 3.34
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Lakhs)
31-Mar-21 31-Mar-20
Total Assets 7,336.23 3,744.64
Total Revenue 8,306.98 9,552.95
Profit After Tax 213.30 207.24

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Megasoft Rights Issue Vs Texel Industries Ltd Rights Issue