Texel Industries Ltd Rights Issue vs Vikas Ecotech Rights Issue

Comparison between Texel Industries Ltd Rights Issue and Vikas Ecotech Rights Issue.

Rights Issue details

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

 Texel Industries LimitedVikas Ecotech Limited
LogoTexel Industries Ltd Rights Issue LogoVikas Ecotech Rights Issue Logo
Listing AtBSEBSE, NSE
Terms of PaymentOn 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.Full Amount on Application
Entitlement55 Rights Equity Shares for every 92 fully paid-up Equity Shares held on the Record date13 Equity Share for every 10 Fully paid up Equity Shares held on the Record Date
Application FormApplication Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarMUFG Intime India Pvt.Ltd.Alankit Assignments Ltd.
Lead ManagersVivro Financial Services Pvt.Ltd.Mark Corporate Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Texel Industries Ltd Rights Issue rights issue is ₹12.49 Crores, whereas Vikas Ecotech Rights Issue rights issue size is ₹49.12 Crores.

 Texel Industries LimitedVikas Ecotech Limited
Issue Size31,22,398 shares36,38,69,577 shares
Issue Size (Amount)₹12.49 Crores₹49.12 Crores
Issue Price₹40 per share₹1.35 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 Texel Industries Ltd Rights Issue is Aug 17, 2021 while record date of Vikas Ecotech Rights Issue is Jun 10, 2021.

 Texel Industries LimitedVikas Ecotech Limited
Record DateAug 17, 2021Jun 10, 2021
Credit of Rights EntitlementsAug 30, 2021Jun 12, 2021
Bid/Offer Opens OnAug 31, 2021Jun 15, 2021
Renunciation of Rights EntitlementsSep 08, 2021Jun 23, 2021
Bid/Offer Closes OnSep 14, 2021Jun 29, 2021
Deemed Date of AllotmentSep 21, 2021Jul 05, 2021
Credit DateSep 22, 2021Jul 07, 2021
Listing DateSep 24, 2021Jul 07, 2021

Financials details

Comparison of Texel Industries Ltd Rights Issue and Vikas Ecotech 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.

 Texel Industries LimitedVikas Ecotech Limited
Financial
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
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19
Total Assets 3,451.26 3,912.43
Total Revenue 1,991.96 2,592.44
Profit After Tax 10.18 150.05

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