Asian Tea Rights Issue vs Texmaco Rail & Engineering Rights Issue

Comparison between Asian Tea Rights Issue and Texmaco Rail & Engineering Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Asian Tea Rights Issue and Texmaco Rail & Engineering Rights Issue. Asian Tea Rights Issue is listed on BSE while Texmaco Rail & Engineering Rights Issue is listed on BSE, NSE.

 Asian Tea & Exports Ltd.Texmaco Rail & Engineering Limited
LogoAsian Tea Rights Issue LogoTexmaco Rail & Engineering Rights Issue Logo
Listing AtBSEBSE, NSE
Terms of PaymentFull Amount on ApplicationThe full amount is payable on Application.
Entitlement1 rights equity shares for every 1 equity shares held on the record date2 Rights Equity Share for every 7 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.Kfin Technologies Ltd.
Lead ManagersFinshore Management Services Ltd.ICICI Securities Ltd.

Rights Issue Size and Price

The issue size of Asian Tea Rights Issue rights issue is ₹15.00 Crores, whereas Texmaco Rail & Engineering Rights Issue rights issue size is ₹164.51 Crores.

 Asian Tea & Exports Ltd.Texmaco Rail & Engineering Limited
Issue Size1,00,00,000 shares7,15,26,643 shares
Issue Size (Amount)₹15.00 Crores₹164.51 Crores
Issue Price₹15 per share₹23 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 Asian Tea Rights Issue is Nov 09, 2021 while record date of Texmaco Rail & Engineering Rights Issue is Oct 22, 2021.

 Asian Tea & Exports Ltd.Texmaco Rail & Engineering Limited
Record DateNov 09, 2021Oct 22, 2021
Credit of Rights EntitlementsNov 15, 2021Oct 29, 2021
Bid/Offer Opens OnNov 18, 2021Nov 01, 2021
Renunciation of Rights EntitlementsNov 26, 2021Nov 08, 2021
Bid/Offer Closes OnDec 02, 2021Nov 15, 2021
Deemed Date of AllotmentDec 13, 2021Nov 23, 2021
Credit DateDec 14, 2021Nov 24, 2021
Listing DateDec 17, 2021Nov 25, 2021

Financials details

Comparison of Asian Tea Rights Issue and Texmaco Rail & Engineering 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.

 Asian Tea & Exports Ltd.Texmaco Rail & Engineering Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
31-Mar-21 31-Mar-20
Total Assets 821.78 854.78
Total Income 1,238.80 2,381.97
Profit After Tax 36.70 27.74
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
31-Mar-21 31-Mar-20
Total Assets 26,415.79 28,865.59
Total Income 17,205.13 18,590.56
Profit After Tax 118.66 (658.40)

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Asian Tea Rights Issue Vs Texmaco Rail & Engineering Rights Issue