Choice International Rights Issue vs Texmaco Rail & Engineering Rights Issue

Comparison between Choice International Rights Issue and Texmaco Rail & Engineering Rights Issue.

Rights Issue details

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

 Choice International LimitedTexmaco Rail & Engineering Limited
LogoChoice International Rights Issue LogoTexmaco Rail & Engineering Rights Issue Logo
Listing AtBSEBSE, NSE
Terms of PaymentThe entire amount of the issue price of ₹ 51/- per rights equity share shall be payable at the time of application.The full amount is payable on Application.
Entitlement1 Equity Shares for every 4 existing share held by the eligible shareholder as 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 ManagersSaffron Capital Advisors Pvt.Ltd.ICICI Securities Ltd.

Rights Issue Size and Price

The issue size of Choice International Rights Issue rights issue is ₹50.75 Crores, whereas Texmaco Rail & Engineering Rights Issue rights issue size is ₹164.51 Crores.

 Choice International LimitedTexmaco Rail & Engineering Limited
Issue Size99,51,200 shares7,15,26,643 shares
Issue Size (Amount)₹50.75 Crores₹164.51 Crores
Issue Price₹51 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 Choice International Rights Issue is Jan 20, 2022 while record date of Texmaco Rail & Engineering Rights Issue is Oct 22, 2021.

 Choice International LimitedTexmaco Rail & Engineering Limited
Record DateJan 20, 2022Oct 22, 2021
Credit of Rights EntitlementsJan 27, 2022Oct 29, 2021
Bid/Offer Opens OnFeb 01, 2022Nov 01, 2021
Renunciation of Rights EntitlementsFeb 10, 2022Nov 08, 2021
Bid/Offer Closes OnFeb 15, 2022Nov 15, 2021
Deemed Date of AllotmentFeb 24, 2022Nov 23, 2021
Credit DateFeb 28, 2022Nov 24, 2021
Listing DateMar 01, 2022Nov 25, 2021

Financials details

Comparison of Choice International 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.

 Choice International LimitedTexmaco Rail & Engineering Limited
Financial
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 6,555.87 5,028.04
Total Income 1,758.15 1,342.18
Profit After Tax 167.10 124.31
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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Choice International Rights Issue Vs Texmaco Rail & Engineering Rights Issue