Mercury Trade Links Rights Issue 2024 vs The South Indian Bank Rights Issue 2024

Comparison between Mercury Trade Links Rights Issue 2024 and The South Indian Bank Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Mercury Trade Links Rights Issue 2024 and The South Indian Bank Rights Issue 2024. Mercury Trade Links Rights Issue 2024 is listed on BSE while The South Indian Bank Rights Issue 2024 is listed on BSE, NSE.

 Mercury Trade Links Ltd.The South Indian Bank Limited
LogoMercury Trade Links Rights Issue 2024 LogoThe South Indian Bank Rights Issue 2024 Logo
Listing AtBSEBSE, NSE
Terms of Payment

The Issue Price of Rs. 40/- per Equity Share shall be payable at the time of application

Rights Issue Price: Rs.22 per Rights Equity Share fully paid-up (including a premium of Rs.21 per Rights Equity Share) payable on Application.

Entitlement10 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersIIFL Capital Services Ltd.

Rights Issue Size and Price

The issue size of Mercury Trade Links Rights Issue 2024 rights issue is ₹9.90 Crores, whereas The South Indian Bank Rights Issue 2024 rights issue size is ₹1,151.00 Crores.

 Mercury Trade Links Ltd.The South Indian Bank Limited
Issue Size24,75,000 shares52,31,85,254 shares
Issue Size (Amount)₹9.90 Crores₹1,151.00 Crores
Issue Price₹40 per share₹22 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 Mercury Trade Links Rights Issue 2024 is Mar 01, 2024 while record date of The South Indian Bank Rights Issue 2024 is Feb 27, 2024.

 Mercury Trade Links Ltd.The South Indian Bank Limited
Record DateMar 01, 2024Feb 27, 2024
Credit of Rights EntitlementsMar 06, 2024Mar 05, 2024
Bid/Offer Opens OnMar 11, 2024Mar 06, 2024
Renunciation of Rights EntitlementsMar 15, 2024Mar 14, 2024
Bid/Offer Closes OnMar 21, 2024Mar 20, 2024
Deemed Date of AllotmentMar 28, 2024Apr 05, 2024
Credit DateApr 02, 2024Apr 09, 2024
Listing DateApr 05, 2024Apr 12, 2024

Financials details

Comparison of Mercury Trade Links Rights Issue 2024 and The South Indian Bank 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.

 Mercury Trade Links Ltd.The South Indian Bank Limited
Financial

Mercury Trade Links Ltd. Financial Information (Restated)

Mercury Trade Links Ltd.'s revenue increased by 1751.16% and profit after tax (PAT) rose by 106.44% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets0.700.410.52
Revenue0.480.030.65
Profit After Tax0.01-0.100.07
Reserves and Surplus0.160.160.26
Amount in ₹ Crore

The South Indian Bank Limited Financial Information (Restated Consolidated)

The South Indian Bank Limited's revenue increased by 5.57% and profit after tax (PAT) rose by 1630.22% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 2022
Assets107,697.16100,051.87
Revenue8,044.557,620.44
Profit After Tax775.3144.81
Net Worth6,098.03
Reserves and Surplus6,465.355,643.69
Total Borrowing6,993.853,294.49
Amount in ₹ Crore

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Mercury Trade Links Rights Issue 2024 Vs The South Indian Bank Rights Issue 2024