Rapid Investments Rights Issue 2024 vs Tilak Ventures Rights Issue 2024

Comparison between Rapid Investments Rights Issue 2024 and Tilak Ventures Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Rapid Investments Rights Issue 2024 and Tilak Ventures Rights Issue 2024. Rapid Investments Rights Issue 2024 is listed on BSE while Tilak Ventures Rights Issue 2024 is listed on BSE.

 Rapid Investments Ltd.Tilak Ventures Ltd
LogoRapid Investments Rights Issue 2024 LogoTilak Ventures Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

The entire amount of Rs 100 (including a premium of Rs 90) is payable at the time of application

The entire amount of the Issue Price of Rs 2.20/- per Rights Equity Share shall be payable at the time of Application.

Entitlement25 Rights Equity Share(s) for every 39 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 1 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 Managers

Rights Issue Size and Price

The issue size of Rapid Investments Rights Issue 2024 rights issue is ₹8.40 Crores, whereas Tilak Ventures Rights Issue 2024 rights issue size is ₹49.03 Crores.

 Rapid Investments Ltd.Tilak Ventures Ltd
Issue Size8,39,744 shares22,28,48,403 shares
Issue Size (Amount)₹8.40 Crores₹49.03 Crores
Issue Price₹100 per share₹2.2 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 Rapid Investments Rights Issue 2024 is Sep 18, 2024 while record date of Tilak Ventures Rights Issue 2024 is Sep 13, 2024.

 Rapid Investments Ltd.Tilak Ventures Ltd
Record DateSep 18, 2024Sep 13, 2024
Credit of Rights EntitlementsSep 24, 2024Sep 19, 2024
Bid/Offer Opens OnSep 26, 2024Oct 03, 2024
Renunciation of Rights EntitlementsOct 04, 2024Oct 04, 2024
Bid/Offer Closes OnOct 10, 2024Oct 11, 2024
Deemed Date of AllotmentSep 16, 2024Oct 16, 2024
Credit DateSep 18, 2024Oct 17, 2024
Listing DateSep 18, 2024Oct 22, 2024

Financials details

Comparison of Rapid Investments Rights Issue 2024 and Tilak Ventures 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.

 Rapid Investments Ltd.Tilak Ventures Ltd
Financial

Rapid Investments Ltd. Financial Information (Restated)

Rapid Investments Ltd.'s revenue increased by 440% and profit after tax (PAT) rose by 489% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets9.999.312.52
Revenue1.950.360.5
Profit After Tax0.20.030
Amount in ₹ Crore

Tilak Ventures Ltd Financial Information (Restated Consolidated)

Tilak Ventures Ltd's revenue increased by 78% and profit after tax (PAT) rose by 126% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets80.4976.7351.33
Revenue16.919.514.45
Profit After Tax5.152.27-0.39
Net Worth75.6773.3748.95
Reserves and Surplus55.6151.0931.28
Total Borrowing2.382.382.38
Amount in ₹ Crore

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Rapid Investments Rights Issue 2024 Vs Tilak Ventures Rights Issue 2024