Sru Steels Rights Issue 2024 vs Tilak Ventures Rights Issue 2024

Comparison between Sru Steels 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 Sru Steels Rights Issue 2024 and Tilak Ventures Rights Issue 2024. Sru Steels Rights Issue 2024 is listed on BSE while Tilak Ventures Rights Issue 2024 is listed on BSE.

 Sru Steels LtdTilak Ventures Ltd
LogoSru Steels Rights Issue 2024 LogoTilak Ventures Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

All Money 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.

Entitlement4 Rights Equity Share(s) for every 1 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
RegistrarBeetal Financial & Computer Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead Managers

Rights Issue Size and Price

The issue size of Sru Steels Rights Issue 2024 rights issue is ₹47.95 Crores, whereas Tilak Ventures Rights Issue 2024 rights issue size is ₹49.03 Crores.

 Sru Steels LtdTilak Ventures Ltd
Issue Size4,79,51,400 shares22,28,48,403 shares
Issue Size (Amount)₹47.95 Crores₹49.03 Crores
Issue Price₹10 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 Sru Steels Rights Issue 2024 is Aug 31, 2024 while record date of Tilak Ventures Rights Issue 2024 is Sep 13, 2024.

 Sru Steels LtdTilak Ventures Ltd
Record DateAug 31, 2024Sep 13, 2024
Credit of Rights EntitlementsSep 06, 2024Sep 19, 2024
Bid/Offer Opens OnSep 09, 2024Oct 03, 2024
Renunciation of Rights EntitlementsSep 18, 2024Oct 04, 2024
Bid/Offer Closes OnSep 24, 2024Oct 11, 2024
Deemed Date of AllotmentSep 28, 2024Oct 16, 2024
Credit DateOct 01, 2024Oct 17, 2024
Listing DateOct 03, 2024Oct 22, 2024

Financials details

Comparison of Sru Steels 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.

 Sru Steels LtdTilak Ventures Ltd
Financial

Sru Steels Ltd Financial Information (Restated)

Sru Steels Ltd's revenue increased by 10% and profit after tax (PAT) dropped by -54% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets19.817.617.97
Revenue18.3216.7215.0527.08
Profit After Tax0.320.70.230.21
Net Worth13.7313.2912.6712.44
Total Borrowing0.550.4
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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Sru Steels Rights Issue 2024 Vs Tilak Ventures Rights Issue 2024