Rainbow Foundations Rights Issue vs Tilak Ventures Rights Issue

Comparison between Rainbow Foundations Rights Issue and Tilak Ventures Rights Issue.

Rights Issue details

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

 Rainbow Foundations LimitedTilak Ventures Limited
LogoRainbow Foundations Rights Issue LogoTilak Ventures Rights Issue Logo
Listing AtBSEBSE
Terms of PaymentFull Amount on ApplicationPartial - ₹2.50 on Application
Entitlement8 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date3 right shares for every 4 fully 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.MUFG Intime India Pvt.Ltd.
Lead ManagersTurnaround Corporate Advisors Pvt.Ltd.Capital Square Advisors Pvt.Ltd.

Rights Issue Size and Price

The issue size of Rainbow Foundations Rights Issue rights issue is ₹48.52 Crores, whereas Tilak Ventures Rights Issue rights issue size is ₹48.18 Crores.

 Rainbow Foundations LimitedTilak Ventures Limited
Issue Size4,41,04,800 shares9,63,60,000 shares
Issue Size (Amount)₹48.52 Crores₹48.18 Crores
Issue Price₹11 per share₹5 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 Rainbow Foundations Rights Issue is Mar 11, 2022 while record date of Tilak Ventures Rights Issue is Feb 18, 2022.

 Rainbow Foundations LimitedTilak Ventures Limited
Record DateMar 11, 2022Feb 18, 2022
Credit of Rights EntitlementsMar 17, 2022Feb 25, 2022
Bid/Offer Opens OnMar 25, 2022Feb 28, 2022
Renunciation of Rights EntitlementsApr 11, 2022Mar 08, 2022
Bid/Offer Closes OnApr 18, 2022Mar 15, 2022
Deemed Date of AllotmentApr 26, 2022Mar 28, 2022
Credit DateApr 28, 2022Mar 29, 2022
Listing DateMay 02, 2022Apr 05, 2022

Financials details

Comparison of Rainbow Foundations Rights Issue and Tilak Ventures 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.

 Rainbow Foundations LimitedTilak Ventures Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Lakhs)
  31-Mar-21 31-Mar-20
Total Assets 30,286.55 27,791.10
Total Income 3,768.32 2,915.97
Profit After Tax 114.38 170.13
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
  30-Sep-21 31-Mar-21
Total Assets 286.33 278.87
Total Income 2.73 51.13
Profit After Tax 2.15 13.65

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Rainbow Foundations Rights Issue Vs Tilak Ventures Rights Issue