Syschem India Rights Issue 2023 vs Varanium Cloud Rights Issue 2023

Comparison between Syschem India Rights Issue 2023 and Varanium Cloud Rights Issue 2023.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Syschem India Rights Issue 2023 and Varanium Cloud Rights Issue 2023. Syschem India Rights Issue 2023 is listed on BSE while Varanium Cloud Rights Issue 2023 is listed on NSE.

 Syschem (India) LimitedVaranium Cloud Limited
LogoSyschem India Rights Issue 2023 LogoVaranium Cloud Rights Issue 2023 Logo
Listing AtBSENSE
Terms of Payment

The full amount of Rs. 40/- per equity shares is payable on application.

Investors will have to pay Rs. 2.50 at the time of application, Rs. 2.50 at the time of one or more subsequent calls as determined by the Board.

Entitlement1 Rights Equity Share(s) for every 4 fully paid-up Equity Shares held on Record Date1 Rights Equity Share(s) for every 10 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.Bigshare Services Pvt.Ltd.
Lead Managers

Rights Issue Size and Price

The issue size of Syschem India Rights Issue 2023 rights issue is ₹31.89 Crores, whereas Varanium Cloud Rights Issue 2023 rights issue size is ₹49.45 Crores.

 Syschem (India) LimitedVaranium Cloud Limited
Issue Size79,72,600 shares40,20,574 shares
Issue Size (Amount)₹31.89 Crores₹49.45 Crores
Issue Price₹40 per share₹123 per share
Face Value₹10 per share₹5 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Syschem India Rights Issue 2023 is Sep 29, 2023 while record date of Varanium Cloud Rights Issue 2023 is Sep 15, 2023.

 Syschem (India) LimitedVaranium Cloud Limited
Record DateSep 29, 2023Sep 15, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnOct 16, 2023Sep 28, 2023
Renunciation of Rights EntitlementsOct 23, 2023Sep 29, 2023
Bid/Offer Closes OnOct 27, 2023Oct 06, 2023
Deemed Date of AllotmentNov 04, 2023Oct 06, 2023
Credit DateNov 08, 2023Oct 10, 2023
Listing DateNov 13, 2023Oct 12, 2023

Financials details

Comparison of Syschem India Rights Issue 2023 and Varanium Cloud Rights Issue 2023 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.

 Syschem (India) LimitedVaranium Cloud Limited
Financial

Syschem (India) Limited Financial Information (Restated)

Syschem (India) Limited's revenue decreased by -54.56% and profit after tax (PAT) dropped by -69.23% between the financial year ending with July 31, 2023 and March 31, 2023.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets93.0492.7159.8177.17
Revenue59.36130.6365.7674.67
Profit After Tax1.394.51-1.71-5.57
Net Worth23.6922.306.947.12
Reserves and Surplus
Total Borrowing1.521.611.7512.56
Amount in ₹ Crore
Varanium Cloud Rights Issue 2023 Financial Information (Restated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets7.658.3340.67183.99
Revenue0.124.2035.35383.37
Profit After Tax-1.491.428.4085.46
Net Worth
Reserves and Surplus-1.040.378.7791.22
Total Borrowing
Amount in ₹ Crore

Compare with others

Compare:

Syschem India Rights Issue 2023 Vs Varanium Cloud Rights Issue 2023