Comparison between Akshar Spintex Rights Issue 2024 and Vardhman Polytex Rights Issue 2024.
Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Akshar Spintex Rights Issue 2024 and Vardhman Polytex Rights Issue 2024. Akshar Spintex Rights Issue 2024 is listed on BSE, NSE while Vardhman Polytex Rights Issue 2024 is listed on BSE, NSE.
| Akshar Spintex Ltd | Vardhman Polytex Ltd. | |
|---|---|---|
| Logo |  |  |
| Listing At | BSE, NSE | BSE, NSE |
| Terms of Payment | The entire amount of the Issue Price of Re. 1 per Rights Equity Share shall be payable at the time of Application. | The entire amount of the Issue Price of Rs 6/- per Rights Equity Share shall be payable at the time of Application. |
| Entitlement | 13 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date | 7 Rights Equity Share(s) for every 23 fully paid-up Equity Shares held on Record Date |
| Application Form | Application Form  | Application Form |
| Letter of Offer | Letter of Offer | Letter of Offer |
| Registrar | Bigshare Services Pvt.Ltd. | Alankit Assignments Ltd. |
| Lead Managers | Arihant Capital Markets Ltd. |
The issue size of Akshar Spintex Rights Issue 2024 rights issue is ₹48.75 Crores, whereas Vardhman Polytex Rights Issue 2024 rights issue size is ₹49.84 Crores.
| Akshar Spintex Ltd | Vardhman Polytex Ltd. | |
|---|---|---|
| Issue Size | 48,74,80,500 shares | 8,30,59,434 shares |
| Issue Size (Amount) | ₹48.75 Crores | ₹49.84 Crores |
| Issue Price | ₹1 per share | ₹6 per share |
| Face Value | ₹1 per share | ₹1 per share |
Find all the important dates related to the rights issue. The record date of Akshar Spintex Rights Issue 2024 is Aug 23, 2024 while record date of Vardhman Polytex Rights Issue 2024 is Aug 28, 2024.
| Akshar Spintex Ltd | Vardhman Polytex Ltd. | |
|---|---|---|
| Record Date | Aug 23, 2024 | Aug 28, 2024 |
| Credit of Rights Entitlements | Sep 04, 2024 | Sep 11, 2024 |
| Bid/Offer Opens On | Sep 09, 2024 | Sep 12, 2024 |
| Renunciation of Rights Entitlements | Sep 24, 2024 | Sep 24, 2024 |
| Bid/Offer Closes On | Sep 30, 2024 | Sep 27, 2024 |
| Deemed Date of Allotment | Oct 09, 2024 | Oct 08, 2024 |
| Credit Date | Oct 14, 2024 | Oct 10, 2024 |
| Listing Date | Oct 15, 2024 | Oct 11, 2024 |
Comparison of Akshar Spintex Rights Issue 2024 and Vardhman Polytex 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.
| Akshar Spintex Ltd | Vardhman Polytex Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financial | Akshar Spintex Ltd Financial Information (Restated)Akshar Spintex Ltd's revenue increased by 29% and profit after tax (PAT) rose by 224.99% between the financial year ending with March 31, 2024 and March 31, 2023.
| Vardhman Polytex Ltd. Financial Information (Restated)Vardhman Polytex Ltd.'s revenue decreased by -36% and profit after tax (PAT) dropped by -1894% between the financial year ending with March 31, 2024 and March 31, 2023.
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