Mitsu Chem Plast Rights Issue 2024 vs Yarn Syndicate Rights Issue 2024

Comparison between Mitsu Chem Plast Rights Issue 2024 and Yarn Syndicate Rights Issue 2024.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Mitsu Chem Plast Rights Issue 2024 and Yarn Syndicate Rights Issue 2024. Mitsu Chem Plast Rights Issue 2024 is listed on BSE while Yarn Syndicate Rights Issue 2024 is listed on BSE.

 Mitsu Chem Plast LtdYarn Syndicate Ltd.
LogoMitsu Chem Plast Rights Issue 2024 LogoYarn Syndicate Rights Issue 2024 Logo
Listing AtBSEBSE
Terms of Payment

Issue Price of Rs.144/- per Rights Equity Share (including a premium of Rs.134/- per Rights Equity Share). The amount of Rs.72/- per Rights Equity Share (including premium of Rs.67/-) to be paid on Application. Balance to be paid on one call, as may be decided by Board/ the Rights issue Committee of the Board.

Issue Price of Rs.27/- shall be payable by the eligible shareholders in the following manner: 1. Rs. 13.50 at the time of application and 2. Balance Rs. 13.50 in 1st and Final call, as determined by the Board in consultation with the Rights Issue Committee

Entitlement1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date24 Rights Equity Share(s) for every 5 fully paid-up Equity Shares held on Record Date
Application FormApplication Form Application Form
Letter of Offer Letter of Offer Letter of Offer
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Lead Managers

Rights Issue Size and Price

The issue size of Mitsu Chem Plast Rights Issue 2024 rights issue is ₹21.73 Crores, whereas Yarn Syndicate Rights Issue 2024 rights issue size is ₹48.60 Crores.

 Mitsu Chem Plast LtdYarn Syndicate Ltd.
Issue Size15,09,075 shares1,80,00,000 shares
Issue Size (Amount)₹21.73 Crores₹48.60 Crores
Issue Price₹144 per share₹27 per share
Face Value₹10 per share₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Mitsu Chem Plast Rights Issue 2024 is Feb 17, 2024 while record date of Yarn Syndicate Rights Issue 2024 is Jan 24, 2024.

 Mitsu Chem Plast LtdYarn Syndicate Ltd.
Record DateFeb 17, 2024Jan 24, 2024
Credit of Rights EntitlementsJan 30, 2024
Bid/Offer Opens OnFeb 26, 2024Feb 06, 2024
Renunciation of Rights EntitlementsFeb 29, 2024Feb 16, 2024
Bid/Offer Closes OnMar 05, 2024Feb 21, 2024
Deemed Date of AllotmentMar 12, 2024Feb 28, 2024
Credit DateMar 13, 2024Feb 29, 2024
Listing DateMar 15, 2024Mar 04, 2024

Financials details

Comparison of Mitsu Chem Plast Rights Issue 2024 and Yarn Syndicate 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.

 Mitsu Chem Plast LtdYarn Syndicate Ltd.
Financial

Mitsu Chem Plast Ltd Financial Information (Restated)

Mitsu Chem Plast Ltd's revenue increased by 19.49% and profit after tax (PAT) rose by 2.65% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets174.71177.02144.09124.57
Revenue156.00309.33258.86179.45
Profit After Tax2.8511.8011.509.69
Net Worth65.0362.4250.92
Reserves and Surplus50.3538.8427.58
Total Borrowing81.8677.0967.15
Amount in ₹ Crore

Yarn Syndicate Ltd. Financial Information (Restated)

Yarn Syndicate Ltd.'s revenue decreased by -95.07% and profit after tax (PAT) dropped by -139.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets0.180.450.36
Revenue0.030.600.00
Profit After Tax-0.160.400.35
Net Worth
Reserves and Surplus-4.17-4.01-4.41
Amount in ₹ Crore

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Mitsu Chem Plast Rights Issue 2024 Vs Yarn Syndicate Rights Issue 2024